Just had a look at used sailing boats in Norway and there are a fair number for under $10 000. Basically cheaper than a used car or camper. I’d have one if I had somewhere to keep it.
That’s wildly inaccurate, even as a rule of thumb. Upkeep (excluding storage, which varies widely by location) shouldn’t be over 10% of the purchase price, unless the boat was really cheap or the boatyard doing the maintenance is crooked.
Talking US rates here, I have no experience overseas.
Cheap to buy maybe, but expensive to moor and maintain. A friend who bought a small second-hand yacht said his new hobby was tearing up £20 notes in a cold shower.
Holy shit used cars must be expensive in Norway. I live in Estonia and my first used car was 550 euros 10 years ago. Nowadays the same model (early 90s Audi) could probably be had for 900-1100.
The thing to consider is that while my crappy old Audi received less than 200 euros in maintenance and repairs in the first year, yachts are said to cost you roughly 10% of the initial purchase price per year in maintenance and mooring costs and I doubt those under 10k yachts were 10k new.
You can get a car that runs for around €3000 in Bergen or Oslo, but used cars get progressively more expensive the further north you go. But getting work done on a car is the expensive thing. I payed around €5000 for my car 3 years ago and last year I spent €3000 getting it passed the control. The problem is that Norway has a harsh coastal climate (salt spray, constantly going above and below freezing etc), and shit roads outside of Oslo. I’ve broken 2 springs, cracked my oil sump, and punctured a tyre just because of shitty roads. And because Norway is outside the EU we pay toll on everything we order from outside Norway, which is most things (including car parts) because Norway doesn’t actually produce anything).
Just had a look at used sailing boats in Norway and there are a fair number for under $10 000. Basically cheaper than a used car or camper. I’d have one if I had somewhere to keep it.
IIRC the rule of thumb for boat costs, is that annual upkeep costs for a boat are roughly the purchase price of the boat.
That’s wildly inaccurate, even as a rule of thumb. Upkeep (excluding storage, which varies widely by location) shouldn’t be over 10% of the purchase price, unless the boat was really cheap or the boatyard doing the maintenance is crooked.
Talking US rates here, I have no experience overseas.
Fair I have zero experience owning a boat. However, if I bought a boat for $10K and my annual upkeep was only $1K I’d certainly be thrilled.
That’s the real kicker. a place to moor your boat is often more expensive and even then maintenance costs will be a lot.
Cheap to buy maybe, but expensive to moor and maintain. A friend who bought a small second-hand yacht said his new hobby was tearing up £20 notes in a cold shower.
They say the two happiest days in a boat owners life are the day they buy their boat and the day they sell their boat.
Holy shit used cars must be expensive in Norway. I live in Estonia and my first used car was 550 euros 10 years ago. Nowadays the same model (early 90s Audi) could probably be had for 900-1100.
The thing to consider is that while my crappy old Audi received less than 200 euros in maintenance and repairs in the first year, yachts are said to cost you roughly 10% of the initial purchase price per year in maintenance and mooring costs and I doubt those under 10k yachts were 10k new.
You can get a car that runs for around €3000 in Bergen or Oslo, but used cars get progressively more expensive the further north you go. But getting work done on a car is the expensive thing. I payed around €5000 for my car 3 years ago and last year I spent €3000 getting it passed the control. The problem is that Norway has a harsh coastal climate (salt spray, constantly going above and below freezing etc), and shit roads outside of Oslo. I’ve broken 2 springs, cracked my oil sump, and punctured a tyre just because of shitty roads. And because Norway is outside the EU we pay toll on everything we order from outside Norway, which is most things (including car parts) because Norway doesn’t actually produce anything).
I remember a craiglist post (from like 2000s) that was for a small boat. It was like $600 a month on a payment plan, or $30000 total.
I was in college looking for a place to rent, just a bed. And I really thought about living on a small boat.