What is this second-hand boat going to cost you?
The price in a listing is not the price of a boat. This tool adds what comes afterwards: the berth, the insurance, the taxes, and putting her right — including the part you never see coming. It is calibrated on our real figures, published on the budget page.
Pre-filled at €412/m/year, our real Mediterranean rate. — but ring your own marina, the gap between two harbours can be threefold.
Over 5 years, this boat will cost you
—
- Purchase —
- Putting it right —
- 5 years of running costs —
| Every year | |
|---|---|
| Berth | — |
| Insurance ≈ 0.7% of value | — |
| Taxes and administrative fees | — |
| Annual total | — |
| Putting it right | |
| Work you can see from the start | — |
| What you did not plan for up to +60% | — |
| Range | — |
Where these figures come from
A calculator that does not say how it works is worth nothing. Here is every coefficient and where it comes from.
| Item | Rule applied | Source |
|---|---|---|
| Berth | €412/m/year by default, overridable | Real — €6,600/yr for our 16 m in the Mediterranean |
| Insurance | 0.7% of the value of the boat, minimum €250 | Real — €460 for a boat at €68,500, i.e. 0.67% |
| Taxes and administration | €25/m/year | Proportion taken from our own case (€400 for 16 m). Check against the rules where you are |
| Putting right — needs restoring | €1,700/m | Real — €27,135 of identified work on our 16 m |
| Putting right — fair / well maintained | €800 and €350/m | Estimate, scaled from the case above |
| What we had not planned for | up to +60% on the works | Lived — see the €14,000 debt |
The result is an order of magnitude, not a quotation. Two items can blow it apart and cannot be modelled: rigging that needs replacing — €15,000 in our case — and an engine that needs replacing.
Our own case, for comparison
| 1979 CNSO Mikado ketch, 16 m, needs restoring | — |
| Asking price | €68,500 |
| Work identified so far | €27,135 |
| Annual running costs | €7,460 |
| Real cost over 5 years | €132,935 |
The purchase price is 52% of the bill. We found that out afterwards. You know it beforehand.
And for the electrics, there is the other tool
Once the boat is bought, the next question is almost always the same: what battery capacity, how much solar, what cable size. That is exactly what the electrical configurator does, free during the launch phase.
And if you want to follow what a refit really costs from start to finish, it is all set out month by month in the logbook and summed up once a month in the yard letter.