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Old 08-11-2011, 07:54   #16
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pirate Re: Cost of Upkeep ?

KISS.... pretty cheap and a well maintained boat.
Bells & Whistles..... mega bucks in comparison.... it's where the 'Boat Buck' comes from....
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Old 08-11-2011, 08:18   #17
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Re: Cost of Upkeep ?

While the items mentioned above can help determine the costs of upkeep and maintenance -- on any size boat -- the real determining factor is the standard to which the boat is kept.

It is a sad fact that most of the boats on the used market have been very poorly kept, either mechanically or cosmetically or both. As the economy has tanked, it's my view as well as that of my professional boating colleagues, including surveyors, that the issue of poor maintenance has become epidemic.

You can look at 20 boats and see only one, maybe two, which have been decently and professionally maintained.

Even if you as an owner are exceptionally skilled and have the very considerable time needed to maintain a cruising vessel, there are costs which you cannot long evade without impacting on the overall condition of the vessel.

How much does it cost? Maintenance costs vary widely, but on average somewhere between 5% and 10% of the value of the boat per year to properly maintain a boat is likely to be in the ballpark. Some years will be much less, some much more.

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Old 09-11-2011, 14:37   #18
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Re: Cost of Upkeep ?

The old KISS (keep it simple, stupid) rules still applies. The bigger the boat, the more power assists you need but that doesn't mean you have to have every bell and whistle. Conveniences mean added maintenance, repairs, potential for failure and/or false readings.
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Old 09-11-2011, 14:56   #19
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Re: Cost of Upkeep ?

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Originally Posted by matauwhi View Post
G'day, mates. A couple of other things that impact the cost are how much upkeep "you" personally are capable/willing to do and how you use the vessel (coastal cruising vs. offshore passagemaking for example). Heading into year 14 now, averaging approximately $2,100 a year. It has helped that our Mason was very well cared for with good quality gear when we bought her. Cheers.
It's good to see some practical sanity coming into the discussion.
I've seen a few pictures of your boat and it is absolutely bristol right to the bilges.

The 10% of value per year is crazy unless you're a cheque book owner in an up market marina/boatyard complex.
Normally, a $300,000 boat wouldn't cost a handy sailor $30,000 a year in maintenance.
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Old 09-11-2011, 15:00   #20
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Re: Cost of Upkeep ?

Am outfitting my new to me boat and it really pays to have almost twice the money of the cost of the boat....
Changing out all of the electronics.
Tools
Safety equipage
And so forth is staggering
After completion of the above

Then start tracking costs of the daily maintenance.
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Old 15-11-2011, 18:35   #21
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Re: Cost of Upkeep ?

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Went from a twin engine gas power to twin diesels the cost of oil, filters, antifreeze & fuel filters was over $300.00 to service.
$300? But it cost you $300 just to start the twin gas engines didn't it?
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Old 18-11-2011, 13:23   #22
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Re: Cost of Upkeep ?

A lot of the $$$ depends on how much you can do yourself and how much you depend on others.
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Old 18-11-2011, 20:30   #23
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Re: Cost of Upkeep ?

When figuring monthly maintenance I include the inevitable cost of future engine replacement 2-300 USD per month, sails 200 per month, and rigging etc into the equation and come up with something in the range of $750.00 for my 28 ft Westsail. That's before any upgrades.
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Old 19-11-2011, 12:38   #24
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Re: Cost of Upkeep ?

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Originally Posted by virginia boy View Post
When figuring monthly maintenance I include the inevitable cost of future engine replacement 2-300 USD per month, sails 200 per month, and rigging etc into the equation and come up with something in the range of $750.00 for my 28 ft Westsail. That's before any upgrades.
These could be good numbers, but they are moderated by how long you own the boat and your DIY potential. I've replaced the propulsion engine, generator, sails and standing rigging (say 2&1/2 times for the rigging) for a cost of about 33K on a boat that I have owned for 27 years. This comes to a rate of $100/month. Of course this is only the big ticket items. I suspect my total maintenance is about $200/month.
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Old 22-11-2011, 14:49   #25
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I have a 54' covered slip & a 24' covered with a lift for the 17' center console @$5000.00 per year
Fuel this year $1800.00
Oil & filters @$300.00
Electric @$1500.00
Upgrade, parts & repairs @$2600.00
Beer & bait $$$$$
Living on my boat PRICELESS !
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Old 29-11-2011, 08:37   #26
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Re: Cost of Upkeep ?

when we bought our colvic watson 32 motor sailor we paid £37k in the past 6 years I have rewired,replumbed and changed all the electrical circuts. Also fitted water heater and new central heating and insulated all the boat in 12mm cork so NO damp or condensation at all pluss cheap to heat and cooler in the summer. We did all the work ourselves and at a total cost of £10600
Living aboard in Brittany France cost us about £7000 a year and that covers ALL car, insurance food wine and travel
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