Boat Ownership

For a $35,000.00 Boat

Initial Payments:​

  • Down Payment: 15% down​

    • $5,250.00​

  • Rigging (safety equipment, water toys, boat necessities)​

    • ~$1,000.00​​

  • Initial Tank Fill-up: $100.00​

  • Dealer Rigging: $1,000.00

  • Total Initial Payment: $7,350.00​​

Monthly Payments:

  • Storage: $255.00 per month

  • Insurance: $50.00 per month

  • Boat Payment: 6.49% for 10-year term​​

    • $397.24 per month

  • Maintenance: ~$300.00 per month to maintain​

 

Total Financial Commitment for the first year: $19,376.88

 

CBC Membership