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Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
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Old 01-07-2005
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grommet is on a distinguished road
total cost of ownership

Hi all, I am trying to get organized in order to understand and track total cost of boat ownership. Does anyone know of a website or spreadsheet that helps organize and track expenses? Thank you all, your input is greatly valued.

g.
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Old 01-08-2005
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OCJoe is on a distinguished road
total cost of ownership

G:don''t do it. You''ll never spring for the boat. In my mind the purchase should only be 60% of the total available funds. The rest will go into the following: insurance, dockage, storage, upgrades, upkeep, etc. All of this is before you cast off the lines and head out to sea.
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Old 01-08-2005
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Sailormon6 will become famous soon enough
total cost of ownership

You''ll find a discussion of this subject at the following web address.

http://sailnet.com/messageboards/schmessage.cfm?Forum=4&Topic=4023

It didn''t discourage me from buying a boat. Believe it or not, I was afraid the expense would be worse.
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Old 01-08-2005
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Irwin32 is on a distinguished road
total cost of ownership

Just by the damn boat. You will find a way to to store and berth it.
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Old 01-08-2005
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Irwin32 is on a distinguished road
total cost of ownership

Oh yeah- the big issue is are you willing and able to dedicate the time it will take to be a boat owner. That is a question few ask themselves. Also, I know in my earlier post "by" should be spelled "buy".
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Old 01-09-2005
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grommet is on a distinguished road
total cost of ownership

thanks all for the great posts. yes i am going to buy the boat but i want to more fully understand what i am getting myself in for. if for nothing else, so i can budget and schedule maintenance items rather than having to defer them which, imho, often ends up costing more down the line.
g.
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Old 01-09-2005
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maxcontax is on a distinguished road
total cost of ownership

I chartered for over 10 years before I bought, and did alot of calculating on what made sense, charter or own, and how many days a year you''d need to use the boat before it was cheaper than chartering. In the end I tossed out all the numbers and just did it and while it was way more than I had estimated I have absolutely no regrets. Figure on about $50 per hundredweight of boat per year to own and maintain it and then toss in you expenses when you actually sail it, and that might just be as close as it comes to annuals on a sailboat.
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