Boat ownership cost calculator

Compare owning a boat on your own with owning a 1/4 share through Galenne, over a typical 4-year co-ownership cycle. The upfront payment is an asset: when the boat is sold at the end of the cycle, you get it back less depreciation.

20 days
Buy it alone1/4 share with GalenneCharter
Upfrontan asset, not a cost$0
Monthly running cost–
Yearly running cost
Back when the boat is soldafter ~4 years, estimated$0
All-in cost per day on the waterrunning cost + depreciation
Net cost over 4 years

Estimates, not promises. Every figure in this calculator is an estimate for illustration. Resale prices, depreciation, running costs and charter rates change with the market, the season, the boat's hours and condition, so your actual numbers can be higher or lower.

Net cost = upfront + 4 years of running costs − what you get back when the boat is sold. Charter money does not come back. Fuel is extra in all three options.

Over a 4-year cycle, a 1/4 share costs you an estimated less than buying this boat alone
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Estimates for illustration, not an offer. Depreciation is estimated at 8 to 10% a year for a pre-owned boat with low hours, and at about 15% in the first year and 8 to 10% a year after that for a new boat, the same rate for solo and co-owned boats; resale value is not guaranteed. Solo running costs come from the Saxdor 320 GTO's real operating budget and are rounded. "Same standard" includes professional yacht management, cleaning and detailing, and insurance for the hull at full value with $1M liability, about 4% of the boat's value a year. "Run it yourself" removes management and detailing and assumes the basic cover most private owners buy, about 1%. The bi-weekly wash plan is mandatory only at Rickenbacker. Malibu figures are estimated in proportion to the Saxdor budget. 1/4 share uses the published share price and monthly contribution for each boat, excluding Galenne's acquisition fee, closing costs and applicable Florida taxes. Charter is based on about $1,700 per 6-hour day for a comparable boat on Boatsetter and may vary by season.

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