jovial_cynic
Veteran Member
- Joined
- Aug 20, 2017
- Messages
- 83
- Location
- USA
- Vessel Name
- Zorro Del Mar
- Vessel Make
- 1972 Tollycraft Tri-Cabin
When I've done my calculations, I've often forgotten about the cost of moorage and insurance... but in the opposite way that most people forget about it. We're *already* paying for moorage and insurance on our 40' Tolly, and getting into a liveaboard situation with a larger boat isn't going to increase the moorage and insurance cost significantly. We aren't starting from $0.
With $8/ft at the local yacht club, I'm only adding $100/month to my moorage costs, and the insurance goes up about $150/month. Since I'm already budgeting for the existing boat, my other increased costs are the periodic haulouts (longer, heavier boat), the hull scrubbing (which I am considering doing myself anyway), higher fuel consumption, and larger engines, which I suppose means an increased cost in oil and maintenance. And in the case of needing to replace a propeller or something, some larger costs there. But again - I'm not comparing the costs against $0... I'm comparing them against my current expenses. And this seems within tolerance, as far as I can tell.
With $8/ft at the local yacht club, I'm only adding $100/month to my moorage costs, and the insurance goes up about $150/month. Since I'm already budgeting for the existing boat, my other increased costs are the periodic haulouts (longer, heavier boat), the hull scrubbing (which I am considering doing myself anyway), higher fuel consumption, and larger engines, which I suppose means an increased cost in oil and maintenance. And in the case of needing to replace a propeller or something, some larger costs there. But again - I'm not comparing the costs against $0... I'm comparing them against my current expenses. And this seems within tolerance, as far as I can tell.