Every boater or boat enthusiast knows that boats come in different sizes and forms. You have boats the size of a small speed boat to some as big as a 60-foot catamaran. And obviously, they would also have different price tags on them and different upkeep and maintenance costs. I mean, you don’t expect the price for a small speed boat and a 60-foot cat to be remotely equal now, would you? Moving to the topic at hand, how much will it cost to own a 40-foot catamaran boat? This is the question that should be on the mind of anyone planning to purchase one. When looking at the cost of owning one, you will have to consider a lot of factors, such as the cost of buying said boat, the cost of maintaining the boat, and living expenses and utilities on the boat.

Buying the Boat 

You should know exactly how much the boat you want to go for costs. There are different types and brands of 40-foot Catamaran Sailboats in the world from different designers, and all of them go for different prices. Therefore, you should research the boats and look for one that fits snugly into your budget. Here is a list of some decent 40-footer vessels and the price they will go for:

• The Bali 4.0: The Bali 4.0 is a modern marvel. She’s a 40-foot cat that combines the most attractive new characteristics of the modern cat, making it desirable. The 2016 model goes for about $391,247.
• The Fountaine Pajot Lucia 40: She is a lovely vessel with a very stylish interior design. She’s lightweight but is smaller in volume than her other models. The Lucia 40 comes in different versions like the Lucia 40 Equator with 4 cabins/4 bathrooms or 4 cabins/2 bathrooms and the Lucia 40 Maestro that has 3 cabins/3 bathrooms or 3 cabins/2 bathrooms. She is priced at around $390,043.
• The Lagoon 400S2: She has decent performance on water with a big interior volume and luxurious accommodation that is spacious enough for a couple to enjoy their sale. The 2016 model goes for about $429,000, while the 2015 model goes for about $335,900.                                                                                                  
• Leopard 40: She is heavier than other catamaran models, but it doesn’t make her any less classy. The bridge deck is lower than those seen on other cats, which allows for more buoyancy. The 2008 version cost about $250,000 while the 2006 version costs about $205,000.  

Please note that the prices listed for all the boats above are estimates, and they vary from dealer to dealer. Also, note that the age of the boat will have a considerable effect on the price.

>>Also Read: 10 Best Catamarans Under 40 Feet

Costs After Buying Your Boat

• Tax: Now, this is something you can’t escape. The amount you have to pay in tax is heavily dependent on the state you reside in. But irrespective of where you stay, there are 3 basic tax fees you have to pay: sales tax, use tax, and personal property tax.
• Insurance: You have to insure your boat just in case. A lot of factors affect insurance, like the age of the boat, length, value, and speed of the boat. For a catamaran sailboat, you need to get boat insurance.
• Fuel and diesel: The amount of fuel a vessel will need depends on the design and size. For example, a 50-gallon (190 litters) tank of fuel can propel a 3-foot sailboat for 300 miles (482.8 km) but will barely last a 40-foot cat going at high speeds for 33 miles (53.11 km). However, this cost depends highly on you based on how much you use the wind and your sails as a means of propulsion. 
• Mooring: Where you decide to dock your boat has a significant impact on your finances. Mooring is a time-based charge that is applied to all vessels for staying in a marina. The cost of mooring depends on a lot of factors, like where you decide to dock, the type of vessel you want to dock, and how long you want the boat to stay on the marina. For docking a 40-foot cat, you could spend $12,042 yearly in a popular marina with long waiting lists. The price drops for marinas with little or no waiting lists. Also, the bigger the boat, the more expensive the mooring fee will be. A lot of marinas offer additional services on top of the basic package. Of course, this will also incur additional costs. Another aspect of owning a cat that costs money is the maintenance of the boat. When the cat sets sail, it’s exposed to the harsh marine environment, which is detrimental in the long run to the boat. Hence, it is necessary for regular checks, repairs, and replacements to be done to the boat.

>>Also Read: 10 Best Catamaran Brands

Maintenance Costs to Consider

• Washing the vessel: washing the boat regularly is very important. Keep the boat neat and attractive.
• Cleaning the rails.
• Inspecting and washing sails of the boat, including fixing any tear or damage to the sail.
• Ventilation of the interior parts of the yacht.
• Maintenance of the boat plumbing system.
• Clearing the sewage tank.
• Regularly scrubbing up the barnacles that are stuck on the bottom of the hull. Do not forget to check for cracks and chips. Also, treat the bottom with anti-fouling coating polishing for the hull. You could hire professional divers to help with cleaning the bottom.
• Polishing the hull: You need to remember to polish or even repaint the hulls of the boat when the paint starts washing off or wears out. Before polishing, make sure to inspect the hull for any damage. 
• Do not forget to take care of the engine of the boat; always do regular checks on the oil level and clean the filter.
• Take care of the boat battery and replace it when the battery is out of commission.
• For the interior parts of the boat, the vinyl furniture in the boat has to be cleaned several times in a season. Also, remember to use the correct cleaners, or else you could cause more damage and incur more costs. To reupholster a piece of vinyl furniture, for example, would cost around $500 to $3,500.

You will also have to put enough money into the safety of the crew or the family aboard. You have to purchase life jackets, paddle horns and signal flares, marine binoculars, and waterproof materials in case of an emergency.

In addition, you will have to pay for basic utilities like electricity, cable, garbage disposal, and clearing out the sewage. In some cases, you might even have to pay for storage. However, you can’t really put a specific price for the above list because there are too many variables in place.

>>Also Read: Catamarans vs Monohulls: Which is Better a Better Sailboat For You?

Average Cost Of Owning a 40-Foot Catamaran Sailboat – Final Thoughts

In conclusion, owning a 40-foot catamaran sailboat might seem like an awesome and flush idea at the beginning. However, boat enthusiasts and prospective buyers out there should always keep in mind that there will always be additional costs that come with keeping and maintaining the boat so that it remains in its prime condition. Many brokers/people who sell boats would advise any prospective buyer to rent or charter the vessel for a while to get a feel for the responsibilities and work that comes with owning a boat before you finally decide to buy the boat. 

As you can probably imagine by now, there is not a clear answer to this question. However, the most accurate answer would be that the cost of owning and maintaining a 40-Foot Catamaran Sailboat is around 10% of its purchase price. Meaning that if you buy a $300,000 catamaran, it will run you around $30,000 to own.