You’ve always dreamed of having a large, luxurious yacht. You can imagine yourself throwing countless over-the-top parties with hundreds of your closest friends. Life couldn’t be better, but before you pull out your credit card to cover this multi-million dollar purchase from an HMY yacht dealer in Naples, FL, you need to consider the costs associated with maintaining such an important item. Just like any other major investment, there are additional costs you should know upfront before making the plunge.
Maintenance and Upkeep
When you work with Allied Marine to connect with an HMY yacht dealer to purchase the yacht of your dreams, you need to keep in mind the maintenance and upkeep to keep your boat in pristine shape. As a general rule of thumb, you should expect to spend around 10 percent of the yacht’s purchase price yearly to keep your boat running. This includes fuel, which can be quite pricey. You also must pay dockage fees that can cost about $350,000. Insurance can easily cost nearly $250,000. If you need any repairs or maintenance, that’s going to cost you as well.
The Crew
You can’t have such an extensive and monumental yacht without a crew. Of course, with a high-caliber yacht from an HMY yacht dealer in Naples, FL, you need a world-class crew to ensure your boat runs as it should. It goes without saying you want the best captain money can buy. On average, a captain with at least five years of experience can command a yearly salary of almost $200,000. Additionally, if you plan to regularly entertain, you’ll need chefs who also need their own crew to keep the food flowing. Yachts also require deckhands, stewards, engineers and more to keep your ship afloat.
Contact Allied Marine as soon as possible for more information at 1-954-462-5557.
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