answersLogoWhite

0

How much it cost a yacht?

Updated: 12/9/2022
User Avatar

Wiki User

10y ago

Best Answer

While there is no fixed definition, historically a 'yacht' has always been any vessel intended for pleasure use that provides accomodation for extended stays. All sailboats that have long term accomodation and space for provisions (meaning anything over about 30-40') are yachts.

The two designations are S/V "Boat Name" and S/Y "Boat Name"

While many people refer to luxury megayachts as yachts, this is simply a truncation of "megayacht" for the uninitiated. A "yacht" can cost anywhere from a few grand for a crusty old boat rotting away on a mooring, to the megayacht price scale. It's not determined by price: it's an actual nautical term describing a specific use of a boat.

------------------------------------------------------------------

The term "yacht" typically refers to a very rich man's (or woman's) recreational boat, (or vessel) of which is a minimum of 50 feet in length, and is extremely, luxuriously appointed...

So... if this is actually the type vessel is what you are curious about... here's a good "ballpark" answer.

Today, the going rate for a typical "yacht" is about $40,000 a lineal foot. So the initial purchase price of a typical 50' "yacht" would set the new owner back about $2,000,000.

But, that's not near all it cost... The purchase price of a "small yacht" is only about half the cost of maintaining it over the first seven years or so... after that, the cost of maintaining it will go up rather dramatically.

In addition to the above, there is transportation to and from, plus dock fees, fuel, crew, food, beverage, and entertainment expenses... So, honestly... to the man, woman, corporation, that purchases a true "yacht"... the initial price is really peanuts; and I do mean it is an incidental - almost nothing price to pay - for the onset of expenses to own, operate, maintain, and entertain...

Now, if you are asking about the price of a small to medium size "boat"... that's a whole different story...

But, "small to medium" means different things to different people, and "boat" well, that can be anything that floats...

So, to get a good answer for that... you will need to add a lot more specifics, ie: power, sail, row, paddle, electric, etc. - Where are you going to use it? Fresh water? Salt water? or Bath water? Get my drift? (pun intended).

Want to see and learn about Ron Allen's "yacht" the Octopus?

Ron is the co-founder (with Bill Gates) of Microsoft... Click on the link below and learn about his "yacht"...

It has two helicopters, a submarine, etc. and costs a mear $750,000 to "top off her fuel tanks"... $20 million a year to just keep her clean & pay her crew.

http://www.yachtcrew-cv.com/paulallen.ht…

Happy & Safe Boating!

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much it cost a yacht?
Write your answer...
Submit
Still have questions?
magnify glass
imp