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How Much Does a Yacht Cost ? 

How much does a yacht cost? I am often asked what the price of the yacht is and what his $2 million yacht looks like. The answers vary, and different types of yachts are considered small or large. 

As a starting point,  yachts in the 40ft to 70ft range for sale ranging from $6,300,000 for a 68ft Viking in 2022 to $104,000 for a 40ft Sea Ray in 1997. New yachts ranging from 40ft to 70ft vary by model, engine, additional options and additional features. For reference, though, the base price of the new 54 Viking Convertible is currently around $3.1 million.

In general, yachts that most people would classify as a 40ft to 70ft class vessel range in price from $100,000 to over $10,000,000 depending on size, year, model, and whether new or used. According to Encore yacht in Miami,  the average cost of a yacht ranging from 56 feet to 79 feet was $1.1 million. Let’s take a look at the different classifications of yachts.

Examples of yacht types and prices

There are two categories of yachts: sailing yachts and motor yachts. As for size, most people classify a ‘yacht’ in the 40 to 70 foot range, with accommodation below deck for an overnight stay plus a head, galley and plenty of deck space. Nevertheless, yachts can range up to hundreds of feet, and the largest luxury superyacht is at AZZAM of 590 feet.

How much does a small yacht cost?

If you own a yacht that is less than 40 feet in length, it is usually called a cabin cruiser or cruiser for short. You may be wondering how much a small yacht or boat costs. Smaller boats under 40 feet start at  $46,000 for 24th Century and $1,099,000 for the 2021. 

What is the price of a superyacht?

Superyachts typically exceed 78 feet in length and are manned by a full-time crew. Superyachts are known for offering pure luxury and ultimate comfort to sea travelers. Examples of superyacht prices include a 2012 Sunseeker 40M priced at $14,950,000 and a 1994 Oceanco 126 priced at $3,495,000.

What is the price of a mega yacht?

What is a megayacht? Megayachts are usually longer than 165 feet and have no upper limit. All megayachts are superyachts, but not all superyachts are megayachts. Currently, the world’s largest mega yacht AZZAM is valued at around $600 million. 

Final words 

Small yachts, large yachts, used or new, there are many factors that determine the price of a yacht. The certified sales professionals of Encore Yacht will help you find the right yacht. Buying a new or used boat is a big decision, but it offers the best adventures and memories of a lifetime.

Encore Yacht’s  knowledgeable and experienced sales and customer service team is unmatched in the yachting industry. Every boat purchase is different, but the sales professionals and commercial office work hand in hand to ensure your expectations are exceeded and you get luxury yacht rental at very good price.