BoatCostReal ownership math

West Virginia · Cabin cruiser

What does a cabin cruiser cost in West Virginia?

Planning defaults for West Virginia: wet slip about $10/ft/month, 7 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

$3,934

$2,361 per outing

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

Fixed

$31,256/yr

$2,605/mo

Variable

$15,955/yr

Fuel + maintenance

Year-5 equity

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

Principal & interest$25,960/yr
Insurance$3,036/yr
Slip / storage$2,240/yr
Winterization$0/yr
Registration$20/yr
Fuel$7,155/yr
Maintenance$8,800/yr
Annual total$47,212/yr

Cruise burn 31.5 gph at $3.25/gal. SFC estimate, not a sea trial.

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Questions

How much is a cabin cruiser in West Virginia?
This page starts from a 32-foot cabin cruiser at $220,000 with West Virginia slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in West Virginia?
West Virginia is modeled with 7 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 West Virginia multiplier of 0.92. Replace it with a local quote when you have one.

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