How much does a boat cost? 4 years of #Yacht ownership

How much does a boat cost? One of the most common questions I get asked when telling people about #boatlife Learn how I financed my boat.

My personal Cost of Yacht Ownership | My 40ft Sailboat

Description:
I wanted to help give others an idea of what the cost are for boat ownership. Thank you if you subscribe I have now owned the #boat for 4 full years and this has been my experience. Every boat is different and it is really how long is a piece of string. I also give examples of other marinas and future planed projects.

➤Products used in my videos at no extra cost to you. From my favourite Car/Boat detailing products to the oil's additives, sun downers, tools, off grid living and coffee machine. I paid my own money for them and unsponsored.

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Disclaimer.
My videos are just for fun and entertainment. The "How to" is to help with video/channel discovery. I'm simply documenting my experience of vlogging and fixing things.

00:00 #BoatTour
00:40 #I brought a yacht
01:20 #How to finance a boat
02:00 #unsecuredloan
02:20 #Buying BoatFees
03:05 #FixedFees #MooringCost
04:00 #CompairingMarinas
05:30 #engineservice
06:20 #VariedCost
07:10 #FirstYearOwnership Year 1
08:20 #AntiFouling cost
08:50 #NewElectrics
09:20 #Tools
10:40 #UVstrip
11:20 #Year2 boat ownership
12:00 #InMastFurling
12:30 #SpreyHood
13:00 #filteredwater
13:25 #solar
14:45 Year3
14:55 SolarVictronelelectrics
15:40 #RiggingCost
16:00 #GarminSailing
16:30 #boatcrash
17:10 #NewMailSail
19:40 #Overallcost

In today's video, I'm diving into one of the most frequently asked questions I encounter when sharing my #boatlife journey: How much does a boat really cost? Join me as I break down the personal expenses and revelations from my 4-year ownership of a 40ft sailboat.

Boat ownership costs can be as diverse as the open sea itself, and every vessel tells a unique financial tale. I've decided to pull back the curtain on my own experience, shedding light on the real costs of yacht ownership. From year one to year three, I share insights, challenges, and the unforeseen expenditures that come with maritime living.

The boat cost me £44,000. Finance on the boat cost me £3000. On average I have spent around £2000 a year on Maintenance and around £2000 on mooring fees. but my marina is a lot cheaper than most.

Topics Covered:

#BoatTour: A Peek Inside My 40ft Sailboat a 2002 Jeanneau Sun Odyssey
#IBroughtAYacht: Financing and Unsecured Loans
#BuyingBoatFees: Fixed Fees and Mooring Costs
#ComparingMarinas: Exploring Different Harbor Expenses
#EngineService: Maintaining the Heart of the Vessel
#FirstYearOwnership: Unveiling Year 1 Costs
#AntiFoulingCost: Protecting the Hull
#NewElectrics: Upgrading Onboard Systems
#ToolsOfTheTrade: Essential Equipment for Boat Owners
#UVStrip: A Shield Against the Elements
#Year2BoatOwnership: Reflecting on the Second Year
#InMastFurling: Sail System Upgrades
#SpreyHood: Enhancing Comfort on Deck
#FilteredWater: Sustainable Living Onboard
#SolarVictronElectrics: Harnessing the Power of the Sun
#RiggingCost: Navigating the Costs of Rigging
#GarminSailing: Investing in Navigation Technology
#BoatCrash: Dealing with the Unexpected
#NewMainsail: Replacing Essential Sails
#OverallCost: Summing Up the Total Expenses

Join me on this financial voyage through the highs and lows of boat ownership. Whether you're a seasoned sailor or dreaming of setting sail, this video offers practical insights and valuable information. Don't forget to like, subscribe, and hit the bell for more #boatlife content. Fair winds and following seas! 🌬️🌊 #YachtOwnership #SailingFinances #MaritimeLiving #BoatEconomics #SeaAdventure #BoatJourney #NavigatingCosts #SailTheBudgetSeas #BoatLifeExperiences

[JimiJo]

Unbelievably helpful video. Thank you, you actually tell us the costs involved, so many don’t even though their heading state “mooring costs” so big thumbs from me.

[MPA_]

Thanks for the very transparent insights into the financials! VERY much appreciated!

[TattoosAndGin]

Thanks for the rundown. Few people hive this very useful information. I am a couch sailor just making plans and this is helpful. Thanks!

[AbeShoots]

Thanks, I recently have gotten very interested in sailing and eventually owning my own boat so this helps a lot putting things in perspective!

[MVBazmo]

Great video mate. We have a 30ft Contest we purchased September last year. We're moving on board full time in May this year (house currently up for sale). Was good to hear your experience on costs. We will hopefully see you around. She is currently ashore in Cornwall but we're sailing her to Dorset in April.

[Robbiez-imiu]

Thank you so much for making these videos. Useful real time info. Watching from Orlando Fl .

[Spktral]

Real world UK data. Interesting too. So.. I've signed up as your 221st sub. 👍

[nodogrunner]

It does my spirit quite a lot of good to hear what people are actually paying for sailboats. I really did not think I could afford what they are asking for a boat like yours. That is a nice boat and I hope to join you in the 40 ft. range in the next few years.

[tadbarker]

Excellent information. Just what I needed to know. Thanks for doing this. Subbed. ⛵️

[AthelstanEngland]

Excellent info and nicely presented. Thank you.

[jonathandrennan]

Very interesting video. Im very keen on motorhoming and am attracted by sailing but afraid of the costs! So, much appreciated! Cheers.

[helenmiles]

976th subscriber.. :) hope that helps.. great vid. I noticed your comment, on Neil's channel. Lovely boat. Good luck towards 100 thousand subs. Keep going Mr. Well done. I was a stew' at one time. Fun times.

[Panpan]

Excellent and very helpful video, thank you.

[stevesteel]

A thoroughly insightful, informative, interesting video for anyone looking to purchase a yacht. Thank you

[shnboardman]

Fantastic video mate, we are very much thinking about selling our house and getting a 40'ish foot yacht. Fair winds

[chrisjones]

Interesting analysis of your costs. I have had my boat for 20 years and can perhaps suggest some savings.
IMHO you really dont need to service your engines every 6 months. Once per year is plenty. I have 2x 20 year old volvo 2030 and they are like new. I service them most years but not always. Have changed 2 starter motors and 1 exhaust elbow in 20 years. I Run them up under load every month. Dont let your engine idle for too long...bad for them. Dont run them flat out too often. Use Marine 16 in your fuel tank every time you add fuel..will get rid of and prevent diesel bug....which is probably what stopped your engine at the worst possible moment....great stuff works a treat!
A mainsail should last at least 10 years unless you are racing or travelling long distances in bad letting it flog when sailing! My sail is 12 years old and still in great shape. It stays on the boat all year...i just spray it with something called " wet and forget " occasionally to get rid of any green patches. I also give it a gentle jet wash each year as I haul it up in light winds on the pontoon...not so easy for you with in mast furling.
I seriously doubt you need that much battery....i have 5x100 amp lead carbon battery which can discharge to 50%. I have 600 watts of solar on my roof never have any power issues. You could use 1× eco worthy 280 amp 12v battery for 600 quìd and have more usable capacity than i have! I also trickle charge my starter batteries from my main batteries with a 40 quid votronix trickle charger on each starter battery...works great.
It is tempting to spend lots on a boat but costs can be kept a boat has been likened to standing in a cold shower tearing up 50 £ notes....it should be possible to bring that back to a cold shower tearing up 20 £ notes!

[davidtydeman]

Thank you for the video- enjoy the boat.

[kencoutts]

Thanks for the costs breakdowns, what electronic navaids and other gear did you get with the boat.
Auto pilot and any spares come with the boat
🐼🐼🏴󠁧󠁢󠁳󠁣󠁴󠁿🏴󠁧󠁢󠁳󠁣󠁴󠁿

[jimiclapton]

Great vid, thanks for sharing this info.

[franklayton]

Thanks for a great vid ! Thanks for sharing this info.