November 8, 2022
By NBOA
New sailboats usually range from $100,000 to $500,000, while the average cost of a used cruising sailboat is generally between $10,000 and $100,000. One of the most important considerations in pricing a boat, regardless of its class, is age.
Generally speaking, a new motored fishing boat around 16 to 20 feet in size with a trailer and standard features will cost between $18,000 and $45,000, depending on the model. A significant factor that makes fishing boats unique is the type of water that the boat can traverse.
With large decks (ranging from 15 to 30 feet) that sit on top of long tubes known as pontoons, pontoon boats offer passengers a smooth, spacious, and comfortable ride. A relatively cheaper option compared to other watercraft on our list, pontoon boats usually fall in the $15,000 to $40,000 price range.
While yachts vary in size, luxury, and extensive range of value, one of the most prominent explanations for their extreme pricing is supply and demand. The size of a yacht ranges from roughly 35-160 feet in length, with anything bigger being classified as a super-yacht. A yacht can cost between $300,000 and $15,000,000, with some of the most extravagant super-yachts reaching upwards of $300,000,000.
After finding your dream boat, the experts at NBOA are ready to help you navigate the next steps of financing and Boat inaurance.