PostHeaderIcon Buying a boat: How much does it actually cost to own a yacht?

We asked Gerry Prefontaine, a long-time boat owner and yacht broker with Meridian Yachts, to outline the five things you'll want to consider before buying. On top of the price tag, you could turn out another $1,500 for inspection fees, and you'll have to get the boat hauled out for survey, which costs around $800, he added. Like all insurance, boat insurance depends on the condition of your …

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