Although I don't have a trawler, I subscribed to this forum for the technical and maintenance information I might find. I have been a lurker for awhile, thought I would see if my first post comes through .. Perhaps some of you might be interested in some numbers from the 'other side of the world' A: my boat is in Spain B: my boat is a sailing catamaran, glass fibre, 42' x 20' wide, 2 x 29hp yanmar diesels. The boat was 10 years old when purchased 5 years ago. It was 1/2 the price of a new one. The boat has averaged less than 6% costs (all inclusive) per year cost 200k my expenses per year: -haul out & antifouling (2K every two years) ..1K -outside labour ..1K -sails / repairs ..0,75K -spares (filters, belts, hoses, fenders, dodger/bimini repair, bulbs etc) ..0,75K -full insurance including 3rd party (no hurricanes in the Med) ..3K -fuel ... 6 knots at 2500 rpm = 1 gal/hr. Even with diesel at $5/gal (Europe) = $1/mile or motoring 25% of the time, 1000 miles = ..0,25K -slips in other marinas while travelling 20 x $100 ..2K -slip .. 20' wide needs two slips. I was able to purchase/lease them at 20K for a period of 17 years. Then they revert back to the government, and can be re-purchased/leased for an additional 20 years. With taxes, water, electricity and marina personnel fees .. 2.5k -(even if I changed both engines every 10 years, it would only add 2K (1%) /year) So far over 5 years: maintenance: haul out, labour, sails, spares ..3.5K = 1,75% operating: insurance, fuel, slips (voyage), slip (home port) ..7,75K = 3.875% Total:..11,25K= 5.63% Conclusion: Perhaps sailboats are less expensive to maintain than trawlers Perhaps glass fibre is less expensive to maintain than wood hulls If I had purchased the boat new, the same 10,75K cost would be 3% of my purchase price If I had purchased a 'skunk' the same 10,75K would be 10% of my purchase price. So, % of purchase price is not very reliable, since some costs are more or less fixed (haul out, slip) and the more you pay for your boat, the less (%) the ownership costs will be. Perhaps a better 'yardstick' might be the cost per square ft. or even cubic foot? Peter -full insurance including 3rd party (no hurricanes in the Med) ..3K -full insurance including 3rd party (no hurricanes in the Med) ..3K trawlers-and-trawlering@lists.samurai.com> TK Allen wrote:> > Thanks for all the feedback. Much appreciated...> > > > > > > > I am still looking into putting together a detailed Cost of Ownership> > spreadsheet but the 10% rule-of-thumb is attractive because of its> > simplicity. However, there are a couple of things that concern me even with> > so simple an estimating tool. I would love to see the opinions of those> > list members with far more boating experience than I on these issues. Since> > I have so little experience, that means almost everybody! : )> > > > > > > > First, the obvious question is, "10% of what?" If you buy a new boat, the> > answer is easy - 10% of the purchase price. But what if you buy a used> > boat? If I buy a 20 year old boat, it doesn't make sense to me to use my> > purchase price for a base number. It makes more sense to me to define my> > base number as what I would pay today if I were to buy a similar boat new.> > Any> > disagreement on that assumption?> > > > > > > > Also, if 10% is a reasonable number for a NEW boat then perhaps this> > percentage should be greater if buying an OLD boat. Obviously, since this> > is such a rough estimator, it is unreasonable to put too fine a point on> > this but wouldn't it make sense to use perhaps 15% if I am looking at a 20+> > year old boat?> > > > > > > > One last thing I have seen this 10% number used to estimate maintenance> > costs. To me, that means things like haul out, bottom paint, engine> > service, etc. and, therefore, would NOT include operating expenses such as> > fuel, slip rental, etc. Am I correct or am I misinterpreting things?> > > > > > > > TK Allen> > _______________________________________________> > http://lists.samurai.com/mailman/listinfo/trawlers-and-trawlering> > > > To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.samurai.com/mailman/options/trawlers-and-trawlering> > > > Trawlers & Trawlering and T&T are trademarks of Water World> > Productions. Unauthorized use is prohibited.> _______________________________________________> http://lists.samurai.com/mailman/listinfo/trawlers-and-trawlering> > To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.samurai.com/mailman/options/trawlers-and-trawlering> > Trawlers & Trawlering and T&T are trademarks of Water World> Productions. Unauthorized use is prohibited. _________________________________________________________________ R U Ready for Windows Live Messenger Beta 8.5? Try it today! http://entertainment.sympatico.msn.ca/WindowsLiveMessenger