3 Year Cost of Ownership

3 Year Cost of Ownership

Let’s do some math.

calculatorWhen we take the real costs of owning a boat and put it into a spreadsheet next to the cost of PYC Membership, there’s really no comparison. Here, we’ve taken a conservative look at owning a 35′ yacht in Newport Harbor vs. PYC Membership, and it’s blown their ships out of the water. What’s even more impressive, is that these figures are for only one boat, and as a PYC Member, you get three to choose from for the price of one.

3 Year Cost of Owning a Boat

Slip Rental– Newport Beach (35’ x $30/ft)

Insurance P & L and Hull  ($150,000 x .05)

Property Tax ($150,000 x 1% = $1500)

Maintenance 5% a year estimate

Yacht Wash down & Cleaning

Bottom Cleaning

Payments ($100,000 loan @ 3% for 10 years)

Totals

Total Paid over 36 Months as Owner

Per Month

$1,050

$   625

$   125

$   625

$   100

$    50

$   966

$ 3,541

Per year

$12,600

$  7,500

$  1,500

$  7,500

$  1,200

$     600

$ 11,592

$ 42,492

$ 127,476

3 Year Cost of Pacific Yachting Club

Initial Membership

Monthly Dues ($590/mo x 36 mo)

Total Paid over 36 Months as PYC Member 

$   5,900

$ 21,240

$ 27,140

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