So what have we learned about costs?
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We have categorised expenditure in three groups - start up, fixed annual and maintenance, and here is the approximate break down:
Start up
survey £420,
dry dock £130
plus purchase price
Fixed annual costs *
moorings £1000
insurance £135
BW license £800
Maintenance
blacking, welding, anodes £900 * ** ^
engine service £100 ^
odds and ends £200
* varies according to mooring and length of boat
** a recurring cost divided between three or four years;
^ cheaper if you diy
Fuel cost is about 0.5 litres per mile or 9.3 mpg (see previous blog entry, 4th May 2010)
So in round figures that looks like £2,500 per year plus fuel, all divided between the two of us.
Frankly, given the fun we've had, I rate that as a bargain!