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Average Cost For A Speed Boat: (15 Examples)
Buying a boat is always an exciting venture. Add in the sleek, attention-grabbing luxury of a speedboat, and the prospect becomes even more appealing.
The main hurdle for the average adventurer is the cost, which can average around $20,000-$60,000 or more depending on size and age.
Just what is the average cost for a speed boat? In this roundup, we’ll provide you with enough examples to allow you to craft your budget.
Table of Contents
What Defines A Speed Boat?
The immediate and obvious answer would be speed, but the criteria are slightly more complex than that. The term refers to a small boat (typically less than 60 feet long) that’s driven by a powerful engine.
Also, if you are interested in average prices of pontoon boats, check out our article Average Cost For A Pontoon Boat: (15 Examples)
Inboard Vs. Outboard
While there are several different classifications (see the table below), speedboats come in two basic types: outboard and inboard.
As the name suggests, outboard motors are situated outside the boat, usually behind the stern, while inboard engines are placed within the hull.
In general, smaller speedboats (sometimes referred to as “motorboats”) will feature an outboard design, while the larger units with cabins are inboard models.
For example, cruisers (see the table below for more details) are usually equipped with inboard motors, and are classified as speed boats only because they’re not quite large enough to be considered yachts.
Because of their configuration, outboard engines are easier to service. They’re also more convenient, in that they can be lifted entirely out of the water. By contrast, inboard engines are more difficult to access, but they provide a quieter ride.
For a more detailed description of the difference between inboard and outboard motors, take a look at this YouTube tutorial.
Speed Boat Classifications
Before we start talking about prices, you should understand the difference between the various types of powerboats available. Here’s the lowdown on some of the most common ones.
Also, if you are interested in Pontoon Boat costs, check out our article titled Average Cost For A Pontoon Boat: (15 Examples)
Bowrider | 16-30 ft | Either | Tubing, fishing |
Bay Boat | 18-24 ft | Outboard | Fishing |
Bass Boat | 14-20 ft | Outboard | Fishing |
Center Console | 15-45 ft | Mostly outboard | Pleasure cruising |
Cruiser | 20-45 ft | Mostly inboard | Multi-day excursions |
Deck Boat | 25-35 ft | Mostly outboard | Swimming, water sports |
High-Performance Boat | 25-60 ft | Mostly outboard | Racing |
Important Considerations
Here are a few of the questions you should ask yourself before deciding what type of speed boat to buy:
- Will you be using your boat primarily on lakes or on the ocean?
- How many passengers will you be carrying?
- Do you want to be able to stay on the boat overnight?
- Are you hoping to use your boat for fishing, water sports, or just general exploration?
- Are you an experienced boater or a first-timer?
- Will you ever be operating your boat alone, or do you plan to have company each time you take it out?
- How much can you afford to spend?
The Average Cost For A Speed Boat
To help you get a grasp on the current market, let’s take a look at some of the most popular current speed boat models.
As a rule of thumb, you can expect to spend less on a speed boat that’s designed primarily for fishing or water sports. These typically start at around $20,000, but used models can be found for slightly less.
High-performance speed boats, on the other hand, are much more expensive. As you can see from the table below, these impressive models can run upwards of a million dollars—sometimes several million, if you’re willing to go that far. We’ve included these to illustrate the vast range of options available, but fortunately, you don’t have to be a millionaire in order to own a regular speed boat.
Bayliner 170 | 2017 | $18,000 | 17 ft 6 in | Outboard |
G3 Boats Bay 18 | 2019 | $23,500 | 18 ft | Outboard |
Ranger Z175 | 2017 | $26,000 | 17 ft 6 in | Outboard |
Bayliner VR5 | 2017 | $27,000 | 20 ft 4 in | Inboard |
G3 Boats Bay 20 | 2019 | $27,500 | 20 ft | Outboard |
Chaparral Boats 210 Suncoast | 2018 | $39,000 | 20 ft, 10 in | Outboard |
G3 Boats Bay 22 DLX | 2019 | $43,000 | 22 ft | Outboard |
Chapparal Boats 223 Vortex VR | 2018 | $45,000 | 22 ft, 3 in | Inboard |
Chaparral Boats 227 SSX | 2018 | $51,000 | 23 ft | Outboard |
Sea Ray SLX 250 | 2018 | $90,000 | 25 ft 6 in | Inboard |
MasterCraft X-Star | 2020 | $200,000 | 23 ft | Inboard |
Sea Ray Sundancer 320 | 2018 | $210,000 | 34 ft 11 in | Both options available |
MTI-V42 | 2016 | $585,000 | 42 ft | Outboard |
Mercedes-AMG Marauder | 2018 | 1,200,000 | 50 ft | Outboard |
Midnight Express Pied-a-Mer | 2017 | $1,600,000 | 60 ft | Both options available |
Satellite Costs
Of course, once the ink is dry on your sales agreement, you’ll still have to account for a few sundry expenses. These may include—but are not limited to—the following:
- Boat trailer —You’ll need a way to transport your new craft to your chosen body of water
- Fuel costs —Boat engines run off gasoline, just as car engines do, so this needs to be factored into your annual expenses
- Insurance —While this is only required in a handful of states, it’s always a good idea to have backup in case of an accident
- Mooring costs —This might not be an issue for smaller crafts, but if you’re planning on leaving your boat in the water for the entire season, you should research local pricing in advance
- Storage fees —Unless you live in a warm climate, you’ll need to think about where to store your boat during the cooler months
Your total annual costs will vary, depending on the size of your boat and how you choose to store and transport it.
The price of moorings depends on size and location, usually falling within the $4,000 to $12,000 range for a single year.
Because of this broad price range, you might want to research the marinas in your area to get an idea of how much you can expect to spend.
If you choose to invest in a boat trailer instead, you won’t have to worry about docking fees.
They also have a narrower cost range—you can expect to spend between $2,500 and $5,000 on a boat trailer.
This is typically a less expensive option, as it’s a one-time purchase. However, bear in mind that you’ll be responsible for towing the boat whenever you want to take it out, which can be a hassle, especially with larger crafts.
Finally, remember that speed boats burn through fuel much more quickly than cars do—about 25 gallons per hour, on average.
Assuming that gas costs $2 per gallon (a conservative estimate), this means that a four-hour outing would cost about $200. If you take your boat out about once a week for 20 weeks out of the year, you’ll spend at least $4,000 on fuel alone.
Size Matters
As you can see, smaller speed boats are generally less expensive than their larger counterparts. Storage and fuel costs will be lower, too, which translates into greater exponential savings for as long as you own the boat.
Obviously, this isn’t a hard and fast rule (models from high-end manufacturers and cutting-edge performance boats will cost more, no matter what their size), but if you’re looking for a bargain, you might want to think small.
In Conclusion
Owning a boat is a costly business, but you don’t have to be wealthy in order to make it happen.
The key to any successful purchase is knowledge. If you research the different types of speed boats and make an informed decision about which one would best suit your lifestyle, your investment is bound to pay off in the long run.
Good luck in your search, and may you encounter smooth waters ahead!
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Check out our article on: Average Cost For A Pontoon Boat: (15 Examples)
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How Much Does a Speed Boat Cost? (10 Popular Examples)
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Speed boats come in a variety of shapes and sizes, different performance characteristics, and other extra options. If you are in the market looking for an appropriate speed boat with the performance and aesthetics that fit your needs, where would you start and how much does a speed boat cost exactly?
We will discuss how much speed boats cost and not necessarily just the upfront cost but including the hidden costs as well. Plus there will be a list of the 10 most popular speed boats out there to give some examples.
What is a Speed Boat?
A speed boat is a type of boat designed for high speed hence the name. Mainly used for fishing, cruising, and water sports, and come in lengths of around 15 to 30 feet. Powered by either a sterndrive or outboard motor, these boats can output massive amounts of power enough to propel their heft at a high speed.
In short, if speed and performance are what you are looking for, then look no further because a speed boat is exactly designed with that purpose in mind.
That said if you are looking for one, it begs the question of how much does a speed boat cost, right?
On Average, How Much Do Speed Boats Cost
With many different types of speed boats and different brand name manufacturers out there, speed boat prices actually vary quite widely. The most important consideration being inboard vs outboard motors , which will be discussed later on in this guide, as this factor alone can greatly influence the cost of a speed boat.
You can get a speed boat for as little as $20,000 for a low-end base model, but if you are willing to spend a huge sum for a top-end inboard motor speed boat it could cost you up to $4,000,000 and that’s a lot of zeroes.
But on average for the budget segment, a $100,000 one should be appropriate enough for most use case scenarios.
What are the Price Ranges for Different Types of Speed Boats?
Although prices vary from minor types of speed boats. Examples of these minor types would be Bowriders, Trawlers, Bay Boats, Bass Boats , Deck Boats, Cruisers, and high-performance boats. The major factor in driving their respective price ranges would be the availability of an inboard or outboard motor.
For inboard motor speed boats, a rough price range would be around the $27,000 mark all the way up to the $1,600,000 mark.
Outboard motors on the other hand start as low as $18,000 and climbing up to a similar price of top-end outboard motor-type speed boats, but mostly for luxury and aesthetics.
Generally, with the same power and performance characteristics, an inboard motor will always be more expensive compared to an outboard one.
Factors Driving the Cost
As you read through this guide, you'll start asking yourself as to why do speed boats cost the way they do and is a million-dollar boat really that much better than a $20,000 one?
One of the primary factors driving speed boat cost is size. naturally, a bigger boat will need larger more powerful motors and more material and thus will be more expensive than a smaller speed boat with lighter weight and lesser power requirements.
The motor type is another consideration not to be taken lightly as not only does it affect cost but also the potential performance and overall useability of your speed boat.
With regards to most speed boats, the options usually are just inboard vs outboard motors. A special type of motor called sterndrives does exist, but these are quite exceptional and also quite expensive.
For most speed boats though outboard motors are usually the more affordable choice for the same amount of power output compared to inboard motors which are more often than not the more expensive choice. Do keep in mind that cost isn’t the only thing where these motors differ, and this will be discussed in a later part of this guide.
Luxury Options
Boat manufacturers love to take care of their customers and really tailor-make their boats to fit your wants and needs. That said high-end speed boats have special luxury options such as leather seats, extra navigational electronics, heated seats, and wooden floors. If you want the boat of your dreams, chances are a boat manufacturer has your back, provided you have the financial capacity to pay for it.
In short the simpler your boat is the cheaper it is, and the more features packed into it, the more expensive.
Fees and Taxes
Now this differs from place to place, so do check your local regulations regarding speed boats. Licenses and fees are usually flat costs and to some extent are affected by the size and power output of your speed boat. Taxes, on the other hand, are mostly percentage-based, and scales quite quickly as your boat’s price goes up.
Most Popular Speed Boats
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Here is a shortlist of popular speed boats, their sizes, and price.
1. Chaparral Boats 210 Suncoast
This is a 20-foot 10-inch outboard motor speed boat and costs around $39,000.
2. Chaparral Boats 223 Vortex VR
Another boat straight from Chaparral, the Vortex VR is a 22-foot 3-inch inboard motor speed boat and costs around $45,000.
3. G3 Boats Bay 22 DLX
The Bay 22 DLX from G3 Boats is a 22-foot outboard motor speed boat and costs around $43,000.
4. Chaparral Boats 227 SSX
The 227 SSX from Chaparral Boats is a 23-foot outboard motor speed boat and costs around $51,000.
5. Bayliner VR5
The Bayliner VR5 is a 20-foot 4-inch inboard motor speed boat and costs around $27,000.
6. Sea Ray SLX 250
The SLX 250 from Sea Ray is a 25-foot 6-inch inboard motor speed boat and costs around $90,000.
7. G3 Boats Bay 18
The Bay 18 from G3 boats is an 18-foot outboard motor speed boat and costs around $23,500.
8. Ranger Z175
The Ranger Z175 is a 17-foot 6-inch outboard motor speed boat and costs around $26,000.
9. G3 Boats Bay 20
Another offering from G3 Boats the Bay 20 is a 20-foot outboard motor speed boat and costs around $27,500.
10. Bayliner 170
The Bayliner 170 is a 17-foot 6-inch outboard motor speed boat and costs around $18,000.
How Much Does it Cost to Maintain and Run a Speed Boat Annually?
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Trailer Costs
In order to actually use your boat on different bodies of water, you’re going to need some method of transporting it, and the boat trailer is an upfront cost you need to pay for to enjoy the boat, plus any other licenses and fees needed for driving the trailer. You'll also want to make sure your boat trailer is secure from thieves .
This costs somewhere around $700 to over $4000.
Marine gas is a bit of a premium compared to car gas, plus the larger and the more powerful your boat, the more fuel you’re going to need for each trip.
On average this should be roughly $400 an hour for a 150 hp engine operating nonstop.
This comes as a percentage cost of your boat and is a recurring fee. Check out how much pontoon boat insurance costs for an idea.
Mooring Costs
Assuming you’re going to dock your boat and keep it on the water for extended periods of time, you’re going to have to consider these costs. This ranges from $80-$250 per year for annual mooring rates.
Storage Costs
You could also keep it in your garage, but if you’d prefer renting out a storage area, then it should cost you $160-$290 per month.
Maintenance Costs
Cleaning your boat, plus checks for damage, scuffed paint, oil changes, and spare parts, these costs vary from boat to boat, but should roughly equate to 10% of the boat’s cost annually.
Inboard vs Outboard
Inboard motors as the name suggests are housed within the speed boat, keeping it away from the elements and any potential external damage, but at the cost of some internal space and the ease of maintenance. They also happen to cost more and they come together with the boat during construction.
Outboard motors on the other hand are external motors attached to your boat. This means that they are easily serviceable and replaceable plus maintenance is significantly easier along with some space gains as outboard motors tend to be smaller not to mention more affordable than inboard motors.
A speed boat is quite a versatile vessel and as such it has a ton of variety in its monetary value. That said the upfront cost of a speed boat should not be the only thing that you should consider as there is also a sizeable amount of hidden costs associated with owning a speed boat.
In summary, consider the speed boat that fits your budget, and add another 50% to that cost to ensure that you will be able to cover all costs associated with the speed boat for a few years.
Now you know how much does a speed boat cost in total.
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Average SpeedBoat Costs: 15 Helpful Examples (With Real Info)
Unlike normal boats used by most people, speedboats are another category specifically focused on “speed.” Not only in terms of speed, but they are also very hugely detached from each other in terms of cost. We will now see how much does speedboats cost in general.
On average, a speedboat can cost around $350,000. But the price may vary from as low as $100,000 or low to as high as $4,000,000 or more depending on the model, amenities, speed, and the make you are looking for. Also, the price drastically depends on the “BRAND” rather than just the “SPEED.”
On average, even a used speedboat can cost you around $200,000. But the price may vary from as low as around $40,000 to as high as $1,000,000 or more depending on the model, year, make, and the speed you are looking for.
SPEEDBOAT – By conventional standards, a high-performance boat is one that tops 60 mph. That’s where the high-performance world begins. They can take the form of a V-bottom or a catamaran. But many of the models available in the market today easily hit 80+ mph. Boat Trader
High-performance boats, also known as go-fast boats, racing boats, cigarette boats, powerboats, etc., are speedboats used in racing, recreational, luxury, law enforcement, and many other applications. Here’s a detailed table showing the prices of some of the popular speedboats available in the market, along with their top speeds.
Cigarette 59 Tirranna | $3,590,000 | 82 mph |
Skater 40SS Powerboat | $899,950 | 147 mph |
Fountain 43 NX Powerboat | $856,900 | 72 mph |
MTI 340X Cat | $550,900 | 115 mph |
DCB M35 | $789,950 | 170 mph |
Eliminator 255 SPEEDSTER | $219,900 | 90+ mph |
Mystic Powerboats M4200 | $829,800 | 100+ mph |
Cigarette 50 Marauder | $1,200,000 | 135 mph |
Midnight Express 60 Pied-a-Mer | $1,600,000 | 135 mph |
Cigarette 42 Auroris | $3,000,000+ | 85 mph |
Fountain 39 NX Powerboat | $565,200+ | 80 mph |
MTI 42 V | $599,999 | 70 mph |
DCB M33R | $445,500 | 110 mph |
Mystic Powerboats M3800 | $624,500 | 84 mph |
Midnight Express 43′ Open | $895,000 | 100 mph |
Those are the average values. Depending on the engine and how customized you want the boat, the prices can fluctuate a little or more. That being said, we will now see about some of the popular brands in a detailed way.
I have contacted some of the speedboat companies and got a few replies back. Some of the speedboat prices shown below are based on that.
![speed yacht cost](https://boatingvalley.com/wp-content/uploads/2021/05/big-speedboat-2-1.jpg)
How Much Does Cigarette Boats Cost?
On average, a Cigarette Boat can cost you around $700,000. But the price may vary from as low as around $400,000 for a base model to as high as $3,000,000 or more depending on the model, amenities, and the speed you are looking for. Also, the price varies drastically based on the power needed.
If you are looking into these cigarette boats, you prepare yourself to expect to spend not below or around $400,000 for an entry-level boat due to their brand recognition. Cigarette boats can often reach speeds of 90+ mph, depending upon the type of engine utilized.
No doubt that Cigarette the name of a performance boat builder that became a synonym or represents the entire market segment. Don Aronow founded the cigarette brand in the early 1960s. And it has shown amazing stamina even though it has changed ownership several times over the years.
The term “cigarette boat” has become a nickname for particularly go-fast V-bottom boats in the industry due to their long, cigarette-like appearance. With their slender hull and high-horsepower engines, these boats are iconic looking and impressively fast.
Check out this short video on Cigarette AMG Tirranna 59 Racing Boat to understand the brand.
How Much Does Skater Powerboats Cost?
On average, a Skater Powerboat can cost you around $500,000. But the price may vary from as low as around $300,000 for a base model to as high as Millions depending on the model, amenities, and the speed you are looking for.
Our cheapest model is a Skater 28 powered by twin Mercury 300 R’s. It is about $280,000, depending on the options. Skater Boats
Skater Boats are the Number One builder of high-performance catamarans in the world has been in business for 40 years. If you’ve got a need for speed, you don’t need to look any further than Skater brand racing boats. But you need to be very careful because going that fast, things happen quickly.
With maximum speeds of approximately 175 MPH, the Skater 46 Pleasure is one of the fastest motorboats available today. If you are looking into these Skater Powerboats, you prepare yourself to expect to spend not below or around $300,000 for an entry-level boat.
Skater 28 would be a great boat to start out learning how to drive and throttle a cat if you aren’t familiar with speedboats. The Skater 28 flat deck has plenty of room for five people, and the powerful outboards can push the boat to speeds upwards of 110 mph.
How Much Does Fountain Powerboats Cost?
On average, a Fountain Powerboat can cost you around $350,000. But the price may vary from as low as around $280,000 for a base model to as high as Millions depending on the model, amenities, and the speed you are looking for.
If center consoles are your thing, no other brands can beat Fountain Powerboats because they are manufacturers of center console boats and powerboats capable of speeds up to 110 mph when paired with high-horsepower engines. Fountain Powerboats has some of the most iconic high-performance models.
Center-consoles offered a lot more deck space and seating options. They could be used for fishing, poker runs, or just going out to cowboy around, etc. Making the utility of the center console began to emerge as a useful alternative to the typical offshore V-bottom.
The current APBA Unlimited V-bottom kilo record, set in 2014 on the Pamlico River by an Outerlimits SV 43 powered by twin Mercury Racing 1650 hp engines, stands at 180.464 mph . Fountain Powerboats
So, if offshore and fishing is your thing, Fountain Powerboats one of the top builders, high speeds and extra storages are perfect for offshore.
How Much Does MTI Boats Cost?
On average, a Marine Technology Inc (MTI) boat can cost you around $800,000. But the price may vary from as low as around $550,000 for a base model to as high as $2,500,000 or more depending on the model, amenities, and the speed you are looking for.
If you are looking into these Marine Technology Inc (MTI) boats , you prepare yourself to expect to spend not below or around $450,000 for an entry-level boat due to their brand recognition and speed. Their boats became so fast that MTI had to scale down their speeds.
Marine Technology Inc. is an award-winning manufacturer of performance powerboats based out of Wentzville, MO. For high-performance offshore catamarans, the industry leaders are Marine Technology Inc and Skater Powerboats.
Their center console, open cockpit, and outboard-powered catamarans are some of the best quality go-fast boats on the market and have won numerous championships worldwide. Their boats became so fast that MTI had to scale down their speeds to more reasonable levels for the average customer (if you count 150 mph as reasonable).
How Much Does DCB Racing Boats Cost?
On average, a Daves Custom Boats (DCB) can cost you around $700,000. But the price may vary from as low as around $500,000 for a base model to as high as Millions depending on the model, amenities, and the speed you are looking for.
While most performance-boat manufacturers have turned to build center-consoles to keep their doors open, DBC Performance Boats is still turning out high-performance catamarans to customers across the country, which has probably the most impeccable rigging you’ll ever find on a boat.
DCB Racing has been working for over two decades to build hotrod catamaran boats and is coveted for their rigging, dock appeal, and eye-watering speeds. Their 35’ catamaran model reports top speeds of 159 mph, running from 50 to 100 mph in under 11 seconds. DCB’s boats are perfect for inland waterways
Rigging on all DCB Racing boats is immaculate, with most hoses and electrical wires hidden from view. The M35 has an estimated top speed of 170 mph. An entry-level for DavesCustom Boats are no less than or around $500,000. You may get one for less than that if your timing of the purchase is correct.
Check this video on DCB M35XL reaching 175 Mph. The custom-built boat has twin 1350hp Mercury Racing engines, Mercury M8 Drives, Herring Props, plus so much more.
How Much Does Eliminator Boats Cost?
On average, an Eliminator Boat can cost you around $350,000. But the price may vary from as low as around $200,000 for a base model to as high as up to $1,000,000 depending on the model, amenities, and the speed you are looking for.
Eliminator Boats of Mira Loma, CA, is a custom manufacturer of high-speed catamarans and V-bottom powerboats. An entry-level Eliminator Boat is Eliminator 255 Speedster, which costs around $219,000. If you are into catamarans and speed, eliminator boats are a good choice.
Speed, style, elegance, and performance… Just a few words that come to mind when describing the Eliminator Speedster line. Quick, look fast; you might just miss it! Featuring low profile seating, a full wrap-around windscreen, and lines that will make your last boat jealous. The Eliminator Speedster will be sure to get you where you need to be fast and look good doing it. Eliminator Boats
Eliminator was one of the early pioneers of catamarans, and their current models can reach speeds of 150 mph, with a top recorded speed of 170 mph. They come preinstalled with high-quality materials, stereo, ice chests, dining tables, foot showers, and many more features that make Eliminator a favorite brand.
How Much Does Mystic Powerboats Cost?
On average, a Mystic Powerboat can cost you around $800,000. But the price may vary from as low as around $500,000 for a base model to as high as up to $1,500,000 or more depending on the model, amenities, and the speed you are looking for.
The entry-level mystic power boats start at $500,000. Mystic3800 Boat starts at $500,000 and goes up to about $750,000 on this model. Mystic Powerboats is a manufacturer of the luxury, high-performance center console and catamaran boats. If looking for speed, Mystic can provide that.
We have built our company throughout the years on a foundation of speed, technology, and luxury. It is with this dedication that every day, we pursue building our heritage one boat at a time. John Cosker
In 2017 they shattered the current speed record with their 51 foot ‘American Ethanol’ catamaran at a screaming 200 mph and still hold the record for the fastest offshore catamaran speed at 244 mph. Mystic provides technologically advanced luxury boats for those looking for unmatched performance.
How Much Does Midnight Express Boats Cost?
On average, a Midnight Express boat can cost you around $1,000,000. But the price may vary from as low as around $350,000 for a base model to as high as $2,000,000 or more depending on the model, amenities, and the speed you are looking for.
Midnight Boats are known throughout the world for being tough and able to handle rough water conditions. The United States government and many foreign governments use (trust) Midnight Express to protect their coasts and waterways, no matter what the sea conditions.
Midnight Express boats are one of the best-built, highest-performing powerboats in the marine industry. Even if you are looking at used midnight boats 2015 and above made, you may hardly find a boat less than or around $300,000.
Midnight Express is a very slender boat, which makes it good for going quickly, but not so great for fishing stability. Yellowfin, Contender, Invincible, Seaver, or Fountain would suit well for a fishing purpose much better.
Check this video on Midnight Express 60′ Pied-A-Mer made its debut at the 2018 Fort Lauderdale International Boat Show. With quad outboards and 60 feet of LOA, this center console is out to shatter expectations.
The Key Takeaways From The Post
High-performance boats, also known as go-fast boats, racing boats, cigarette boats, powerboats, etc., are speedboats used in racing, recreational, luxury, law enforcement, and many other applications. By conventional standards, a high-performance boat is one that tops 60 mph. But many of the models in the market today easily hit 80+ mph.
A speedboat can cost around $350,000 on average. But depending on the model, amenities, speed, and the make you are looking for, the price may vary from as low as $100,000 or low to as high as $4,000,000 or more. Also, the price drastically depends on the “BRAND” rather than just the “SPEED.”
If you are on a tight budget, you can look for used ones, which would cost significantly less than the newer ones. However, if you are looking for midnight express or some other bigger brands, you may have to spend hundreds of thousands of dollars if you want a bit newer models rather than older ones.
If you’re looking at center consoles, you’re in luck. There are a ton of builders of go-fast center consoles, many of which are mentioned above. If you’re looking for more options, consider Sunsation, Statement Marine, Sonic Powerboats, Nor-Tech, Deep Impact, which started out making only offshore catamarans.
My name is Mahidhar, and I am passionate about boating. Every day I learn some new things about boats and share them here on the site.
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Speed Boat Cost Guide by Boat Type
By Matt Claiborne
High-Performance Speed Boats for Racing
Cigarette boats and racing catamarans.
Racing boats, whether monohulls or catamarans, hit exhilarating speeds, with cats topping 100 mph. Many of these boats are known collectively as “Cigarette” boats, but in truth, Cigarette is a name brand. New ones are typically around $1 million or more
Drag Boats and Record-Setting Jet Boats
Boats in this class are one-off designs, usually powered by turbine engines—basically floating jet planes! You can pick them up on the used market for under $1 million, in some cases as low as $345,000.
Other Types of Fast Speed Boats
Ski boats are speed boats that are designed for fun on the water. They are generally small (between 16 and 27 feet long) and quite fast. Their cost can be anywhere from $30,000 to over $150,000.
Offshore Fishing Boats
For offshore adventures, nothing beats the utility of the center console. Center console fishing boats are go-fast outboard-powered boats that come in any size you would like. Most range from 17 to 45 feet or more.
Express Cruisers
If you like the idea of a fast speedboat, but you’re also into luxury, you likely would be interested in an express cruiser. The price depends on its size and brand name. The premium name in this type of boat is Sea Ray.
Bass boats are typically lightweight and powered by a single outboard. The Ranger Z521L Comanche can cruise at a tear-jerking 70-plus mph. Their advertised national price is $86,295 in 2021.
Pontoon Boat
Pontoon speed boats are typically powered by a single outboard, and due to their lightweight design, they can be very fast. If you want to buy it, it could be yours for $229,000.
Jet boats are very fast thanks to their jet drives and lightweight. The biggest jet boat is the Yamaha 275SD, which can tip its speedometer past 50 mph. The average price is $141,899.
5 Other Cost of Speed Boats
Maintenance
Storage Fees
Trailer and Trailer Maintenance and Storage
Speed Boat Cost Guide
The fastest catamarans.
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How Much Does a Speed Boat Cost? (Price Chart)
![speed yacht cost How Much Does a Speed Boat Cost](https://www.boatdriving.org/wp-content/uploads/2022/01/How-Much-Does-a-Speed-Boat-Cost-1.jpg)
A speed boat (motorboat, powerboat) is a high-speed boat thanks to its inboard or outboard power engine. Its V-shaped hull and deck shape are always aerodynamic to increase speed by reducing wind resistance. Even fiberglass used for the hull is a light material that makes it easier for the boat to reach high speeds .
However, the overall speed boat design will significantly vary, depending on its purpose. Nowadays, you can find over thirty different motorboat types and numerous marks, affecting how much does a speed boat cost. Thanks to the available selection, you can effortlessly find the model that suits your taste and budget.
Table of Contents
What Is a Speed Boat?
How much does a speed boat cost, speed boat ownership costs.
![speed yacht cost What Is a Speed Boat](https://www.boatdriving.org/wp-content/uploads/2022/01/What-Is-a-Speed-Boat.jpeg)
Most people consider the terms motorboat, powerboat, and speed boat the same. It is and is not entirely true.
A motorboat is any vessel driven by an engine, while a speed boat (powerboat) is a speed motorboat variation. It is designed for racing and waterskiing and typically is not suitable for more than eight people.
![speed yacht cost How Much Does a Speed Boat Cost](https://www.boatdriving.org/wp-content/uploads/2022/01/How-Much-Does-a-Speed-Boat-Cost.jpeg)
Speed boat overall costs will vary, depending on many different things. Let’s take a look.
Type and model
The final speed boat price will primarily depend on the type you want to buy. The first thing you should look at is the engine type.
Outboard speed boats have an engine on the boat exterior that goes in the water while sailing. On the other hand, it is placed inside the vessel hull in an inboard type.
$500 to $5,000 | |
Catamaran | $10,000+ |
Sailboats | $12,000+ |
Bowrider boat | $15,000 to $50,000 |
$15,000 to $50,000 | |
Deck boat | $20,000 to $50,000 |
Fishing boat | $25,000 to $100,000 |
$30,000 to $100,000 | |
Cuddy cabin | $50,000+ |
House boat | $50,000+ |
Speed boat | $75,000+ |
Trawler | $90,000+ |
Canal boat | $100,000+ |
Cabin cruiser | $100,000 to $500,000 |
Yacht | $300,000+ |
Since maintaining the outboard engine is less challenging, this speed boat type is always less expensive. Inboard types are faster and more pricey, but their downside is difficult accessing the inboard engine and complicated cleaning.
Plus, they have less space for passengers, and the number of manufacturers producing parts for this motor type is limited. Despite those disadvantages, adrenaline junkies will always choose the speed at the expense of comfort.
Bayliner 170 | $18,000 | Outboard | 17.5 feet (5.3 m) | 2017 |
G3 boat bay 18 | $23,500 | Outboard | 18 feet (5.5 m) | 2019 |
Ranger Z175 | $26,000 | Outboard | 17.5 feet (5.3 m) | 2017 |
Bayliner VR5 | $27,000 | Inboard | 20.3 feet (6.2 m) | 2017 |
G3 boat bay 20 | $27,500 | Outboard | 20 feet (6 m) | 2019 |
Chaparral boat 210 Suncoast | $40,000 | Outboard | 20.8 feet (6.3 m) | 2018 |
G3 boat bay 22 DLX | $43,000 | Outboard | 22 feet (6.7 m) | 2019 |
Chapparal boat 223 Vortex VR | $45,000 | Inboard | 22.25 feet (6.8 m) | 2018 |
Chaparral Boat 227 SSX | $51,000 | Outboard | 23 feet (7 m) | 2018 |
Sea ray SLX 250 | $90,000 | Inboard | 25.5 feet (7.8 m) | 2018 |
MasterCraft X-Star | $200,000 | Inboard | 23 feet (7 m) | 2020 |
Sea ray sundancer 320 | $210,000 | Both options | 34.9 feet (10.6 m) | 2018 |
Once you decide to purchase a speed boat , you should be prepared for its high price since you can’t find a new one under $75,000. Modern models that reach high water speeds cost at least $350,000, but their prices vary significantly.
In fact, they will depend on a few crucial features, including the type, model, and brand you choose, speed the boat can develop, and desired amenities. Be prepared that the price of super cool models and famous brands can go up to $4,000,000, sometimes even more.
On the other hand, you can buy a basic outboard speed boat for only $20,000. It can’t develop top speeds, but it will give you the full satisfaction and enjoyment you are looking for.
Another option is to buy a used speed boat for far less money. The reason is a quick depreciation of this vessel type.
Wright Performance 360 | $450,000 | Outboard | 36 feet (11 m) | 2017 |
MTI-V42 | $585,000 | Outboard | 42 feet (12.8 m) | 2016 |
Outerlimits SL41 | $625,000 | Outboard | 41.25 feet (12.6 m) | 2015 |
Mystic C4400 Habitual | $700,000 | Twin inboard and outboard | 44 feet (13.4 m) | 2018 |
Skater 388 | $700,000 | Twin inboard and outboard | 38 feet (11.6 m) | 2014 |
Adrenaline ZRX47 Carbon Series | $1,000,000 | Twin turbo | 47 feet (14.3 m) | 2018 |
Mercedes-AMG Marauder | $1,200,000 | Outboard | 50 feet (15.2 m) | 2018 |
Midnight Express Pied-a-Mer | $1,600,000 | Both options | 60 feet (18.3 m) | 2017 |
Cigarette Racing Tirranna | $3,500,000 | Outboard | 59 feet (18 m) | 2019 |
If you are fancy a high-end speed boat , and your budget is high enough, you should consider one of the luxury options you have at your disposal. Such a vessel is an excellent choice for you when you are interested in racing or waterskiing that requires a high-performance model.
![speed yacht cost Brand](https://www.boatdriving.org/wp-content/uploads/2022/01/Brand.jpeg)
The best offshore V-bottoms brands on the current market are Cigarette, Donzi, and Magnum. The Cigarette is the original American boat manufacturer and one of the premier boat builders worldwide.
In addition, you can find Fountain, Checkmate, and Baja Marine brand icons of the modern go-fast boat industry.
Remember that making speed boats is a complicated shipbuilding type, and the competition is fierce. Therefore, you shouldn’t be surprised that many manufacturers give up producing these vessels and reorient to safer models production with a more stable market.
Size, design, and style
![speed yacht cost Size, design, and style](https://www.boatdriving.org/wp-content/uploads/2022/01/Size-design-and-style.jpeg)
In this case, a smaller size doesn’t mean a lower speed boat price. Since these vessels’ primary purpose is to be fast, small, and with high performances, they will be costly.
Most admirers find choosing a particular speed boat design, style, and even color vital. These features depend only on your preferences and the budget you have at your disposal.
If you are looking for an affordable vessel for casual cruising or fishing, you only need a basic model. Keep in mind that even a secondhand high-performance boat will cost approximately $30,000 to $40,000 more than a brand new classic model.
The speed that a speed boat can develop
The most significant difference between various motorboat types is the speed each can develop. For instance, the Cruiser’s maximal speed is 50 mph (80.5 km/h), Deck boat can reach 60 mph (96.5 km/h), and Personal watercraft is the fastest with a top speed of 70 mph (112.5 km/h).
On the other hand, speed boats are created to quickly develop a speed of 100 to 200 mph (161 – 322 km/h). Spirit of Australia reached the highest water speed record of impressive 317.6 mph (511 km/h), making it the fastest boat worldwide.
Typically, fast and high-performance speed boats will be costly. Since most people purchase this vessel type for racing, you can expect them to always look for the model that can bring them a win.
On the other hand, there are a lot of enthusiasts who enjoy fast boating. As expected, they will try to buy the fastest possible model according to their budget.
![speed yacht cost Speed Boat Ownership Costs](https://www.boatdriving.org/wp-content/uploads/2022/01/Speed-Boat-Ownership-Costs.jpeg)
Remember that a speed boat price is not the only expense you will have, and you should consider all additional costs of owning such a vessel.
Depreciation
For a start, this boat type has a high depreciation rate. In other words, your speed boat will lose 20% of its value in the first year after buying it.
Its value will decrease in the second year by 15% and an additional 14% in the third year. That way, most models will entirely depreciate within a decade, lowering your chances of reselling it.
Maintenance
Maintaining a speed boat is pricy, mainly because of the challenging cleaning of its powerful motor . Plus, replacing complicated parts can be tricky, particularly in models with an inboard engine .
Insurance is a mandatory cost for every speed boat owner. The problem is that it is always much higher for this boat than for other models.
An average speed boat insurance cost will also depend on the state where you live. You will pay at least $250 for it in low-cost and $330 in medium-cost states.
In most cases, northern states without a coastline are less expensive than those in the south. On the other hand, your insurance will go up to $470 if you live in Alaska, Hawaii, or Florida.
Fees and taxes
Before using your speed boat, you need to get a boating license and register it. Both things are typically costly and depend on the type and model you buy. Sometimes, you will need to pay local taxes on vessel ownership, according to the state regulations.
The best option you have is to store your speed boat in a nearby marina. Typically, the membership will run a few thousand dollars a year. Plus, it will be necessary to protect your vessel by wrapping it appropriately if you live in a region with cold weather.
Outside storage will typically cost you $10 to $15 per 1 foot (30.5 cm). On the other hand, inside storage will be more pricey and typically costs $50 to $200 per 1 foot (30.5 cm). Finally, an in-water dock space price ranges from $1,000 to $5,000 per season.
Owning a speed boat is an excellent advantage, but the average price of such a vessel is typically high and often unattainable for the average customer. Besides the high initial expenses, you should check other ownership costs on time.
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6 of the fastest boats you can buy right now
- Top stories
Serial boat owner and adrenaline junkie Elliott Maurice picks out 6 of the fastest boats available on the market…
A rarefied segment of the boating industry is dedicated to creating some of the fastest boats in the world. They’re the Bugatti Chirons and Koenigseggs of the seas. Builders of these boats work to extreme tolerances, using exotic materials and construction methods usually found in the aviation industry.
Of course, at this level, low volume production and the aforementioned construction methods combine to create an exclusive product with an even more exclusive price tag. These super high-performance boats will be hugely impractical for most purposes, when compared to a typical leisure vessel, and the skipper will need significant ability to get the most out of it.
In reality any boat capable of speeds more than 60 knots (69mph) is very fast indeed. Given the hugely changeable nature of water compared to tarmac, this is akin to driving a car at around 120mph.
Most of the fastest boats use race-derived hulls with roots dating back to the 1980s when the ‘Go-Fast boat’ became synonymous with the glamor and excesses of the time. TV shows like Miami Vice , with Don Johnson catching drug dealers in his iconic Wellcraft 39 Scarab , helped make these boats extremely popular.
In reality, high performance offshore boats of this type were extensively used by cartels to run drugs into Miami, with the DEA commissioning a fleet of Blue Thunder powercats to help combat the problem.
Fast forward to today, some of the fastest boats are capable of exceeding 180mph with specialist engines and are in fact faster than the boats in Class 1 Offshore racing, where horsepower is limited to twin 1,100hp.
This list is by no means exhaustive – there are also a number of phenomenal offerings out there from legendary builders like Nortech, Sunsation, Donzi and Fountain.
6 of the fastest boats you can buy
![speed yacht cost fastest-boats-GOLDFISH-46-BULLET-(2)](https://keyassets.timeincuk.net/inspirewp/live/wp-content/uploads/sites/18/2023/11/fastest-boats-GOLDFISH-46-BULLET-2-630x354.jpg)
Goldfish 46 Bullet
World’s fastest RIB
Top speed: 85 knots (99 mph) Price: $1.2million
Starting with one of the most revered names in the world of performance RIBs, Norwegian yard Goldfish Boats build exceptionally capable open water powerboats. They are also the fastest Ridged Inflatable Boats on the market today.
The 46 Bullet is the fastest of them all – with triple 500hp V10 Mercury outboards 85 knots is achievable. Around $1.2 million will put you in the driving seat of this exquisitely built boat with a carbon superstructure, state of the art electronics and custom racing seating for six.
Perfectly capable of cruising for hours in excess of 60 knots in challenging conditions, the Goldfish is capable of holding its own in rough water against almost any offshore powerboat challenger.
Article continues below…
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Fastest boat: The current holder and contenders for the world water-speed record
![speed yacht cost fort-lauderdale-boat-show-2022-Mystic-M5200-4](https://keyassets.timeincuk.net/inspirewp/live/wp-content/uploads/sites/18/2022/10/fort-lauderdale-boat-show-2022-Mystic-M5200-4-920x518.jpg)
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Outerlimits SV50
World’s fastest production monohull
Top speed: 156 knots (180 mph) Price: $900,000
At 50ft 1in LOA and only 9ft in the beam, this rocket ship is a pure raceboat in design, with five steps in the hull and staggered engines to keep the driver as close to the centerline as possible.
At the 2023 Lake of the Ozarks shootout an SV50 with enclosed cockpit and twin 2,000hp engines ran 180.47 mph on a 1km run making it the fastest production monohull on the water.
More impressive is that a standard boat with twin Mercury Racing 1,350/1,550hp can easily top 140mph. However, this is a boat requiring an exceptional skill to drive, with handling characteristics as aggressive as its outright speed suggests. Starting at around $900,000 the SV50 is the ultimate in its class.
![speed yacht cost fastest-boats-mti-52-pleasure-2](https://keyassets.timeincuk.net/inspirewp/live/wp-content/uploads/sites/18/2023/11/fastest-boats-mti-52-pleasure-2-630x355.jpg)
MTI Pleasure 52
Top speed: 156 knots (180mph) Price: $2 million
Another brand known for its offshore race winning boats, MTI produces nothing but high-performance boats. From its V series center consoles to its outboard -powered cats, this semi-custom builder doesn’t make a boat that does less than 80mph.
The 52 Pleasure is the fastest of the breed, with a full race version available using the same hull. With twin 1,750hp Mercury racing engines, this boat can achieve over 180mph.
With full custom options, MTI have even built a Lamborghini-inspired 48 footer to match the owner’s Lamborghini Aventador. Fitted with Aventador style tail lights and dashboard, the boat even had a matching covered starter button.
Needless to say, all this glamour doesn’t come cheap. You can expect a starting price of around $2 million for this level of exotica.
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Cigarette 515
The most legendary go-fast boat
Top speed: 113 knots (130mph) Price: $2.2 million
No go-fast boat comes with as much pedigree as the Cigarette. Founded by the legendary Don Aronow, Cigarette Boats dominated offshore racing worldwide for over a decade, so much so that the brand name has become synonymous with offshore racers.
Still built in Florida, the brand has development ties with Mercedes AMG and Mercury Racing alike. As the largest high-performance boat in the range, the 515 offers peerless attention to detail and quality alike.
It is not the fastest production monohull, with a top speed of just over 130mph achievable with twin staggered 1,350/1,550hp Mercury Racing engines. It is, however, the best riding and one of the most capable offshore powerboats for handling rough water.
Its carbon fiber, vacuum bagged construction helps to justify its $2.2 million starting price and above all, it is the ultimate Cigarette boat.
![speed yacht cost fastest-boats-mystic-c4000-loto-2023-tom-leigh-8014](https://keyassets.timeincuk.net/inspirewp/live/wp-content/uploads/sites/18/2023/11/fastest-boats-mystic-c4000-loto-2023-tom-leigh-8014-630x354.jpg)
Photo: Tom Leigh
Mystic C4000
Top speed: 108 knots (125mph) Price: $699,000
Mystics founder John Cosker is responsible for some of the fastest offshore raceboats in the world. Throttling his American Ethanol 50ft Catamaran, he hit 204mph this year setting the record on the Lake of the Ozarks sprint course.
Mystic will custom build a race winning boat for you on request, however Mystic now has a range of three high performance center consoles, with the C4000 outboard cat being the fastest production boat in the range, equipped with twin 500hp Mercury Racing outboards.
The C4000 will top 125mph and cruise in the upper 80s. With a bias on cruising comfort, the C4000 is a tuned down version of the Mystic race boat, with the tunnel compression reduced to hold the boat down rather than create the less controllable lift of the 180mph capable race hull.
The engines are also mounted on hydraulic jack plates to further trim the hull and keep the boat glued down in rough water. At just under 44ft the luxuriously appointed Mystic C4000 can offer performance akin to a light aircraft over distance – think Miami to Bimini in under an hour in the right conditions.
The Mystic is designed to run at speed confidently by most owners without the extreme characteristics of boats at this performance level. Options like a full cockpit sunshade, premium stereo and open transom make the C4000 as comfortable for lounging at a sandbar as it is running at blistering speed in open ocean.
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Midnight Express 43 Open
The fastest center console boat
Top speed: 78 knots (90mph) Price: $1million
The center console market has exploded over the past few years, with a ceneter console now available for almost any boating application. The high-performance end of the spectrum has a handful of sublime builders.
However, the fastest arguably goes to Midnight Express 43, when running 5x 500hp V10 outboards. Capable of over 90mph, the 43 can also accommodate up to 20 people in comfort and 9 people at speed in luxurious quilted ultra leather bolster seats.
So good is the hull on the Midnight Express that Miami-Dade County DEA used the 39ft version as its high speed response boats. With its all-carbon superstructure and air-conditioned helm, the 43 is an extremely desirable boat, and over 100 units of this $1 million dollar boat have been sold to date.
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Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples
How much do yachts cost? Let’s look at yacht prices per size.
SELECT SIZE ⇩
Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.
How much is a small yacht? Let’s start at 40 feet length.
40 Foot Yacht Cost
A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.
Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.
A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.
The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.
The maintenance prices will remain lower as well.
Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.
Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.
You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.
For sailboat prices specifically, check out this article .
Our Pick: Viking 42 Convertible: Cruise and Fish (2014)
Price: $895,000
![speed yacht cost](https://www.godownsize.com/wp-content/uploads/2019/06/40-feet-yacht-example.jpg)
- Cushioned seats
- Underwater lights
- Flybridge fiberglass hard-top
- Recent engine and service
- Joystick control
- Cockpit shade with poles, freezer, and step-up box
- Custom chairs
- Coach roof overhang to provide shade
- home theater setup
- Freshwater wash area
- Cockpit freezer and drink box
- Forward-facing viewing windows in deckhouse
Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).
Yacht Price Examples for Three Other 40-50 Foot
- 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
- 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
- 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016
50 Foot Yacht Cost
50-foot yachts are normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.
They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.
The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.
Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.
Our Pick: Hatteras GT54 Convertible Sportfish
![speed yacht cost](https://www.godownsize.com/wp-content/uploads/2019/06/50-feet-yacht-example-price.jpg)
The price for the 2017 model of this used yacht starts at $2,249,000.
This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.
It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.
It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.
Yacht Price Examples for Two Other 50 Foot
- 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
- 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer
How much is a large yacht? Let’s step up to 60 foot.
60 Foot Yacht Cost
Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.
This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.
If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.
This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.
Here are some examples:
Our Pick: Hatteras M60
![speed yacht cost](https://www.godownsize.com/wp-content/uploads/2019/06/60-feet-yacht-example.jpg)
The average base price for this model is around $2,995,000.
The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.
It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.
Yacht Price Examples for Two Other 60 Foot
- 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
- 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009
70 Foot Yacht Cost
We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.
This is just shy of the superyacht category, so if you settle on this size, know you are almost there!
As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.
When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.
With more rooms comes more cost and more opportunity to customize the space to make it your own.
Here are some great options for this size:
Our Pick: Hatteras GT70 Convertible Sportfish
![speed yacht cost](https://www.godownsize.com/wp-content/uploads/2019/06/hatteras-70-feet-yacht.jpg)
The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.
The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.
It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.
Yacht Price Examples for Two Other 70 Foot
- 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
- 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011
100 Foot Yacht Costs (and up):
You are officially in the superyacht range.
These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.
Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities.
You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.
Check out these great examples of 100-foot yachts .
Our Pick: 143′ 04″ Virtus 44
![speed yacht cost](https://www.godownsize.com/wp-content/uploads/2019/06/100-feet-example.jpg)
This model cost around $20,189,000.
This mega yacht is anyone’s dream.
It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.
It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,
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Other 100+ Feet Yachts Price Examples
- 98′ 5″ AB 100 Price: $8,843,260 for 2018
- 161′ 04″ Acico Nassima Price: $17,933,000 for 2012
How Much is Yacht Insurance?
Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.
What Other Expenses Do Yacht Owners Face?
Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.
How Much Does a Luxury Yacht Cost?
A super yacht fall under the category of “luxury yachts” or “mega-yachts”.
The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!
It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.
As a luxury yacht price guide, however, we need to look at averages.
Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.
Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.
They might have:
- swimming pools,
- water toys,
- diving and fishing poles,
- fully furnished rooms,
- helicopter landing pads,
- and smaller support vessels
Just to name a few amenities. They are truly the epitome of the elite.
What Size Boat is Considered a Yacht?
The normal yacht length starts at around 23 feet, and can extend hundreds of feet. If the boat meets 23 feet, it can be considered a yacht.
A boat does not need luxury features to be considered a yacht.
It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.
11 Things to Consider Before You Purchase
When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.
Some important questions to ask yourself before you buy are:
- What does your perfect day on the water look like?
- How long will your average day on the water be?
- Will it be more boating/watercraft focused or long cruise focused?
- Will you use the yacht for fishing?
- Will you be on the yacht every day of the week or just on weekends?
- How many people do you hope to fit on the yacht?
- Do you plan to stay on the yacht overnight?
- Where will you dock the yacht?
- How much boating experience do you have?
- How fast do you want the yacht to go?
- How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?
These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.
When Do You Need a Full-Time Crew?
At length over 50 or 60 feet, you may need a full-time captain or crew.
A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.
Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.
If you don’t know much about boats and navigation, you will need more help to use your vessel.
Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.
Important Things to Consider As Well
Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.
At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.
Although this article is a good starting point, we would also recommend getting in touch with a yacht broker who can help you find your best fit , model, year, and the price is given your personal budget.
They are great sources of knowledge in addition to personal research.
Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!
Here’s How Much Yachts Cost on Average:
Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.
These are the main contributing factors to the price of a yacht:
- The size of the yacht
- The age of the yacht
- The brand and type of yacht
In general, the larger the yacht is, the more important the quality of the build becomes.
Also, potential owners need to understand the cruising speed and propulsion of different yachts.
The yacht type is also broken down into two categories:
- Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
- Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
- Flybridge yachts
An express yacht is often referred to interchangeably as an express cruiser or sports cruiser .
It has a single deck above the hull with a living space below.
They are much sleeker, too.
A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.
Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.
It can have an open-air layout but can also have a hard-top.
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How Much Does a Speed Boat Cost? – Updated in 2023
Written by J. Harvey / Fact checked by S. Numbers
![speed yacht cost how much does a speed boat cost](https://www.boatingbasicsonline.com/wp-content/uploads/2021/12/how-much-does-a-speed-boat-cost.jpg)
The preferred recreation of some people is influenced by their love of speed and adrenaline rush. Speed boats suit their personality when they wish to enjoy the sun and the water in the summertime.
If you’re one of them and you don’t own any vessel yet, curiosity will be over the question: how much does a speed boat cost? The average cost of a speedboat is around $20,000, and you should be willing to pay $30,000 or $40,000 more for higher performance.
The prices can even go up into 6 or 7 digits for high-end models with unique features and excellent performance. This article will show you options and other expenses besides the boat cost to set your budget.
![speed yacht cost buy-a-speed-boat](https://www.boatingbasicsonline.com/wp-content/uploads/2022/05/buy-a-speed-boat.jpg)
Table of Contents
1. Types of speed boats
2. size, style, and design, list of speed boat costs, things that would be added up to the cost of the speed boat, wrapping it up, factors that can determine the cost of a speed boat.
![speed yacht cost price-of-speedboat](https://www.boatingbasicsonline.com/wp-content/uploads/2021/12/price-of-speedboat.jpg)
The main types of speed boats are inboard and outboard. You can compare the inboard type with a car as their motors are both covered. Contrary to the outboard boat, the motor is in the exterior part of the boat.
You’ll find that the price of inboard speed boats is higher than the outboard because their maintenance is demanding. Moreover, it’s hard to access their engine and some parts. More so, inboard spare parts are limited as few manufacturers produce them.
Since the motor of the inboard type is within the boat, it can take up much space. Therefore, only a few people can be onboard. On the other hand, the outboard type is more spacious to accommodate the whole family. However, the former excels in displaying speed than the latter.
With these features, outboard speed boats can cost $20,000, while the inboard type will have a relatively higher price tag. You may get an outboard type as there are numerous options in the market.
But if you prefer the sleek appearance and high speed of inboard boats, you can go for it! They’re similar to other expensive speed boats called bowriders, trawlers, runabouts, and watersports boats.
You may think that a smaller size means a lower price. Unfortunately, not all of them since high-performance boats are still costly despite the decrease in size. When it comes to style and design, you can simply look for the model that suits your needs and demands.
The basic, affordable model will do if you’ll only use the speed boat for fishing and casual cruising. Even though you will try to avail a secondhand high-performance boat, it costs $30,000 to $40,000 more than the brand new basic model.
You’ll find larger models with plush seating arrangements and wooden interiors. They are called cruisers with the price in 6 or 7 digits. Second-hand cruisers are available for sale, but there’s no big difference in the price.
![speed yacht cost speed-boat-price](https://www.boatingbasicsonline.com/wp-content/uploads/2021/12/speed-boat-price.jpg)
This list features affordable models as well as high-end or luxury items.
- Bayliner 170
This costs $18,000 and I can say that it’s a fair speed boat price. It’s a high-power outboard boat with a speed that is suitable for cruising, fishing, and occasional ride with family and youngsters.
With its 17 feet length, a small family can enjoy riding it on a sunny day. The interior design is terrific as it’s built for comfort. High-tech stereo speakers are also included so you can chill with some music. The sound can be compared to awesome brands like Ortizan, iFOX, Bugani, and DOSS.
This speed boat also guarantees durability if you look at its materials. It comes with a 90 HP motor, but you can upgrade it to 115 HP, making it effective for water sports. Refreshments can also be available as there’s a space for coolers where you can keep beverages and the catch of the day.
- Ranger Z175
This speed boat is perfect for fishing enthusiasts since it has rod lockers and hidden hatches for storing your valuables. And the price of this speed boat is $26,000. It has considerable speed that works with a 70 HP motor. These features are great for water sports like parasailing and skiing. Upgrades can be done with the motor to meet the requirement of your water activities.
- Chaparral Boats 210 Suncoast
Reliability boosts the popularity of this model which costs $40,000. It’s a 20-foot long speed boat that is great for fishing, water sports, and other water activities. You can do a lot of things because of its 150 to 200 HP motor. When you cruise with this boat, it’s possible to increase its speed.
There’s ample space for the permanent benches within its sleek and stylish interior. You’ll surely be impressed with its cockpit! Apart from a lot of space, securing your stuff is convenient due to the multiple storage compartments.
- G3 Boats Bay 20
It’s categorized as a moderately priced speedboat since you only need to pay $27,000 for it. Amazingly, it comes with a trailer so you can save money without a doubt. You’ll also like the tackle trays, storage hatches, and comfortable seats.
I would like to specially mention the seats as they’re perfect for fishing with their high back like Leader Accessories high back seat and NORTHCAPTAIN High Back Folding Boat Seat. Even if you sit on it for hours, you won’t feel exhausted. This boat has a powerful engine that allows you to engage in different water activities.
- Sea Ray SLX 250
Spending $90,000 for this speed boat is worth it. It can lead you to the boating experience of a lifetime with its amenities and engine that makes various speeds possible. This is an inboard type of boat that is accompanied by noise reduction technology. Hence, there will be no howling noise that can cut the enjoyment of sailing and fishing.
Apart from its diamond-stitched upholstery, you get to lay back and relax while listening to the music from its nice audio system.
- Luxury or high-end models
If you’re interested in racing, powerboats, and high-performance boats, here are the models that may please you.
Outerlimits SL41 | 2015 | $625,000 |
Mercedes-AMG Marauder | 2018 | $1,200,000 |
Mystic C4400 Habitual | 2018 | $699,999 |
Midnight Express Pied-a-Mer | 2017 | $1,600,000 |
MTI V-42 | 2016 | $585,000 |
Skater 388 | 2014 | $699, 950 |
DCB Performance M35 | 2015 | $685,000 |
Adrenaline ZRX47 Carbon Series | 2018 | $1,000,00 |
Wright Performance 360 | 2017 | $450,000 |
Cigarette Racing Tirranna | 2019 | $3,500,000 |
It’s not enough to just know the price of a speedboat as other factors require a fee or payment. You’ll know them in this part.
- Docking or mooring charges
Most personal boats, like speed boats, stay in storage 50% of the time. If you have a small boat, you can fit it in a garage or property. But this setup is out of the question when you have a large vessel. Aside from an unavailable towing system for its size, it will likely not fit in the garage.
Therefore, you need to get a harbor space for docking. Before you buy a speed boat that you like, check first the rate of the space with your local marina. This knowledge will help you with the estimation of the total cost.
So generally, based on your boat size and the rate in your area, the rent usually ranges from $100 to $500 per month and for this expense, you can pay yearly.
Some models are sold with a free trailer, but it’s unavailable to most speed boats. Hence, you must foresee this as an additional charge. This item’s one-time spending is much better than paying monthly or yearly fees.
The trailer is sold in an amount similar to the dock’s monthly charge, which is from $2,000 to $10,000. Sadly, it won’t be an option for those who own a large boat. But you will need a towing vehicle when you don’t have a truck or car that is strong enough to tow your boat.
- Processing for license
Before you can use your speed boat, you have to process the license, which means another fee. Although the money you pay is not the same as the staggering price of your boat, you still have to include it in the total.
- Boat insurance
Are you aware that around 5,000 boat accidents happen every year? The consequence of this misfortune is spending on repairs and medication. You can lose thousands of dollars so getting boat insurance is a way to prepare for these undesirable circumstances.
Depending on the size and type of boat you own, the usual insurance plan will cost $100 to $500 per year.
To wrap things up: how much does a speed boat cost? You shouldn’t only focus on the boat’s price but also other expenses. If you settle for the basic model, it can be around $20,000 to $30,000 but expect to spend dollars in 6 or 7 digits for high-performance ones. Don’t forget to add trailer cost and charges for the license, insurance, and docking to the total sum.
![speed yacht cost](https://www.boatingbasicsonline.com/wp-content/uploads/2021/06/Richard.jpg)
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How Much Does a Yacht Cost: A Comprehensive Breakdown for Buyers
Yachts embody luxury, status, and freedom, leading many to wonder about the costs associated with such an extravagant purchase.
Buying a yacht is a significant investment that involves not only the initial price but also ongoing expenses such as maintenance, fuel, insurance, and crew costs.
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The price of a yacht varies greatly depending on factors such as size, brand, age, and features. Understanding these factors will help potential buyers make informed decisions.
Smaller yachts often start at a few hundred thousand dollars , while larger or more luxurious models may cost millions. Meanwhile, superyachts and mega yachts can carry price tags in the tens or hundreds of millions of dollars.
It is important to remember that additional ownership costs, like annual operating expenses , must be considered when calculating the true cost of yacht ownership.
Key Takeaways
- Yacht costs vary greatly based on size, brand, age, and features
- Additional expenses such as maintenance, insurance, and crew should be factored in
- Assessing all costs involved helps gain a clearer picture of the true cost of yacht ownership
Types and Sizes of Yachts
When considering the cost of a yacht, it's important to understand the various types and sizes available in the market.
In this section, we will explore some of the main categories of yachts, including sailing yachts vs. motor yachts and the range of sizes from small to superyachts.
Sailing Yacht Vs. Motor Yacht
There are two main types of yachts: sailing yachts and motor yachts.
Sailing yachts rely on wind power and sails for propulsion, making them more eco-friendly and fuel-efficient. They come in a variety of sizes and styles, with smaller sailboats starting around 23 feet in length. Some popular designs include sloops, cutters, and ketches.
Meanwhile, motor yachts use engines for propulsion, offering more speed, power, and maneuverability. These yachts typically range from around 30 to 100 feet, although larger motor yachts can also be classified as superyachts. Motor yachts are often equipped with a luxurious interior, offering the utmost comfort and entertainment for guests.
Small Yachts to Superyachts
Small Yachts (10,000-$100,000):
Small yachts generally range from 23 to 40 feet in length. These yachts are more affordable and easier to maintain, making them attractive to first-time buyers. They can be both sailing yachts and small motor yachts. Examples of small yachts include sportfishing boats, family cruisers, and day sailers.
Midsize Yachts ($100,000-$1,000,000):
Midsize yachts typically range from 40 to 60 feet in length. The price of a midsize yacht can vary greatly, with used models going around $200,000 while new ones can go up to a million dollars. They offer more space, better amenities, and improved performance compared to small yachts. Midsize yachts can also be classified as sailing yachts or motor yachts.
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Large Yachts ($1,000,000 and up):
Large yachts typically range from 60 to 100 feet in length. These luxurious vessels come with a higher price tag, often costing multiple millions of dollars. Large yachts offer plenty of space for entertaining, as well as state-of-the-art technology and amenities. They come in both sailing and motor yacht varieties.
Superyachts ($10,000,000 and up):
Superyachts are the pinnacle of luxury and sophistication, typically measuring over 100 feet in length. They feature extravagant amenities, such as helipads, swimming pools, and even movie theaters. The price of a superyacht can be astronomical, at times exceeding $10 million or more.
Cost Factors for New and Used Yachts
When determining the cost of a yacht, whether new or used, several factors come into play. These include the age and condition , size and style, brand and model, and location and availability of the yacht.
Each of these factors plays a significant role in the overall cost, so understanding them can help buyers make an informed decision.
Age and Condition
The age of a yacht naturally impacts its price. A brand-new yacht typically commands a higher price than a used one. However, the condition of a used yacht can also greatly influence its value. A well-maintained, used yacht in excellent condition may be more expensive than a newer model with issues or wear and tear.
Size and Style
The size and style of the yacht also play a crucial role in determining the cost.
Generally, larger yachts come with a higher price tag. For example, the average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79 foot category was $1.18 million.
The style of the yacht, such as a sailboat, power catamaran, or luxury yacht, can have a significant effect on the price as well.
Brand and Model
The yacht's brand and model also contribute to its price. Some yacht brands are known for their luxury, craftsmanship, and performance, which can lead to a higher cost.
On the other hand, more affordable brands may offer similar amenities and functionality at a more budget-friendly price.
It's essential to research different yacht brands and models to find the one that best suits your preferences and budget.
Location and Availability
The location of the yacht, along with its availability in the market, can influence the overall cost.
In some regions, yacht prices may be higher due to factors such as demand, local taxes, or shipping costs. Additionally, if a specific model is in high demand or limited supply, its price may be elevated due to scarcity.
Initial Purchase Price
Buying New Vs. Pre-Owned
When considering the initial purchase price of a yacht, one of the first decisions a buyer faces is whether to buy a new or pre-owned yacht.
New yachts typically come with the latest technology, design, and customization options, but they also come at a higher price.
On the other hand, pre-owned yachts can be significantly more budget-friendly, but may require more maintenance and lack the latest features.
The average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79-foot category was $1.18 million. These prices can vary depending on whether the yacht is new or used.
The Buying Process
The process of buying a yacht typically involves researching the market, selecting the right size and type of yacht, identifying suitable yachts, negotiating the price, and completing the purchase.
Working with a professional yacht broker can be beneficial in streamlining this process for the buyer as they can provide expert guidance in selecting the right yacht to fit the buyer's needs and budget.
Costs to Consider
In addition to the initial purchase price, there are various other costs that should be taken into account when buying a yacht. These include:
- Insurance : Buyers should consider the cost of insuring the yacht. Insurance fees, among other factors, are influenced by the size and value of the yacht.
- Marina fees : Docking the yacht at a marina will incur fees, which can range from a few thousand dollars for smaller yachts to tens of thousands for larger ones.
- Maintenance : Maintenance costs can make up around 10% of the initial purchase price. For used yachts, be prepared to spend on essential repairs and upgrades as needed.
- Fuel : The cost of fuel is influenced by the yacht's size, engine type, and cruising frequency.
Operational and Maintenance Costs
Crew Expenses
One of the significant expenses associated with owning a yacht is paying the crew salaries .
The number of crew members and their respective positions will vary depending on the size and complexity of the yacht. For example, a 180-foot superyacht may have an annual crew expense of around $1.4 million.
It is essential to account for additional crew-related costs such as insurance, training, and uniforms.
Fuel and Propulsion
Another considerable aspect of yacht ownership is fuel costs. The amount of fuel consumption will largely depend on the yacht's size, propulsion system, and usage patterns.
For instance, a larger yacht may incur around $400,000 for fuel annually.
It is also worth considering the potential expenses for any necessary upgrades or maintenance of the propulsion systems to ensure optimal performance and efficiency.
Repairs and Upkeep
Maintaining the yacht's appearance and condition requires regular maintenance and repairs . These expenses can quickly add up. Annual maintenance costs for a superyacht could reach up to $1 million.
This includes expenses for cleaning, teak oils, wax, and polish to keep the yacht looking immaculate. It is often recommended to allocate around 10% of the yacht's value to cover annual maintenance costs.
Dockage and Storage
Mooring fees, marina fees, and storage are additional factors to consider when estimating the operational costs of a yacht. Dockage costs typically depend on the yacht’s size and the chosen location.
On average, a superyacht may have an annual dockage expense of around $350,000 .
Additional Ownership Costs
Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht.
For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year .
Obtaining quotes from various providers is essential. Remember that rates can fluctuate based on factors such as the yacht's condition and the owner's boating experience.
Taxes and Registration
Owning a yacht also comes with local and federal taxes and registration fees. Tax rates can vary depending on the state or country where the boat is registered.
In the United States, some states have a sales tax for yacht purchase, while others have an annual personal property tax. Make sure to research the applicable taxes and registration fees in your area to include them in the overall cost of ownership.
Depreciation
Another factor to consider when purchasing a yacht is depreciation. Over time, the value of most yachts will decrease, much like automobiles.
The rate of depreciation may differ based on the yacht's make, model, and age. To account for this potential decrease in value, make sure to have a proper maintenance plan in place and be prepared for the potential resale-value drop.
Extra Amenities and Upgrades
Finally, extra amenities and upgrades can significantly impact the cost of owning a yacht. Additional features such as upgraded electronics, specialized navigation systems, enhanced entertainment systems, or custom interior finishes can add considerably to the base cost of ownership.
Also, consider ongoing costs associated with these amenities, such as maintenance, repairs, and replacements. Budgeting for these additional expenses is critical to ensure your enjoyment of the yacht without financial strain.
Real Cost of Yacht Ownership
Owning a yacht is a luxury many people dream of, but it comes with significant costs. This section will discuss the real cost of yacht ownership , looking at the rule of thumb for annual costs and investment considerations.
Rule of Thumb for Annual Costs
When estimating the cost of owning a yacht, a general rule of thumb is that annual costs will be around 10% of the initial purchase price. This includes expenses such as maintenance, fuel, insurance, and crew salaries.
For example, a 180-foot superyacht could have an annual budget of $1 million for maintenance, $400,000 for fuel, $240,000 for insurance, and $1.4 million for the crew.
Another example is a 50-foot yacht , which may have ongoing costs between $35,000 and $85,000 per year.
- Maintenance and Repairs: The cost of maintaining a yacht can range from $1,000 to over $1 million per year, depending on the size and complexity of the vessel.
- Dockage: Yacht owners should budget around $350,000 annually for marina fees.
- Fuel: Depending on the size and type of yacht, fuel expenses can be substantial, averaging around $400,000 per year for a large vessel.
- Insurance: Insurance premiums for yachts can range from a few thousand dollars to upwards of $240,000 per year.
- Crew Salaries: Crew salaries can account for the largest portion of yacht ownership costs. A large yacht may require a crew with an annual budget of $1.4 million.
Investment Considerations
When thinking of purchasing a yacht as an investment, potential owners should consider several factors.
Yachts depreciate in value over time, making them a less attractive investment compared to traditional assets such as stocks and real estate.
Additionally, the high cost of ownership may make yacht investment less viable for some individuals.
Keep in mind that while some owners charter their yachts to offset costs, this strategy may not fully cover annual expenses. Moreover, chartering exposes the yacht to additional wear and tear, which can result in higher maintenance costs.
Life on Board
Amenities and Comfort
Life on a yacht offers a unique blend of luxury and comfort. Yachts often come equipped with a variety of amenities to make living on board as enjoyable as possible.
One common feature is the cabin , which provides comfortable sleeping quarters and private spaces for relaxation. Some yacht cabins even have their own ensuite bathrooms for added convenience.
A well-designed galley is essential on a yacht, providing the space and facilities needed to prepare meals and store provisions.
Modern yacht galleys often come equipped with high-quality appliances and ample storage space to ensure a pleasant dining experience.
On larger yachts, additional amenities may include swimming pools , outdoor lounges, and spacious deck areas for sunbathing and relaxation. Some superyachts also feature helipads , allowing for easy access to transport and travel to and from the yacht.
Entertaining and Lifestyle
A yacht is not just a floating home, but also a platform for entertaining and socializing. The deck space on a yacht offers a fantastic setting for outdoor gatherings, while a well-appointed cabin cruiser can serve as an ideal venue for more intimate events.
Entertaining on a yacht often involves a range of activities, from casual get-togethers to formal dinners with friends, family, or business associates.
A key factor in this lifestyle is the yacht's finish – the quality of the materials, furnishings, and décor that contribute to an atmosphere of luxury and sophistication.
With such an array of amenities and entertainment options, life on a yacht combines the best aspects of comfort, luxury, and a captivating lifestyle.
Frequently Asked Questions
What is the price range for a small yacht?
Small yachts can cost anywhere from $100,000 to several hundred thousand dollars, depending on factors such as size, brand, age, and amenities.
On average, a new, small yacht may cost around $200,000, but prices can vary significantly based on the specific yacht .
What are typical rental costs for yachts of various sizes?
Rental costs for yachts can vary greatly depending on factors like size, type, and location.
Typically, smaller yachts can be rented for a few thousand dollars per day, while larger, luxury yachts may command tens of thousands of dollars per day.
Some yachts may also require a minimum rental period and may charge additional fees for things like fuel and crew.
What is the purchasing price for a luxury yacht?
Luxury yachts generally fall within the multi-million-dollar price range, with some costing tens of millions or even hundreds of millions of dollars.
The exact price of a luxury yacht depends on several factors, such as the yacht's features, size, customizations, and brand.
What is the cost associated with owning a 50-foot yacht?
The cost of owning a 50-foot yacht includes the purchase price, maintenance, insurance, docking fees, and fuel costs.
While the purchase price can vary greatly, annual costs can be estimated at approximately 10% of the yacht's value, which may include maintenance, repairs, insurance, docking fees, and other related expenses.
What are the expenses involved in buying a 100-foot yacht?
In addition to the purchase price, which can range from a few million to tens of millions of dollars, owning a 100-foot yacht incurs several ongoing costs.
These expenses include insurance, crew salaries, maintenance, docking fees, fuel, and provisions. It is important to budget for these costs, as they can add up to a significant amount each year.
What can one expect to pay for a 70-foot yacht?
The purchase price of a 70-foot yacht can range from several million dollars to well over $10 million, depending on factors such as age, brand, and features.
In addition to the initial purchase price, there will be ongoing costs such as insurance, maintenance, crew salaries, docking fees, and fuel, which need to be considered when budgeting for yacht ownership.
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- Boats for Sale
Speedboat for sale (power)
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What is a Speedboat?
A Speedboat is a type of motorboat that is designed for speed and agility across the surface of the water. Generally, power speedboats feature smooth, low-profile hulls for optimal navigation in any water environment. These boats are typically propelled by powerful outboard motors or stern drives, allowing them to achieve higher speeds more easily than other types of boats. In most cases, speedboats can reach speeds of up to 60 miles an hour, depending on the engine size and horsepower. Speedboat racing is a popular sport, with many dedicated clubs, organizations and events held around the world.
Which manufacturers build speed power boats?
Manufacturers that produce speed power boats include Jeanneau , Cobalt , Four Winns , Saxdor and SUR Marine .
How much does a speed power boat cost?
A used speed power boat on TheYachtMarket.com ranges in price from £900 GBP to £2,670,000 GBP with an average price of £152,000 GBP . Factors including the condition, age, model and specification will affect the price of a speedboat.
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Average Speed Boat Cost – 2023 Updated Prices
Written by Anthony Roberts / Fact checked by Jonathan Larson
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The need for speed is always the initial factor affecting the purchasing decision of people interested in high-performance vessels. Still, the speed boat price is worth considering as it is much higher than regular boats.
If you’re looking for an affordable high-performance watercraft, the question of “How much is a speed boat?” may come up quite frequently. Generally, the average speed boat cost is around $20,000. But depending on the size and model, the price of speedboats can reach up to $50,000.
Hence, in this post, I will cover all information related to the recent average speed boat price, elements influencing the cost as well as other knowledge to help boaters buy a speed boat at a good price.
More tips on selecting an affordable speedboat will be highlighted throughout the article, so please stick with us until the end!
Table of Contents
1. The cost of inboard and outboard motor speed vessels
2. 2023 updated speed boat prices, additional costs on a high-performance vessel, the standard speedboat cost: 2022 updated price list.
![speed yacht cost price-of-speedboat](https://www.ridetheducksofseattle.com/wp-content/uploads/2022/05/price-of-speedboat.jpg)
Depending on the types and conditions of the vessel you aim to purchase, cost can vary. No matter if your boat is a fishing boat or a power boat, a used speed boat or a new one, there will always be a standard price for all of them.
In this part, I will provide the list of speed boat prices that are recently published based on their types and models:
Speed boats are divided into two types: inboard motor and outboard motor.
An Inboard speed vessel, similar to your automobile, has the engine within the body of the craft.
Meanwhile, the engine of an outboard speed craft is located outside the vessel’s interior, on the water.
Due to the difficulties during the maintenance process, inboard speed vessels are pricier than outboard ones. This is also because accessing the motor or vessel components is more challenging.
You’ll also notice that inboard engine speed crafts have less space since the propeller requires a large amount of floor area. Inboard speed vessels, on the other hand, travel faster than outboard speedboats.
So, how much is a speed boat? A basic outboard speedboat model may be purchased at $20,000, but the exact price tag can be lower or higher depending on its condition. Meanwhile, the costs for an inboard speed vessel are significantly more expensive.
To help you select the suitable speed vessel for your budget, I have come up with the following list that features a wide range of options , from the cost of average speed crafts to luxury speed boat price. Study the list carefully to make a wise purchase!
- Chaparral Boats 210 Suncoast 2018 model
Despite the cost up to $40,000, this boat model is still very popular thanks to its reliability. Chaparral 210 Suncoast is a 20-foot powerboat ideal for angling, water activities, as well as other water sports. With a strong motor of 150 to 200 HP, you can perform many tasks. It is also feasible to enhance the speed while cruising.
Due to its contemporary design, there is plenty of room for permanent seating. Its cockpit will undoubtedly wow you! Aside from having a lot of room, the many storage sections make it easy to secure your belongings.
- Bayliner 170
![speed yacht cost speed-boat-price](https://www.ridetheducksofseattle.com/wp-content/uploads/2022/05/speed-boat-price.jpg)
This vessel only costs $18,000, which I believe is a reasonable price for a speed boat. It’s a high-powered outboard boat with more than enough speed for sailing, fishing, and the occasional voyage with family.
On a bright day, a young family can travel on it thanks to its 17-foot length. The interior decoration is extremely fantastic since it is created for pleasure.
If you check at the materials used in this speed watercraft, you will see that it is really durable. It features a 90 HP engine that can be upgraded to 115 HP, which makes the boat suitable for water activities.
- G3 Boats Bay Series 18, model 2019
![speed yacht cost how-much-is-a-speed-boat](https://www.ridetheducksofseattle.com/wp-content/uploads/2022/05/how-much-is-a-speed-boat.jpg)
If you are looking for a less expensive vessel model than the Chaparral, the Bay 18 series from the famous boat branch, G3 Boats Bay, can be a great option. The price for this vessel is slightly below $29,000, with a standard retail rate of roughly $23,600.
The Bay 18 series is furnished with a 90-HP Yamaha outboard motor. However, the watercraft is only 18 feet long, shorter than some vessels mentioned in the list. The beam of G3 Bay 18 is measured at 7′ 3″.
- G3 Boats Bay Series 20, model 2019
The Bay 20 series is the next model in the G3 Bay Boat family. This watercraft is slightly more epensive than the Bay 18 model, with an estimated sale price of around $33,700.
In the retailing market, the boat is available for sale at the cost of $27,600. The vessel is 2o feet in length nd powered by a 115-HP Yamaha outboard motor.
There are many more expensive and high-end speed vessels with luxury amenities available in the market. If you are interested in these water vehicles, please check out this video below about the newest and most luxurious speed yachts in 2023:
![speed yacht cost speedboat-cost](https://www.ridetheducksofseattle.com/wp-content/uploads/2022/05/speedboat-cost.jpg)
In this part, I’ve outlined a few extra costs that you’ll need to cover after you’ve finished buying your boat. Examine them to discover whether you can truly afford to acquire a boat.
- Mocking/Docking fee
You will need to rent a harbor location to berth your speed vessels. Before you acquire a boat, you need to inspect the local marina to determine what the charges are. This will give you an estimate of how much the watercraft will charge you even though it isn’t in use.
Docking spaces often range between $100 and $500 per month, depending on the place you reside and the size of your vessel. You can also consider paying these fees on a yearly basis, which would cost between $1,000 and $10,000 each year.
- Buying a trailer
Although parking your watercraft at the marina might cost you between $2,000 and $10,000 each month, boaters can acquire a trailer within the same cost range. Still, a boat trailer isn’t a very wise option as it’s only suitable for small speed boat models.
- Fuel and insurance cost
In terms of gasoline, if you want to use the boat once per week, you’ll pay $1200-$1500 each month, or around $15,000 per year. That’s a great deal of money when you consider purchasing a speed vessel as a one-time expenditure.
Also, having your watercraft insured before traveling for leisure reasons is the greatest way to guarantee owner’s advantage. Depending on the style and size of your powerboat, a basic insurance policy might cost you between $100 and $500 per year.
Buying a speed vessel is similar to purchasing a car. There are so many factors and additional elements that can affect an average speed boat cost. Hence, by studying this article carefully, boaters can understand the latest prices of some popular powerboats, as well as other fees that can be charged while owning a speed watercraft.
I hope that this post was helpful to your boating experience! Did you enjoy the article? Do you want to add anything else? Please let me know and leave a comment below.
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Ten years of enjoying countless trips on boats never made me love them any less! So I am here to put all those experiences into good use for other boaters who want to have a safe and fun trip with their friends and families.
Go-Fast Boats: Beginner's Guide to the World of Speed
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Speed on the water is a rush like no other, and if by chance it captures your imagination you’ll likely spend the rest of your powerboating days chasing it. Not everyone who enters the boating world discovers his or her inner speed gene. But for those who do, it quickly becomes a passion—and likely a lifelong one.
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But assuming you end up on the “love” side of the equation, there are more than a few things that you, as a novice getting into go-fast boating, need to know. What follows is a quick, though by no means comprehensive, question-and-answer guide. It won’t provide everything you need to know, for the education of a powerboat owner, especially in the high-performance realm, never stops. But it will help you understand some of the basics.
Learn More about High Performance Boats
Different Types of Go-Fast Boats
Go-fast boats essentially break into two hull categories:
- V-bottom (mono hull)
- Catamaran (twin smaller “sponson” hulls with a “tunnel” between them)
Picture “one of those Cigarette boats” and you have a classic V-bottom. Though most are powered by inboard stern-drive engines, a few are offered with outboard-engine power. Their lengths range from 20 to more than 50 feet. Most often, they have single or dual engines. They range from bare bones, meaning a steering wheel, a throttle and two gauges (speedometer and tachometer), to plush with multiple GPS units, front and rear video cameras, FLIR systems, monster stereos, plus cabins and more.
Sticking with the Cigarette mental image, a traditional V-bottom sportboat has a closed deck and a cockpit behind it. Today’s fastest V-bottom sportboats top out at more than 150 MPH.
Center Consoles
More popular these days, however, are V-bottom-based “center consoles” with open-cockpit layouts with bolster seats and lounges from bow to stern and tiny-to-generous cabins inside the consoles. Most high-performance center-consoles are powered by two to four outboards. Top speeds range from 60 to 85 MPH.
Go-Fast Catamarans
Today’s most popular go-fast catamarans range from 28 to 52 feet. Powered by twin inboard engines up to 1,750-HP, they can reach 180 MPH and beyond. Once again, it goes without saying—but still needs to be said—that boats in this rather extreme category take years of experience to learn to handle safely.
A sport catamaran, meaning outboard-engine-powered cats from 28 to 38 feet long, are the hottest things in the go-fast boat segment these days. Equipped with twin outboard racing-style engines, the fastest top out at 130 MPH. Thanks to the outstanding reliability built into today’s outboards and overall ease of use as compared to their larger, higher-maintenance stern-drive counterparts, sport cat popularity has exploded in the last five years.
![speed yacht cost high performance catamaran](https://www.discoverboating.com/sites/default/files/inline-images/high-performance-catamaran.jpg)
How Much Does a Go-Fast Boat Cost?
If you’re looking at an entry level new go-fast powerboat, you can expect to spend no less than $100,000. That might seem like a lot of money and, in fact, it is, but it’s not out of line with the pricing in rest of the powerboat world (more than a few ski/wake tow boats list for 50 percent more than that).
Of course, you spend far less than $100,000 in the pre-owned go-fast boat market. On the flip side, you can spend more than $1 million on a new custom creation.
Other Related Costs
Being new to go-fast boating and excited about the world you’re about to enter, this you forget to ask this question. But it’s an important one, so we’re asking it for you.
Short answer: Yes.
Longer answer: Like all forms of powerboating, the high-performance segments includes costs beyond the boat, the most obvious one being fuel. High-horsepower marine engines demand fuel, often higher octane and hence more-expensive fuel, to make power. And they tend to burn a lot of it. By automotive standards, five miles per gallon is appalling. But powerboating—all powerboating—it’s world-beating, even for outboard engines.
Other costs include insurance, which is higher for go-fast boats than it is for boats in other segments. The faster the boat, the more expensive and expensive and difficult it is to insure. Though high-performance marine engines, especially Mercury Racing’s inboard and outboard offerings, have become far more reliable than they once were, they still require more routine maintenance than the lower output engines found in general-use powerboats.
Costs of Boat Ownership Guide
Go-Fast Boats: Frequently Asked Questions
How fast can high-performance boats go?
To make things simple, we’ll define any powerboat that exceeds 70 MPH as a high-performance boat. These days, there are plenty of boats that can run more than 120 MPH and several models that—with enough horsepower—can top 180 MPH. It should go without saying, but still needs to be said, that the highest tier of performance boats take years of experience and a careful, methodical progression to learn to handle safely.
How do I get involved in high-performance boating?
If your family owned a powerboat, there’s a good chance that you might end up owning one someday. Lifelong boat owners typically were exposed to the activity as children. To the outsider, the whole “powerboating thing” can seem intimidating, whereas those who grow up around boats have a hard-coded comfort level with all that boating entails.
Your best bet if you think a go-fast boat appeals to you? Get a ride in one. There are more than a few dealers around the country who can make that happen for you. If you like it, you’ll move forward. If not, move on.
Assuming you like it, you’ll need to take more rides—and we mean a lot of them—with dealers and builders. Don’t be afraid to ask hard questions and don’t be afraid to go elsewhere if the folks introducing you to the go-fast boating world can’t answer them.
How do I learn to drive (and safely handle) a go-fast boat?
Volumes could be written about the progression of go-fast powerboat ownership, but the most simple and solid path is to start small and work your way up.
- For a novice , trying to dock a 50-foot, twin-engine V-bottom in a crosswind, much less run it at speed, would be a horrific and potentially dangerous experience.
- For a seasoned go-fast boat owner , it’s routine—but routine that always needs to be approach with respect and caution. More than a few owners of big, multi-engine catamarans started with a 20-foot V-bottom. And it took them years, as it will take you, to progress up the ladder.
So be patient. Your life and the life of every passenger in your boat depends on it. And get instruction , whether it be from the manufacturer such as MTI or Nor-Tech or an outfit like the Tres Martin Performance Driving School. Listen, learn, ask lots of questions—there are no dumb ones—and take it slowly.
Nothing is without risk. Your job, through a slow progression to experience and competent instruction, is to do your best to minimize it. In time, you’ll be going plenty fast. That’s just what happens when the aquatic speed bug bites.
Explore Go-Fast Boat Brands
You Might Also Like:
- High Speed Holiday
- Boat Buyer's Guide: How to Buy a Boat
- First Time Boat Owners: How to Get Started
- Docking a Boat: Step-by-Step Guide
- Find the Right Boat for Your Lifestyle
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How Much Does a Speed Boat Cost?
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Last Updated on August 23, 2024 by Paul Clayton
Table of Contents
Buying a boat for yourself with all the luxuries and amenities is an exciting prospect. But, if you’re planning to buy a speed boat, one of the biggest hurdles you will face is the cost.
However, let’s face it; nothing cruises the water better than a high-end speed boat . While you can call yourself a boat-owner even if you have a small dinghy, you’ll need to stretch your budget for a speed boat.
Along with that, I hate to break it to you, but a speed boat’s cost does not end with your purchase. You’ll have to pay for many other factors if you’re planning to own a boat for the long term.
So, how much does a speed boat cost? I’ve compiled all the information you need right here, with some famous examples to answer your question. Let’s dive in!
How Much Does a Speed Boat Cost? – Inboard Vs. Outboard
Before we start discussing speed boat prices, you’ll need to know which type of speed boat you want. Mainly, speed boats come in two basic types, inboard, and outboard. An inboard speed boat has its motor fitted inside its exterior.
On the contrary, an outboard speed boat has its engine or motor placed outside its shell. Mostly, this engine stays in the water while the boat is moving.
Most importantly, you won’t find many inboard boats in the market because of the lack of demand. Besides that, even if you own one, you won’t find inboard boat parts from many manufacturers, which means further expenses.
Moreover, inboard boats don’t have much space inside. So if you’re planning to use your boat for family excursions, it’s not the ideal choice for you.
On the other hand, if you choose an outboard boat, not only will you get a wide range of options to choose from, but you’ll considerably reduce your expenses. These boats are easy to maintain, and you can take them out for parties and family getaways in the water.
As for the price, you can get an outboard speed boat for as low as $20,000. But, in the case of inboard speed boats, a simple model can cost you thousands of dollars.
Factors that Determine the Cost of Your Speed Boat
Now, you probably have a basic idea about how much a speed boat is going to cost you. But, you should know that the price level varies along with the brand, model, and size you choose. Here are some factors that might hike up or lower your speed boat costs according to your choice.
Speed Boat Style and Design
The price of your speed boat depends significantly on the design and style you choose. As we mentioned, an outboard speed boat without a cabin can cost you about $100,000, while larger models may come at a higher price.
A basic speed boat or powerboat is excellent for fishing or just cruising around the water. So if these features are enough for you, you can buy a speed boat at an affordable price.
However, if you go for faster and more efficient models, the price can increase by $10,000-$50,000. Even if you consider buying high-performance models secondhand, you should expect to pay around $50,000 to $100,000 for them.
Along with that, there are larger models with wooden interiors and plush seating arrangements. These speed boats are also known as cruisers, and if you buy them brand new, you can get a bill of six to seven figures. Although these models are also available secondhand, it will still cost you six figures if you go for a boat that’s well-maintained and in good condition.
Speed Boat Size
Apart from the design and model, your speed boat size also plays an important role in its price factor. Naturally, if you choose a small boat that accommodates only the driver , you can get it for far less than a cruiser designed for families and groups.
Besides that, smaller speed boats will cost you less in the long run if you take fuel and storage costs into account.
However, not all small speed boat models will fit your budget. Most high-performance speed boats from well-known brands will cost you a lot, even if they’re small in size. You should take all these factors into account while choosing an ideal speed boat for yourself.
Additional Speed Boat Costs
A speedboat is not something you can park in your garage and forget about after you’ve made the purchase. Like when you buy a road vehicle, there are many other costs and expenses involved when you buy a speed boat.
I’ve listed down a few extra factors where you’ll have to pay after you’ve already paid for your boat. Check them out to see if you can really afford to buy a speed boat or not.
Mooring or Docking Charges
You’ve bought a boat. Great. But that doesn’t mean you’re going to spend all your time in the water, does it? Instead, most personal boats spend 50% of their time parked or stored somewhere safely.
This means you’ll have to pay for storage expenses for your boat when you’re not using it. You can park your boat in your garage or on your property if it is small enough.
However, this option is out of the question for larger boats. Mainly because you won’t be able to find a trailer large enough to tow it when you need it, and it won’t fit in your garage either.
For such speed boats, you’ll need to purchase harbor space where you can dock your boat. To find out the rates, you should check with your local marina before you buy a boat. This will help you get an idea about how much the boat will cost you, even when it is not in use.
Usually, docking spaces cost anywhere from $100 to $500 a month, depending on the area you live in and your boat’s size. You can even choose to pay these charges annually, which would mean about $1000-$10,000 a year.
Additionally, if you’re considering parking your boat in a mooring range, you should get a boat lift. This keeps your boat from disintegrating in the water when it’s parked for extended intervals.
Trailer Expenses
On the other hand, if you have a small enough boat to fit in your personal garage or any other property, you will have to invest in a trailer. Personally, I think you should consider this option, as buying a trailer is a one-time expense compared to monthly or yearly docking charges.
You see, while docking your boat in the marine can cost you $2000-$10,000 per month, you can get a trailer in the same price range. However, a trailer is not an option if your boat is too large to tow along with another vehicle.
Mind you, towing your speed boat, big or small, every time you need it is also quite a hassle. If you don’t have a truck or car strong enough to tow your boat to the water, you might need to rent a towing vehicle as well, which might add to your overall costs.
In a nutshell, if you want to choose expense over ease, then docking it somewhere else is a great idea. But, if you want a less expensive option, buy a trailer.
Winterization
Unless you live in a warm area where there is no winter hazard, you won’t be able to store your boat in the water all year. In this case, you will have to pay for winterizing your vessel when the weather starts to get cold.
The process mainly includes draining all fluids and shrink, wrapping your boat before storage. You’ll also need to conduct general maintenance before and after storing your vehicle for the winter so that it is fit for use again.
Average Fuel Costs
This is perhaps the main factor you should consider while buying any vehicle. However, speed boats consume a lot of fuel compared to their counterparts on the road. So, if you’re thinking the fuel expenses for your boat will be the same as your car, you’re mistaken.
Supposing, the price of fuel per gallon in your area is about $2.5. A typical speed boat would use about 20-30 gallons of fuel every hour, depending on its size and engine efficiency. This means, if you’re out in the water for about five hours, you’ll have to spend $300 for fuel.
Now, if you take your boat out once every week, you’ll be spending $1200-$1500 every month and about $15,000 every year. That would be a lot of money if you thought about buying a speed boat as a one-time expense.
Insurance Charges
Did you know that personal boats encounter more than 5000 accidents every year? As you can imagine, expenses, including medical attention and repairs that come after a boating accident can cost you thousands of dollars.
That’s why the safest option is to get your boat insured before using it for recreational purposes. A typical insurance plan can cost you about $100-$500 every year, depending on the type and size of your speed boat.
Getting a License
You cannot drive a boat without a legitimate boating license. To get yourself registered and receive proper training, you will have to pay some money. Although the licensing costs are relatively insignificant compared to your boat’s price, you should still consider it.
5 Speed Boat Cost Examples
One thing is evident: buying and maintaining a speed boat is not for the faint-hearted. But, if you’re still up for it knowing all the extra expenses involved, here are a few examples of speed boats so you can see how much popular models cost.
Bayliner VR5 Bowrider
The Bayliner VR5 is a high-power outboard speed boat and is one of the bestselling models from this brand. It is the ideal speed boat for fishing, cruising, or an occasional ride with the kids. Although it measures only 20 feet in length, the boat has a full-width bench and flip-up center seat to accommodate a small family.
Besides that, this speed boat comes with high-tech stereo speakers and a luxurious interior design great for a sunny day in the water. Additionally, if you’re out fishing, the center flip-up seat can double up as a cooler for live catch and drinks. So you can keep your catch fresh while you spend your hours in the water.
Overall, this boat will cost you $43,000, which is a great price considering its durable construction and attractive features.
The boat comes with a Mercury 200 horsepower MerCruiser® ECT 4.5L MPI Sterndrive (Alpha 1 Outdrive), I/O, but you can upgrade the engine to a maximum of 250 horsepower outboard by paying some extra charges. You’ll need the larger engine if you want to conduct water sports using your speed boat.
Ranger 212LS
This 21-foot outboard speed boat is the ideal choice for fishing and cruising across the water. It’s a relatively small boat but provides the accessibility to complete all your boating tasks while reducing operating costs because of its size.
Along with a small seating bench, the boat has dedicated rod lockers to store your fishing gear. Similarly, it has hidden hatches where you can keep your valuable equipment during your trip. It comes with a 250 XL Pro XS FourStroke Mercury®, enough to take your boat to considerable speeds.
However, this engine power is not enough for water sports like skiing or parasailing.
This boat is priced at $75000 and will cost a little more if you get an engine upgrade.
Chaparral Boats
The 210 Suncoast by Chaparral is one of the most popular and reliable boats you’ll find in the market. This 20-foot speed boat is the ideal choice for water sports, fishing, and other recreational activities.
Due to its sleek and stylish design, the boat has spacious permanent seating benches, combined with a large cockpit. Similarly, it has multiple storage spaces and hatches to keep all your gear safely inside.
Its high-power engine has 150-200 horsepower, which is excellent for water sports such as water skiing and parasailing. Besides that, the engine can take the boat up to high speeds so you can enjoy cruising along the water with your family or friends.
The 20-foot 210 Suncoast costs $40,000, but the model has two larger variations that you can get for a higher price.
Sea Ray SLX 250
The SLX 250 by Sea Ray is a luxurious speed boat complete with all the amenities for people who crave the water. With its elegant interior and stylish exterior, the speed boat provides the boating experience of a lifetime and is worth its price of $90,000.
It has a Grip 6 hull paired with a Mercruiser engine that enables it to travel at unimaginable speeds. Besides that, the seating area is embellished with diamond-stitched upholstery that lets you relax and enjoy the ride to its fullest.
Furthermore, this inboard boat is built with noise reduction technology, so you don’t hear the engine howling in the background while enjoying with your family. The 24-foot boat has an impeccable audio system so you can enjoy your favorite music through Bluetooth or Apple AirPlay.
G3 Boats Bay 20
This 20-foot Bay 20 DLX is a luxury outboard boat for people who want to invest in a moderately-priced boat. It comes at a basic price of $27,000, with a towable trailer included to help you save up on storage expenses.
Moreover, this speed boat is ideal for fishing as it has multiple storage hatches for your gear, a comfortable seating area, and dedicated tackle trays. This way, you can easily access your fishing tackle and also convert the area into a cushioned seat when it’s not in use.
Additionally, this fishing boat has a special fishing seat with a comfortable high back so you can spend long hours in the water. The powerful engine can get your boat cruising at a reasonable speed range but can’t facilitate water sports.
How Can You Buy a Boat on a Budget?
That concludes my list of examples of how much does a speed boat cost . Now, if you’re inclined towards the more expensive ones, and they exceed your budget, you can try out the following ways to buy a speed boat on a budget.
Get Boat Financing
You can get financing for your boat from a bank, a marine dealer, or through special marine lenders in your area. Just like financing a car, you can get your boat financing based on your credit history.
Buy Second Hand
Sometimes, a second hand boat is just as good as a new one, if you choose correctly. You can save up considerably on the purchase price by buying a 2 – 10-year-old boat. Review all the essential parts of the boat to ensure its condition before diving in.
Attend Boat Shows
Consider the boat shows similar to supermarkets. In these shows, all popular marine dealers come out with their best deals and offers. You can get an affordable boat according to your budget quickly if you attend these shows.
Wrapping this discussion up, let’s sum up the final answer to the question, how much does a speed boat cost? Well, if you buy a small, basic speed boat, your purchasing price would be around $60,000-$100,000. In addition, you’ll need to pay about $15000 a year for fuel, $500 for insurance, and $1500 for winterization and storage.
Similarly, if you add on repairs and maintenance, your boat can cost you around $3000 per month, or $3500 every year. If that’s too expensive for you, you can cut some costs by conducting maintenance yourself or storing your boat in your personal space.
In the end, if you get the boating experience you need, it’ll be worth it.
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Average Cost For A Speed Boat: (15 Examples) April 8, 2024. Buying a boat is always an exciting venture. Add in the sleek, attention-grabbing luxury of a speedboat, and the prospect becomes even more appealing. The main hurdle for the average adventurer is the cost, which can average around $20,000-$60,000 or more depending on size and age.
How Much Does a Speed Boat Cost? A Complete Breakdown If you're looking to treat yourself to a new purchase, one of the best ways to do so is by buying a boat. If you're an adrenaline junkie, you may be interested in purchasing a speed boat. But, how much does a speed boat cost? Below, you'll find a complete breakdown of the cost of speed boats and the numerous factors that determine the price.
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High Performance boats pricing. High Performance boats for sale on YachtWorld are available for a variety of prices from $12,932 on the more modest side up to $4,063,000 for the bigger-ticket vessels. When evaluating your budget and the listed price of a yacht for sale, it is crucial to factor in the cost of ownership.
Speed boats come in a variety of shapes and sizes, different performance characteristics, and other extra options. If you are in the market looking for an appropriate speed boat with the performance and aesthetics that fit your needs, where would you start and how much does a speed boat cost exactly?
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The Best Speed Boats of 2024 Do you fancy yourself as a modern day Don Aronow? Check out these muscle boats designed to get your pulse racing.
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Ski boats are speed boats that are designed for fun on the water. They are generally small (between 16 and 27 feet long) and quite fast. Their cost can be anywhere from $30,000 to over $150,000.
34.9 feet (10.6 m) 2018. Once you decide to purchase a speed boat, you should be prepared for its high price since you can't find a new one under $75,000. Modern models that reach high water speeds cost at least $350,000, but their prices vary significantly. In fact, they will depend on a few crucial features, including the type, model, and ...
There are a wide range of High Performance boats for sale from popular brands like Skipper-BSK, Formula and Fountain with 1,032 new and 1,162 used and an average price of $149,779 with boats ranging from as little as $8,360 and $2,842,736.
Serial boat owner and self-confessed adrenaline junkie Elliott Maurice picks out 6 of the fastest boats available on the market…
The cost of a speed boat can vary significantly based on several factors, including size, brand, features, and overall quality. Entry-level small speed boats can range from $10,000 to $30,000, while luxury speed boats equipped with high-end amenities can exceed several million dollars.
How much do yachts cost? Let's look at yacht prices per size: SELECT 40-feet, 50-feet, 60-feet, 70-feet, 100-feet. These examples will quickly guide you.
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The bad news? They're all expensive—think $120,000 and up for a new go-fast powerboat. At the highest of the high end, something on the order of, let's say, a 50-foot enclosed-cockpit, all-carbon-fiber catamaran with twin 3,000-hp turbine engines and 200-plus-mph capability, you're looking at more than $1 million.
Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht. For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year. Obtaining quotes from various providers is essential.
Superyachts vary hugely in size, from 100 feet to the largest at 590 feet in length. Cost of Owning a Superyacht. Buying a superyacht is one thing, keeping it running is quite another.Where the industry once used the figure of 10 to 12 percent of the price of the boat in running costs per year, today that figure has risen to closer to 20 percent, according to Insure4Boats.
How much does a speed power boat cost? A used speed power boat on TheYachtMarket.com ranges in price from £900 GBP to £1,270,000 GBP with an average price of £142,000 GBP. Factors including the condition, age, model and specification will affect the price of a speedboat. Used Power Speedboat for sale from around the world.
Generally, the average speed boat cost is around $20,000. But depending on the size and model, the price of speedboats can reach up to $50,000. Hence, in this post, I will cover all information related to the recent average speed boat price, elements influencing the cost as well as other knowledge to help boaters buy a speed boat at a good ...
The world of go-fast boats is one like no other. High-performance boats are extremely fast and extremely enticing—and once the aquatic speed bug bites, you'll never be same. Learn more about different go-fast boat types, costs, and how to get started.
Speed boats can cost as little as $20,000, dare I say used, and upwards of $1,500,000. On average, expect to pay around $250,000 for a basic model and in excess of $750,000 for something upscale. Many factors affect prices, such as the type, speed, size, and added amenities that may interest you.
So if these features are enough for you, you can buy a speed boat at an affordable price. However, if you go for faster and more efficient models, the price can increase by $10,000-$50,000. Even if you consider buying high-performance models secondhand, you should expect to pay around $50,000 to $100,000 for them.
Powerful Motor---The racing boat is equipped with 390 electric brushed motor, which has the powerful motivation to start quickly and its speed can reach 20MPH(30KM/H). Flexible steering rudder and two spare paddle blades help your rc boat fast turns even can use this boat to create shapes or even write your name.