Money is relative. The more money you have the more relatives seem to know you.

I take the bus. Why am I watching this video?

Rule of the three Fs: If it flies, floats or f*cks, it's always cheaper to rent.

I wen't bankrupt just watching this video. Guess I'll go file in the morning.

My first boat was bought with the help of Ms Lyra Holt Dean. Sailing is thousands of years old and we continue this long-lasting, intriguing and at the same time dangerous tradition! Throughout history sailing has helped various civilizations to develop and prosper as people sailed accross oceans to settle in new undiscovered areas. Each time we set a sail it’s as if you could feel the same excitement, uncertainty and craving for adventure as it used to be thousands of years ago. In a way sailing is like a bridge connecting us with times long lost.

i was a chef on a yacht for 7 years and did not encounter many of that size that did not employ a full time chef. $100K or more per year is average pay. Expenses for food were about $50K a year. Fueling the yacht depended on fuel price, $30K per fuel dock visit was average. Our yacht was busy and ran year round and we also chartered, which does offset the cost to the owner.

Running a yacht is like running a small company that will never make a profit. The bigger the yacht, the bigger the company.

Absolutely wonderful video David. I owned a 35 foot Searay for about 10 years, and while there is no comparison in size, the factors scaled exactly the same, and all your rules applied. In the end, its an expense and investment that translated into quality of life, and THAT is the value proposition to evaluate. It didn't matter if i was cruising Michigan's Great Lakes, or polishing my deck in my slip, the only time i completely forgot about my business, my problems, my customers, and the stress of life, was onboard. You truly understand what your product is, and what your customers need. Wish you much success.

My mini yacht cost me $1400 ten years ago. Fuel, crew, and maintenance have totaled exactly $0. I love my Hobie kayak! Mowing yards has really paid off 😋

As a Captain with over twenty years experience on Super Yachts this is one of the best if not the best video I’ve seen that lays out honest operational cost of owning a MY. You can’t always cover the little things but you’ve done a great job describing the major costs of a vessel this size. I wish more brokers were as honest and up front as yourself as my experience has lead me to believe otherwise. Thanks you 🙏

I had a speed boat for a while I used it on the river was very cheap to run just a few AA batteries and a 9volt battery for the receiver 😂😂😂

And the moral of the story is: Become a yacht's captain ... enjoy the yacht and get paid for it.

I've been looking forward to this video for weeks, and you did not disappoint! Thank you so much!

when you have a yach you have 2 moments of joy: 1 when you buy it 2 when you sell it

Clear and precise information...what a breath of fresh air. Normally when I watch all these yachts for sale videos the price is NEVER discussed nor are the costs of running it. Thank you!

Gosh, your are an excellent presenter. Well spoken and easy to understand, animated (in the right way) and knowledge about your subject. Thank you.

I will never have a yacht in this lifetime. But I sure do enjoy watching these extremely well-made videos. The host is amazingly down to earth, and I find myself enjoying learning from him about something I shoudn't have any interest in. That being so, count me in--a thumb up and I've subscribed.

David, your explanation of who a yacht owner is, and your admiration for their immense sacrifice they make to convert pennies to dollars, and thousands to millions, then finally enjoy it, is spot on. I used to build multi-million dollar homes. I was honored to hear the wisdom of these entrepreneurs.

What I have learned a long time ago, is if you need to ask, you cannot afford. For example, if you have a powered yacht, find out what a new engine will cost. This is a reasonable expectation. Can you pay for one and have it fitted?

Great vlog David. Answered many of the questions I’ve had. I can see the advantages of having a yacht over a vacation home. Thanks so much for the channel

Nicely done and answered many questions I’m sure many others have had apart from me, thank you,

Why am I here? I can barely afford to run myself! Or, my car for that matter! Yes! That was a bit of play on words...

Love your videos!! Very profesional and very informative

This is awesome info! Thank you for putting this together!

I thank you so much for making this video. You truly help me understand the upkeep of a yacht

As always, a very informative video. Great job, David.

Thank you for your honest and informative presentation. I throughly enjoyed watching.👍👍

If you ever do a similar video to this, you might include the potential revenues, charters, etc., that might offset these costs. Great video! THANK YOU!

Another great video, loved hearing about actual numbers and getting a feel for what it may cost to run a yacht of this size!

Great info. Thank you very much. It's a must see video for anyone related to yachts. (Telecom costs is another crazy feature "normal" owner try to avoid if they can) Great video. Congrats!

Well done and well said. very instructive, clear and honest. Congratulations !

Wow, that was a very good, comprehensive presentation. You sound genuinely excited, sincere, and well versed in this subject. 2 thumbs up

I grew up on boats. So I can understand this. There have been several times in my life where I thought about selling the house and buying a nice yacht and going sailing for a few years. There is just something relaxing about being underway.

Great informative video David.....thank-you.

Good to see there are people who thinks alike, makes feel less mindset lonely. Tks. Almost no one analyses costs, not even for a car yearly expenses. Additionally excellent lecture of hard rock data and philosophical approach (inherent two sides of a coin). Good pace, awesome video, short and effectrive, wow.

I appreciate you posting this, I been considering buying a 54' cruiser Express. Thanks again 🌝

Several years ago I had a 216" yacht. I didn't have a crew but it always needed something to be fixed or replaced. I did lots of the work myself & I enjoyed it but it was a financial burden for a relatively poor college student.

Despite the negativity, I love this logic of Yacht ownership. The peace of mind paid today, fuels next years increase in value, well, next quarter.

Nice to see you more casual. I'd love to have a drink with you, on a yacht of course. 😂

So I was watching how to replace fuel tank on a toyota camry, How did I end up here?

Thank you, 🙏 that’s a very informative video.

I was figuring 1.5 million per year including fuel. Using your examples I see I'm not far off. Thank you for your dedication Sir!

Was always very curious about the ongoing costs. THANKS.

This was actually very informative! Thank you, now I'm off to go be a crew member!

In other words, an absolute nightmare

Study engineering, go to course for using yachts or sailing. Become your own crew, enjoy your cruise with your friends and friends only. And maybe on your own alone.

One of your most helpful videos and one of the most helpful yacht videos ever. Thank you so much for answering so many questions we have.

Great straight forward no BS info, thanks.

I want to buy a yacht from him just from his presentation, good one mate. Once my pecuniary disposition matches my desire, we shall talk!!

What you do for fun defines your economic status. Pick a number: 1) Poverty Level Poor - Wait until someone turns on the fire hydrant, then jump in with a $1 blow-up ball from Walmart. 2) Working Poor - Blow up boat or dingy then go fishing. 3) Working Class - Rent a row boat and share the cost with a friend. 4) Middle Class - Rent a Jet Ski, Wave Runner or speed boat. 5) Upper Middle Class - Buy a power boat or a sail boat and drive/sail it yourself. 6) Wealthy - Buy a large boat with multiple levels and drive it yourself. 7) Rich - Get a medium size yacht with a few crew members and a captain to drive you around. 8) Filthy Rich - Get a large yacht with crew, chef and captain and sail around the world until you don't know what fuckin day it is.

Thank you, great discussion. Think 10%. Like every business owner will tell you it pays to have good employees, keeping and retaining good ones is tough. Think about how restaurants treat one of the most important positions, Dishwasher (not only for clean dinnerware but pots and pans) also a good "swing person" (plate salads, prep vegetables, run for the chef), if you don't have a great dishwasher (like facility, chef, service) you are on an unsteady foundation. Pay them better than next door/down the block, and get them involved (train) in other aspects (chefs assistant). Yacht vs private jet (car, hotel...etc). Some have said a boat is just a hole in the water to throw money into.

Thank you so much for shedding light on this it really helps

Thank you for making this video. An informed buyer/participant/student is more likely to do it well, and therefor more likely to make a positive contribution to the culture. That's better for everyone involved.

Fascinating video David, thank you. I love the deckplan of the yacht on the wall behind you. What is she called?? Also, please tell me you're doing something with Vertige soon!!!! Good luck and all the best. Great channel!

Thanks for the video, very informative. I guess I should get back to cutting out coupons for ramen noodles now...

From 09:30 I believe those are the wisest words I've ever heard about wealth and lifestyle. Thank you for being candid, I think plenty of people forget about it.

While I collect point on my bonus card from local super market....

Frankly I was expecting at least double. Thanks for breaking this down.

Thank you for sharing great info!

Outstanding work. Your honesty, precision and expertise inspire confidence and enthusiasm. Liked and subscribed. Thanks.

Outstanding. Thank you.

Another great video, very nice estimation... still hidden costs for; registration, crew medical, Crew Liability Insurance, salary taxes, miscellaneous maintenance/repairs/rebuild (interior, Bow Thrusters, Stern Thruster, Anchor Stabilizers, Active Roll Stabilization, ), crew per diem and travel expenses, crew food, fuel/oil, water, Wireless Internet Card, Satellite TV, Satellite, Data Link)

Thank you for this! Well done and informative video 👌💥💥

Thank you for the information at the end !

Excellent. Thank you!

I have heard that high security yachts, costs 5% annually, as well.

I came here via Nick's recommendation on Aquaholic, great presentation by you and very well done, just subscribed for your future videos, this was very informative, very transparent covering most of the points I needed information on, and very helpful, keep it up! Thanks

Excellent video! love the graphics!

I'm in the process of moving from a 45' to a 82' and our (family) intentions are to move to a 100+' in 4 or 5 years. I found this video extremely interesting, no crew cost for a 45', definitely affordable maintenance and berth cost in Liguria. Moving form 45' to 82' all costs get multiplied from 4 to 6 times, purchase apart. Moving from 82' to around 110/120' every cost will grow x3 again. Hope I'll be able to afford in a few years in order to spend 6 months living and working on board. Thank you for this really enlightening video and the things you say, plain and simple as they are.

Very informative. I'd imagine that a majority of yacht owners pay others to manage the hiring of the crew and coordinate all of the maintenance and servicing of their yacht, handling insurance and legal aspects of yacht ownership. I wouldn't know how to do all that is required, so seeking help by a firm that can handle all of the aspects you discuss in your video would be the best approach for me. Is Northrop&Johnson such a firm that provides "one stop-shopping"" for yacht management services? If not, who are the industry leaders?

Your vids are super top notch bro. Can't wait to see your business grow and one day you'll make vlog videos from your own yacht!

You speak amazingly well. Very few people can come across as good as this in a UKposts video. Very impressive.

Great video, you hit the nail on the head, owning & importantly using your yacht is about happiness and reward. Yes, some buy to say I have made it in life but to me at least thats a little sad. The breakdown of prices are great although a good captains wage do change greatly when you own a considerably larger yacht. Also a good captain will know the great places to suggest you may like to visit which is an invaluable asset. As you say the staff make the yacht, treat them well and with respect and they will reward you and your guests and add to the experience of yacht ownership. Also if you want to be able to use your yacht any time of the year you may get the opportunity to keep the same crew who you will get to know which also improves ones experience. Yes a yacht is a big commitment know matter what the net worth of the individual may be but using the correct agencies and broker can keep ownership costs down as like anything else in life some people are in it just for the money. Really enjoy your videos and can't think of another broker who would make such an honest ownership breakdown of costs.

Great vlog David. 2 questions though, what currency are you using as you talk about dollar's and euros? Secondly, what vessel is that the layout for on your wall? It looks incredible. Cheers

Very informative video, thanks for this, I am sure that many people dream of owning a "boat" but when it comes to 100ft plus the expences can rocket, this video explains in the easiest of terms the basics of yacht ownership and is a great guide to the experience, so very well done.

Great insights very much appreciated this one David. It was indeed something that was needed as it is, as you so rightly said, the price of the hay that will 'kill'you if you are not fully informed.

Cool video, very informative.

I feel like fuel cost would be mentioned.... but cool video like the ending with the happiness speech

Don't forget internet, provisions, soft goods, and exterior hull items like ropes and lines, gel coat, miscellaneous repair items, maybe a new dome for radar, radio equipment and charts, tender costs as well. It's death by a thousand cuts in some cases,especially an older yacht. But the advantage of an older yacht is it teaches you things and if you mess up on it, it's not as bad as a new build you waited 2 years for.

Great videos and an excellent explanation of costs. Thank you

What about fuel costs? For the average yachter and fair prices/litter

Great video....I love yachts but fly a private jet for a living. Our annual operating budget is around $1.25M USD for a Gulfstream IV. Thats roughly 1/4th of the initial purchase price on the used market. One of my previous owners had a 130 Westport(?) and the Capt was commenting on the operating costs. I spilled the beans on what it takes to run our gal and he was floored.

Fantastic video... You certainly know what You talking about... When the time is right I know who to visit...

Thank you for the glimpse into the life of... Forgive the affront as I add that it is slightly confusing and unclear about what dollar and using Euros as well. Cheers

Very informative and well done. I would also love to see a video on the running costs of the really big yachts (Dilbar, Eclipse, Azzam, etc.) though I can imagine those numbers would be more speculative than anything. I just cant see how the 10% rule would apply to a yacht that costs, say $600 million. $60 million dollars a year seems a bit high. I would imagine that as you go up in size, eventually the costs start to level off around the $20m-$30m a year mark.

Very informative vid. Thanks.

Thank you for your honest facts

👍Good realistic numbers. Thank you. 💝 🤔Looking at all of these very expensive open uncovered marinas, I’m grateful to have my covered boat slip / berth. All of the boat slips / berths are covered at my marina. 😃

When you have that kind of money you may as well spend it. You have one life and you can't take your money with you when it is over.

This is why most successful people are happy with extravagant cars and holidays instead! Having said that, living on boats full time is my dream.

Very nice that you are saying you opinion and you are saying the truth, i see that is truth in your eyes))

This video really helped me with my decision to purchase the Ocean Alexander 90r, Thanks!!

Great info thx

Please send link David. Thanks for the wonderful content

Thank you very much for this video. I was really wondering how much it would cost everything!?! Well for the joy that you can get, it is not to much! I was counting much higher numbers in my head, trying to get some clue. The only thing is that I would not go for much longer that a 75-85ft! Anyhow, thank you one more time for the all info. It really helps!

I can't afford to buy anything like a yacht but I do enjoy watching your videos. Well made and entertaining. It gives me a glimpse inside a Club I don't belong to.

I'll postpone the Sunseaker 131 until next year, let those funds grow a little more I think...

Fantastic video. Very interesting and great information. Love the channel.

at about 9-10 mins in you just gave the BEST sales pitch anyone has ever heard!!!!!!!!!!!! you know your proud of that one

Respect bro! Great job