Yachts Cost
So, you're considering buying a yacht and wondering how much yachts cost today. You've started to check out the local marina, talk to yacht brokers and owners, and even considered joining the nearest private yachts club.
Or perhaps you're considering stepping up to the echelon of megayachts and wondering how much those exclusive yachts cost. You're talking to yacht brokers across the world and perhaps puzzled by the costs being quoted for some if not most of the big yachts.
Yachts cost, including the cost of megayachts, vary with their age, condition, amenities and exponentially - not linearly - with length. This is because double the length means not double but six times the weight and displacement, as well as additional intricacies in engineering and interior design.
For example, new 20-foot yachts cost under $50,000 but 30-foot weekender yachts cost around $200,000; new 50-foot cruisers cost around $1 million, while 100+ footers top $8-10 million.
Yacht
costs climbs vertically for megayachts that exceed 100 feet.
New 250 to 300-foot megayachts run $50-70 million. While not new, Larry
Ellison's 244-foot private megayacht, Katana (pictured), is also worth in this range.
400-foot megayachts are rare and worth three times as much, or a cool $200 million.
So, should you buy a yacht, and if so, what kind?