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Running Costs

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49erGBR735HSC View Drop Down
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Post Options Post Options   Quote 49erGBR735HSC Quote  Post ReplyReply Direct Link To This Post Topic: Running Costs
    Posted: 26 Jan 06 at 10:25pm
The running costs question is like asking how long is a piece of string? You can roughly account for how much you may plan to spend in a season but it doesn't really work out like that. Saying that, we haven't spent too much on our boat having to replace parts and it hasn't been much more expensive than what we accounted for. Through pure wear and tear, we've only replaced vang arms and the rest of the expenditure has been out of choice.
Dennis Watson 49er GBR735
Helensburgh S.C
Boat Insurance from Noble Marine

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Tornado_ALIVE View Drop Down
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Post Options Post Options   Quote Tornado_ALIVE Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 7:53am

Our fairly modest budget for the F-18 Worlds in Feburary 2007 Australia.  This does not include a trip to France for the 06 World Champs as it does not look financialy possible for us at the moment.

                                                                    2005                  2006

Capricorn F-18                                        $27,842

Trailer                                                          $  5,000

New Sails                                                   $  3,724           $  3,724

Boatyard Fees                                            $     370           $     265

Coaching                                                    $  5,000           $  4,000

Race Fees                                                  $     840           $     840

Travel Expenses                                       $  5,000           $  5,000

Maintenance                                               $  1,000           $  1,000

                                                                                                                            Total

Totals                                                         $48,766          $14,829          $63,595

 

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Stefan Lloyd View Drop Down
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Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 8:43am

AUS$, presumably? £1 = 2.36AUS$ 

What could you sell the boat and trailer for at the end? If it is a budget for a specific event, that really ought to be in the equation.

 

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Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 8:48am

Originally posted by Sarah B

PS Voiles et Voiliers (French sailing magazine) proposed that you spend 10% of the purchase price in a year. It seemed to work with Dad's 37footer, less so with a Radial.

Doesn't work at all for a sportsboat on the Hamble.

I bought it for £16K and spent around £6K a year.

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Post Options Post Options   Quote BOABS Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 9:10am

From experience, I am absoutely convinced that the 49er is a £50 per week habit. If you factor in sail wear and tear, rope, block and cleat replacement, the odd tiller extension, cans of dry lube etc etc.

I can't give up sailing the 49er so I have given up counting the cost!!!

 

 

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gary View Drop Down
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Post Options Post Options   Quote gary Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 9:14am

Originally posted by 49erGBR735HSC

The running costs question is like asking how long is a piece of string?

Twice half its length!

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Stefan Lloyd View Drop Down
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Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 9:47am

Originally posted by 49erGBR735HSC

The running costs question is like asking how long is a piece of string?

The correct answer is for the running cost of a boat is "Twice as much as you are prepared to admit to yourself". And four times what you are preparerd to admit to your wife.



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Tornado_ALIVE View Drop Down
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Post Options Post Options   Quote Tornado_ALIVE Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 9:56am

Sell the Capricorn for about $20,000 after the Worlds

$63,595 - $20,000 = $43,595 loss over 16 month period ie from October 2005 to Feb 2007

Take out the $9,000 price of coaching and that still leaves a $34,595 loss for an average local sailing campaign.

These are figures I have quoted on my sponsorship proposal and does not include breakages.

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Tornado_ALIVE View Drop Down
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Post Options Post Options   Quote Tornado_ALIVE Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 10:11am
1.00 GBP
United Kingdom Pounds
= 2.36335 AUD
Australia Dollars

 

                                                                                2005                  2006

Capricorn F-18                                                   £11,776.80

Trailer                                                                 £  2,114.93

New Sails                                                                 £  1,576.37      £   1,576.37

Boatyard Fees                                                     £     156.62     £        112.19

Coaching                                                             £  2,114.93     £     1,693.15

Race Fees                                                           £     355.58      £       355.58

Travel Expenses                                                   £  2,114.93       £    2,114.93

Maintenance                                                        £     423.38      £       423.38

                                                                                                                            Total

Totals                                                               £ 20,652.31     £ 6,280.05    

 

Total - £ 26,927.21

Sale - £    8,471.70

Loss - £ 18,466.18



Edited by Tornado_ALIVE
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Stefan Lloyd View Drop Down
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Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 27 Jan 06 at 10:24am

Looks reasonable. Good luck finding sponsorship!

 

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