BoatCostReal ownership math

North Carolina · Personal watercraft

What does a personal watercraft cost in North Carolina?

Planning defaults for North Carolina: wet slip about $18/ft/month, 9 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

$339

$254 per outing

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

Fixed

$2,551/yr

$213/mo

Variable

$1,514/yr

Fuel + maintenance

Year-5 equity

Estimated value $8,923 vs loan balance $7,705.

Principal & interest$1,888/yr
Insurance$378/yr
Slip / storage$250/yr
Winterization$0/yr
Registration$35/yr
Fuel$554/yr
Maintenance$960/yr
Annual total$4,064/yr

Cruise burn 5.8 gph at $3.20/gal. SFC estimate, not a sea trial.

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Questions

How much is a personal watercraft in North Carolina?
This page starts from a 11-foot personal watercraft at $16,000 with North Carolina slip, insurance, and fuel defaults. Change the price to match a listing.
Do I need a wet slip in North Carolina?
North Carolina is modeled with 9 months in the water. Wet-slip cost uses $18/ft/month.
Is insurance different here?
The insurance estimate is a percentage of price times a North Carolina multiplier of 1.18. Replace it with a local quote when you have one.

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