£1 Million Princess 60 - How much does it cost to buy and run this boat per year?

As well as doing a Princess 60 full boat tour, James explains the cost of buying and running this £1,150,000 2016 Princess 60

See full details of the Princess 60 here:

Every cost is broken down.

Princess 60 cost of ownership

Insurance

Fuel

Maintenance.

Have you ever wondered how much a 60 foot boat really costs to run? Well now you can find out!

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0:00 - Intro
0:21 - Transom
1:15 - Cockpit
2:17 - Saloon
3:54 - Galley
5:01 - Lower helm
7:15 - Master cabin
9:38 - VIP cabin
10:22 - Starboard cabin
11:05 - Flybridge
13:23 - Engine room
14:40 - Crew cabin
15:37 - Summary & costs

[chrisoleary]

These vids are absolutely great. Especially considering it's an opinion from a boat marketing industry professional. Anyone in the market for motor yachts will Love it! Thanks!

[tripsteregypt]

Of all the people who review boats online, you are by far the most honest and critical. Helps that you're hilarious as well. Keep it up.

[captaindave]

Unfortunately in the real world the depreciation is far greater than that, I was the skipper of a brand new Princess 65 flybridge yacht which cost us £1.1m and it arrived from the factory with 168 faults which took princess 3 years to put right. At the end of 3 years the boat was perfect and we sold her for £550, 000. The owner had about 60 nights on board in all that time.
They really are a huge hole in the water to throw your money into, but fabulous fun.

[ijoseluis]

Again a demonstration that honesty is the best policy.
This exercise shows your integrity.
Thank you.

[philself]

"This is a straight line curve" Priceless - keep the vids coming

[PercyCot]

Love all the information, presented in a very likeable manner! For a man who lives the furthest from the water in Northants I love to see all of your content, keep up the great work 👍🏼👏🏼👏🏼👏🏼

[mareewalker]

This 60 and the 56 are by a absolute country mile the best value on the market for a family owner run boat! When you look at today's new boat prices this 60 and 56 are an absolute bargain! Both have kitchen and separate dianette plus a large saloon without it used as dinning like newer models that don't have a separate dianette seating! 3 great sized cabins beautifully crafted fast top speed if needed and fantastic outdoor space for summer! You can get into almost every marina! A lot of people don't realize A lot of marinas won't accept any boat over 60 feet! Princess boats don't age in the looks they are modern and elegant and timeless! Great video happy sailing all!! 🛥⚓and God bless all 🙏❤

[peterbrameld]

Really interesting, very well presented and easy to understand. Thank you James!

[johnhunter]

Lovely boat James. The tour was as indepth as always. The salon is very spacious but the flybridge is awesome. The highlight of the tour was the breakdown of costing. Very seldom talked about, (almost never). Appreciate the info and tour, Thanks.
Cheers

[cstwong]

Love all your videos. No BS and straight to the point. Thank you.

[MrDLYouTube]

Just stumbled across this channel/video. Never seen a walk-though of a boat where a "floss-test" is done. I'm sold. Subbed. Also you are very funny and enjoyable to watch and listen too. Keep it up. :)

[SISTIC]

Really grateful for showing us running costs, definitely rules me out of “ever” owning a boat of this stature, unless I win the lottery.

[johningham]

Another informative tour James as always, it was both humorous and serious floss test and "shout" Windows included! It was nice of you to include the full cost of running a boat, not often seen by other yacht brokers James, must be a "first!"

[thepathtomaine]

Probably one of the most entertaining and yacht broker videos I’ve seen. Good job

[Superdada]

Love your tours. Not sure why I just now got recommended this video 2 years late, but nonetheless glad I did.

Beautiful boat.

[gomezadams]

Great Video and Great job explaining some of the costs, which I should point out are subjective. Obviously the fuel costs you mentioned would vary depending on how much cruising one does in a year. If you pay cash which I'm sure some people can do, then the financing and interest normally attached to it would be void. In North America as I am then berthing could be cheaper depending on the location and the Marina. Again some people might be berthing their yacht at their home which is located on the water front. Insurance I assume would also depend on whether you are a seasoned boater or new to the market. Having said all that I did like the fact that you gave your best attempt to make people more aware what the costs of ownership really are.
Some things which I always look for which I think you didn't mention is; What is the beam length? What size is the black water and fresh water tanks. What is the cost of pumping out the black water tank? Thanks

[rbbyrb]

Great video. Ive never seen a video talking about the costs in such detail. We all hear the silly figures of superyachts, so to see figures for 60ft boats is realistic. Out of interest, what is the ratio of your customers who buy in cash vs finance to purchase a typical 60ft Princess?

[craiggibson]

Thank you so much, really good video and answered a lot of questions for me personally.
Like a lot of posters here are saying “if I had the money, I would buy a boat from you” you are searing honest 😀

[stevenwilsondrummer]

Another top video James! I have to admit I’ve become addicted to your videos! Superb socks this time! I don’t think this would fit in Tollesbury Marina. All I need is a Riva Aquarama. That’ll do me!

[robbief]

Can’t believe I’ve only just found this channel…. So glad I did! Been looking for a comprehensive view on costs of one of these boats for ages! So the 8-10% of boat value, which a lot of people mention seems true in this case. Here’s a question, which boats generally have the lowest % (of total value) running cost