Friday, March 26, 2010

Gay Explains the Cost of Boats

When a friend asked about how much boats like ours cost beyond inital acquisition, Gay explained it like this:

  • Take the sticker price
  • Pretty much double it because of everything you add to the boat (roughly computed as follows):
    • Anything small that is not electronic or optical (think a fender, a rope, a chart, a guide book):  Average cost per item is $100
    • Anything pretty substantial that is attached to the boat in some way (think davits, dinghy, bow thruster, generator set): Average cost per item is $10,000
    • Pretty much anything else averages $1000 per item

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