There are several factors that will affect the cost of a boat. Firstly you will need to determine what type of boat you are buying after which it will be a choice between buying used or new. Each will have its own benefits and drawbacks, both short and long term.
The boat price range will also depend on the time of year during which you buy. The same boat, priced at off-season and during full-swing boating season, may have a price that differs by 5%-15%. This can mean a difference of thousands, depending on what type of boat is being shopped.
Other factors that influence the pricing for boats will be the age, the features, the condition, and whether it is being bought from a dealer or a private party. All other things being equal, a boat will generally be cheaper when bought from a private party than from any sort of dealer or marina.
Many first-time boat buyers find themselves wondering if they should buy a new boat or a used boat. There are several benefits as well as drawbacks for both. Depending on your time and resources, there may be a clear-cut best choice for you, or you may still have to do some thinking.
While the used boat market will definitely save you money initially, which can be incredibly powerful when shopping, you may ultimately find that the boat maintenance cost that you experience is more than initially expected.
This will fluctuate in accordance with the level of care that the previous owner or owners maintained. If you are more budget-conscious, however, a used boat may be best since you can save later by doing your own repairs.
If you have more money than time or patience, the new boat cost may not be that offputting, since it may ultimately mean less repair cost and shop time during the term of ownership. Bear in mind, however, that buying a new boat will not relieve you of routine maintenance like oil changes.
Just like with other vehicles, boats come in different sizes and styles , which affects the boat price. If you are looking for a fishing boat, expect to spend more than a canoe. If you really like the 24’ model over the 22’ model, understand that your sticker price will likely be higher for a base model.
Before you make any final decisions about the size and style of boat you are going to start shopping for, make sure you think hard about how it will be used in the future.
If you plan to take a lot of guests out, make sure you have the capacity for that. If you will only ever take out a maximum of 3 or 4 people, there’s no need to spend a robust sum on something that has 8 seats, when a medium-sized boat will suffice.
Always remember not to buy beyond your experience level. If you are a new boat owner, ideal boats are most likely going to be 15’ to 18’ in length and have a modest engine.
If you get a boat that you aren’t ready to operate in the hopes that you’ll “grow into it” you can be putting yourself in a dangerous situation. Bigger boats also mean increased boat mooring costs.
One of the things that will have the biggest impact on the price of a boat is the feature set that it is equipped with. Boats can have a surprising amount of features, upgrades, and tech gadgets that can add significantly to the cost.
Some of the features that affect the average boat price include cutting-edge chartplotters, built-in media systems, specialty (often LED) lighting, battery chargers and maintainers, swim or diving platforms, hydraulic steering , autopilot functionality, and GPS position holding.
Higher-end boats may even feature additional comfort or even luxury features that greatly increase the boat cost.
This can include things like joystick steering controls, vacuum head systems, custom flooring, countertops, or finishes, satellite weather systems, and even climate-controlled cockpits and cabins.
In many areas, particularly those that incorporate leisure watersports or sport fishing, rental boats may be available. This can be very convenient for those who do not own a boat and can allow you to get out on the water with only the most minimal investment in boat costs.
Some of the upsides to renting a boat include never having to worry about the costs of owning a boat or the time investment of maintenance that the boat will require. This is the perfect option for those who may only get out on the water a couple of times per year, and it removes the burden of off-season storage.
There are some downsides to renting, however. With rentals, don’t have to pay for the cost of boat ownership, but you may not be guaranteed to get the boat that you want, even with reservations. You also generally rent very basic boats that are limited in range and ability. Some rental locations also do not allow nighttime navigation, which can be restrictive.
Boating costs $1,000 to $6,000 in expenses yearly, on average. The costs of owning a boat don’t end with the price of the boat and the first tank of gas. There are significant costs associated with owning a boat, some are costs like taxes and registration that you would have on any vehicle, and some are going to be unique to boating.
If you don’t plan ahead for a lot of the boat ownership costs it can end up costing you more in the long run. Some of the additional things that many beginners don’t think about include:
Boater education is incredibly important for the safety and enjoyment of your boating experience. Taking a formal boater education course ensures that you have the foundational knowledge needed to safely and effectively operate your boat. It can also save you a bit on your boat insurance.
Too many first-time boat owners assume that if they buy the boat and are exempt or not required to have a license, that they can just go out and boat.
Many states do not require boater education, but there are also many that do, and if you test and get certified by a NASBLA body, you can use the certificate anywhere.
Requirement : Essential for safe operation Frequency : One time Cost : <$100-$500
Just like your other vehicles, you’ll need to register or license your boat . The fees and process will vary greatly by state, but the fees range from around $20 up to over $200. They will often be determined by the type of vessel and its length, as well as the length of time that the boat is registered for.
Once registered, you will receive some type of registration proof to keep with your vessel. You will also be assigned a registration number that you will need to affix to the bow of your boat with reflective stickers.
Requirement : Required for all powered boats Frequency : Varies by location, from yearly up to lifetime Cost : $20 to $200
Just like everything else in life you will need to pay taxes on your boat. The severity of this tax obligation will depend heavily on where you live. The feds won’t take a cut, but you will need to pay the state as well as any local taxes owed.
The sales tax will only be paid once, and that will happen at the point of sale. The other types of tax that may apply are a use tax, if you somehow avoided paying sales tax, this will be paid to the jurisdiction where the boat is most often used. The personal property tax is the one that will hit you every year, just like any other vehicle.
Requirement : Mandatory for all boats Frequency : Yearly Cost : Varies by location
All boats will need maintenance , which should be expected as part of the cost of owning a boat, regardless of the size or type. However, maintenance costs are one of the costs that can be largely avoided by renting.
If you own your own boat, you will need to plan for maintenance items to be taken care of before and after each outing, some maintenance that will only need to be done a few times per year if you are really active boaters, and some maintenance that is only going to be needed on a seasonal basis.
You will need fresh water flushes, oil changes, steering system inspections and maintenance, deck and seat cleaning and maintenance, hull inspections, propeller inspection and replacement, potential anchor replacement, and more.
Good operation and preventative measures can minimize abnormal maintenance costs.
Requirement : Required on all boats Frequency : Routine and seasonal Cost : $1,000-$6,000
Fuel cost is something that can creep up on you if you don’t stay aware of your boat’s fuel situation. Operating a boat uses fuel, just like any other vehicle. The fuel cost for your boat will be measured in a similar fashion to your car or truck.
Some small, single-person boats can keep an angler on the water all day on just 1-2 gallons of gas or less. Small rental fishing boats may have a 5-gallon tank which is more than enough for them, while the same amount of gas in a boat meant for towing waterskiers or tubes will burn that gas much faster.
Estimate your fuel cost ahead of time by making sure that you are familiar with the consumption rate of your boat. You can also save gas by keeping the revs lower and learning how to properly adjust your trim. Fuel costs may be included in your monthly marina cost as well if you lease space with one.
Requirement : Required in all powered boats Frequency : As needed Cost : Current gasoline market value, plus oil depending on the engine
When you own a boat, unless it’s a relatively large boat that cannot be transported personally, you will need a vehicle to tow it and a trailer to put it on. These are essential for nearly all boat owners, though many will not buy a boat if they have to way to move it.
Your trailer must be capable of carrying the weight of the boat and any other cargo on the boat at the time of loading. Trailers must also be frequently inspected to ensure safety and functionality, and in most states, your trailer must be registered just as any vehicle, which can be its own annual expense.
Requirement : Required for all powered boats Frequency : Once Cost : Varies, some boats include, otherwise avg. $3,000
Requirement : Requirement Frequency : Once Cost : N/A
When you own a boat you need to protect it, and that means taking out an insurance policy on it. This ensures that if something were to happen to the craft that it would be covered. It is generally illegal to operate a boat without current insurance on it.
Getting insurance on a boat can be a relatively cheap task, particularly if you’ve taken the time to finish a boater safety course and obtain your safety certificate. Most insurance policies for boats will only cost between $20 and $50 per month for average vessels.
Insurance is also vital protection in the event that someone else is injured on your boat. Without insurance, you could face personal liability in the event that something were to happen while passengers were aboard.
Requirement : Required Frequency : Monthly/Quarterly/Yearly Cost : $20-$50 per month
In most areas, the boating season is only so long and when the weather starts to get cooler it’s often seen as the time to get the boat ready for storage. In many cases with smaller boats, they can be easily over-wintered in the owner’s garage if proper precautions are taken.
Boat owners can also rent an off-season storage space in a facility that will keep them secure and tended. Boats have batteries that must be maintained with charging, and unattended boats are the perfect place for pests and vermin to start to gather.
Having someone manage that for you can take a lot of stress and clutter out of your garage or storage unit. Indoor storage is often more than $50 per square foot of space needed, while outdoor storage can run about half of that.
Requirement : Required in all but equatorial regions Frequency : Yearly Cost : $525-$200 per square foot
This is essential for those who live in areas where you will be boating often and will not want to trailer your boat from storage to the launch each time. If there is a marina nearby, you can often rent or lease a boat slip to park your boat in during the season.
They frequently charge by the size of the boat and the amenities requested, like charging or freshwater supply. Not only do they allow you to keep your boat ready to go out at a moment’s notice, but they often are well-secured and safer than other storage locations.
Requirement : Optional Frequency : Monthly/Yearly Cost : $50-$1,000 per month
When planning to buy a boat, safety gear should always be considered part of the overall purchase cost.
Paddles, life jackets, signal flares, a horn, and many other things are important to have onboard before you hit the water in your boat for the first time.
In fact, there are some items that are required for you to have at all times.
Required safety equipment:
Additional accessories, like lighting, watersports equipment, and stereos are a fun addition to your boating experience, although they aren’t required. If your equipment budget is limited for now, you can always purchase the necessities and add exciting upgrades as you are able to.
Requirement : Some safety equipment is required Frequency : As needed Cost : $500
As you can see, there is a lot more to boat ownership than just buying a boat. The first-time boat buyer, buying a new boat with a trailer for a modest $15,000, and towing it with their existing vehicle, can still expect to spend more than an additional $5,400 the first year alone, expecting minimal maintenance on a new boat.
Buying a used boat may save you on the initial purchase price, but depending on how the last owner treated her you may be in for a lot of shop time.
If you are not a first-time boat owner and you’re looking to try and estimate your yearly ownership costs on a bigger, more expensive boat, there are a few ways you can ballpark that estimate. The most popular is a yearly cost of ten percent of the purchase price, before adding in seasonal storage, which can easily double that number.
Boat price: $15,000 Education: $100 Licenses: $100 Taxes: $30 Maintenance: $1,500 Fuel: $200 Trailer: $0 Towing vehicle: $0 Insurance: $300 Winter storage: $2,500 Mooring: $240 Equipment: $500
If your annual boat maintenance costs you $2,400, for example, that would make your monthly burden about $500.
You can frequently rent a simple fishing boat for around $400 per 8 hour day, while a pontoon boat may run twice as much, plus fuel.
If you rent a boat slip from a marina, you can expect to pay between $100 and $1,000 per month, depending on your boat.
Your maintenance costs will vary depending on boat use, but it will be a significant portion of the yearly cost of ownership.
The average cost of boat ownership for most fishing or pleasure crafts will be between $1,000 and $6,000 per year.
Plan on a yearly cost of around 10% of the value of the boat, so a $10 million dollar yacht will cost about one million per year.
Some used boats can be on your trailer heading home with you for a couple of hundred bucks, some others a couple of thousand.
Some of the biggest private boats, like large yachts, can cost more than $1,000,000 for every foot of total boat length.
Small boats, like jon boats or small bass boats, may only cost a few hundred if bought used on the private market.
This will depend greatly on what type of boat you want and what it’s going to be for, the basic boats start around $1,000.
Depending on what you’re looking for in your riverboat you may be able to pay as little as $12,000, though they do go for $40,000 or more in some cases.
A speedboat can frequently be found used for around $30,000 without a cabin. Larger or more powerful boats may have a cockpit.
A run-of-the-mill motorboat will cost you, on average, between $10,000 and $20,000 with more extravagant models going for much more.
The average mid-range cabin cruisers will cost about $250,000 and budget models at about half that amount.
Fishing boats can commonly be found for around $10,000, increasing significantly with features and options.
The average ski boat will set you back about $150,000, for a common and relatively basic model with average features.
Sailboats range quite a bit in their price, being found on the used market for $20,000 while new ones can cost $80,000 or more.
Some basic yachts can be found for $250,000, though most new luxury yachts will cost up to $1 million per foot in length.
Bass boats can range in cost greatly, from budget models starting around $10,000 to high-end tournament fishing boats for $70,000.
If you are looking for a bay boat, you can reasonably expect to pay at least $10,000 for a relatively capable craft.
Some of the more basic bowrider boats will cost $15,000 new, with longer boats or more feature-dense crafts reaching $50,000 or more.
Used center console boats are available on the private market for around $10,000, while premium models and features can cost tens of thousands more.
New convertible boats can be obtained for as little as $14,000-$15,000, while some models and options packages will push the price well over $50,000.
The market for power cruisers isn’t cheapest by any means, and a new power cruiser will often be around $100,000 for a relatively basic vessel.
Even the most basic cuddy cabin bought new will cost around $50,000, with options and features boosting the price from there.
Buying a new deck boat will cost you at least $20,000 for basic models, with more powerful or extravagant models pushing $60,000 and more.
Most flats boats can be found for around $25,000-$30,000 from major names, with some being under $10,000.
New performance powerboats have an average price of around $80,000, however, the average used boat prices are far lower and hover around $30,000.
The average cost of a houseboat is usually around $50,000, but you should double-check the marina policies to ensure houseboats don’t incur larger docking costs.
For more robust inflatable boats, the average cost is going to be about $1,000, with a range of a few hundred dollars to either side, usually.
If you like cheap boats, a jon boat is perfect and you can usually buy one used for around $500, with brand new boats going for around $1,000 or more.
If you are looking for brand new boats, the average boat cost for a pontoon boat will be between $18,000 and $50,000 in most cases.
If you’re looking for a catamaran the average cost of a boat that has been used is around $35,000, and upwards of a million for more serious crafts bought new.
Runabout boats are incredibly popular and they can start at around $12,000 for a basic starter and up to $80,000 for more opulent crafts.
Lots of people considering buying a new boat are looking into trawler-type boats and even used they can cost around $13,000.
If you are in the market for a walkaround boat, you can plan to spend about $8,000 for a used one on the open market.
Robert Owens is the Chief of Content of Quicknav. Robert has been boating for over ten years and loves to share his experience on the water. His first boat was a dirt-cheap moderately beat up 2003 Bayliner 175, where he learned a tremendous amount about trailering, launching, docking, operating, and maintaining. He currently owns a Cruiser Yacht and is eyeing a sailboat.
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Listed below are used yachts for sale worldwide from 41 to 50 feet. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including motor yachts, trawlers, express cruisers, sportfish yachts, flybridge yachts, center consoles, sailboats and everything in between. Search top brands like Sea Ray, Ocean, Tiara, Grand Banks, Riviera and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.
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466 luxury yachts for sale from around the world
How much do yachts cost? Let’s look at yacht prices per size.
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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.
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 .
Price: $895,000
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!).
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.
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.
How much is a large yacht? Let’s step up to 60 foot.
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:
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.
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:
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.
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 .
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,
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%.
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.
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:
Just to name a few amenities. They are truly the epitome of the elite.
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.
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:
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.
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.
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!
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:
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:
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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Yachts come in all styles and sizes, ranging from 65′ (20m) to over 328′ (100m) in length, including 100ft (30m) , 150ft (45m) , 160ft (50m), 200ft (60m) and much larger mega yachts . From motor yachts designed for coastal cruising and island hopping to sailing yachts made to circumnavigate the globe, there is a yacht for everyone. Northrop & Johnson offers a range of all types of luxury yachts for sale, including displacement and semi-displacement motor yachts, ice-class explorer yachts, pleasure cruisers, sportfish yachts, and sloop and ketch-rigged sailing yachts. You also may prefer to build a yacht from your favorite shipyard.
Whether you are looking to buy a motor yacht, classic sailing yacht, superyacht or mega yacht, our team of yacht brokers will help you find the perfect vessel. If you’re just getting started in your superyacht search, use our website to browse thousands of new and used yachts for sale around the globe. But, don’t stop there. Contact a Northrop & Johnson yacht broker today and get access to more luxury yachts not publicly advertised for sale.
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LOS ANGELES (KABC) -- A special session of the California Legislature is scheduled to resume Thursday in Sacramento, where lawmakers are expected to consider Gov. Gavin Newsom's proposal aimed at preventing drastic gas price hikes and supply problems.
The governor's plan would also authorize the California Energy Commission to require refineries to plan to resupply fuel during scheduled maintenance.
Newsom believes a lack of reserves is the reason for price spikes at the pump.
The proposal is opposed by Assemblyman Joe Patterson, who has served as vice chair of the state's Utility and Energy Committee for the past 12 years, and other Republicans.
Critics of the plan say it would create gas shortages and force refineries to hold on to fuel that would typically meet market demand.
"Let's be clear: It's not price gouging that's driving up gas prices," Patterson said at a news conference. "It's policy choices made here in Sacramento that adds to the cost. The difference between us and the national average is just about the same amount of our taxes and fees that we have here in California."
At a hearing at the state capitol on Wednesday, lawmakers, economists and other witnesses discussed whether the oil and gas industry wields too much power in California, as well as the state's efforts to move toward renewable energy.
Before the hearing, Republican lawmakers introduced their own package of bills that they say will reduce gas prices -- including suspending the California gas tax for a year and issuing $100 rebates for car owners who use gas.
Meanwhile, the average price of a gallon of self-serve regular gasoline in Los Angeles County dropped 1.2 cents Thursday to $4.595, a day after dropping a half-cent.
The average price is 2.1 cents less than one week ago, 2.9 cents more than one month ago, but $1.432 less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.899 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped 1.5 cents to $4.518, a day after rising eight-tenths of a cent.
It is 2.6 cents less than one week ago, 2.6 cents more than one month ago, but $1.504 less than one year ago. The Orange County average price has dropped $1.945 since rising to a record $6.459 on Oct. 5, 2022.
The national average price rose nine-tenths of a cent to $3.224, a day after rising 1.2 cents.
It is 1.8 cents less than one week ago, 18.7 cents less than one month ago and 65.6 cents less than one year ago. The national average price has dropped $1.792 since rising to a record $5.016 on June 14, 2022.
KFSN-TV and City News Service contributed to this report.
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Beam 2.90 m. $ 30 000. 15:43 13.03.2021. If you are planning to buy a yacht in the USA, 2yachts can offer you a wide variety of proposals for the sale of pleasure boats. Visitors to our website can filter offers by cost, type of yacht, region of sale and other criteria.
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So how much does it cost to buy a yacht on average? In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. This average selling price represents all pre-owned boats from 40-feet to 100-feet, power (not sail), and sold in the Southeastern United States, including the large ...
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Listed below are used yachts for sale worldwide from $200,000 - $400,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between.
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An average 20' boat used can often be found for between $10,000 and $20,000. The same boat bought new would likely be $40,000 to $60,000. One of the biggest factors that will impact the price is the style of the boat, with the length of the boat figuring heavily as well. Buying used boats will always save you money getting the boat into your ...
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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.
Generally speaking, a mid-level 40-foot yacht will cost around $200,000 but of course this number could be smaller or larger depending on the above factors. For example, a Cutwater 32ft Command Bridge has a starting price of nearly $400,000, whereas a brand new 46ft Ranger Tug Sedan starts over $1 million.
Yachts come in all styles and sizes, ranging from 65′ (20m) to over 328′ (100m) in length, including 100ft (30m), 150ft (45m), 160ft (50m), 200ft (60m) and much larger mega yachts.From motor yachts designed for coastal cruising and island hopping to sailing yachts made to circumnavigate the globe, there is a yacht for everyone.
As a point of reference, the US Boats Group market index revealed that the average price of a yacht in 2023 was approximately $1.5 million (56-79 feet). To give you a better understanding of yacht prices, we will provide a breakdown of different yacht segments, including small yachts, mid-size yachts, and larger yachts. Quick Links: Cost of ...
The annual running cost of your yacht will depend on the size of yacht you purchase, the number of crew onboard and even the style (sailing yacht, motor yacht, catamaran yachts, etc.). A good rule to keep in mind is 10 - 20% of the purchase price of the yacht is what it will cost annually to maintain it. So, if you buy a $30 million yacht, it ...
The national average price rose nine-tenths of a cent to $3.224, a day after rising 1.2 cents. It is 1.8 cents less than one week ago, 18.7 cents less than one month ago and 65.6 cents less than ...