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How Much Does a Sailboat Cost in 2023

Written by J. Harvey / Fact checked by S. Numbers

how much does a sailboat cost

Have you ever dreamed of sailing the open waters on your own trusty sailboat? If so, you’ve probably wondered, How much does a sailboat cost?

Sailboat prices vary widely, whether you’re eyeing a brand-new beauty, a time-tested vessel, or a compact cruiser. Prices can range from just a little over $900 to a whopping $41,000,000 for used and new sailboats alike.

Table of Contents

How Expensive is a Sailboat?

1. small sailboats, 2. mid-sized sailboats, 3. larger sailboats and catamarans, cost of used sailboats, small sailboat price, factors affecting sailboat cost.

how-expensive-is-a-sailboat

To determine if sailboats are expensive, we need to consider various factors influencing their prices, as discussed later in this article.

So, “Are sailboats expensive?” Obviously, there’s no one-size-fits-all answer. 

On average, taking into account factors like size, condition, age, and brand, the average sailboat cost hovers around the high $20,500,000 range. 

However, if we’re talking about the cheapest, it’s possible to catch vessels less than $1,000 in listing sites. However, you have to be sure that they’re legit sellers.

Moreover, anticipate the possibility that they’re cheap precisely because you’ll need to do plenty of repairs to get them to work as good as new. They’re likely to be used sailboats as well.

To get a good idea of how varying the cost of a sailboat can be, look no further than this table (note that prices can fluctuate from time to time, so it’s best to look for exact numbers on your own research):

1978 Jaguar 25 $909
1983 Pearson 303 Pearson From $14,900
2013 Custom Westergard Tancook Schooner $250,000
2023 Catamaran Silhouette 800 SKYE $5,450,000
2025 Perini Navi 47M S/Y From $41,421,241

Average Prices of New Sailboat

average-prices-of-new-sailboat

How much are sailboats that are fresh out of the factory and haven’t been used, though? If we’re talking about most sailboats in the market (small to mid-sized vessels), then you can expect them to cost around $60,000 and upwards.

The size of the sailboat plays a significant role in determining its cost. Here’s an overview of sailboat sizes and their price ranges:

These are perfect for beginners or those with limited storage space. These boats are also preferred for their affordability and practicality. You can expect these sailboats to overlap with mid-size vessels. New watercraft can cost between $22,000 to $50,000.

If you want a better balance between budget-friendliness and performance, then choose these boats that range between 30 to 35 feet in size. Expect prices to range from $35,000 to $60,000.

Anyone with a higher budget ceiling will be better suited for these vessels that showcase their performance and luxury with style.

These will start at least $1,000,000 – and the sky’s the limit from there, given the various brands exercising their creativity in their models.

cost-of-used-sailboats

If you’re open to used sailboats, you’ll definitely enjoy more leeways, as proven by the following figures:

  • Small Used Sailboats: Boats under 30 feet can start at less than $1,000, as proven above. A more realistic starting point would be around $10,000, with an average cost of $25,000.
  • Midsize Used Sailboats: Ranging from $50,000 to $200,000. These include cruisers, sloops, and certain performance-oriented vessels. The average would be somewhere around $125,000.
  • Large Used Sailboats: These will cost half their new counterparts. Based on YachtWorld’s listings, you can buy cruisers, racers, ketches, and luxury sailboats of this size starting at $200,000. That leaves us with an average of $500,000.

Small sailboats are perfect for those just starting out or with limited storage space. You should be looking for significant price drops because it’s possible to bag a vessel for even lower than $900 if you get the timing right.

factors-affecting-sailboat-cost

Several factors can influence the cost of a sailboat. These include:

Larger vessels typically come with higher price tags due to additional amenities and features.

Naturally, more sizable vessels will set you back more than their smaller counterparts. Part of the reason behind this is that the former holds more amenities and advanced features – and, thus, offers more comforts and conveniences ideal for longer voyages.

  • Sailboat Age

As the years of the models listed in the table above prove, older usually means cheaper regarding sailboat costs. These boats require more repairs and maintenance, after all, which will increase the overall cost of ownership in the end.

  • Overall Condition

Is it in good condition and well-maintained? Or has it seen better days, and the previous owner neglected it? Regardless of a sailboat’s age, its current condition will also dictate whether it will be more expensive.

  • Customization

Sailboats with personalized additions or advanced systems may have higher prices.

Did the sailboat undergo some personalized tweaks to impart more amenities and features? It may have been equipped with swanky navigation systems in the past. Those that do will naturally have a higher asking price.

Where is the sailboat being sold? That, too, will affect its price. If it’s selling in a popular sailing destination locale, it may carry a heftier price tag.

  • Market Conditions

Prices can fluctuate based on market trends. During a booming market, most sailboats may sell higher, but once the downturn arrives, they’ll likely fall back down to earth.

  • Insurance Costs

Insurance costs for sailboats are another variable you can consider. Premiums will be dictated by a certain percentage of the boat’s value.

If you want more valuable insights about what’s dictating a sailboat’s price tag, I highly recommend taking the time to watch this video:

I hope I’ve made it clear that the answer to “How much does a sailboat cost?” isn’t as set in stone as some of us assume. There are way too many variables that come into play that inevitably enrich the price pot, so to speak.

Take your time to explore your options across different listings, and carefully consider what factors matter most to you. It will all be worth it in the end, especially if you’re planning to land the dream vessel you’ll use for the rest of your life.

Here are the prices of some popular boat types, click to learn more:

  • Cigarette Boat
  • Fishing Boat
  • Pontoon Boat

sailboat prices 2023

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How Much Do Sailboats Cost 2024? The Average Prices

The cost of a sailboat can vary greatly depending on a number of features, so it’s hard to give a definitive answer without knowing requirements.

Although it’s common to think sailing’s for the rich , that isn’t always the case. In fact, you can pick up project boats for as little as $1! This is unusual though, so what can you expect to pay?

To give a rough idea, a small, basic sailboat can start at around $10,000, while high-end, luxury boats can easily exceed $1 million.

Additionally, the cost of owning and maintaining a sailboat should also be considered. This can include expenses for docking fees, insurance, repairs and upgrades, and essential sailing gear and equipment.

sailboat prices 2023

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When we bought our sailboat four years ago we had no idea if we would like living aboard or how long we would want to cruise for. We knew we wanted a boat under 40ft so we could manage it as a crew of two (or even one if needs be), but bigger than 35ft so we had enough room to live comfortably.

Because we had a very small budget we knew we wouldn’t be able to afford a sailboat that was fully fitted out and ready to go, so we had to factor in upgrades and maintenance that we would complete ourselves as and when we could afford to.

We bought our 38ft sailboat for under £30,000, which was one of the cheapest sailboats that was ‘ready to sail’ in the size and age range at the time. Just like houses, sailboats go and up and down in price based on demand, and in today’s market it is much harder to find a boat like this in that price range.

So now that you have a bit of context, let’s dive into the factors that affect the cost of a sailboat and some average prices below.

‍W hat Factors Affect The Cost Of A Sailboat?

sailboat prices 2023

Before buying a sailboat you will want to consider many different factors, such as what you want your sailboat for, where you intend to sail it and how many crew you are likely to have onboard.

You will want to look at the existing equipment onboard and make a list of extras you will need to fit in order to make it meet your requirements. These extra costs can quickly add up! You should also factor in any maintenance that needs to be done before you start sailing.

Let’s take a look at some of the main factors that impact the price of a sailboat.

New or Used

This is an obvious one. Used sailboats are a lot cheaper than brand new versions. Sailboats are similar to cars and lose their value over time, no matter how much work you put into them. The most common opinion is that new sailboats lose their value on a bell curve, and you will make the most of your investment if you sell a new boat within four years.

Buying a much older boat is cheaper initially, but may cost you ten fold in maintenance and upgrades if it hasn’t been looked after well by the previous owner. You should always use a well regarded surveyor before buying a sailboat to make sure you are paying a fair price.

Larger sailboats typically cost more than smaller ones. You can buy a small used sailing dinghy for around £1000, which will be suitable for hobby sailing for a few hours on lakes or close to shore in calm weather. This is a great option if you’re keen to learn to sail on a small budget.

Here are a few price comparisons on new boats of different sizes.

Average Prices Of 22ft yachts

  • Catalina 22 Sport:  $27,000 + VAT
  • Marlow Hunter 22:  $30,000 + VAT
  • Marblehead 22:  $84,000 + VAT

Average prices of 40ft – 45ft yachts

  • Lagoon 40:  $400,000 + VAT
  • Hanse 418:  $200,000 + VAT
  • Ovni 445:  $600,000 + VAT

Monohull or Multihull

sailboat prices 2023

With two engines, two hulls and a lot more space multihulls fetch a premium. In recent years they have become more popular than ever, and therefore they are a lot more expensive both new and used than monohulls. They are also more expensive to upkeep and more expensive to run.

Well-known, high-end brands often come with a higher price tag. As you can see from the chart above, even sailboats of the same or very similar size can vary hugely in price. This is partly down to the reputation of the brand and boat manufacturer. If the boat has the reputation of being of excellent build quality then it will undoubtedly demand a higher price tag!

Additional amenities and technology can increase the cost. If you’re buying a new boat then it will likely come with all the essentials like depth souder and wind gauge (or this may be something you will need to add on as an extra). Used boats will come with whatever they come with, which may mean outdated or broken equipment, or none at all.

When we bought our used boat we drew up a spreadsheet of all the equipment we considered essential and we added missing equipment onto the cost of the sailboat, so that we knew how much extra we would have to spend after purchase.

Some things, like our sailboat watermaker , might not be essential to others but have changed our lives aboard.

Even things like our lithium marine batteries would now be on our ‘essentials’ list, as they are so power and cost effective compared to the alternatives.

⚡ We use BattleBorn batteries and recommend them highly. You can check them out here. ⚡

A used sailboat may be less expensive, but will almost certainly require more maintenance and upkeep. You can tackle a lot of boat maintenance yourself with the help of YouTube sailing channels and a decent sailboat toolkit , and this will keep costs down considerably.

‍‍‍‍‍‍ ‍‍Overall, it is important to carefully consider all factors and do thorough research before making a purchase decision for a sailboat

The Average Cost Of A New Cruising Sailboat

sailboat prices 2023

We’ve classed a cruising boat as one you could live on comfortably as a couple, so ranging from around 38ft to 50ft.

On average, a new cruising sailboat can cost anywhere from $100,000 to over $1 million . Some popular brands, such as Beneteau and Jeanneau, offer models in the $200,000 to $400,000 range.

Luxury cruising sailboats from well-known brands like Hanse or any catamarans can easily exceed $500,000.

Of course, the cost will also depend on the size and features of the boat. A smaller, basic cruising sailboat may be closer to $100,000 while larger boats with more amenities can easily surpass the million-dollar mark.

Keep in mind that these prices do not include additional expenses for maintenance and upkeep.‍‍

Here are some examples:

  • Beneteau Oceanis 40.1 : $300,000 + VAT
  • Jeanneau Sun Odyssey 410 : $400,000
  • Amel 50:  $1,100,000 + VAT
  • Hallberg Rassy 57:  £1,400,000  VAT

Used Cruising Sailboat Prices

sailboat prices 2023

The cost of a used cruising sailboat will depend on factors such as age, condition, and previous ownership.

A well-maintained, newer model used sailing boat can range from $50,000 to over $200,000. Older boats or those in need of repairs may be less expensive, but require more investment in upkeep and maintenance. You could pick up a used 38ft sailboat for around $40,000, though it will likely need some attention before it is ready to sail.

It is important to thoroughly inspect a used sailboat before purchasing and factor in potential repair costs. As with buying a new boat, the cost of owning and maintaining a used sailboat should also be considered. ‍‍‍‍‍‍ ‍‍

Overall, the price of a used cruising sailboat can vary greatly and it is hard to give an average price, but expect to pay around $50,000 to $100,000 and then extra for maintenance.

  • Tayana 37:  $30,000-90,000
  • Moody 44:  €60,000-100,000
  • Lagoon 380:  $150,000-350,000
  • Jeanneau Sun Odyssey 42:  $130,000-200,000
  • Ovni 445:  $300,000-500,000
  • Hans Christian 48:  $120,000-180,000

How Much Does A Small Sailboat Cost?

Small sailboats, also known as dinghies or day sailors, can range from around $10,000 to $50,000. This cost will depend on factors such as size, brand, and features.

Used small sailboats may be less expensive, but it is important to carefully consider the condition and potential repairs that may be needed. A well-maintained, newer model used dinghy or day sailor can range from $5,000 to $20,000. Again, small catamarans tend to be more expensive than monohulls.

In addition to the initial purchase cost, owning a small sailboat also includes expenses for storage, maintenance, and necessary gear and equipment.

  • Hobie 16:  $11,000 + VAT
  • Catalina 22 Sport:  $28,000 + VAT
  • Catalina 22:  $3,000-22,000
  • Cape Dory 25:  $2,000-10,000
  • Catalina 27:  $4,000-15,000
  • Bristol 27:  $3,000-10,000

How Do People Finance Sailboats?

sailboat prices 2023

Sailboats can be a major financial investment, and many people choose to finance their purchase through a loan from a bank or other lending institution. It is important to carefully consider the terms of the loan and make sure that monthly payments fit into one’s budget.

Some boat dealers may offer financing options or payment plans. However, it is important to thoroughly research these options and compare them with outside lenders before making a decision.

In some cases, people may also use savings or sell assets in order to pay for a sailboat.

In addition to the initial cost of purchasing a sailboat, it is important to also factor in expenses for maintenance, storage, insurance, and necessary gear and equipment. Owning a sailboat can be a rewarding experience, but it is important to carefully plan for all associated costs before making a financial commitment. ‍‍‍‍‍‍

You can find out the cost of owning a sailboat before you decide to buy, and don’t forget it is possible to make money living on a sailboat to keep the kitty topped up. ‍‍

Overall, the cost of owning a sailboat varies greatly and depends on personal preferences and budget. It is important to thoroughly research all financing options and consider the ongoing expenses before committing to a purchase.

How Much Does It Cost To Build A Sailboat?

sailboat prices 2023

The cost of building a sailboat can vary greatly depending on the size and complexity of the boat. Hiring a professional to build a custom sailboat can range from $50,000 to over $200,000.

Alternatively, some people may choose to build their own sailboat with materials and tools. This option can be less expensive, but also requires considerable time and effort. The cost of building a sailboat oneself will also depend on the materials used and any necessary equipment or hired help.

Overall, the cost of building a sailboat is quite personal based on budget, sailing needs, and willingness to DIY or hire professionals. Remember that if you choose to build the boat yourself you will need a covered space big enough to do so, and a way to transport it to water when you’re finished. All these costs can add up considerably!

Where Is The Cheapest Place To Buy A Sailboat?

sailboat prices 2023

Prices can vary by region and market demand. When we were first looking for a sailboat we realised they were a lot cheaper in the US. The only problem with buying there was that we wouldn’t have been able to get a visa long enough to give us time to work on the boat before leaving the country.

Another top tip is to look for sailboats in places that are ‘jump off points’. For example, many people will cross the Atlantic and sell after achieving their dream of crossing an ocean, or reach the beginning of a daunting ocean crossing like Panama to cross the Pacific, and realise it’s something they don’t have an appetite for. There are also cheaper boats in more remote, harder to get to places.

Some people may choose to purchase their sailboat in a different country or region in order to find a lower price, but it is important to factor in any necessary transportation and import fees.

Keep an eye on prices of boats around the world to get a good idea of where you can snap up the best bargain.

Conclusion: How Much Do Sailboats Cost?

sailboat prices 2023

All in all, the cost of a sailboat can vary greatly depending on factors such as size, age, and whether it is purchased or built. It is important to thoroughly consider all financing options and ongoing expenses before making a commitment to purchase or build a sailboat.

Find out how much new sails cost as an example of something you might have to budget for when purchasing a new sailboat.

Ultimately, owning a sailboat can be a rewarding experience but careful planning is necessary for successful budgeting and enjoyment. ‍‍‍‍‍‍If you’re looking for more sailing or liveaboard tips then follow us on social media to stay up to date with our latest articles.

Happy sailing!

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