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**Boracay** · 02-07-2009, 16:25

When I was working out how much boating would cost me I ended up with a figure of 25%pa of the value of the boat in good condition.

This was made up of 7% depreciation, 6% maintenance and 12% loss of investment earning capacity. These figures rely on the owner doing most, if not all, of the work, and do not include insurance.

Mooring/marina charges are extra as (in the case of a liveaboard) would be living expenses.

General observation would suggest that this is a good starting figure.

So say you buy a boat for $20k that would sell for $40k in good condition. You would need to consider budgeting $10k p.a. for depreciation/maintenance/investment loss.

Add $5k p.a. for mooring/marina fees and you have (on your budget) $15k for general living.

Looks fairly tight to me.

02-07-2009, 16:25	#9
Boracay Moderator Moderator Join Date: Feb 2004 Location: nr Blackwattle Bay,Sydney, NSW, Australia Boat: Steel Roberts Offshore 44 Posts: 1,880	25% of good condition value... When I was working out how much boating would cost me I ended up with a figure of 25%pa of the value of the boat in good condition. This was made up of 7% depreciation, 6% maintenance and 12% loss of investment earning capacity. These figures rely on the owner doing most, if not all, of the work, and do not include insurance. Mooring/marina charges are extra as (in the case of a liveaboard) would be living expenses. General observation would suggest that this is a good starting figure. So say you buy a boat for $20k that would sell for $40k in good condition. You would need to consider budgeting $10k p.a. for depreciation/maintenance/investment loss. Add $5k p.a. for mooring/marina fees and you have (on your budget) $15k for general living. Looks fairly tight to me. __________________ Rust never sleeps Boracay Blog.