yacht prices by size

Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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How Much Does a Yacht Cost: A Comprehensive Breakdown for Buyers

Yachts embody luxury, status, and freedom, leading many to wonder about the costs associated with such an extravagant purchase.

Buying a yacht is a significant investment that involves not only the initial price but also ongoing expenses such as maintenance, fuel, insurance, and crew costs.

The price of a yacht varies greatly depending on factors such as size, brand, age, and features. Understanding these factors will help potential buyers make informed decisions.

Smaller yachts often start at a few hundred thousand dollars , while larger or more luxurious models may cost millions. Meanwhile, superyachts and mega yachts can carry price tags in the tens or hundreds of millions of dollars.

It is important to remember that additional ownership costs, like annual operating expenses , must be considered when calculating the true cost of yacht ownership.

Key Takeaways

• Yacht costs vary greatly based on size, brand, age, and features
• Additional expenses such as maintenance, insurance, and crew should be factored in
• Assessing all costs involved helps gain a clearer picture of the true cost of yacht ownership

Types and Sizes of Yachts

When considering the cost of a yacht, it's important to understand the various types and sizes available in the market.

In this section, we will explore some of the main categories of yachts, including sailing yachts vs. motor yachts and the range of sizes from small to superyachts.

Sailing Yacht Vs. Motor Yacht

There are two main types of yachts: sailing yachts and motor yachts.

Sailing yachts rely on wind power and sails for propulsion, making them more eco-friendly and fuel-efficient. They come in a variety of sizes and styles, with smaller sailboats starting around 23 feet in length. Some popular designs include sloops, cutters, and ketches.

Meanwhile, motor yachts use engines for propulsion, offering more speed, power, and maneuverability. These yachts typically range from around 30 to 100 feet, although larger motor yachts can also be classified as superyachts. Motor yachts are often equipped with a luxurious interior, offering the utmost comfort and entertainment for guests.

Small Yachts to Superyachts

Small Yachts (10,000-$100,000):

Small yachts generally range from 23 to 40 feet in length. These yachts are more affordable and easier to maintain, making them attractive to first-time buyers. They can be both sailing yachts and small motor yachts. Examples of small yachts include sportfishing boats, family cruisers, and day sailers.

Midsize Yachts ($100,000-$1,000,000):

Midsize yachts typically range from 40 to 60 feet in length. The price of a midsize yacht can vary greatly, with used models going around $200,000 while new ones can go up to a million dollars. They offer more space, better amenities, and improved performance compared to small yachts. Midsize yachts can also be classified as sailing yachts or motor yachts.

Large Yachts ($1,000,000 and up):

Large yachts typically range from 60 to 100 feet in length. These luxurious vessels come with a higher price tag, often costing multiple millions of dollars. Large yachts offer plenty of space for entertaining, as well as state-of-the-art technology and amenities. They come in both sailing and motor yacht varieties.

Superyachts ($10,000,000 and up):

Superyachts are the pinnacle of luxury and sophistication, typically measuring over 100 feet in length. They feature extravagant amenities, such as helipads, swimming pools, and even movie theaters. The price of a superyacht can be astronomical, at times exceeding $10 million or more.

Cost Factors for New and Used Yachts

When determining the cost of a yacht, whether new or used, several factors come into play. These include the age and condition , size and style, brand and model, and location and availability of the yacht.

Each of these factors plays a significant role in the overall cost, so understanding them can help buyers make an informed decision.

Age and Condition

The age of a yacht naturally impacts its price. A brand-new yacht typically commands a higher price than a used one. However, the condition of a used yacht can also greatly influence its value. A well-maintained, used yacht in excellent condition may be more expensive than a newer model with issues or wear and tear.

Size and Style

The size and style of the yacht also play a crucial role in determining the cost.

Generally, larger yachts come with a higher price tag. For example, the average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79 foot category was $1.18 million.

The style of the yacht, such as a sailboat, power catamaran, or luxury yacht, can have a significant effect on the price as well.

Brand and Model

The yacht's brand and model also contribute to its price. Some yacht brands are known for their luxury, craftsmanship, and performance, which can lead to a higher cost.

On the other hand, more affordable brands may offer similar amenities and functionality at a more budget-friendly price.

It's essential to research different yacht brands and models to find the one that best suits your preferences and budget.

Location and Availability

The location of the yacht, along with its availability in the market, can influence the overall cost.

In some regions, yacht prices may be higher due to factors such as demand, local taxes, or shipping costs. Additionally, if a specific model is in high demand or limited supply, its price may be elevated due to scarcity.

Initial Purchase Price

Buying New Vs. Pre-Owned

When considering the initial purchase price of a yacht, one of the first decisions a buyer faces is whether to buy a new or pre-owned yacht.

New yachts typically come with the latest technology, design, and customization options, but they also come at a higher price.

On the other hand, pre-owned yachts can be significantly more budget-friendly, but may require more maintenance and lack the latest features.

The average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79-foot category was $1.18 million. These prices can vary depending on whether the yacht is new or used.

The Buying Process

The process of buying a yacht typically involves researching the market, selecting the right size and type of yacht, identifying suitable yachts, negotiating the price, and completing the purchase.

Working with a professional yacht broker can be beneficial in streamlining this process for the buyer as they can provide expert guidance in selecting the right yacht to fit the buyer's needs and budget.

Costs to Consider

In addition to the initial purchase price, there are various other costs that should be taken into account when buying a yacht. These include:

• Insurance : Buyers should consider the cost of insuring the yacht. Insurance fees, among other factors, are influenced by the size and value of the yacht.
• Marina fees : Docking the yacht at a marina will incur fees, which can range from a few thousand dollars for smaller yachts to tens of thousands for larger ones.
• Maintenance : Maintenance costs can make up around 10% of the initial purchase price. For used yachts, be prepared to spend on essential repairs and upgrades as needed.
• Fuel : The cost of fuel is influenced by the yacht's size, engine type, and cruising frequency.

Operational and Maintenance Costs

Crew Expenses

One of the significant expenses associated with owning a yacht is paying the crew salaries .

The number of crew members and their respective positions will vary depending on the size and complexity of the yacht. For example, a 180-foot superyacht may have an annual crew expense of around $1.4 million.

It is essential to account for additional crew-related costs such as insurance, training, and uniforms.

Fuel and Propulsion

Another considerable aspect of yacht ownership is fuel costs. The amount of fuel consumption will largely depend on the yacht's size, propulsion system, and usage patterns.

For instance, a larger yacht may incur around $400,000 for fuel annually.

It is also worth considering the potential expenses for any necessary upgrades or maintenance of the propulsion systems to ensure optimal performance and efficiency.

Repairs and Upkeep

Maintaining the yacht's appearance and condition requires regular maintenance and repairs . These expenses can quickly add up. Annual maintenance costs for a superyacht could reach up to $1 million.

This includes expenses for cleaning, teak oils, wax, and polish to keep the yacht looking immaculate. It is often recommended to allocate around 10% of the yacht's value to cover annual maintenance costs.

Dockage and Storage

Mooring fees, marina fees, and storage are additional factors to consider when estimating the operational costs of a yacht. Dockage costs typically depend on the yacht’s size and the chosen location.

On average, a superyacht may have an annual dockage expense of around $350,000 .

Additional Ownership Costs

Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht.

For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year .

Obtaining quotes from various providers is essential. Remember that rates can fluctuate based on factors such as the yacht's condition and the owner's boating experience.

Taxes and Registration

Owning a yacht also comes with local and federal taxes and registration fees. Tax rates can vary depending on the state or country where the boat is registered.

In the United States, some states have a sales tax for yacht purchase, while others have an annual personal property tax. Make sure to research the applicable taxes and registration fees in your area to include them in the overall cost of ownership.

Depreciation

Another factor to consider when purchasing a yacht is depreciation. Over time, the value of most yachts will decrease, much like automobiles.

The rate of depreciation may differ based on the yacht's make, model, and age. To account for this potential decrease in value, make sure to have a proper maintenance plan in place and be prepared for the potential resale-value drop.

Extra Amenities and Upgrades

Finally, extra amenities and upgrades can significantly impact the cost of owning a yacht. Additional features such as upgraded electronics, specialized navigation systems, enhanced entertainment systems, or custom interior finishes can add considerably to the base cost of ownership.

Also, consider ongoing costs associated with these amenities, such as maintenance, repairs, and replacements. Budgeting for these additional expenses is critical to ensure your enjoyment of the yacht without financial strain.

Real Cost of Yacht Ownership

Owning a yacht is a luxury many people dream of, but it comes with significant costs. This section will discuss the real cost of yacht ownership , looking at the rule of thumb for annual costs and investment considerations.

Rule of Thumb for Annual Costs

When estimating the cost of owning a yacht, a general rule of thumb is that annual costs will be around 10% of the initial purchase price. This includes expenses such as maintenance, fuel, insurance, and crew salaries.

For example, a 180-foot superyacht could have an annual budget of $1 million for maintenance, $400,000 for fuel, $240,000 for insurance, and $1.4 million for the crew.

Another example is a 50-foot yacht , which may have ongoing costs between $35,000 and $85,000 per year.

• Maintenance and Repairs: The cost of maintaining a yacht can range from $1,000 to over $1 million per year, depending on the size and complexity of the vessel.
• Dockage: Yacht owners should budget around $350,000 annually for marina fees.
• Fuel: Depending on the size and type of yacht, fuel expenses can be substantial, averaging around $400,000 per year for a large vessel.
• Insurance: Insurance premiums for yachts can range from a few thousand dollars to upwards of $240,000 per year.
• Crew Salaries: Crew salaries can account for the largest portion of yacht ownership costs. A large yacht may require a crew with an annual budget of $1.4 million.

Investment Considerations

When thinking of purchasing a yacht as an investment, potential owners should consider several factors.

Yachts depreciate in value over time, making them a less attractive investment compared to traditional assets such as stocks and real estate.

Additionally, the high cost of ownership may make yacht investment less viable for some individuals.

Keep in mind that while some owners charter their yachts to offset costs, this strategy may not fully cover annual expenses. Moreover, chartering exposes the yacht to additional wear and tear, which can result in higher maintenance costs.

Life on Board

Amenities and Comfort

Life on a yacht offers a unique blend of luxury and comfort. Yachts often come equipped with a variety of amenities to make living on board as enjoyable as possible.

One common feature is the cabin , which provides comfortable sleeping quarters and private spaces for relaxation. Some yacht cabins even have their own ensuite bathrooms for added convenience.

A well-designed galley is essential on a yacht, providing the space and facilities needed to prepare meals and store provisions.

Modern yacht galleys often come equipped with high-quality appliances and ample storage space to ensure a pleasant dining experience.

On larger yachts, additional amenities may include swimming pools , outdoor lounges, and spacious deck areas for sunbathing and relaxation. Some superyachts also feature helipads , allowing for easy access to transport and travel to and from the yacht.

Entertaining and Lifestyle

A yacht is not just a floating home, but also a platform for entertaining and socializing. The deck space on a yacht offers a fantastic setting for outdoor gatherings, while a well-appointed cabin cruiser can serve as an ideal venue for more intimate events.

Entertaining on a yacht often involves a range of activities, from casual get-togethers to formal dinners with friends, family, or business associates.

A key factor in this lifestyle is the yacht's finish – the quality of the materials, furnishings, and décor that contribute to an atmosphere of luxury and sophistication.

With such an array of amenities and entertainment options, life on a yacht combines the best aspects of comfort, luxury, and a captivating lifestyle.

Frequently Asked Questions

What is the price range for a small yacht?

Small yachts can cost anywhere from $100,000 to several hundred thousand dollars, depending on factors such as size, brand, age, and amenities.

On average, a new, small yacht may cost around $200,000, but prices can vary significantly based on the specific yacht .

What are typical rental costs for yachts of various sizes?

Rental costs for yachts can vary greatly depending on factors like size, type, and location.

Typically, smaller yachts can be rented for a few thousand dollars per day, while larger, luxury yachts may command tens of thousands of dollars per day.

Some yachts may also require a minimum rental period and may charge additional fees for things like fuel and crew.

What is the purchasing price for a luxury yacht?

Luxury yachts generally fall within the multi-million-dollar price range, with some costing tens of millions or even hundreds of millions of dollars.

The exact price of a luxury yacht depends on several factors, such as the yacht's features, size, customizations, and brand.

What is the cost associated with owning a 50-foot yacht?

The cost of owning a 50-foot yacht includes the purchase price, maintenance, insurance, docking fees, and fuel costs.

While the purchase price can vary greatly, annual costs can be estimated at approximately 10% of the yacht's value, which may include maintenance, repairs, insurance, docking fees, and other related expenses.

What are the expenses involved in buying a 100-foot yacht?

In addition to the purchase price, which can range from a few million to tens of millions of dollars, owning a 100-foot yacht incurs several ongoing costs.

These expenses include insurance, crew salaries, maintenance, docking fees, fuel, and provisions. It is important to budget for these costs, as they can add up to a significant amount each year.

What can one expect to pay for a 70-foot yacht?

The purchase price of a 70-foot yacht can range from several million dollars to well over $10 million, depending on factors such as age, brand, and features.

In addition to the initial purchase price, there will be ongoing costs such as insurance, maintenance, crew salaries, docking fees, and fuel, which need to be considered when budgeting for yacht ownership.

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Yacht Price: An In-Depth Guide to Understanding and Managing Costs

Key takeaways:.

– Yacht prices vary greatly based on type, size, age, and luxury level.

– Owning a yacht involves additional costs including maintenance, insurance, and docking fees.

– Financing options are available for prospective yacht buyers.

– Valuation and negotiation play crucial roles in the yacht purchasing process.

Table of Contents

I. introduction, ii. understanding yacht pricing, iii. yacht cost breakdown, iv. cost of yacht ownership, v. financing and valuation of yachts, vi. yacht charter and purchase options, vii. conclusion, introduction.

Welcome to the opulent world of yachting, where the sparkling seas beckon and the allure of the high seas whispers the promise of luxury and leisure. For many, the dream of owning a yacht symbolizes the ultimate in success and lifestyle achievement. However, this dream comes with a need for a deep understanding of what that gleaming vessel will cost – often beyond the sticker price.

Whether you’re an experienced mariner or a novice to nautical adventures, grappling with the concept of yacht prices can be daunting. This isn’t simply about the upfront cost of the purchase; it’s a broader topic encompassing ongoing expenses, market valuation, and the intricate details of yacht financing.

In this comprehensive guide, we will embark on a voyage through the complexities of yacht pricing. From unraveling the initial costs of various types of yachts to navigating the treacherous waters of depreciation, maintenance, and insurance, our journey will arm you with the knowledge needed to make informed decisions in the world of yacht ownership. Whether you’re contemplating purchasing a sleek sailing yacht or a majestic motor-powered mega yacht, understanding the intricacies of pricing is paramount.

So, hoist the sails and prepare to delve into the fiscal voyage of yacht ownership, as we chart a course through the monetary seas, ensuring you don’t encounter any unexpected storms along the way. Welcome aboard!

Stay tuned as we explore the first segment of our course in “ Understanding Yacht Pricing “ , where we’ll break down the costs and factors that determine the price of your potential marine investment.

Understanding Yacht Pricing

When embarking on the journey to purchase a yacht, understanding the breakdown of costs is essential. Prices can vary significantly based on brand, size, amenities, and whether the vessel is new or pre-owned. Here’s a brief look at the key components that factor into the price of a yacht:

Yacht Cost Breakdown

Table 1: price range by yacht type and size.

• Sailing Yacht
• Motor Yacht
• Luxury Superyacht
• Size Range (feet)
• New Yacht Price Range
• $100,000 – $10 million
• $500,000 – $20 million
• $10 million – $300+ million
• Pre-Owned Price Range
• $50,000 – $5 million
• $250,000 – $15 million
• $5 million – $150+ million

Note: Prices are approximate ranges and can vary based on additional factors.

This table provides an overarching view of the potential costs associated with different types of yachts, which helps in setting expectations for prospective buyers. Now, let’s look at the recurrent costs associated with yacht ownership.

Cost of Yacht Ownership

Owning a yacht is associated with several continuous expenses that maintain the vessel’s operational status and value. Below is a table outlining the typical annual costs you can expect once you’ve acquired your yacht.

Table 2: Annual Yacht Ownership Costs

• Expense Category
• Maintenance & Repairs
• Crew Salaries (if needed)
• Dockage & Storage Fees
• Fuel & Operational Costs
• Estimated Annual Cost
• $1,000 – $1 million+
• $30,000 – $1 million+
• $10,000 – $500,000
• $5,000 – $500,000
• $50,000 – $1 million+
• Percentage of Yacht Value
• 1% – 10%
• 5% – 50%
• 1% – 3%

Note: Costs can vary based on yacht size, usage, location, and other factors.

By examining the tables above, it is apparent that the initial acquisition of a yacht is merely the entry fee into the world of yachting. The ongoing expenses can often amount to a significant percentage of the yacht’s original price each year.

Q: What factors affect the price of a yacht?

A: The price is influenced by size, brand, age, design, amenities, and whether the yacht is custom-built or mass-produced. Additionally, the vessel’s condition, market demand, and the seller’s motivation play roles in pricing.

Q: Are there any hidden costs in yacht ownership?

A: Yes, beyond the purchase price, owners should account for maintenance, insurance, crew salaries, docking fees, and operational costs like fuel.

Q: Is financing available for purchasing a yacht?

A: Financing options include marine loans, leasing, and sometimes even seller financing. Each option comes with specific terms and requirements.

Q: How significant are the ongoing costs of owning a yacht?

A: Annual costs can range from 1% to 10% (or more) of the yacht’s value, depending on size, usage, and other factors.

Q: Can I charter my yacht to offset ownership costs?

A: Yes, chartering your yacht can provide income, but it also entails additional wear and management considerations. Consult with a yacht management company for guidance.

Key Takeaways

• Yacht prices are variable and are impacted by numerous factors including type, size, and luxury amenities.
• Ownership costs extend beyond the purchase price and include recurring expenses associated with maintenance, crew, insurance, and operational fees.
• Financing options are diverse and should be carefully considered to match the buyer’s financial situation.
• Professional guidance from brokers, financial advisors, and legal experts is crucial in navigating the complexities of yacht ownership.
• Due diligence and comprehensive research can help minimize financial risks and ensure a rewarding yacht ownership experience.

Whether considering a purchase or simply dreaming about it, understanding yacht pricing is critical for anyone stepping into the maritime luxury market. Always take the time to gather information, plan ahead, and consult professionals to ensure your yachting experience is smooth sailing.

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How Much Does a Yacht Cost?

11th jul 2023 by samantha wilson.

We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’

What Classifies as a Yacht?

To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.

Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet. Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters). 

The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.

While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure. 

The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently. 

Cost of Buying a Yacht

Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used.  Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars. 

Cost of Owning a Yacht

The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:

• Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
• Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information. 
• Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
• Fuel: This will vary depending on how far you cruise and how large the yacht is.
• Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
• Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.

Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs . 

Types of Yachts per Cost

When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes. 

How much is a small yacht? (25 to 40 feet)

A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.

When we’re looking at smaller yachts around 25 to 30 feet, these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you. 

How much is a medium-sized yacht? (40 to 70 feet)

Mid-sized yachts that fall within the 40- to 70-foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022. 

Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons. 

How much is a sailing yacht?

Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length. 

When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat. 

How much is a luxury yacht or superyacht?

Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.

Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world. 

How much is a megayacht?

When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale . 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

More from: Samantha Wilson

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Yacht Prices

When it comes to buying a luxury yacht, there’s a lot to know about yacht pricing. Here at Worth Avenue Yachts, our team of brokers will help you with everything you need to know, but here’s a general yacht pricing guide to get you started on your yacht-buying journey.

Luxury yacht prices, like the yachts themselves, differ enormously. According to 2014 sales data , the average yacht price for a second-hand yacht for sale is €7.9 million ($8.4 million), but prices of super yachts can start at around $1.5 million for a small or older yacht and rise to a $600 million, which is how much Azzam, the largest yacht in the world at 590 feet cost to build.

The size of the yacht and age of the yacht are the obvious starting points for yacht pricing, but many other factors also come into account. The yacht builder, or ‘brand’, can have an extraordinary impact on the asking price- for example, a 200 foot yacht from two different yacht builders can easily see a difference in pricing of around 20 million dollars. Yacht brands also differ in how they hold their value or depreciate relatively rapidly- this is where the wide industry knowledge of your yacht broker will be of enormous value to you when considering what the resale value should be.

Also affecting price is whether something is completely custom-built, semi-custom, or chosen from an existing identical range. As the global fleet of superyachts is growing rapidly, with over 10,000 yachts afloat today, there are increasingly good deals to be found on second-hand yachts as existing yacht owners upgrade. You’ll also often find sharp reductions in second-hand yacht pricing announced in the lead-up to yacht shows, making these yachting events a great time to shop around, view lots of different boats and get a good deal.

In the US, the Fort Lauderdale International Boat Show is the largest event of this kind, while the Monaco Yacht Show is the flagship yacht show of the Mediterranean. There are many other yacht shows around the world; see our events page for details. Yacht pricing is  also affected by global economic fortunes: the yachting industry is now rebounding after the financial crisis but there are still some excellent bargains out there.

The yacht designer’s name- exterior and interior- also affects yacht pricing tremendously: yachts by certain designers such as Bannenberg & Rowell and Espen Oeino will generally attract much higher prices than lesser-known designers. The yacht’s history will also affect resale value accordingly- yachts which have been well-maintained and lightly used will obviously hold a higher second-hand value. The range of the yacht (i.e., how big its fuel tanks are so the distance it can travel) also affects pricing, as does the brand of machinery, electronics and AV systems the yacht carries.

A yacht’s flag registry and tax status will also affect yacht pricing- some yachts will be advertised as ‘tax paid’, representing a good deal for some. Additionally, there are some tax restrictions affecting yacht purchases in certain countries. For instance, in the US a bill has just been introduced to end the prohibitive import taxation on US buyers buying foreign-flagged yachts located in US waters, and that will be watched with interest as it will positively influence yacht pricing for US buyers if it passes.

As you can see, many factors can influence yacht pricing, and it is constantly in flux due to economic and legislative factors. Your yacht broker is up-to-date with industry knowledge and where to find the good deals, so get in touch with a yacht broker at Worth Avenue Yachts to find out more about yacht pricing, alternatively fill in this contact form and we will be in contact shortly.

How Much Does a Yacht Cost? Unveiling Yacht Pricing

When considering the cost of a yacht, the question that often arises is, " How much does a yacht cost ?" Much like inquiries about the cost of homes, this question needs a more straightforward answer. Yacht prices exhibit a wide range of variation, influenced by size, style, age, finishing details, and geographical location. The price spectrum for yachts is astonishingly broad, spanning millions of dollars, given the many yacht sizes available. Before delving into the specifics of yacht costs, it's essential to address the fundamental query: " What defines a yacht? "

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Defining the Category of Yachts:

According to the Merriam-Webster Dictionary, yachts can be broadly categorized into sailing boats and motor-powered yachts . These recreational watercraft encompass many vessels, including sailboats for racing and large motor-driven craft for leisure cruising. While size is not an explicit definition component, it significantly influences the classification.

In the industry, boats measuring between 40 and 70 feet are commonly called " yachts ," though some include vessels as short as 33 feet in this category. Notably, the concept of superyachts has evolved. In the past, yachts as small as 80 feet were considered superyachts, but with the advent of much larger vessels, a length of 130 feet is now more commonly associated with this distinction . Beyond that, there are megayachts, typically starting at 165 or 200 feet.

The crux lies in the absence of rigid criteria; one person's modest 20-foot sailboat may be regarded as a luxury sailing yacht by another. Generally, a boat is called a gleaming private vessel measuring 40 feet or more .

Beyond Size: Amenities Aboard:

While size is pivotal in labeling vessels as yachts, onboard amenities also contribute to the classification. Boats often feature cabins and heads below decks, facilitating overnight stays, a galley, and ample deck space for leisure activities .

The term 'yacht' has acquired connotations of luxury, particularly with the proliferation of enormous superyachts worldwide. However, luxury is not a prerequisite for yachts; a lively 30-foot trawler yacht may appear opulent to some, while others, like Jeff Bezos and the guests aboard his new $500 million sailing yacht Koru, might have a divergent perspective.

Understanding the Price of Yachts:

Attempting to determine an average price for yachts across all categories proves to be an exercise in futility, given the vast range of yacht sizes, spanning from 30 to 300 feet, and the distinction between new and used boats. To provide a general overview, purchasing a small used sailing yacht for as little as $15,000 in the United States is possible, while small motor yachts may cost between $50,000 and $100,000 . Larger motor yachts or new 40-foot day boats can effortlessly reach prices exceeding $1 million . Superyachts, on the other hand, invariably command multi-million-dollar valuations.

Ongoing Ownership Costs:

The expenses associated with yacht ownership extend beyond the initial purchase price. Even for those considering smaller yachts, it's imperative to account for annual costs, including :

• Marina Fees : Fees vary based on location and boat size, ranging from $5,000 for smaller yachts to tens of thousands for larger vessels.
• Insurance : Typically, annual insurance costs amount to approximately 0.5% of the boat's value.
• Maintenance and Repairs : Roughly 10% of the boat's value is allocated to care each year, with new yachts potentially incurring lower expenses.
• Fuel : Costs fluctuate depending on cruising distance and yacht size.
• Crew : While yachts up to 70 or 80 feet may not necessitate a team, larger vessels require more extensive staffing. Crew salaries range from $3,200 monthly for junior crew members to $10,500 monthly for captains and chief engineers.
• Depreciation : New boats experience the most significant depreciation, often losing 40 to 50% of their initial value within 8 to 10 years.

Categories of Yachts Based on Cost:

When discussing yachts and their price points, size usually takes center stage. Nevertheless, the style, engine size and finishing touches substantially influence costs . This examination will investigate average price disparities between new and used yachts in the United States, categorized by size.

Small Yachts (25 to 40 feet):

Small yachts, typically around 40 feet, fall within the realm of cabin cruisers and represent an entry-level option above smaller day boats. These vessels often feature cabins, heads, and small galleys, offering opportunities for weekend getaways . Prices vary considerably based on whether the yacht is new or used and factors like the model, finish, and engines. New and recent models of 38 to 40-foot boats may range from $250,000 to over $1 million , while older models often carry significantly lower price tags. According to the Boats Group Market Index of 2022, the average price in the United States for all new and used yachts measuring between 36 and 45 feet was $238,000 .

Smaller yachts, ranging from 25 to 30 feet, typically lack cabins and are considered day cruisers. Motor cruisers within this size bracket can cost anywhere from $70,000 for nearly new models to well over $100,000 for brand-new ones . Variations in engine size and layout complexity will impact prices, with premium finish and accommodations commanding higher costs. For instance, a new Ranger 29 (a pocket trawler) starts at over $350,000 .

Medium-Sized Yachts (40 to 70 feet):

Mid-sized yachts within the 40- to 70-foot range exhibit a price range extending from approximately $250,000 to over $4 million . This pricing spectrum hinges on size, model, finish, engines, additional features, and whether the yacht is new or used. The Boats Group Market Index 2022 reports that the average price of vessels measuring 46 to 55 feet in the United States was $467,899 , with 2,273 boats sold. The average price in the 56 to 79-foot category was $1.18 million, with 997 yachts sold in 2022 .

The cost of a yacht is substantially influenced by whether it is new or used. For instance, the base price of a new Viking 58 is $4.1 million, while a three-year-old model can be acquired for $3.5 million. A 10-year-old version may cost around $600,000 . For additional comparisons, one can explore new and used luxury yachts for sale.

Sailing Yachts:

Long before the advent of combustion engines, sailing yachts or sailboats have graced the world's oceans for centuries. While contemporary perspectives often equate boats with luxurious motor vessels, sailing boats maintain their distinct identity . When assessing the price of a sailing ship, factors such as size, age, and finishing details come into play, resulting in valuations ranging from $5,000 to several million dollars , with superyachts commanding even higher prices. The largest sailing yacht globally is Sailing Yacht A, measuring 470 feet and costing an estimated $600 million .

For larger sailing yachts, particularly those around 100 feet in length, a " rule of thumb " suggests an approximate cost of $1 million per every 3 feet. Consequently, a 100-foot yacht might carry a price tag of around $30 million. As one descends the length spectrum, smaller, used sailing boats may be available at a fraction of that cost . A 55-foot boat with a few years of sailing history may sell for approximately $700,000 , while a new one could easily exceed $2 million. For older sailing yachts ranging from 30 to 40 years in age and measuring 30 to 35 feet, prices could be as low as $25,000 , while brand-new counterparts may exceed $250,000 in cost.

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Luxury Yachts and Superyachts:

Superyachts rank among the most abundant vessels at sea and come with a substantial price tag. As mentioned previously, yachts measuring 78 feet (24 meters) or more are commonly categorized as superyachts, although the definition may extend to vessels exceeding 165 or 200 feet and even those over 300 feet. Operating such extensive vessels requires a full-time crew, significantly inflating overall expenses . According to some estimates, the cost of building a new, top-of-the-line custom superyacht can range up to $1 million per foot of length. Used superyachts command lower prices, with potential purchases of 10-year-old, 90-foot superyachts priced around $2.5 million . More recent models, less than five years old, tend to approach the $4 million range, while brand-new superyachts may cost around $9 million . Prospective buyers can explore listings for superyachts for sale worldwide.

Megayachts:

Upon entering the realm of megayachts, prices escalate in tandem with vessel length and interior volume. The largest megayacht globally, Azzam, measures 590 feet and boasts a construction cost of $600 million . Yachts in this class represent the pinnacle of luxury, offering features such as expansive swimming pools, helicopter pads, generous guest and crew accommodations, beach clubs, and much more. The upkeep costs for vessels of this size can surpass $20 million, encompassing crew fees, fuel, mooring expenses, insurance, provisions, and maintenance . To witness some of the world's most awe-inspiring superyachts and megayachts, one can refer to superyacht travel guides or search for megayachts for sale.

Final Thoughts: How Much Does a Yacht Cost?

In conclusion, understanding a yacht's cost entails considering various factors, including size, style, age, finishing details, and whether the vessel is new or used . These factors collectively determine the price range, extending from thousands of dollars to millions or even billions for the most extravagant superyachts and megayachts.

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Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

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Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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How much does a yacht cost | ultimate breakdown guide.

 October 14, 2019

Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.

How Much Does a Yacht Cost?

To know the context for how much does a yacht cost, we define some important terms.

Yacht Terms

• Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
• Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
• Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
• Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
• Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
• Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
• Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
• Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features.       Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
• Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.

Average Cost of Yacht

New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.

The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.

How Assets America ® Can Help

Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help.  We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines.  Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!

Apply For Financing

How much does a superyacht cost.

Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.

How Much Does a Megayacht Cost?

The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.

Video:  Million Pound Mega Yachts for Sale – Documentary 2019

Additional Costs of a Yacht

A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.

Municipalities that charge local sales tax could add a percentage point or two to your tax bill.

Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.

Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.

A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.

There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :

• An annual Maritime Security and Compliance fee
• Private Yacht Limited Charter Compliance Certificate
• Minimum Safe Manning Certificate
• Continuous Synopsis Record (CSR) Document
• Annual Yacht Service
• Intended Registration and Vessel Under Construction Registration

Cost Breakdown

When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:

• Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
• Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
• Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
• Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.

FAQs — How Much Does a Yacht Cost?

How much does a 50-foot yacht cost.

A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.

What is the cost to build a yacht?

Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.

How much does a 60-foot yacht cost?

A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.

How much does a 100-foot yacht cost?

Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!

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How much does it cost to purchase a superyacht?

Superyachts are amongst one of the world’s most exclusive purchases, with the finest vessels costing hundreds of millions of dollars. A luxury yacht is the ultimate lifestyle purchase for the world’s richest, offering flexibility, exclusivity, and the freedom to discover the world's hidden gems in unparalleled luxury.

While owning a superyacht comes with a plethora of benefits, many aspects come into play when deciding to purchase one. Working with a knowledgeable yacht broker, such as the team at Yachting Partners International, can help assist you in your search, by providing expert advice and guidance throughout your entire yachting journey.

The cost of buying a superyacht can vary considerably depending on the size, yacht and amenities you wish to purchase.

In general, the smaller the yacht, the lower the price, with superyachts of 24m or more usually attracting asking prices of over €1m, going up to an average of €11.42m in the 40m-50m category, €24.15m in the 50m-70m category and an average of €81.2m for yachts of 70m+.

Purchasing a motor yacht also tends to cost more than a sailing yacht. However, this is often because many sailing yachts on the market are older; a brand-new sailing yacht will still demand a high price.

It is also important to note that semi-custom yachts are often less expensive than customised superyachts. Of course, yachts decked out with beach clubs, sports courts, spas, fitness suites, and a toy box full of the latest water toys can cost much more.

Jeff Bezos's new 412-foot vessel is estimated to cost about US$500 million to build, and Elon Musk's first luxury Model Y Tesla yacht is ready to set sail, costing around $700 million.

What are the benefits of owning a superyacht?

An indication of prestige, few things match the experience of owning a superyacht. Each year, the world's best shipyards are taking shipbuilding to new levels of luxury, implementing the best design materials, advanced technologies, world-class amenities and environment-friendly features to meet the needs of discerning yacht owners.

Almost all luxury superyachts boast elegant onboard interiors, spacious saloons, and sublime sundecks. However, the world's largest superyachts offer amenities that can often rival a luxury resort, including swimming pools, helipads, wellness centres, private cinemas, beach clubs, sports courts, dive centres and more.

There is also the unparalleled level of service that goes into the onboard experience. From onboard chefs to specialist spas, the service goes above and beyond.

Superyacht owners are also treated with privacy and freedom, allowing them to beat the crowds and explore the world's blue water havens as and when they please.

The current superyacht market

Superyacht sales have boomed throughout the pandemic. According to figures in the latest edition of Boat International's Global Order Book, more than 1,200 superyachts are scheduled to be built in 2022 – a rise of 25% from last year. Currently, the total number of sales for 2022 stands at 33, with a combined value of €418m.

According to the Superyacht Group, the number of vessels delivered has grown 50% from 2020, with more than 700 superyachts sold in 2021.

The superyacht market boom is said to be a reaction to the pandemic as UHNW individuals seek ultra-private forms of transportation and accommodation, prioritising safety and hygiene.

Another factor to consider is the simultaneous advancement of technology and the fact that people can work from anywhere in the world, be it from home or the sundeck of their yacht whilst on vacation in the Bahamas.

Are there any hidden costs to owning a superyacht?

There's a range of extra costs to consider when purchasing a superyacht. Once you agree on a deal with your yacht broker, you can expect to pay around 10% of the yacht's value in annual operational costs, including crew, deck, engineering, fuel, insurance, maintenance and harbour expenses. Approximately 45% of the yearly budget is crew related, making up a large proportion of the overall costs.

Most owners choose to instruct an experienced yacht management company, such as the team at Yachting Partners International, who manage the day-to-day operations of the yacht, including crew, finance, compliance, maintenance and refits. This provides owners with worry-free yacht ownership enabling them to spend more time doing what they love.

Should I buy or charter a superyacht?

Depending on your preferences, many will vouch for owning a superyacht over chartering one. Of course, there are plenty of perks to chartering a yacht, and it's entirely down to the individual's needs and what they're looking for. For a prearranged vacation, chartering a yacht is a breeze with far less responsibility than owning a yacht.

However, nothing can beat the spontaneity and flexibility that comes with yacht ownership. You can travel on a whim with minimal notice with a bespoke itinerary tailored to your needs. The familiarity of having your own captain and crew is another perk as they can offer customised experiences based on your preferences.

Should I buy a new build yacht?

Purchasing a new build yacht is another approach to consider. The beauty of a new build means you can customise a superyacht to your style before it's even been built, meaning you can create your dream yacht and add just about anything – from helicopter landing pads to open-air cinemas.

Many billionaires have stamped their image on their vessels. Apple founder Steve Jobs created a sleek minimalist yacht reminiscent of his brand’s iconic products, while chemicals tycoon Sir Jim Ratcliffe designed an expedition-style ship that can carry helicopters and mini-subs.

However, it is worth bearing in mind that building a superyacht from scratch will invariably be more costly than buying a ready-built yacht. According to Forbes, a custom built 100-metre superyacht costs around $275 million. Additionally, custom yachts have a far longer lead-time, taking several years to design and build.

Alternatively, another popular option is a semi-custom superyacht. This allows for the best of both worlds, offering faster lead times and reduced costs, as well as the flexibility to personalise the yacht to your exact tastes and lifestyle.

Building a custom superyacht can be a superb experience when you work alongside a reputable yacht brokerage. Highly skilled agents are able to assist with all aspects of project management, including the technical and financial performance, surveys, classification, flag and technical regulatory paperwork and the delivery of the yacht.

Browse our luxury yacht sales fleet today or contact us to find your ideal superyacht.

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For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

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How Much is a Yacht?

As yachts range in size from about 33 feet at the very low end to as much as 400 feet and more, the average yacht price is not typically a good indicator of what most owners are going to pay. Based on data collected in the Boat Group market index, the average cost of a yacht in the 56′-79′ range for 2021 was $1.1 million in the US. We’ve compiled some examples below with prices gleaned from sites like Boat Trader and YachtWorld to provide a frame of reference for just how much you can expect to pay for a range of yachts based on length.

Average 40+ Foot Yacht Prices with Examples

Not everyone thinks a boat qualifies as a yacht at this size. Some people believe a yacht isn’t a yacht until it is over 60 feet but others are willing to go down as far as 33 feet. These vessels are often called cruisers rather than yachts. Yacht owners themselves even disagree here.

What you might consider a small yacht of under 40 feet would likely cost at least $200,000 to $500,000. The average price in 2021 for yachts that cut this through the middle, meaning yachts that ranged from 46 feet to 55 feet was just over $424,000. These are also considered entry level yachts for those interested in getting into the world of yachting. The average price for yachts that ranged from 36 feet to 45 feet was $213,436.

• In terms of examples, a 2005 Cruisers Yachts 420 Express that clocks in at 42 feet was going for $219,000 in 2022. 
• At the same time, a brand new 46 foot 2023 Cruisers Yacht 46 Cantius would cost $1,785,000.

As you can see, a newer yacht is definitely going to cost a lot more than an older yacht, but some older vessels do manage to hold onto their value if they have been kept in good condition over the years. Retrofits to keep up with technology and also repair or upgrade and features on the yacht can ensure the value stays competitive. 

Average 50 Foot Yacht Prices with Examples

Yachts from 50 to 60 feet may cost $500,000 to over $1 million. These larger yachts are typically not just day cruisers so a vessel of this size will have the features and capacity to keep you comfortably at sea for a few days. You should have a good sized cabin on a boat of this size and adequate features for cruising, sport fishing or more. 

• A 1993 50 foot Columbia Cutter sailing yacht came with a $129,000 price tag in 2022 which is a good deal below average but it’s also nearly 30 years old. 
• At the same time, a 55 foot 2021 Hinckley Talaria 55 MKII Flybridge had a price tag of $6,750,000 thanks to upgraded MAN 12V-1400 hp engines. So, at this size, the engines and features really can make all the difference to the tune of millions of dollars. 

Average 60 Foot Yacht Prices with Examples

At 60 feet and above we’re dealing with boats that meet nearly everyone’s definition of a yacht. By the same token, these are getting to the far end of what a typical individual owner could handle alone without a dedicated crew. Boats of this size typically have cabins to allow several guests to join you at sea, and more features to make the stay more comfortable, but the prices can start broaching the $5 million mark and higher.

• A 60 foot 2020 Cruisers Yachts Cantius went for $1.5 million in 2022 which, all things being equal, was a really good deal for a vessel that only had 380 hours of time at sea. 
• At the same time a 2019 68 foot 2019 Gunboat Highland Fling was going for $7,264,000. 

Average 70 Foot Yacht Prices with Examples

When you reach 70 feet it’s all but impossible to manage such a vessel without a crew and would probably be unsafe to try. For the cost, it’s also unlikely anyone would try. When you can afford a boat of this size, you can certainly afford to ensure she’s crewed properly. Yachts of this size will have cabins and crew quarters, likely for several guests. You may also find larger areas on the deck to entertain and relax. It’s not unreasonable for yachts of this size to reach $10 million. 

• A 77 foot 2019 Paul Mann convertible could set you back $9.6 million
• Far at the other end of the spectrum, a 1989 Maxi Maxi 72 foot Ocean Racer sailing yacht could be snagged for just shy of $130,000.

Average 80 Foot Yacht Prices with Examples

Once you reach 80 feet you absolutely must have a crewed vessel. You will likely have cabins for a good half dozen guests at this point or more. Prices for yachts of this size can easily top $10 million. The average price for yachts 80 feet and above in 2021 was $5.3 million.

• An 83 foot Versil Craft 26 yacht from 1984 can still set you back just under $250,000 at this price. 
• At the other end you can get a 2018 Merritt 86 convertible for $13,250,000. This is a custom yacht with room for 8 plus 2 crew in 5 staterooms.It features twin 2600hp MTU diesels, side thrusters, pop up TV, water purification systems, 4 heads, and much more to account for the price. 

Average 90 Foot Yacht Prices with Examples

At 90 feet we’re starting to get to the end of what people consider “normal” yachts and are encroaching on the superyacht. Not quite yet as most people consider a superyacht to be 120 feet or more, but this is definitely the outer range of yachting and really deep into the luxury type vessels. At this size you can find yachts that reach over $15 million though there are still relatively good deals to be found if you are looking for much older vessels.

• A brand new, 2024 Drettmann Bandido 100 boasts a price tag of just a few dollars shy of $16 million. 
• A 98 foot Benetti 100 from back in 1973 clocks in at a respectable $290,000.Except that it’s been completely gutted of engines and fixtures and everything so it’s basically just a hull. This goes to show just how expensive these boats truly are when you’re paying over a quarter of a million dollars for a 50 year old frame.

Average 100 Foot Yacht Prices with Examples

When you reach 100 feet even a used yacht that is a few years old will likely be over $5 million with prices for newer yachts reaching $50 million or more. Boats of this size under $1 million can be found but they are generally unfinished or gutted and in need of a retrofit. Some like a 1975 Supercraft Superyacht can be found for under $400,000 but the vessel is extremely old and a difficult sale which is why the relative bargain presents itself. 

• For an updated and ultra sleek 104 foot vessel, there’s a 2022 Gulf Craft Majesty 100 that will set you back $75 million.
• A 1990 Azimut 90 Europa that measures 101 feet has a price tag of $507,000 with the acknowledgement that it may also require some additional refits to the over 30 year old boat.

Super Yacht Prices with Examples

Above 120 feet you are now in the superyacht territory. Some would also break this down further with megayachts at 200 feet and gigayachts at 400 feet. Regardless of the size breakdown, these are massive vessels that often include very luxurious features like swimming pools, spas, tender garages, game rooms and a lot more. These must have a crew, often of dozens of people, in order to run smoothly. The yearly maintenance costs for these yachts can be staggering and sometimes can reach up to $10 million to $20 million and even more, just for the crew, fuel, yearly harbor fees, yacht insurance and additional costs. While that does seem like a lot of money, it’s somewhat tempered by the knowledge that any yacht owner who can afford a $400 million yacht can properly just as easily afford what are relatively small in comparison maintenance and upkeep costs.

• In 2022, Global Regal Yachting was offering a German built, 331-foot yacht to be built under the name Shatoosh and delivered in 42 months for a total price of $191.8 million. So you could have your own custom built mega yacht for just under $200 million, but it will take 3 and ½ years to get to you.
• On the smaller end, a 1984 Canados coming in at just 121 feet would cost you about $830,000 US. No word on the condition beyond “good.”

Is Every Yacht a Luxury Yacht?

Not every yacht on the water qualifies as a luxury yacht, despite the fact that the word yacht tends to make us think of luxury when we hear it. Part of the problem here is that the language and terminology really doesn’t have a set in stone meaning. What may be luxurious to some is not luxurious to others. But it’s safe to assume that if you have a 35 foot cruiser it will probably not be as luxurious as Jeff Bezos’ $500 million yacht or some of the other most expensive yachts in the world.

Features that tend to make a luxury yacht different from a normal yacht which can increase the price:

• Most luxury yachts are also super yachts (120 feet) or megayachts (200 feet) and even gigayachts which would be the biggest yachts in the world (400+ feet)
• A crew is needed to operate most luxury yachts
• Accommodations for multiple guests
• On board swimming pool
• Tender garage with water toys
• Jacuzzi tubs
• Dance floors/discos
• Multiple dining rooms

Because most of these features won’t exist on smaller “normal” yachts, they can cost a significantly lower amount of money. A yacht used for day cruising or sport fishing that’s 50 feet or under will not have any of this but, as we covered, can cost a fraction of what these larger and more luxurious yachts cost.

Luxury Yacht Charter Cost vs Purchase Price

For many people the prospect of buying a superyacht is quite unattainable, but there’s always the possibility of chartering a yacht. That said, a superyacht charter can still cost a large sum of money. Yacht rental costs, especially on an all inclusive yacht charter, can be steep. Some superyacht charters can cost about $150,000 per week. The world’s largest charter yacht, the Flying Fox, which was once believed to be Jeff Bezos’ yacht, charges a stunning $3.1 million per week as the yacht charter base price. That said, it’s believed the purchase price of that yacht was around $400 million as well so, arguably, chartering it is definitely cheaper if you’re just looking to get a feel for it. 

Chartered yachts come with crews who are being paid to make your stay better as well. If you own the yacht outright, you pay the crew and therefore decide everything they are going to do so there are no surprises there. 

When you charter a yacht, especially when you’re paying over $1 million per week, you can expect a crew that can provide the following services:

• Expert massage therapists and beauticians provide relaxation and associated services from massage to manicures, face masks, body treatments and hair styling as well.
• Personal trainers to assist you with workouts in the gym and around the yacht as you like.
• Trained chefs able to create unique dishes as well as recreate your custom ordered favorites at a moment’s notice. Many high end yachts will fly in ingredients if necessary. Many chefs on these yachts are the highest caliber in the world and run Michelin-starred restaurants.
• Use of that same helicopter to transport you and guests to and from the boat.
• The absolute coolest toys you can use on the water including jet skis, Flyboards, trampolines, slides and scuba diving .

Essentially a yacht charter price asks you to pay for a resort at the sea while the purchase price puts you in charge of the resort and all of the potential jobs that might come with it. For some that’s not a big deal, of course.

Sailing Yachts vs Motor Yachts

In general, expect a sailing yacht to cost less than a motor yacht, especially over the long term. Engines are a big expense on yachts so they can often take a huge chunk of your upfront price right there. Then, over time, the expense of running the yacht should be factored in as well and that’s where a motor yacht will continue to hit your wallet. The price of fuel will always add to the costs year over year, plus repairs and retrotfits. On some of the larger superyachts, fuel costs can reach well into the millions over time. 

The Bottom Line

The price of a yacht can range from under $200,000  at the low end of things with older or smaller yachts, all the way up to tens of millions of dollars. Jeff Bezos is believed to have spent $500 million on his yacht and the yacht known as the Eclipse is thought to have cost well over $1 billion.

The average yacht cost in 2021 was $1.1 million and that’s for yachts that range from 56 feet to 79 feet. Superyachts and other more luxurious vessels will cost significantly more. Just chartering a superyacht can cost millions of dollars per week, but at least then you get full VIP treatment with none of the administrative hang ups involved in running such a large and expensive vessel.

My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

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How Much Should I Pay For A Yacht?

By Robert Bowman | Posted On Dec 11, 2023 Updated On Apr 16, 2024

If you've reached the point in the process where you're considering exactly how much to pay for a yacht, then you have likely succumbed to the fact that your purchase is probably not going to be a smart financial investment. Let's face it, the moment you buy a new-to-you boat, the ancillary costs begin. Insurance, storage costs, maintenance costs, after-market equipment costs, fuel, and more begin to materialize.

1. What Classifies As A Yacht?

2. How Much Should I Pay For A Small Yacht?

3. How Much Should I Pay For A Mid-Sized Yacht?

4. How Much Should I Pay For A Large Yacht?

5. What Do Different Types Of Boats Cost?

6. What Does It Cost To Own A Yacht?

7. How To Price Your Yacht When Selling

One of the benefits of hiring a professional yacht broker is the information they can provide you ahead of time, giving you a complete picture of what to expect. They can also advise you on how much you should expect to pay for a yacht. When you hire a broker to work on your behalf, you are benefitting from all of their market knowledge gained through hundreds of transactions, along with the product knowledge of most builders and their models.

Asking how much you should pay for a yacht is a very broad question that needs to be narrowed down, as yachts may range anywhere from $20,000 up to $20 million or more. The yacht's size, power, equipment, condition, and even location, can all affect how much the sales price will be in the end. Even a boat built by the same manufacturer can have a difference of many hundreds of thousands of dollars for the same exact model based on several other factors, such as the hours on the engine or varying cabin layouts.

Before you make an offer on a yacht for sale you've found online, we highly recommend speaking with one of our professional yacht brokers that specializes in the type of boat you are interested in buying. Just the initial conversation may be enough to save you thousands of dollars in negotiations, as well as limiting any potential pitfalls.

What Classifies As A Yacht?

Ask anyone in the boating industry what classifies a boat as a yacht and you are likely to get many different answers. It's difficult to narrow down exactly what the cut-off is and what other characteristics come into play. For example, a 35-foot center-console could be a grey area. Most vessels at this size and price point would be considered a boat, however if it has substantial power, a large cabin, galley, bathroom, and other luxury amenities, it could easily fit into the yacht category.

The most commonly agreed upon size for a yacht is a minimum of 40-feet, but at some point around 100-feet in length, the vessel is commonly referred to as a superyacht. The definition of a superyacht does vary substantially, as some people refer to a 85-foot yacht as one. A superyacht becomes a megayacht at 200-feet. There are less than 6,000 privately-owned yachts worldwide that are over 100-feet.

How Much Should I Pay For A Small Yacht?

One of the great joys of owning a small yacht is that, assuming you have the necessary time at sea for the insurance companies, you can run the boat yourself. This allows for a greater level of privacy than if you have to have a fulltime captain on board. A small yacht can be defined as a boat under 65-feet, although this is a relative term to everyone's own experience and history.

It's also important to look at the current state of the yacht brokerage market. "Yacht prices are not what they were in 2021 and 2022," said Jeff Palmer , President of United Yacht Sales. "There isn't the same level of activity as there was 2 years ago, there are more price reductions happening, and you can generally get a better deal now than you could 12 months ago."

You can expect to pay between $450,000 - $500,000 for a smaller yacht on today's market between 40 and 60 feet. This is the average sold price of power boats in this range over the last 60 days (excluding sailboats). This range varied from the low end of $19,000 for an old 40-foot Chris-Craft cruiser to nearly $3.5 million for a Grand Banks Yacht. The average time the boats in this segment were on the market for sale was just under 6 months.

Examples of small yachts currently for sale:

• 2011 Sea Ray 580 Sundancer for $875,000
• 2009 Viking 50 Convertible for $1,199,000
• 2006 Meridian 459 MY for $319,000
• 2021 Valhalla V-41 for $959,000

How Much Should I Pay For A Mid-Sized Sized Yacht?

Just like the smaller boats, mid-sized yachts can also vary greatly when it comes to capabilities, reputation, accommodations, and of course, their selling price. A medium sized yacht in terms of size, would range from 60 to 80-feet in length and have a beam from 15 to 21-feet. These dimensions offer significantly more space on board for multiple bedrooms, bathrooms, and other amenities.

You can expect to pay between $1 million - $1.5 million as an average price for a mid-sized motor yacht . Again, this is the average range over the last few months in the U.S. market. These pre-owned yachts stayed available for sale just over 7 months on average. If you're buying a yacht in this range, it is highly recommended that you enlist the help of an expert, professional yacht broker as there are many potential pitfalls along the way.

Examples of mid-sized yachts currently for sale:

• 2017 Riva 76 Perseo for $3,395,000
• 2008 Hampton Endurance 700 for $1,695,000
• 1999 Horizon 64 for $457,000
• 2004 Viking 61 Convertible for $749,000

How Much Should I Pay For A Large Luxury Yacht?

Once you move into the larger yacht category over 80-feet, there any many different things to take into account. You will need a captain, a crew, a substantial slip at a marina, insurance, and more. This is where hiring a reputable, professional yacht broker is a necessity. At United Yacht Sales, we have many superyacht brokers that specialize in vessels of this size and can assist you every step of the way. Our closing team is also very experienced in dealing with bringing a yacht into the U.S. when flagged on a foreign country.

You can expect to pay between $5.5 million and $7 million, on average, for a yacht between 80 and 130-feet. That is a pretty wide gap so speaking with your broker about narrowing down your size range and price range is a must. Most of the yachts in this size range stayed on the market for about 6 months, but can be longer depending upon how big the yacht is and how expensive.

Examples of luxury yachts 80-feet+ currently for sale:

• 2019 Benetti 140 for $19,985,000
• 2012 Sunseeker 131 for $14,490,000
• 2022 Majesty 120 for $15,372,802
• 2010 Horizon 101 for $4,249,000

What Do Different Types Of Boats Cost?

The size and age of your boat do play a part in the overall price you will pay, whether new or used, by the type of yacht it is can also affect the final number. Some types of boats are more popular than others, while some require extra gear and equipment. Sportfishing boats for example generally need to come with things like a Seakeeper, extra plumbing for live-wells, outriggers, insulated fish boxes, ice chippers, and more. Just like the overall market itself has a wide range of prices, the clarity does not improve by narrowing down what type of boat you want. 

Here Are Examples Of What You Can Expect To Pay For Boats By Type: (Last 90 days)

• The average price of a motor yacht is $736,684
• The average price of a sportfishing yacht is $541,699
• The average price of a downeast boat is $360,604
• The average price of a power catamaran is $459,590

What Does It Cost To Own A Yacht?

The purchase price of your yacht is only part of the equation as your broker will help to explain. The cost to own a yacht can also be substantial and needs to be well-thought out before entering into a contract. "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt, Founder of United Yacht Sales. 

It's important that you invest in the upkeep and maintenance of your yacht after purchase. Someday you will go to sell that boat and being able to prove to the new potential owners that it was well cared for is important. We always recommend either hiring a professional captain or management company to take care of your investment. Keeping all service records and maintenance history in an organized place can mean the difference between your boat selling or sitting for several months at the dock.

How To Price Your Yacht When Selling

Coming up with the asking price when selling your yacht can be a difficult process. While you don't want to leave any money on the table by pricing too low, you also don't want your yacht sitting on the brokerage market for over a year. Less popular manufacturers, boats with a history of issues, and even the location you keep the boat can affect the cost. 

Most boat owners look on different boating websites to try and find similar boats to theirs and see what they are priced at. While looking at what's available on the current market can certainly give you an idea what you can ask for it, there are many flaws that can affect the sale. Are the boats on the market priced to sell or priced high to see what they can get? Do they have the same power and equipment? What are their damage or service histories?

Hiring a professional yacht broker to help you decide what price to sell your yacht for can take the stress out of the process. A professional broker will have access to more sold boat information than the average owner and has a network of other brokers in the industry that they can call on to get their sales history on similar boats.

ABOUT UNITED YACHT SALES

United Yacht Sales has the world's largest network of boat buyers and sellers in the industry, thanks to our team of over 250 yacht brokers in 104 different locations. Whether buying a luxury boat or selling one, we have the right expert on staff to assist you in navigating the brokerage market for your type of yacht. If you're looking at selling a boat, there is no quicker way to get activity than listing it with United. Our entire team is immediately notified every time a listing agreement is made with United Yacht Sales and many boats are sold before they ever even make it online. Our support team is among the best in the industry at marketing your yacht. 100% of our marketing budget goes towards advertising our clients' listings, a claim not many other firms can make. To get started listing your yacht, fill out our online form What's My Yacht Worth ?

Here Are Other Yacht Sales Related Articles You Be Interested In :

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How Much Does a Yacht Cost? The Average Prices and Costs of Yachts

The UK has a long, rich maritime history and, as such, the yachting industry thrives in this country. Sailing is a popular hobby or pastime for many people, and for others it’s very much a lifestyle.

If you’re in the latter category, you might be looking to buy your own and be contemplating the cost of a yacht. There’s a huge variety of vessels available – from motor yachts to a sporting yacht – and the sheer amount of choice and variety of yacht sizes can seem bewildering.  There are also a number of additional costs to consider, such as  yacht insurance . This is something we can help you with at Admiral Marine.

How Much Does a Yacht Cost? The Average Price of a Yacht in the UK

While yachts are often regarded as synonymous with luxury, in reality they come in a startling range of sizes, designs, and prices. The average cost of buying a yacht in the UK varies considerably, according to a number of factors.

Whether you’re looking to buy a used vessel or a brand-new yacht, as well as the size and type of yacht you want, will all partly determine the price you’ll pay.

Designed by Freepik https://www.freepik.com/

How Much is a Small Yacht?

At the cheaper end of the market, you should expect to pay a minimum of £10,000 for a small sailing model which will be functional but modest, with the price rising to £50,000 or more for a new, more sophisticated, motorised yacht.

If you’re looking for something more spacious with a range of additional features, mid-range yachts in the UK are often priced between £50,000 and £500,000. These boats may come with more advanced navigation equipment, refined interiors, and extra amenities. These are more suitable for experienced sailors who are prepared to spend more on their passion.

Larger, motor-driven yachts will set you back hundreds of thousands of pounds. For example, a new 50-foot yacht costs upwards of £200,000, whereas a 70-foot yacht or 100-foot yacht will set you back anywhere from £1 million to many times that sum.

How Much Does a Super Yacht Cost?

In terms of top tier yachts – or “super yachts” – these can cost millions or even tens of millions of pounds and upwards. These vessels are often enormous (ranging from 120 feet to 300 feet in length). They epitomise luxury and may have multiple decks, along with swimming pools, helipads and sophisticated entertainment facilities.

Yacht servicing and maintenance: the costs involved

While the upfront cost of buying a yacht is substantial, there are a number of supplementary fees that apply to yacht ownership. You can expect to pay between 5% and 10% of the yacht’s initial purchase price on such annual costs. Here are a few to consider:

• Insuring your yacht is essential and the price will vary according to its value, its size and its intended function. We can provide insurance for a variety vessels, including  sailing yacht insurance and motor boat insurance . Contact us now to receive a  bespoke quote .
• Maintaining your yacht. Additional costs might come in the form of engine servicing or repairs.
• Finding the right place to dock your yacht is crucial and can be expensive, particularly in popular marinas. Annual mooring fees vary considerably depending on the location and the size of the vessel.

Owning a yacht is an aspiration for many people, but it’s important to bear in mind the costs associated with buying one.

You should begin your search having already established a rough budget, the size of the vessel you’d like to purchase and what you’ll principally be using it for. Otherwise, the yacht market can seem overwhelmingly diverse, making it difficult to choose the right model for you.

What is the average price of a yacht?

The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.

What is the price of a luxury yacht?

The price of a luxury yacht depends on whether you’re looking for a high-spec sailing vessel or a “super yacht”. For the former, the price will be upwards of £1 million, while the latter could exceed £100 million.

How much does a yacht cost to rent?

The cost of renting a yacht varies enormously, depending on what sort of vessel you’re looking for. A mid-sized motorboat or sailing yacht costs around £400 – £1,600 per day, while a much larger, luxury yacht could easily cost around £10,000 per day.

Header Image Designed by Freepik https://www.freepik.com Yacht servicing and maintenance: the costs involved

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