Tool

Boat club vs ownership calculator

Five-year all-in cost comparison. The honest answer usually depends on how often you actually go out — but the numbers help frame the decision.

Club membership

Initiation fee ($)Monthly dues ($)

Ownership

Purchase price ($)Slip / storage ($/mo)Insurance ($/yr)Maintenance ($/yr)Fuel ($/yr)Depreciation (% / yr)

5-yr club

$33,000

5-yr ownership

$80,660

Club saves

$47,660

Residual value subtracted from ownership cost. Doesn't account for financing interest, opportunity cost of the down payment, or your time washing the boat.