BoatCostReal ownership math

Virginia · Bay boat

What does a bay boat cost in Virginia?

Planning defaults for Virginia: wet slip about $20/ft/month, 8 months in the water, gasoline around $3.25/gal. Most of this bill shows up whether you launch or not.

Boat
How you pay
Where you keep it
How you use it

All-in monthly

$1,097

$598 per outing

Most of this bill shows up whether you launch or not.

Fixed

$9,029/yr

$752/mo

Variable

$4,133/yr

Fuel + maintenance

Year-5 equity

Estimated value $36,250 vs loan balance $31,301.

Principal & interest$7,670/yr
Insurance$1,073/yr
Slip / storage$250/yr
Winterization$0/yr
Registration$36/yr
Fuel$1,533/yr
Maintenance$2,600/yr
Annual total$13,162/yr

Cruise burn 7.9 gph at $3.25/gal. SFC estimate, not a sea trial.

Results travel with the URL.

Questions

How much is a bay boat in Virginia?
This page starts from a 22-foot bay boat at $65,000 with Virginia slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in Virginia?
Virginia is modeled with 8 months in the water. Wet-slip cost uses $20/ft/month.
Is insurance different here?
The insurance estimate is a percentage of price times a Virginia multiplier of 1.1. Replace it with a local quote when you have one.

Other boats in Virginia

Bay boat cost in other states