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Old 07-12-2013, 11:40 PM   #1
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City: Vallejo CA
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What's your annual cost?

Maintenance/boatyard (optimistically): $6000
Berthage: $4000
Property tax:$2200
Fuel: $1000
Thankfully, no boat-loan payments.
(No upgrades since the Trinka dinghy acquisition)

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Old 07-12-2013, 11:56 PM   #2
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What about insurance?
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Old 07-13-2013, 12:01 AM   #3
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What about insurance?
Thanks, I forgot about it. It's minimus compared to other boat expenses. So, let's add another $1500. Now we're talking 14 grand, totally. What a hobby!


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Old 07-13-2013, 12:34 AM   #4
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Quote:
Originally Posted by markpierce View Post
Maintenance/boatyard (optimistically): $6000
Berthage: $4000
Property tax:$2200...
Property Tax on a boat??
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Old 07-13-2013, 12:52 AM   #5
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$3,200 Covered Berth
$800 Insurance
$1,500+/- Fuel
$1,200 General Maintenance/Repair
$3,000 Misc. Repair/Upgrade Sinking Fund

These are the annual numbers in my budget spreadsheet. Actual numbers will vary. No debt, simple boat, simple systems, big fun.
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Old 07-13-2013, 05:32 AM   #6
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Stored on my dock, self insured , only cost is any upgrade and expense while in operation , fuel or a rare dock.

Only cost is possible loss from not renting 50 ft of dockspace.
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Old 07-13-2013, 07:26 AM   #7
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For fulltime liveaboard
Seasonal Dockage (Apr15-Dec15)$4000
Cruising Dockage (Dec15-Apr15) $5500 (less = more anchoring this year)
Annual haul(s) plus supplies $1000
Fuel $2500
Gen Maintenance $1000
Insurance $1200

Total $15200

Add $10,000 per year for upgrades (1st 3 years of ownership)
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Old 07-13-2013, 09:11 AM   #8
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Quote:
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Property Tax on a boat??
Yes! Equal to a dirt home's property tax in California. Fortunately, the tax base/value, and thus the annual property tax of the boat, declines over time.
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Old 07-13-2013, 09:29 AM   #9
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Great Lakes, 44 foot boat:

Heated winter storage $4000
Summer slip (May-Sept) $4000
Insurance (May-Sept) $1100 (includes hull coverage while on the hard)
Maintenance $1000 (~$15K in upgrades @ purchase)
Fuel and transient slips Variable

So, about $10K fixed costs
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Old 07-13-2013, 02:19 PM   #10
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~24' Vashon:

Wet slip: $3084 (includes utilities)
Insurance $917
Diesel: $500
Registration: $36
Maintenance: I'm guessing it will be around $1200 (always finding something to do); I'll do my own bottom cleaning.

Total: $5737 (bottom job every 18-24 months not included).
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Old 07-14-2013, 02:39 AM   #11
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Our 4788 Bayliner 53' OAL
Seward AK


Insurance 2700
Slip 2400
Utilities 1400
Winter boat watch 800
Maint approx 3000
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Old 07-14-2013, 09:28 AM   #12
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CHB Europa 48' LOA
Everett, WA

Covered 50' Slip 9000 (Utilities included)
Insurance 1400
Maint / upgrades approx 2000-3000
Fuel 200-300
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Old 07-14-2013, 10:27 AM   #13
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Folks, thank you so much for providing this info. I'm seriously considering getting a 40 - 45' boat early next year and have been trying to understand what these annual/misc expenses might be. This is great, thanks again!
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Old 07-14-2013, 10:37 AM   #14
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I'm not going to join this thread.

Rather not talk about it.
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Old 07-14-2013, 10:44 AM   #15
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Quote:
Originally Posted by manyboats View Post
I'm not going to join this thread.

Rather not talk about it.
Bad night, Eric?
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Old 07-14-2013, 01:25 PM   #16
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Didn't we have this discussion over a year ago? I searched the archives but couldn't find the thread.
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Old 07-14-2013, 02:07 PM   #17
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http://www.trawlerforum.com/forums/s3/your-annual-$-numbers-7842.html

Sorry if it isn't a hyperlink. Did this from my phone.
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Old 07-14-2013, 02:21 PM   #18
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Now it is a link...........click here.
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Old 07-14-2013, 02:35 PM   #19
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Thanks guys!

Before paying off my loan, my annual costs were $15,300 per year including fuel ($1000), maintenance ($700), slip ($5000), loan ($5850), insurance ($660), property tax ($650), and improvements ($1500-2000).

Now that the big improvements are paid for and my loan is paid off, my projected annual costs come out to about $8500 per year. That's $163 per week for the lifestyle choice. I figure if I was a golfer, I'd probably spend that much on golf. If I was a drunk, I'd probably spend more than that in a bar. I, too, used to smoke and as a reward for quitting in 2000 bought my first boat in 2001. The money I saved from smoking has gone to a good cause and I'm that much healthier because of it.


Trawler Forum - View Single Post - Your annual $ numbers
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Old 07-14-2013, 02:49 PM   #20
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Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.
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