Some of you may be interested in our initial start-up costs for the boat - so here goes.
Firstly, there is the cost of the boat which from my recent experience falls into one of the following categories. This is just how I see the market at the moment so it doesn't hold any real substance in the boating world:
Category-1: Higher end new narrowboats costing c£150,000.
Category-2: Low end new boats with poor quality internal fitouts: sub £100,000.
Category-3: Good quality and we'll spec'd secondhand boats: £60,000 to £90,000.
Category-4: Older boats, bigger boats, smaller 'quality' boats, poor quality boats, boats needing work: Various prices below £60,000.
We've gone for a Cat-3 boat as it made perfect sense to get something that was well spec'd and had a good pedigree.
The following annual start-up costs are intrinsic to my 'plan for the worst' scenerio and come to a total of c.£16,300 for the first 12-months albeit I'm expecting a figure closer to £11,000 If lady luck chooses to be on our side.
Also, be aware that some moorings can cost a fortune and may range from a few quid per month on the edge of a farmer's field right through to £16,000+ in London.
All costs specified include any immediate payment discounts:
1. Marina mooring: £2,700.
2. C&RT License: £985.
3. Survey and boat cranes: £1,100.
4. Cranes, Blacking, anodes in 2021: £1,300.
5. Annual insurance: £150.
6. Extra solar and new T-105 batteries: £1,570.
7. Engine and boat Serviceables: £500.
8. Electricity and gas: £400.
9. White diesel (1500 litres): £1,680.
10. Initial equipment purchase: £500.
11. River Rescue: £220.
12. Other Crusing costs: £300.
13. Extra contingency fund: £5,000.
.......and that's about it folks.
Hope it helps you budding boaters
All the best,
Andrew
I'd presume if the boat is coming out for a pre sale servuy that you would black it and get anodes attached. Presuming again, that you are happy to go ahead with the purchase.