BoatCostReal ownership math

Tennessee · Cabin cruiser

What does a cabin cruiser cost in Tennessee?

Planning defaults for Tennessee: wet slip about $12/ft/month, 8 months in the water, gasoline around $3.10/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

$3,985

$2,391 per outing

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

Fixed

$32,194/yr

$2,683/mo

Variable

$15,625/yr

Fuel + maintenance

Year-5 equity

Estimated value $122,691 vs loan balance $105,942.

Principal & interest$25,960/yr
Insurance$3,135/yr
Slip / storage$3,072/yr
Winterization$0/yr
Registration$27/yr
Fuel$6,825/yr
Maintenance$8,800/yr
Annual total$47,819/yr

Cruise burn 31.5 gph at $3.10/gal. SFC estimate, not a sea trial.

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Questions

How much is a cabin cruiser in Tennessee?
This page starts from a 32-foot cabin cruiser at $220,000 with Tennessee slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in Tennessee?
Tennessee is modeled with 8 months in the water. Wet-slip cost uses $12/ft/month.
Is insurance different here?
The insurance estimate is a percentage of price times a Tennessee multiplier of 0.95. Replace it with a local quote when you have one.

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