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How Much Is a Yacht?

How Much Is a Yacht?

If you dream of yachting, the price can be a major sticking point.

Getting a good idea of what you’ll pay has everything to do with what type of experience you’re seeking.

We take a look at some of the specifics so you can get an idea of how much a yacht is.

Let dive in!

What’s the Difference Between a Yacht and a Boat? 

Though the terms yacht and boat get used interchangeably, there are differences you should note. For starters, a yacht is always much bigger than a boat. Size, crew, propulsion, and the vessel’s operation are good defining factors when determining the difference. 

A yacht can be anywhere from 30 to 160 feet or more, and your typical boat ranges from 15 to 30 feet. You can run a boat with just one captain at the helm, while a yacht often requires a whole crew. 

A boat can use human power through rowing, sail with the wind, or utilize one or more motors when it comes to propulsion. While you can have a vessel that depends on wind or a combination of wind and engine power, a sizable yacht depends on a much larger engine with far more horsepower than a boat could handle.

They’re more durable than boats, so they can also operate in deeper, larger, and more turbulent waters. 

Pro Tip: Need a fun place to park your yacht? Try out one of these 7 Best Florida Beaches.

What’s the Size Range for Yachts? 

They can range from 30 to 160 feet or more. When you have a craft longer than 160 feet, you move into the superyacht or megayacht classification.

They also vary in use, style, and hull type. 

Woman posing on the helm of a yacht.
Sail the seven seas on a stunning yacht.

How Much Is a Yacht?

When you’re seeking out some ballpark figure for purchasing a yacht, consider some key criteria. Yacht prices can range anywhere from a couple hundred thousand dollars up to millions, depending on size and capabilities. 

How Much Is a 20-40 Foot Vessel?

This is the smallest classification, as a yacht is usually more than 30 feet. Regardless, if you’re looking to purchase a basic 20-40 footer, you’ll have to save up some dough. You may find a used one on sale, making them a more attractive purchase for first-time buyers.

Expect to pay around $200,000 at the lowest, and a bit more if you purchase a brand new vessel. 

How Much Is a 40-60 Foot Yacht?

You should always consider the cost of operating and maintaining a yacht before you jump into purchasing one. If you’re trying to buy a used 40-60 foot yacht, you’ll face a price range starting around $200,00-$300,000.

Of course, buying new, getting upgrades, and adding customizations can drive the price into the millions. 

People sitting on a yacht.
Depending on the size of the yacht, prices will vary.

How Much Is a 60-80 Foot Craft?

As the size increases, so does the price. A 60-80 foot yacht places you in the category of needing a whole crew to run the vessel safely.

You’ll pay $2-$5 million for a new ship in this size range. 

How Much Is an 80-100 Foot Yacht?

If you’re looking for a sturdy and well-built 80-100 foot yacht, get ready for the sticker shock. A vessel this size starts at $2 million used.  Purchasing a brand new ship of this size could cost anywhere from $10-$100 million, depending on its features and capabilities. 

How Much Is a 100+ Foot Ship?

Gather up around $10-$20 million to start the hunt for your own 100+ foot yacht. Then, you should consider the cost of operating the vessel.

It costs a lot of money to keep a ship that size in good working order. 

Woman posing on a yacht.
On average, buyers will pay around $275 million for a yacht.

How Much Is the Most Expensive Yacht? 

Large, high-end vessels (or superyachts) can have a massive swing in pricing. On average, buyers will pay somewhere around $275 million or more for a well-run, high-tech vessel.

That price range is nothing compared to the cost of the world’s most expensive yacht. Robert Knok’s History Supreme comes in at $4.8 billion. 

It’s 100 feet long and sports around 10,000 kilograms of solid gold and platinum. The deck, rails, staircases, and even the anchor are finished in gold and platinum. It also has T-Rex bones, a meteorite rock wall, and a liquor bottle with an 18.5 carat diamond on its top.

Pro Tip: Yacht not your style? If an RV is more up your alley, this is How Much RVs Cost.

How Much Is the Cheapest Yacht? 

If you’re looking to spend a little less, there are some models for sale that fit a modest budget. Smaller vessels typically start around $200,000 new, and you could likely find a lower price tag on a used one.

There’s no hard line that marks when a boat is considered a yacht, so you could go a little smaller to find a more affordable option.

How Much Is It to Charter a Yacht? 

Chartering is always an option if you don’t want the financial responsibilities of running and maintaining your yacht. You’ll have to consider where you want to go, how many people you’re taking on your trip, and how long you’ll want to keep the vessel.

You have to staff it, and different companies come with varying methods of pricing. 

Sometimes you’ll pay by the hour. Sometimes you’ll pay by the day, and sometimes you’ll pay per person. Researching the specifics of your needs will be the best way to find out how much you’ll pay to charter.

You can rest easy knowing it costs a lot less than purchasing one. 

Is Owning a Yacht Worth It? 

Deciding whether or not it’s “worth it” is up to the buyer. You know best what you can truly afford, and you know best what you intend on getting out of the ownership.

Overall, make sure you fully understand the broad scope of the costs before you invest all those zeros.

Would you ever get a yacht?

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