SailNet Community - View Single Post - Boat Buying Costs
View Single Post
  #1  
Old 03-14-2013
mysterybee's Avatar
mysterybee mysterybee is offline
CS36 Merlin - O Pato
 
Join Date: Feb 2013
Location: Toronto
Posts: 39
Thanks: 2
Thanked 0 Times in 0 Posts
Rep Power: 0
mysterybee is on a distinguished road
Boat Buying Costs

Hi,

The Sailnet Community was very helpful in responding to my first post, so I've decided to come back to you again for more insight. I'm trying to put together a budget plan for buying our first sailboat. Although I haven't picked a specific boat, I already know what I'll be targeting:

- 36-38 ft in length
- $85,000 maximum price
- mid-1990s
- 2-cabin
- aft cockpit

What I'd like to do is nail down all my potential costs. I've already got the price target of $85k + tx. I've picked a local marina that will cost around $3k + tx per year, including pumpout/haulout/launch and 30 amp hydro access. I still need to identify the following:

- Survey cost
- Any additional purchase fees
- Annual Insurance
- Annual Maintenance

I live in Toronto so the prices I'm talking about would all be in CDN $. Also, my intention is to get a boat with only a freshwater history, which will hopefully reduce maintenance issues.

So? Thoughts? What other numbers should I be looking at? My wife is an accountant so if I miss anything, she WILL skin me and roast me alive.

Thanks in advance!

Cheers!

G
Reply With Quote Share with Facebook