@@sandysandy8184 Most likely. I'm guessing liabity issues. Possible the Marina owners doesnt have insurance for that. The higher end marinas most likely have the insirance and it may be allowed.
I absolutely agree!! I look forward, DAILY, to the 'Great Nick Aquaholic' and his Remarkable tours. If I miss just one day of watching at least 3 of his videos, I really start going through a withdrawal that is not very good 😕 Aquaholic is definitely part of my daily routine.
Exactly ... really enjoyed this nuts and bolts talk... hope we can look forward to more of Nick talking to camera about whatever he deems relevant ... :)
As a serial boat owner (4 happiest days of my life so far - two acquisitions, two disposals and getting the itch again) this is absolutely the best - and most depressingly accurate - description I have ever heard for the costs of boat ownership. Spot on. That said, if you knew what it would cost to raise children you wouldn't have those either! Happy boating!
I never wanted a boat until I stumbled across this channel. I’m now saving up for a Majesty 140 based on your review. Should have enough to buy one by the time the sun collapses in on itself........
Ernesto D. If I don’t eat, pay any tax or bills for the next 423 years I should have enough to buy one. I’ll have to drive it myself and cook my own meals though
I am a boat owner myself (2005 Monterey 270 cr diesel) and this video is absolutely fantastic, even for someone like me with a boat already. So well explained, very precise and clear information that would help anyone! Thank you 👍
as a fellow boater and someone who works in the american northeast marine industry, i can appreciate how clean and well taken care of your boat is. This video is very important for people who are thinking of owning a boat. too many people think they have the money for a boat and you see an utter lack of maintenance and cleanliness because of the lack of money. Cheers from the smallest state in the USA!
I really appreciate the fact that you are a “normal/everyday “ boat owner, with a reasonable boat. You provide nice tours of some amazing yachts. Wish you success doing what you do. Be safe and stay healthy 😊 fan from USA 🇺🇸
One of the best sales pitches for boat ownership I have seen. I have read Boating Magazine and Yachting for 3 years now trying to figure out when to pull the trigger and get an honest breakdown of what I am in for over the next 5 years. Nick got me across the line to say, "Yes, time to buy."
I really wish the channel blows up enough so one day you could step up to a decently sized Princess. With this amount of quality content you really do deserve it.
Thanks for the great video's. When you were talking about the 10% running cost per year based on the total cost of a boat, in relation to a new boat, yes the figure is less than 10%. However you mentioned your boat cost you between 30,000 pounds and 50,000 pounds and your yearly cost of ownership was around 6,000 pounds. That gives a % cost of ownership from 20% at 30,000 to 12% at 50,000. So it really does depend on what price range you are in. As for the condition of your boat. I always tell people looking to buy a boat, look in the engine bay. If it is a mess walk away, unless they are practically giving it away. You, like myself obviously take great care of your boat. The engine bay is spotless, if you take that much care of something no one can see, then the rest of the boat has got the same attention to detail. Keep up the great work, I always look forward to seeing how the other half live. LOL
I was excited when I saw your announcement for this video and it didn't disappoint - very informative and your delivery is perfect. Thank you for all your efforts in this, and all your other videos which give land lubbers like me a glimpse into another world. Now if only I can convince my missus to win the lottery!
For anyone reading this I can confirm that those prices discussed are very realistic. Our boat is a similar size and running the same engine. Since new it has always been dry stacked so it has never been antifouled, so saving cost. Dry stacking is a sensible solution for those who don't use their boats so often. It can be more expensive than keeping it in the water but it's safe and you can always pop down and give it a thorough clean from top and bottom. Unlike Aquaholic's engine leg, our leg look new and is still fitted with the original anode. Getting repairs done is easier and you just need to call the marina in advance so when you arrive it's in the water ready to go. When you get back they jet wash the whole thing and pop it back on the rack. . Another cost which wasn't mentioned was harbour fees. These vary from place to place but for Poole it's approximately £125.00 per annum. If like us you dry stack then you can pay this on a daily pay as you go basis. The basis of boat ownership is, if you worry about the cost then don't do it but you will be stuck on the harbour wall watching us having fun... We think of it as our second home, a chance to escape and chill out. There's no better feeling than bobbing about in a bay somewhere with a glass of wine in hand listening to some nice music. Dry stacking allows you to use any free berths in the evening so hook up the shore power, cook a nice curry and turn on the TV. What's not to like. :-)
*Living in Vancouver Can and now Stockholm, I've owned a few larger boats, (33+feet) mostly sail and Bayliners, but stopped owning them (and paying huge sums) and instead put up notices in local marinas as "Willing Crew". I run the boat so the owner can spend time with his/her guests. As most boats sit idle 90% of the time when I ask the owner if they're using the boat some weekend, because they know I know what I'm doing, they always say "Take the boat." and usually refuse my offer to cover the fuel as they (and you) know, boats are happier being run and not sitting idle.*
You may recall from previous comments that I'm seriously after something similar to yours. I have spent most of the day at Liverpool Marina inspecting a Bayliner 288, 2007 model. Well, it's a lovely boat in terrific condition with a lot of extras. We agreed on a price but after much thought I've left it (for now.) The reason was I simply couldn't get my head around the actual running costs, the sales people were great but there's soo many variables. I wish I'd seen this rough guide earlier, it really opened my eyes. I can certainly afford the boat but don't have a bottomless pit of money. Thanks for taking the time to make this guide.
How refreshing ! A genuine, friendly accessible, video introductuction to boat ownership that isnt snooty or excluding - many thanks and respect to you sir ! I come away convinced of the benefits of spreadsheet too
“What else do we want to fling money at vigorously?” I have never heard a better description of boat ownership - it even beats “standing in a shower and tearing up tenners.” The only thing I would add to your list is a new set of lines every year. It’s something I always replace because I like to keep them in absolutely top condition - I found myself in serious trouble on a river a couple of decades ago when a line snapped during mooring. Finally - for perspective: you’re running Smugglers Blues 2 for the same annual cost that I have been running a narrowboat on the inland waterways for a decade. The difference is that I use a hell of a lot less fuel (max speed is 2mph) and I have a 40-year-old 3 cylinder Diesel engine that I can maintain with one screwdriver, one spanner, and one very long list of swearwords, so I don’t need to pay servicing costs. I do have to pay for an inland waterways licence at £1200 per year, though. Boating win either way.
It’s 3am. I have work in a few hours. But your channel is just fantastic. You are easy to listen to, always positive and happy (just what I need during these times) and your passion is contagious. So, instead of sleep I just noticed I have spent almost four hours watching your videos. Brilliant! I am glad I found your channel, added it to Gone with the Wynns, The Narrowboat Experience and CruisingTheCut...
Why am I just now seeing this??! SMH, I must have been in a pandemic haze when it first aired! So happy to come across it today-better late than never! Nick, you would make an awesome professor! This is the best breakdown of running costs I've seen thus far. Thank you so much for sharing this information-you're the BEST!!!
Think the 10 pct of price is mostly with crew on board, but really nice to got some figures on running costs. Thanks for a great video again. Keep saying "hello me" to the mirror 👍
I'm pretty annoyed it's not as expensive as I thought it would be. I've been avoiding anything that floats on the basis that I can't afford it up to now.
i am suddenly in the market to purchase a boat and this has been by far the absolute best and most informative video as far as cost. Thank you, I at least feel a lot better about having a real working idea as far as cost and a good way to calculate mine in deciding what boat and size to purchase.
"A boat is a hole in the water into which you throw money... *BUT...it´s brillant. It´s the best thing in the world!"* It´s a bit too long for a slogan, but it perfectly sums up your channel! So, as tons of people mentioned earlier: *If I´m ever going to buy a boat, I´ll try to contact you and ask for advice!* Until then I just enjoy your channel and......... *dream!* PS: finally someone doing the math and explains it comprehensible. Thanks again Nick
Guys, guys. Our partners know to the penny how much we spend on boating. Never be fooled that we know more than they do. Our better halves are undercover highly trained HMRC agents but working for themselves not the crown. Cheers & happy boating.
@@willlowbridge350 I had to laugh first. I can assure you mine has not a clue or a care as long as her vintage shops are around! She sometimes actually sees things being delivered and gas been successfully convinced that they are exchanged!🤣🤣🤣🤣🤣
I think you are right, I was considering purchasing a 100' (used) super yacht recently reviewed by Nick, but after going through the costings in detail (crew costs in particular) I came to the conclusion I needed to think again. A 50 footer whilst still expensive, would be far less of a drain on my finances. It's no good having a yacht you can't afford to go anywhere in it
@@shaguaretype6996 I was wondering how crew costs work. Do you have the employ the crew full time for the season? How much does an experienced crew member cost? I'd think an experienced captain would be very expensive.
Glad to hear you're local to Torbay.. love watching your channel, slowly making my way through the contents. Ever fancied doing a smelly beam trawler tour! Best wish Luke
Can I say how brilliant your channel is; knowledgeable, accessible, really informative, fluent, pitched for the learner boater it is very special. Well done!
David is good, but he's used to dealing with much larger boats costing millions. Also although a very nice chap just doesn't have the presentation of Nick. Nick has a good balance between showing, talking and presenting. David tends to talk and present on himself a but too much and becomes boring. He has lately tried to vary his presentations, but Nick just has that certain something, that holds your attention.
As a non-boat owner, it really makes me happy thinking about my childhood when my friend's father took us out on the lake with his boat and pushing the speed limits with toys behind the boat. Didn't realise it probably cost him a relatively high amount of money. Good times.
I never ever comment on YT, however having stumbled across this video I feel compelled to do so. You have presented an authentic, considered and transparent analysis. It’s delivered brilliantly. May I congratulate you on a superb channel, your boat and your wisdom, I’m considering whether a boat is right for me, albeit my wife wants us to be on the river rather than sea. You have given me so much now to consider and factor into my own spreadsheet! Thank you. PS: ‘Aqua-Holic is pure genius too!
I’m a teacher and I totally respect the way this was organized and presented. The level of detail was a bit more than I expected but precisely what I hoped for, and you certainly could have broken it down even further but this was a lovely serving. Thanks!
Nick, your comment “739.7 litres of fuel… just roughly” did make me chuckle! Having had a few small boats before, I thought that I had scratched that itch, but thanks to your fantastic channel that itch is coming back! Keep up the good work, I love your boat tours, even though most of them are pipe dreams!
I have to say watching your channel is very informative and when speak or while you go into detail about a particular feature, its straight to the point. You also have a way of keeping the more informed/experienced boaters & newbies like me interested. All of the best from South Africa!!!
Holy cow... You're making me really consider buying a boat. I'd love to have a boat like yours. You must have a lot of fun and a lot of friends! Thank you for sharing - my favorite video of yours so far!
Its not just the time preparing this video. Imagine the time he spent in his lifetime to learn the details to make it as a video. I learnt many things... Thank you so much.
Watching your boat tours for the last 18 months. Your consistency and camera work deliver a accurate view of what is expected and what exceeds or falls below that. However, these recent new informational videos are truly educational and informative. Thanks for being more innovative and creative than the rest of the lot. I am now subscribed, not that I didn't watch everything on a regular basis already. Press on Nick.
Your video appeared on my home page and although I am not a boater I am fascinated with boats. So I watched your video and I was captivated by your excellent presentation. You were clear, concise, on point and easy to watch and listen to. You now have a new subscriber from a New Englander. Cheers and best of luck.
Always thought sailing was akin to taking a cold shower while tearing up £50 notes but this was an excellent run through of the costs and if you live close to the sea 5k isn't that much if you think how much your car is depreciating every year. Many thanks for this.
Such an interesting video. I am very new to this but I am dying to head down the boat ownership path. Some sobering but also encouraging facts. Thanks!
First of all, I love the boat size, so much. But, the main thing, above all, it's your wisdom. You've done a wonderful job. Congratulations. And, I thank you, greatly! Keep it up!
What a fantastically interesting and informative video. This is exactly what TH-cam should be used for. Thank you so much for taking the time to provide so much relevant and pertinent information to anyone thinking of venturing into boat ownership. If I could rank all the videos I’ve ever seen, this is easily number 1, thanks again!
I love watching these "How to" films nick, I personally learn so much from them. Knowledge is such a great thing, no one can have too much of it when it comes to boats. My first boat was exactly what you have said "A cash cow", but ever since I stopped all and sundry using my boat as their personal taxi in the warmer months, my costs have plummeted.
This Sir, is a great video. I have my boat, a trailer boat, single engine outboard. I am learning it's performance. No-one is stuck on their first boat. One must look forward. Very few videos have I purposefully got out a notepad and pen. Thank you for being so meticulous with your own boat, to record this information to share.
I usually watch this channel as my window into a world where form matters as much as function. It makes my heart sing to see the innovative ways designers utilize their ingenuity to create astoundingly beautiful boats. There isn't a better guide for such things than this channel. So thank you. However, you can't watch a channel like this without low-key imagining yourself having some boat life yourself. This particular video was extremely useful, because I found myself thinking "Hmm. £6000 a year is doable. I'm a professional in my field, I could afford this". Then I remember I have to be able to buy the boat as well and realise, perhaps I'm not as professional in my field as I ought to be... Well, at least I get to look at them and dream. :)
I appreciate the information especially on engines and fuel costs. While prices will fluctuate, this should be somewhat accurate for the next few years. I am currently looking at a used carver 444 and am just starting to attempt to figure out yearly operating costs as a full time live aboard. This video will help me make a checklist to look over for the costs. Again Thank you!
My old man introduced me to your channel mate - Love it so much, the work you do the style of boats and you're even making me my wife and dad save money to buy a boat and try it out!
What an honest, informative video! Thanks for putting it in to perspective. In my industry (aviation) we hear the same saying about buying and selling being the “best day...” You said it best though; even as a hole to toss money, it’s BRILLIANT. Keep the vids coming!
Just got my power boating license and hoping to get a boat when I'm old enough. I have also been watching your videos for a few years now and never realised you are moored in Torquay! coincidentally that is where I live. Keep up the great content! :) - Rocco
I am considering a similar size boat. Anything much bigger and wider would not be towable without a special permit in the US. I plan to do things a bit differently to save a lot of money. I want to buy a boat without bottom paint and always keep it on a trailer when not in use and just launch it using a ramp every time I go out. I realize that is a pain with a boat this size but I believe you will do it faster and more efficiently over time as you get good at it. There will be a launch fee, usually around $20 but the savings are great, especially if you can store the boat on your own property. That's the biggest cost saved. Also, you save a lot on maintenance if you flush the engine & outdrive and clean the boat underneath properly after every use. I am mechanically inclined and plans to do just about all engine and outdrive maintenance myself which is also much easier to do when you keep it on a trailer. Other advantages is that the boat will go faster and use less fuel in the water as it is always slick underneath with no drag. You also save a lot when you want to go to more distant locations as you can tow the boat most of the way and just launch it much closer to the destination. You'll save a lot of time and fuel costs that way. You can also much more easily go to inland lakes not accessible through waterways. Also I plan to buy a boat around 10 years old and always keep it covered and in good condition so it's depreciation will be minimal. I think my yearly cost will be far less than what is outlined here.
A great informative video. Clearly many many variables of cost but he is absolutely spot on in his summing up. There is absolutely nothing like being a boat owner. Best thing there is
This guy is the Robin Leach of yachts. He has an exceptional voice and has a massive wealth of knowledge about what is out there, what is available and he stays current. He also has a great way to organize his videos so that he isn't wandering around, there is usually a comprehensive plan of attack when he is showing off a yacht.
This channel should have a wealth warning, the more i watch the more i want one! Only recently subscribed, and as someone with no experience of boats I'm finding this channel fascinating and informative. Thankyou.
It is healthy to dream. But going on a cruise once a year is even better. Twice a year you can actually pretend you own a ship for 14 days of 2 seven days segments.
For me in dubai , bearthing for a 45 foot yacht its 15k yearly for a relatively good one, and 35k for a really good one with cleaning , wifi, tennis, gym, spa, discounts, pool, valet parking, etc. Edit: I dont own the yacht
As they say "There's only one thing better than owning a boat... that's having a friend who owns a boat." You can have nearly as much fun and reduce your costs by trailering bowriders or small cuddys. Ideal if you can store them at home and just pay slipway fees but all other costs are basically the same other than anti-fouling. I owned a Campion 545 and then Stingray 220DR. I now have SOT kayaks which we use on freshwater rivers, you can touch nature and hear the wind in the reeds. As with all these things, you need to use them a lot each year to get value.
Wow Nick has created such a super channel , informative, interesting and high quality. One of the best You tube channels around , equal to Harry’s Garage. Brilliant, keep up the good work
i recognized the place right away, i used to live in Torquay and came down to the marina a lot. Can't believe i've been so close to the great Nick himself all along!!
I’m just enjoying your channel and am certain in few years will be watching a video where you buy a bigger boat with the money you deservedly earn from your effortless expertise in making the best content.
Nick. Thanks for the great insight. As an outsider looking in (hoping to get my feet wet someday) you've given me a great start understanding the financials.
This has absolutely done it for me. Ive always wanted one. Now our girls are 5 and 2, we are getting to the point that we can go and really enjoy something like this together. A perfect size for a night or 2. Shame I live in South Yorkshire haha but only a couple of hours to the coast so I will start looking into it. Thanks again for this amazing break down. Your boat is lovely!!!
@@AQUAHOLIC Absolutely! And at £3,000 per week for static caravans which a friend of mine has given into this year, I know what Id prefer to put money into!
Most everything you quoted is very comparable to costs here in USA, SouthEast VA on Chesapeake Bay. I was waiting for the fuel costs, and that is the big difference. 1.37 pounds per liter vs 2.75$ per gallon. So it seems you fuel costs are double what ours is. I can cut that fuel price much lower if I use my own 5 gallon cans and fill them at a gas station, which right now is $1.75 per gallon at Sam's Club in Newport News Va. Those prices are for gasoline. Diesel is higher and at the fuel station for cars is about $2.10, and I am sure a marina charges around 3$ a gallon.
@Just think They tax hydrocarbon fuels to death over there in the EU. For various reasons, one they are very socialist country in England and spend lot on the public welfare, another is their view on global warming, so they discourage usage, another is their NHS, which I read is about bankrupt. Imagine also VAT taxes, shudder.
I can't get over how much content you have. I've been watching your videos like crazy and I don't think I've even put a dent in it 😂 Great videos, I love your channel
Nick....If this does not convince your viewers - They should buy a nice little unsinkable, BIC, including two stick things called oars, and that costs nothing per mile to run, at the end of the day (if you still have the strength) you heave it out of the water, and carry it home!! A most interesting video, and thanks for the info! John
As a boat owner that is similar to this one - I’m not even gonna watch the video… I’m going to just say that it’s too much - welcome to Boating! Onto the next video
Having owned a Silverton 36 Convertible MY, I can tell you there's always the unexpected costs to consider. A few years ago, after returning to my dock from gassing-up for a weekend cruise, it was discovered that the tank had developed a leak. Emptying & disposing of nearly 200 gals of fuel wasn't cheap, about $1800 for the cost of gas, removal/disposal & repairs.
Thanks so much for your contributions towards a better boating community. I haven't even purchased a boat yet but when I do I'll turn to you for advice!
I am in phoenix and had a boat at bartlett lake a few years ago. A 1987 searay 340. First boat and loved it. Was too busy in my cabinet shop to go and enjoy it much. Sold it and put money into my cabinet shop. Now i want to sell shop and buy boat to live on or move to hawaii. 🤔
Just restored a 13 foot Boston Whaler. Total cost of boat, engine and materials were less than one year of ownership of your boat. I probably will go for a larger restoration build for the next one.
Excellent breakdown of an almost impossible calculation, where accuracy is dependent upon so many variables. My own experiences for instance would be entirely different. I am an experienced engineer so I've always done my own servicing and repairs - including rebuilds where necessary. Boat insurance is a simple cost-effective addition to my general cover, which caters for everything. Cars, home, life and so on, so the addition of a boat tends to be minimal. You tackled an almost impossible subject with ease and professionism, better than anyone I've ever heard. Most importantly, the big question: is it worth it? YES IT IS! Well done Nick
I have watched many many boating videos. This is without doubt the most revealing and interesting and influential one. Nick you are a star. So many thanks for your honesty and openness. Many happy boating years to you sir.
This man is one of the very few who knows how to show any boat. A true professional.
You're very kind :)
I second that..,..
@@AQUAHOLIC you mentioned not being allowed to sleep on board...is that Marina rules ?
@@sandysandy8184 Most likely. I'm guessing liabity issues. Possible the Marina owners doesnt have insurance for that. The higher end marinas most likely have the insirance and it may be allowed.
I’d imagine the not sleeping onboard is COVID lockdown rules.
Man, I was never into boats until I stumbled upon your channel. WHY HAVE YOU DONE THIS TO ME?
Don't fight it! 😄
Same here, watched lots and it looks great to own a nice boat. I finished my T5 camper so I’m land lover :)
Same I used to sail as a kid and forgot about it, now I'm itching to get back out there!
Same!
I absolutely agree!!
I look forward, DAILY, to the 'Great Nick Aquaholic' and his Remarkable tours.
If I miss just one day of watching at least 3 of his videos, I really start going through a withdrawal that is not very good 😕
Aquaholic is definitely part of my daily routine.
Absolutely love this kind of boating video’s were you explaining all the thing’s that you need to know before getting a boat. 🚤
Glad it was helpful!
Exactly ... really enjoyed this nuts and bolts talk... hope we can look forward to more of Nick talking to camera about whatever he deems relevant ... :)
Yes I agree. He explains perfect
Having owned a small boat, the adage of . A boat is something you give to someone you don't like 😅 Spring's to mind.
Oor Welly 🤗 ☕
As a serial boat owner (4 happiest days of my life so far - two acquisitions, two disposals and getting the itch again) this is absolutely the best - and most depressingly accurate - description I have ever heard for the costs of boat ownership. Spot on. That said, if you knew what it would cost to raise children you wouldn't have those either! Happy boating!
What a legend...
Getting introduced into sailing changed my life and opened my horizon to independence
Who gives this video a dislike? This guy is the master of communication in this field.
I never wanted a boat until I stumbled across this channel. I’m now saving up for a Majesty 140 based on your review. Should have enough to buy one by the time the sun collapses in on itself........
lol I was like "wtf? saving for a 140ft yacht?" 😂😂😂
Ernesto D. If I don’t eat, pay any tax or bills for the next 423 years I should have enough to buy one. I’ll have to drive it myself and cook my own meals though
I can’t even swim and get sea sick ,but I want one now
@@mattbannister6850 So your great great great grand kids will have a wonderful time enjoying your boat
Same here! HAHA!! :-)
I hope this channel really takes off. I want to see him have his own million dollar boat. He deserves it.
percival23 lets all stay tuned to that
percival23 true that... such a nice man...
But why? He got a very nice boat, excellent, you make it sound like he got a miserable life.
@@pflaffik and he wears a Rolex...end of the day people wish good things happening to good people...
He has 225K subscribers! F me - how many do you need to "take off"?
I am a boat owner myself (2005 Monterey 270 cr diesel) and this video is absolutely fantastic, even for someone like me with a boat already.
So well explained, very precise and clear information that would help anyone! Thank you 👍
Nice boat!
as a fellow boater and someone who works in the american northeast marine industry, i can appreciate how clean and well taken care of your boat is. This video is very important for people who are thinking of owning a boat. too many people think they have the money for a boat and you see an utter lack of maintenance and cleanliness because of the lack of money. Cheers from the smallest state in the USA!
Thank you :)
I really appreciate the fact that you are a “normal/everyday “ boat owner, with a reasonable boat.
You provide nice tours of some amazing yachts.
Wish you success doing what you do. Be safe and stay healthy 😊 fan from USA 🇺🇸
Many thanks, you too! :)
Honest clear and transparent.
What a brilliant demystification,
Bravo!
One of the best sales pitches for boat ownership I have seen. I have read Boating Magazine and Yachting for 3 years now trying to figure out when to pull the trigger and get an honest breakdown of what I am in for over the next 5 years. Nick got me across the line to say, "Yes, time to buy."
Go for it! Good luck!
I really wish the channel blows up enough so one day you could step up to a decently sized Princess. With this amount of quality content you really do deserve it.
Thanks for the great video's. When you were talking about the 10% running cost per year based on the total cost of a boat, in relation to a new boat, yes the figure is less than 10%. However you mentioned your boat cost you between 30,000 pounds and 50,000 pounds and your yearly cost of ownership was around 6,000 pounds. That gives a % cost of ownership from 20% at 30,000 to 12% at 50,000. So it really does depend on what price range you are in. As for the condition of your boat. I always tell people looking to buy a boat, look in the engine bay. If it is a mess walk away, unless they are practically giving it away. You, like myself obviously take great care of your boat. The engine bay is spotless, if you take that much care of something no one can see, then the rest of the boat has got the same attention to detail.
Keep up the great work, I always look forward to seeing how the other half live. LOL
I love how he is proud of his boat
I am now proud of my canoe
fellow canoe owner here.
If my misses stopped buying shoes I could have a boat. She has to go
Keep the 1st mate. If she buys one more pair of shoes
She walks the plank...
That's gonna cost you more.... Like 50% share of all you got.
I was excited when I saw your announcement for this video and it didn't disappoint - very informative and your delivery is perfect. Thank you for all your efforts in this, and all your other videos which give land lubbers like me a glimpse into another world. Now if only I can convince my missus to win the lottery!
Glad you enjoyed it!
For anyone reading this I can confirm that those prices discussed are very realistic. Our boat is a similar size and running the same engine. Since new it has always been dry stacked so it has never been antifouled, so saving cost. Dry stacking is a sensible solution for those who don't use their boats so often. It can be more expensive than keeping it in the water but it's safe and you can always pop down and give it a thorough clean from top and bottom. Unlike Aquaholic's engine leg, our leg look new and is still fitted with the original anode. Getting repairs done is easier and you just need to call the marina in advance so when you arrive it's in the water ready to go. When you get back they jet wash the whole thing and pop it back on the rack. . Another cost which wasn't mentioned was harbour fees. These vary from place to place but for Poole it's approximately £125.00 per annum. If like us you dry stack then you can pay this on a daily pay as you go basis. The basis of boat ownership is, if you worry about the cost then don't do it but you will be stuck on the harbour wall watching us having fun... We think of it as our second home, a chance to escape and chill out. There's no better feeling than bobbing about in a bay somewhere with a glass of wine in hand listening to some nice music. Dry stacking allows you to use any free berths in the evening so hook up the shore power, cook a nice curry and turn on the TV. What's not to like. :-)
*Living in Vancouver Can and now Stockholm, I've owned a few larger boats, (33+feet) mostly sail and Bayliners, but stopped owning them (and paying huge sums) and instead put up notices in local marinas as "Willing Crew". I run the boat so the owner can spend time with his/her guests. As most boats sit idle 90% of the time when I ask the owner if they're using the boat some weekend, because they know I know what I'm doing, they always say "Take the boat." and usually refuse my offer to cover the fuel as they (and you) know, boats are happier being run and not sitting idle.*
As a career long sea going professional, I found this video both informative and enjoyable.
You may recall from previous comments that I'm seriously after something similar to yours.
I have spent most of the day at Liverpool Marina inspecting a Bayliner 288, 2007 model.
Well, it's a lovely boat in terrific condition with a lot of extras.
We agreed on a price but after much thought I've left it (for now.)
The reason was I simply couldn't get my head around the actual running costs, the sales people were great but there's soo many variables.
I wish I'd seen this rough guide earlier, it really opened my eyes.
I can certainly afford the boat but don't have a bottomless pit of money.
Thanks for taking the time to make this guide.
How refreshing ! A genuine, friendly accessible, video introductuction to boat ownership that isnt snooty or excluding - many thanks and respect to you sir ! I come away convinced of the benefits of spreadsheet too
Glad you enjoyed it!
“What else do we want to fling money at vigorously?”
I have never heard a better description of boat ownership - it even beats “standing in a shower and tearing up tenners.”
The only thing I would add to your list is a new set of lines every year. It’s something I always replace because I like to keep them in absolutely top condition - I found myself in serious trouble on a river a couple of decades ago when a line snapped during mooring.
Finally - for perspective: you’re running Smugglers Blues 2 for the same annual cost that I have been running a narrowboat on the inland waterways for a decade. The difference is that I use a hell of a lot less fuel (max speed is 2mph) and I have a 40-year-old 3 cylinder Diesel engine that I can maintain with one screwdriver, one spanner, and one very long list of swearwords, so I don’t need to pay servicing costs. I do have to pay for an inland waterways licence at £1200 per year, though.
Boating win either way.
Small old diesels run on a tiny bit of fuel and a lot of swearing! :)
It’s 3am. I have work in a few hours. But your channel is just fantastic. You are easy to listen to, always positive and happy (just what I need during these times) and your passion is contagious. So, instead of sleep I just noticed I have spent almost four hours watching your videos. Brilliant! I am glad I found your channel, added it to Gone with the Wynns, The Narrowboat Experience and CruisingTheCut...
Why am I just now seeing this??! SMH, I must have been in a pandemic haze when it first aired! So happy to come across it today-better late than never! Nick, you would make an awesome professor! This is the best breakdown of running costs I've seen thus far. Thank you so much for sharing this information-you're the BEST!!!
I'm glad it was helpful 🙂
The world needs more nicks.
Just mentioning.
Think the 10 pct of price is mostly with crew on board, but really nice to got some figures on running costs. Thanks for a great video again. Keep saying "hello me" to the mirror 👍
Thanks for watching!
It's surprising I thought it would be more expensive congratulations on the boat love your vids
Thank you!
@@AQUAHOLIC BTW do you remember me in the person that recommended the canon eos 2000d
I'm pretty annoyed it's not as expensive as I thought it would be. I've been avoiding anything that floats on the basis that I can't afford it up to now.
i am suddenly in the market to purchase a boat and this has been by far the absolute best and most informative video as far as cost. Thank you, I at least feel a lot better about having a real working idea as far as cost and a good way to calculate mine in deciding what boat and size to purchase.
Glad it was helpful!
Even during a non-walkthrough video, you cannot resist opening up cabinets
"A boat is a hole in the water into which you throw money... *BUT...it´s brillant. It´s the best thing in the world!"*
It´s a bit too long for a slogan, but it perfectly sums up your channel!
So, as tons of people mentioned earlier: *If I´m ever going to buy a boat, I´ll try to contact you and ask for advice!*
Until then I just enjoy your channel and......... *dream!*
PS: finally someone doing the math and explains it comprehensible. Thanks again Nick
I'll have to make sure my wife doesn't see this video - I've managed to be fairly vague about costs so far.
I just tell mine that there are lovely clothes shops in the marinas that we will be visiting!
Guys, guys. Our partners know to the penny how much we spend on boating. Never be fooled that we know more than they do. Our better halves are undercover highly trained HMRC agents but working for themselves not the crown.
Cheers & happy boating.
@@willlowbridge350 👍👍🤣🤣🤣
@@willlowbridge350 I had to laugh first. I can assure you mine has not a clue or a care as long as her vintage shops are around!
She sometimes actually sees things being delivered and gas been successfully convinced that they are exchanged!🤣🤣🤣🤣🤣
@@willlowbridge350 "but working for themselves not the crown" - brillant!
I used 739.7 litres of fuel, just roughly - love it! The 10% figure I have heard apply to super yachts where the crew is the biggest expense.
I think you are right, I was considering purchasing a 100' (used) super yacht recently reviewed by Nick, but after going through the costings in detail (crew costs in particular) I came to the conclusion I needed to think again. A 50 footer whilst still expensive, would be far less of a drain on my finances. It's no good having a yacht you can't afford to go anywhere in it
@@shaguaretype6996 I was wondering how crew costs work. Do you have the employ the crew full time for the season? How much does an experienced crew member cost? I'd think an experienced captain would be very expensive.
Glad to hear you're local to Torbay.. love watching your channel, slowly making my way through the contents.
Ever fancied doing a smelly beam trawler tour!
Best wish Luke
Can I say how brilliant your channel is; knowledgeable, accessible, really informative, fluent, pitched for the learner boater it is very special. Well done!
You're very kind 🙂
The most complete version I've heard (sorry David Seal), lots of good information
David is good, but he's used to dealing with much larger boats costing millions. Also although a very nice chap just doesn't have the presentation of Nick. Nick has a good balance between showing, talking and presenting. David tends to talk and present on himself a but too much and becomes boring. He has lately tried to vary his presentations, but Nick just has that certain something, that holds your attention.
Woah!!
Ernesto D. ??
As a non-boat owner, it really makes me happy thinking about my childhood when my friend's father took us out on the lake with his boat and pushing the speed limits with toys behind the boat. Didn't realise it probably cost him a relatively high amount of money. Good times.
I never ever comment on YT, however having stumbled across this video I feel compelled to do so.
You have presented an authentic, considered and transparent analysis. It’s delivered brilliantly.
May I congratulate you on a superb channel, your boat and your wisdom,
I’m considering whether a boat is right for me, albeit my wife wants us to be on the river rather than sea. You have given me so much now to consider and factor into my own spreadsheet!
Thank you.
PS: ‘Aqua-Holic is pure genius too!
Thank you. Plenty of boats you can use in both. My boat was on the Norfolk Broads when I bought it.
Yes, I am compelled to comment that it was good.
I’m a teacher and I totally respect the way this was organized and presented. The level of detail was a bit more than I expected but precisely what I hoped for, and you certainly could have broken it down even further but this was a lovely serving. Thanks!
Glad it was helpful!
Thanks a lot for taking the time to clearly explain the potential costs of boat ownership.
Really appreciated.
Glad it was helpful!
Nick should have a programme on discovery channel dedicated to boating i could definitely watch an hour a week of this great mans tours
Been loving the last few videos about going boating and whats involved in boat ownership, amazing content as always!
Glad you like them!
This is for me by far your best video. I’ve learned a lot watching it.
Glad it was helpful!
Nick, your comment “739.7 litres of fuel… just roughly” did make me chuckle! Having had a few small boats before, I thought that I had scratched that itch, but thanks to your fantastic channel that itch is coming back! Keep up the good work, I love your boat tours, even though most of them are pipe dreams!
Glad you enjoy them! 🙂
I have to say watching your channel is very informative and when speak or while you go into detail about a particular feature, its straight to the point. You also have a way of keeping the more informed/experienced boaters & newbies like me interested. All of the best from South Africa!!!
Hey there South Africa! Beautiful country :)
@@AQUAHOLIC I can say the same of your country even though I've never been but regardless I love places that is rich in history. Cheers!!
This is very helpful thanks. Thinking about getting a boat in the coming year or so. Just researching but your boat is really nice.
Best of luck!
Holy cow... You're making me really consider buying a boat. I'd love to have a boat like yours. You must have a lot of fun and a lot of friends! Thank you for sharing - my favorite video of yours so far!
Go for it! 😃
Sounds like you spent a lot of time preparing for this video, thank you very much! :)
I did! :)
Its not just the time preparing this video. Imagine the time he spent in his lifetime to learn the details to make it as a video. I learnt many things... Thank you so much.
Watching your boat tours for the last 18 months. Your consistency and camera work deliver a accurate view of what is expected and what exceeds or falls below that. However, these recent new informational videos are truly educational and informative. Thanks for being more innovative and creative than the rest of the lot. I am now subscribed, not that I didn't watch everything on a regular basis already. Press on Nick.
Welcome aboard! 🙂
Your video appeared on my home page and although I am not a boater I am fascinated with boats. So I watched your video and I was captivated by your excellent presentation. You were clear, concise, on point and easy to watch and listen to. You now have a new subscriber from a New Englander. Cheers and best of luck.
Awesome! Welcome aboard! 🙂
Excellent video, so perfectly informative and non-patronising to novices. Thank you sir!
Glad it was helpful!
Always thought sailing was akin to taking a cold shower while tearing up £50 notes but this was an excellent run through of the costs and if you live close to the sea 5k isn't that much if you think how much your car is depreciating every year. Many thanks for this.
Such an interesting video. I am very new to this but I am dying to head down the boat ownership path. Some sobering but also encouraging facts. Thanks!
First of all, I love the boat size, so much. But, the main thing, above all, it's your wisdom. You've done a wonderful job. Congratulations. And, I thank you, greatly! Keep it up!
You’re very kind 🙂
What a fantastically interesting and informative video. This is exactly what TH-cam should be used for. Thank you so much for taking the time to provide so much relevant and pertinent information to anyone thinking of venturing into boat ownership. If I could rank all the videos I’ve ever seen, this is easily number 1, thanks again!
You're very welcome! 🙂
Brilliant video Nick - great to see the different options to the costs - Pays your money and take your choice
I love watching these "How to" films nick, I personally learn so much from them. Knowledge is such a great thing, no one can have too much of it when it comes to boats. My first boat was exactly what you have said "A cash cow", but ever since I stopped all and sundry using my boat as their personal taxi in the warmer months, my costs have plummeted.
Glad you like them!
The running costs aren’t as bad as I expected. Lovely boat. My Dad used to have a boat at Ocean Village in Southampton.
Great video. Good information for anyone thinking about buying a boat and thinking the real cost is the upfront purchase. Opened my eyes...!
This Sir, is a great video. I have my boat, a trailer boat, single engine outboard. I am learning it's performance. No-one is stuck on their first boat. One must look forward. Very few videos have I purposefully got out a notepad and pen. Thank you for being so meticulous with your own boat, to record this information to share.
Glad it was helpful!
I usually watch this channel as my window into a world where form matters as much as function. It makes my heart sing to see the innovative ways designers utilize their ingenuity to create astoundingly beautiful boats. There isn't a better guide for such things than this channel. So thank you. However, you can't watch a channel like this without low-key imagining yourself having some boat life yourself. This particular video was extremely useful, because I found myself thinking "Hmm. £6000 a year is doable. I'm a professional in my field, I could afford this". Then I remember I have to be able to buy the boat as well and realise, perhaps I'm not as professional in my field as I ought to be... Well, at least I get to look at them and dream. :)
I appreciate the information especially on engines and fuel costs. While prices will fluctuate, this should be somewhat accurate for the next few years. I am currently looking at a used carver 444 and am just starting to attempt to figure out yearly operating costs as a full time live aboard. This video will help me make a checklist to look over for the costs. Again Thank you!
My old man introduced me to your channel mate - Love it so much, the work you do the style of boats and you're even making me my wife and dad save money to buy a boat and try it out!
Awesome! Enjoy :)
What an honest, informative video! Thanks for putting it in to perspective. In my industry (aviation) we hear the same saying about buying and selling being the “best day...” You said it best though; even as a hole to toss money, it’s BRILLIANT. Keep the vids coming!
I've been binge watching boating videos for months now and this is easily the most informative, practical and inspiring that i've seen. Thanks!
Great to hear!
Just got my power boating license and hoping to get a boat when I'm old enough. I have also been watching your videos for a few years now and never realised you are moored in Torquay! coincidentally that is where I live. Keep up the great content! :)
- Rocco
Best of luck!
Brilliantly explained. You put some effort into all that. Great job 👍
Glad it was helpful!
An elderly boater once told me what BOAT stands for. Bring Out Another Thousand. Very interesting Nick. 👍
I am considering a similar size boat. Anything much bigger and wider would not be towable without a special permit in the US. I plan to do things a bit differently to save a lot of money. I want to buy a boat without bottom paint and always keep it on a trailer when not in use and just launch it using a ramp every time I go out. I realize that is a pain with a boat this size but I believe you will do it faster and more efficiently over time as you get good at it. There will be a launch fee, usually around $20 but the savings are great, especially if you can store the boat on your own property. That's the biggest cost saved. Also, you save a lot on maintenance if you flush the engine & outdrive and clean the boat underneath properly after every use. I am mechanically inclined and plans to do just about all engine and outdrive maintenance myself which is also much easier to do when you keep it on a trailer. Other advantages is that the boat will go faster and use less fuel in the water as it is always slick underneath with no drag. You also save a lot when you want to go to more distant locations as you can tow the boat most of the way and just launch it much closer to the destination. You'll save a lot of time and fuel costs that way. You can also much more easily go to inland lakes not accessible through waterways. Also I plan to buy a boat around 10 years old and always keep it covered and in good condition so it's depreciation will be minimal. I think my yearly cost will be far less than what is outlined here.
A great informative video. Clearly many many variables of cost but he is absolutely spot on in his summing up. There is absolutely nothing like being a boat owner. Best thing there is
I appreciate your narrative. Finely tuned. I can imagine you as the narrator for a documentary about boats...
Loved the very subtle 'Aquaholic' cushions - hardly noticeable !!!!
😄
Very well done and nicely detailed run down. Very helpful to someone new to boating, I'm sure.
Glad you think so!
This guy is the Robin Leach of yachts. He has an exceptional voice and has a massive wealth of knowledge about what is out there, what is available and he stays current. He also has a great way to organize his videos so that he isn't wandering around, there is usually a comprehensive plan of attack when he is showing off a yacht.
This channel should have a wealth warning, the more i watch the more i want one!
Only recently subscribed, and as someone with no experience of boats I'm finding this channel fascinating and informative. Thankyou.
Welcome aboard! 🙂
Preparing myself for shattered dreams! 😂
Anything is possible!
Half way through watching this I’m thinking is renting a boat just for a week or so possible!?
Cruises are apparently pretty cheap, too.
It is healthy to dream. But going on a cruise once a year is even better. Twice a year you can actually pretend you own a ship for 14 days of 2 seven days segments.
For me in dubai , bearthing for a 45 foot yacht its 15k yearly for a relatively good one, and 35k for a really good one with cleaning , wifi, tennis, gym, spa, discounts, pool, valet parking, etc.
Edit: I dont own the yacht
As they say "There's only one thing better than owning a boat... that's having a friend who owns a boat."
You can have nearly as much fun and reduce your costs by trailering bowriders or small cuddys. Ideal if you can store them at home and just pay slipway fees but all other costs are basically the same other than anti-fouling. I owned a Campion 545 and then Stingray 220DR. I now have SOT kayaks which we use on freshwater rivers, you can touch nature and hear the wind in the reeds.
As with all these things, you need to use them a lot each year to get value.
Watching this in 2021 as the C-P eases and thinking about boating. Excellent video. Much appreciated Nick.
Glad it was helpful!
Wow Nick has created such a super channel , informative, interesting and high quality. One of the best You tube channels around , equal to Harry’s Garage. Brilliant, keep up the good work
Don't tell Harry that! 😄
i recognized the place right away, i used to live in Torquay and came down to the marina a lot. Can't believe i've been so close to the great Nick himself all along!!
I’ve watched you since the start and your videos are always so good
Glad you like them!
I’ve always wanted a boat and you go into such good detail in the boat and I no witch one to buy with your reviews
I’m just enjoying your channel and am certain in few years will be watching a video where you buy a bigger boat with the money you deservedly earn from your effortless expertise in making the best content.
Thank you!
Nick. Thanks for the great insight. As an outsider looking in (hoping to get my feet wet someday) you've given me a great start understanding the financials.
This has absolutely done it for me. Ive always wanted one. Now our girls are 5 and 2, we are getting to the point that we can go and really enjoy something like this together. A perfect size for a night or 2. Shame I live in South Yorkshire haha but only a couple of hours to the coast so I will start looking into it. Thanks again for this amazing break down. Your boat is lovely!!!
Thank you! Would make a great holiday home on the coast for you as well as a boat.
@@AQUAHOLIC Absolutely! And at £3,000 per week for static caravans which a friend of mine has given into this year, I know what Id prefer to put money into!
@@stuartcoopalnd6975 Ouch!
Most everything you quoted is very comparable to costs here in USA, SouthEast VA on Chesapeake Bay. I was waiting for the fuel costs, and that is the big difference. 1.37 pounds per liter vs 2.75$ per gallon. So it seems you fuel costs are double what ours is. I can cut that fuel price much lower if I use my own 5 gallon cans and fill them at a gas station, which right now is $1.75 per gallon at Sam's Club in Newport News Va. Those prices are for gasoline. Diesel is higher and at the fuel station for cars is about $2.10, and I am sure a marina charges around 3$ a gallon.
@Just think They tax hydrocarbon fuels to death over there in the EU. For various reasons, one they are very socialist country in England and spend lot on the public welfare, another is their view on global warming, so they discourage usage, another is their NHS, which I read is about bankrupt. Imagine also VAT taxes, shudder.
@Just think Dont get ticked at me for what the Europeans do. Co2 is not changing the climate, that is my POV.
You had me at anti-fouling, I'm not buying a boat anytime soon.
I thought the boat name for a kitchen was "Miele".
I can't get over how much content you have. I've been watching your videos like crazy and I don't think I've even put a dent in it 😂
Great videos, I love your channel
Glad you like them!
Nick....If this does not convince your viewers - They should buy a nice little unsinkable, BIC, including two stick things called oars, and that costs nothing per mile to run, at the end of the day (if you still have the strength) you heave it out of the water, and carry it home!! A most interesting video, and thanks for the info! John
As a boat owner that is similar to this one - I’m not even gonna watch the video… I’m going to just say that it’s too much - welcome to Boating! Onto the next video
Thank you, this is very informative as we start the process to find our “perfect” boat.
Glad it was helpful! Good luck
Having owned a Silverton 36 Convertible MY, I can tell you there's always the unexpected costs to consider. A few years ago, after returning to my dock from gassing-up for a weekend cruise, it was discovered that the tank had developed a leak. Emptying & disposing of nearly 200 gals of fuel wasn't cheap, about $1800 for the cost of gas, removal/disposal & repairs.
Thanks so much for your contributions towards a better boating community. I haven't even purchased a boat yet but when I do I'll turn to you for advice!
Loved your video! I learned so much. Your accent us great, too. Thanks from Scottsdale AZ! 👍
Awesome! Thank you!
I am in phoenix and had a boat at bartlett lake a few years ago. A 1987 searay 340. First boat and loved it. Was too busy in my cabinet shop to go and enjoy it much. Sold it and put money into my cabinet shop. Now i want to sell shop and buy boat to live on or move to hawaii. 🤔
This is one of those wild and crazy TH-cam videos that actually answers the question in the video title. What a concept.
Whatever next!? 😄
Just restored a 13 foot Boston Whaler. Total cost of boat, engine and materials were less than one year of ownership of your boat. I probably will go for a larger restoration build for the next one.
Excellent breakdown of an almost impossible calculation, where accuracy is dependent upon so many variables. My own experiences for instance would be entirely different. I am an experienced engineer so I've always done my own servicing and repairs - including rebuilds where necessary. Boat insurance is a simple cost-effective addition to my general cover, which caters for everything. Cars, home, life and so on, so the addition of a boat tends to be minimal.
You tackled an almost impossible subject with ease and professionism, better than anyone I've ever heard. Most importantly, the big question: is it worth it?
YES IT IS!
Well done Nick
I have watched many many boating videos. This is without doubt the most revealing and interesting and influential one. Nick you are a star. So many thanks for your honesty and openness. Many happy boating years to you sir.
I didn't think this would be as interesting as it actually was.