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Join Date: Sep 2005
Location: New Westminster, BC
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Re: Boat Buying Costs
You're going to get varied responses... I would have said $7-800 for survey, more if you're planning on a mechanical and/or rigging survey too. We pay about $500 for non-racing insurance but on a relatively low/realistic resale value (obviously not replacement value)
As SJB indicated the actual annual costs can vary dramatically depending on what need reared its head.. haulout and bottom paint? $1500 - 2000, but often that can be spread over a couple of years. New sails? lookout!
, this year we're replacing our headsail and our charging sytem to the tune of $3-4K - and of course this will be on top of the regular haulout costs, also due this year.
Last year was a 'tween haulout year, a quick lift and pressure wash was all that was required outside of some structural upgrades we undertook by choice. Our biggest annual cost that never goes away (or down) is over $5K for moorage. That more than covers the "10%" of value for us, never mind insurance and other incidentals.
1984 Fast/Nicholson 345 "FastForward"
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)