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Old 25-03-2012, 17:27   #1
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Cost of yacht maintenance and upkeep

Okay-- so after ten years of chartering every kind of twin screw in the 40-60' range we have decided to buy in the next year or so. We'll get a 57 Marlow about 3-6 years old and will keep it in a marina on the west vast of Florida. I have heard all about the ten-percent-of-cost rule and am struggling to get to $100k per year just to keep a pre-owned $1.3M yacht in ship shape. I have my arms around insurance, financing, marina fees, fuel, etc. My question is more on what does it cost to just maintain, in Bristol condition, such a vessel if
it is in the marina six months per year and cruising the other six months?

Also, if I want to hire a captain to watch the boat while out of town I suppose it is a negotiation to find one to do daily maintenance or just observe and call a mechanic for the oil changes, etc.

Anyone have any experience to share?

Thanks a bunch!
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