BoatCostReal ownership math

New Mexico · Bowrider

What does a bowrider cost in New Mexico?

Planning defaults for New Mexico: wet slip about $10/ft/month, 8 months in the water, gasoline around $3.20/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

$949

$569 per outing

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

Fixed

$7,511/yr

$626/mo

Variable

$3,877/yr

Fuel + maintenance

Year-5 equity

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

Principal & interest$6,490/yr
Insurance$743/yr
Slip / storage$250/yr
Winterization$0/yr
Registration$28/yr
Fuel$1,677/yr
Maintenance$2,200/yr
Annual total$11,388/yr

Cruise burn 10.5 gph at $3.20/gal. SFC estimate, not a sea trial.

Results travel with the URL.

Questions

How much is a bowrider in New Mexico?
This page starts from a 20-foot bowrider at $55,000 with New Mexico slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in New Mexico?
New Mexico is modeled with 8 months in the water. Wet-slip cost uses $10/ft/month.
Is insurance different here?
The insurance estimate is a percentage of price times a New Mexico multiplier of 0.9. Replace it with a local quote when you have one.

Other boats in New Mexico

Bowrider cost in other states