BoatCostReal ownership math

District of Columbia · Bowrider

What does a bowrider cost in District of Columbia?

Planning defaults for District of Columbia: wet slip about $26/ft/month, 8 months in the water, gasoline around $3.40/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

$975

$585 per outing

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

Fixed

$7,714/yr

$643/mo

Variable

$3,982/yr

Fuel + maintenance

Year-5 equity

Estimated value $30,673 vs loan balance $26,486.

Principal & interest$6,490/yr
Insurance$924/yr
Slip / storage$250/yr
Winterization$0/yr
Registration$50/yr
Fuel$1,782/yr
Maintenance$2,200/yr
Annual total$11,696/yr

Cruise burn 10.5 gph at $3.40/gal. SFC estimate, not a sea trial.

Results travel with the URL.

Questions

How much is a bowrider in District of Columbia?
This page starts from a 20-foot bowrider at $55,000 with District of Columbia slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in District of Columbia?
District of Columbia is modeled with 8 months in the water. Wet-slip cost uses $26/ft/month.
Is insurance different here?
The insurance estimate is a percentage of price times a District of Columbia multiplier of 1.12. Replace it with a local quote when you have one.

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