Turns out that owning a boat is pretty affordable. OK, it isn't cheap, but it can absolutely be done on a budget. In this article, I'll show you what to expect. Sure, superyachts are expensive, but so is everything super except for maybe supermarkets. How much does the average sailboat cost?
Of course the price of a sailboat depends on many factors, like the size for example, and your choices determine whether sailing is a rich man's game, or actually a very good holiday investment which beats driving around to bungalow parks for sure - both in cost and in fun. If you plan to buy a cheap boat, be sure you know about boats, or bring someone along that does. Some boats are cheap because their owners are done with them, others have expensive missing parts, damages, or other hidden costs.
This will be a long article because there are so many aspects to cover. I'd like to spend some time exploring the costs of actually buying the boat. Then I want to go into recurring costs , like mooring, maintenance, and insurance.
But a boat doesn't just cost money : she can actually make you some if you want. I'll discuss a couple of ideas at the end of the post. There, you'll also find some really detailed figures on price per feet and so on.
But first, to get a good sense of the ballpark amounts, I'll give some real-life price examples, like:. There are a lot of great boats out there for a good price and there are also some boats that are so expensive or so cheap , it's not even fun to look at them. But one thing's for sure: there are plenty of boats available, and even if you're on a very tight budget, you could absolutely still make it work.
Sailing is in and of itself actually not that expensive: wind is free, water is free, boats can be cheap - if you're willing to look around a bit. It's all the little extras that add up quickly.
Listed below are 4 boats that make great beginner boats. If you want to know exactly where the numbers come from, don't worry, I'll explain them after the 4 examples. Let's say you're like me and most other people and just want a nice boat without too much hassle. So you pay people for complex maintenance.
You do the required maintenance and save up for future repairs. You do a little yourself, which saves you a couple of hundred of bucks a year. You also join a cheap sailing club to learn how to not trash the boat. You get the right trailer, and you save up some money for future repairs. You don't want to buy a bad boat, so you pay a fair purchase price.
Ok, I'm very interested in how cheap you could actually go in theory. Is it do-able to buy a very cheap sailboat and just keep her afloat, never change sails, and only pay for maintenance that is absolutely necessary to not sink? In this scenario, I don't care about speed, so I don't change sails. I certainly won't join a sailing club, and I try to save some money on the marina by boondocking.
I also happen to live in a cheap state registration and tax-wise. Read everything about docking costs. I don't save up for rigging and hardware tomorrows' worries. I try to get an extra 2 years out of my bottom paint and I only do the essential repairs, and I do them myself.
But because I saved so much on the purchase, this little boat needs a lot of maintenance. Luckily, I have time on my hands and know my way around engines and rigging, so I do all of it myself with the help of YouTube.
I don't bother with winterizing my boat, I'll just sail somewhere warm. Oh, and I'll use the engine as little as possible to save on gas. Will your boat be happy? Definitely not, but your wallet will be for now. Can it be done? It's optimistic, but yes, I think it can be done. But you have to be mechanically inclined, and pretty creative. If you dream of crossing oceans, you need a comfortable ride. Usually, most sailors pick a boat that's between 32' - 50' for two person ocean cruising.
Anything under 32' gets pretty uncomfortable in high waves, although it can be done. But this is also the range that gets expensive - quickly. So if we're on a tight budget, but also need a good and reliable boat: how much will it cost? For this price, I've seen a beautiful wooden cutter by Robert Tucker , multiple Beneteau Oceanis from '88 - '89, multiple Bavarias In this example, you don't join any sailing clubs I assume you're pretty experienced if you want to cross oceans.
You also don't winterize you're sailing the Caribbean by now. No trailer, as you won't haul it out of the water any time soon. You do pay a fair price for the boat because you don't want any surprises during your Tour du Monde. In need of a lot of bottom paint , since you're in saltwater most of the time. If you want to learn more, head over to the recommended gear section.
Let's say you're in the game for the fame. What does it cost me to own a grande yacht with all luxuries and costs that go with it? I join an expensive sailing club, hire pros that maintain the thing beautifully, and I also pay for winterization, the best trailer I can find. I replace my sails and running rigging every 5 years - since speed matters to me. Because she's my pride, I paint her every year.
I spend an additional bucks a year on special soaps and waxes. I want a prime mooring location, so I pay a premium. I also get a small boat to hang from the large boat, to get to shore more quickly. But what's the largest boat one person can operate?
Hint: it's bigger than you'd expect. Read all about the largest one-person sailboat. It's the same with new sailboats - or actually, it keeps increasing with every extra couple of feet. The reason is that as the boat gets bigger, it also gets more luxurious upholstery, finishing, equipment. If this is too much for you, you could always rent a boat instead. I recommend BoatSetter - it's the Airbnb among boat rental websites.
Which means you'll get a great sailboat at a great price. Check out BoatSetter here. I've looked at the prices of thousands of yachts really on one of the largest yacht marketplaces in the world - not manually, don't worry: with the help of their search function. This is what I came up with:. To get an average of the price of a used sailboat, I went over to Craigslist.
I took the first 10 relevant search results for sailboats under, and over 30 feet. Of course, the averages here are very speculative, as prices vary from day to day.
But it gives a broad range of what to expect. Over 50 feet, listings become meagre. I believe people tend to not place their ft yacht on Craigslist, but sell it through a broker instead. So I've kept used yachts over 50 feet out of the picture for now. I've calculated the median price, not the average. The median is the price that's most common within the price range.
This way the highest and lowest prices don't have as much impact. We took an in-depth look at everything. The result is a comprehensive article that lays it all out for new boat owners.
Read all about maintenance costs. Gas engines run for about 1, hours, diesel engines run for 5, After that, you'll need to change them out.
You can actually use a pretty small engine for most sailboats. To learn how small and efficient you can go, I've written a guide on how to calculate it yourself. Read all about outboard engine size. Most people that own a sailboat will have to replace the sails and rigging at least once in their lifetime.
Replacing the mast is uncommon, but if you're unlucky and get demasted, it will need to be fixed. So I've added it to the "be aware this might happen" list - but won't add it to the monthly recurring costs. I won't go into detail, but I have written a long article about the cost of new sails opens in new tab. It's a really helpful post with a formula if you want to know what to expect.
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