Not a new member but have never posted before. I am getting close to
retiring, and would like to purchase a trawler in the 50-60 foot range.
Trying to get a handle on the costs in order to create a budget and make
sure I can do this. Would like to cruise the east coast, Bahamas and
possibly a Caribbean run or two. I already have contacted an insurance agent
so I know the costs. There would be a separate budget for maintenance and
repairs, as with fuel. We would like to be on the hook about 75 percent of
the time, and monthly dockage the rest of the time. Could someone please
give me a rough idea about the costs yearly? Is 30-40 k a realistic number
or am I too low? Are there any moorages available on the east coast for that
size boat or am I limited to transient dockage only? Thanks for your help
ahead of time! Gerald Borna
That's a real tough question to answer Gerald. I know some folks who have
lived on as little as $10K a year and others who easily spend $10K a month.
The best recommendation I can offer is to add up all of your estimated
expenses both for life in general as well as what it would cost to operate
and maintain the boat you have in mind and then multiply by 2. That should
give you enough to cover everything you need as well as a little cushion for
unexpected things such as a major repair to your boat, bad weather forcing
you to hole up at a marina for an extended period, etc. After your first
year, you will be able to tailor your budget based upon your actual
experience.
That said, I've been with my same boat for 7 years now and my total annual
expenses still vary quite wildly. Some years I do more cruising than
others. Some years we have more maintenance. Last year was heavy due to
some electronics upgrades, etc.
I'm sure others will nail down some exact figures for you, but I caution you
in terms of how much faith you place in those figures versus your actual
operation as it is virtually impossible to predict how you will fare based
upon how others have fared.
-Ryan
Not a new member but have never posted before. I am getting close to
retiring, and would like to purchase a trawler in the 50-60 foot range.
Trying to get a handle on the costs in order to create a budget and make
sure I can do this.
it's really impossible to throw numbers out there, there are too many
variables. Some people will throw the typical 10% of the purchase cost per
year but that's can be meaningless
fuel: in the 50' range, plan on 1 nmpg... see how many miles you'll run
every years and pull out your cristal ball to guess where fuel prices will
be. if you run 3000 miles a year (the typical snowbird up and down the
coast migration), figure $6000 in fuel... at the current $2 a gallons...
plan on $3 a gallons to be realistic ove the next few years, and $4 a gallon
to be safe.
add some extra for generator... that depends on the boat and how you want to
live. 3 hours of genny time a day to charge batteries, make water, etc...
3 to 4 gallons a day when you're on the hook.
Dockage is the big thing... if you're only staying at marinas 25% of the
time, then unless you spend 3 months in one place, you're not gong to get
any monthly deals and will pay full transient. Average transient dockage is
about $2 a foot... $100 a day... 90 days a years... $9000. If you spent
more time in out of the way places, your cost will go down. If you find
places with moorings and services (launch, pump out, water delivery), you
will save $$$.
Maintenance is the big unknown, that depends on the condition of the boat
and your skills. If you can do some of teh mainteance, you'll save a lot of
money compared to pyaing $90 a hour everytime something happens... if the
boat was well maintained and upgraded, you dont' have to spend as much...
and luck.
pascal
miami, fl
70 hatteras 53MY
----- Original Message -----
From: "Anne Borna" ab32@optonline.net
To: trawlers-and-trawlering@lists.samurai.com
Sent: Wednesday, June 17, 2009 9:33 AM
Subject: T&T: live aboard costs?
Not a new member but have never posted before. I am getting close to
retiring, and would like to purchase a trawler in the 50-60 foot range.
Trying to get a handle on the costs in order to create a budget and make
sure I can do this. Would like to cruise the east coast, Bahamas and
possibly a Caribbean run or two. I already have contacted an insurance
agent
so I know the costs. There would be a separate budget for maintenance and
repairs, as with fuel. We would like to be on the hook about 75 percent of
the time, and monthly dockage the rest of the time. Could someone please
give me a rough idea about the costs yearly? Is 30-40 k a realistic number
or am I too low? Are there any moorages available on the east coast for
that
size boat or am I limited to transient dockage only? Thanks for your help
ahead of time! Gerald Borna
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17:55:00
Ann:
Liveaboard costs are entirely dependent on the lifestyle that you want to live and to a lesser extent boat maintenance and fuel costs. Here are some numbers for a single, full time liveaboarder who rarely stays in marinas. My boat also gets about 5 NM/gal.
Boat Maintenance- $500/mo
Boat insurance 150
Fuel 200
Marinas/moorings 150
Food 300
Restaurants and bars 200
Booze 100
Health ins and copay 500
Travel home 200
Cell and aircard 100
Other misc 150
Add or subtract for your lifestyle and boat. Your fuel cost will be at least double and from your description your marina costs may be triple. My boat is 16 years old and something is always breaking. I do all of my own maintenance however, so the cost is mostly for parts.
David
<<if you're only staying at marinas 25% of the
time, then unless you spend 3 months in one place, you're not gong to get
any monthly deals and will pay full transient. Average transient dockage is
about $2 a foot... $100 a day... 90 days a years... $9000.>>
We've found that the great majority of marinas on the East coast have a
monthly rate that is from 9 to 15 times the daily rate, a great savings. We
almost never stay in marinas at nightly rates, but have stayed by the month
a few times. Get Skipper Bob's "Guide to Marinas along the ICW" for daily
and monthly rates for a few hundred marinas, along with a lot of other info.
About $16.
Mark Richter, Winnie the Pooh, Ortona, FL on the Okeechobee Waterway
home from the Keys