Wow, I would not be able to own a boat if I had expenses like that. I will add up some figures for fuel and maintenance later , but this year it won't be much as i worked all summer to cover the cost of my refit during the winter. Thankfully I own my mooring (free) and when on the dock it is at a friends house so thats free too.
Just to let everyone know it can be done at both ends. You have to be creative to do it cheaply, but it can be done.
Just the guy that runs the boat.
Well at the lower end of the spectrum, I'm running about $320 ish a month for mooring, fuel, insurance and upkeep. I spend a lot of time on the hook. Bi or tri-annual haulout adds about $27 a month to the average (I do my own labor too, ). Add food to that and gee I'm real close to $500 a month.
I don't expect much if any added costs for the year. So for those that wonder what it costs:
Other than boat payments; using my 2001 Hunter 410 (really a 43.5' foot boat and I get charged for than length on haul out)
$1,549 operation and general (fuel, insurance, mooring permit, etc)
$ 848 maintenance and repairs
$4,818 storage and marina (winter dry store and moorings during season)
In comparison not counting payments I think it costs around $6000 for my house between taxes and upkeep.
I just went away and totalled what I'll have spent this year. Comes to pretty much exactly what you've spent. Mines an 84 and this is the first year I've had it so spend more like 3K on maintenance but less on slip fees ($3600 for the year.) I get the bottom done every 6 weeks, and it's $85 a go on average.
I also blew $3K on a new pair of sails and I won't be doing that every year Hopefully next year will be cheaper (hysterical laughter)
Once again proving that ignorance is bliss. Sometimes it's just better not to know.
True, but most of the time ignorance is just ignorance and I prefer to be informed. I'm surprised more people haven't posted their costs in the thread. Maybe most are living in the thier ignorance and I'm the one out of normal.
Don't ask a bunch of unknown forum people if it is OK to do something on YOUR boat. It is your boat, do what you want!
True, but most of the time ignorance is just ignorance.
You do have a point here but then there are times when ignorance can contribute to marital bliss.
Seriously, I do keep pretty close tabs on boat costs, at least larger ones. It might be interesting to add up all the little expenses like a shackle here, a couple of bulbs there kind of thing. I have a feeling that these would add up to more than you think. Did you include this in your totals, every time you stopped by West Marine on the way home and dropped $20 - $40 on small stuff?
Originally Posted by Don Lucas
I'm surprised more people haven't posted their costs in the thread. Maybe most are living in the thier ignorance and I'm the one out of normal.
Since I'm not quite done with the refit my expenses are hopefully not typical of what they will be once I'm actually back in the water. At least I hope I won't have to replace the cutlass bearing, motor mounts, rigging, sails and such on an annual basis.
Maybe a new thread on what it costs to overhaul a used boat. Or I can just hijack your thread.
The water is always bluer on the other side of the ocean.
Sometimes it's necessary to state the obvious for the benefit of the oblivious.
Rust is the poor man's Loctite.
Great thread Don, It is useful for those of us who are planning for the future, as I am sure was your intent. I hope more cruisers will add up their expenses and share the info. I continually watch this forum for this kind of info.