Realistic Costs

[andyscott]

Hello,

 

I was wondering what you think to the monthly costs I have come to for owning a 60 foot liveaboard for 2 adults and a baby. Im mainly trying to work out if its financially viable to live on a boat (not looking for it to be cheaper).

 

These roughly what I'm thinking a month:

 

Item Monthly Cost

Mooring Charge.................£290.00

Boat Repayment................£485.00

Licence...............................£88.33

Electric (landline)................£26.00

Diesel.................................£42.00

Safety Certificate................£4.17

Gas.....................................£25.00

Hull Blacking.......................£27.12

Engine Servicing.................£9.00

Toilet Pump out..................£10.00

General Maintenance.........£30.00

Insurance............................£10.00

 

Total...................................£1,101.30

 

EDIT: It did not put the figures in the pretty table i made

 

 

We captured the entire costs for one year for Licence, mooring, gas, electric, fuel and coal. This was for Dec 12 - Dec 13 and includes having it out for blacking (we paid crane and jetwash but I blacked myself) and 4 new anodes.

 

All in, £6k (£5k without all the maintenance and parts)

 

 

 

Can anyone tell a newbie what would account for the fairly huge discrepancy between these two figures?

 

Would it be boat repayment(assuming Psycloud owns his boat outright) or more expensive mooring?

[Grace and Favour]

 

 

 

 

Can anyone tell a newbie what would account for the fairly huge discrepancy between these two figures?

 

Would it be boat repayment(assuming Psycloud owns his boat outright) or more expensive mooring?

The difference may well be a mooring, or even something as simpl as more maintenance to one boat than the other.

 

But, more likely, is boat repayment (that's circa £6k p.a. in itself)

[Alan de Enfield]

 

 

 

 

Can anyone tell a newbie what would account for the fairly huge discrepancy between these two figures?

 

Would it be boat repayment(assuming Psycloud owns his boat outright) or more expensive mooring?

 

£1100 per month = £13000

 

Take out (best part of) £500 per month loan repayments = £6000

 

balance £7,000

 

Psycloud's figure £6000, so very little difference.