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Blog Post

15
MAR
2012

The True Costs of Waterskiing

Posted By : Chris Penner
Comments : 0

Fraser-Valley-Waterski-Club-TrueCostWaterski-560x250-tn

For those of you out there considering joining the FVWSC or even for those of you just browsing our website, here is a good look at how much this sport can cost.

  • A new ski boat can cost $40,000.00.
  • A 10% loan on that amount would end up costing the owner roughly $400.00 a month or $4,800.00 per year.
  • The depreciation on this boat will run at least $5,000.00 to $10,000.00 per year the first few years.
  • The insurance on this boat costs about $500.00 per year.
  • Storage can run $1,000.00 per year.
  • Add to this oil changes $50.00
  • Cleaning materials $100.00
  • Maintenance $1,000.00
  • Ropes and handles $250.00
  • Permits and registrations $200.00
  • Additional auto insurance $200.00
  • Additional auto expenses $2,400.00
  • AWSA membership $50.00
  • Miscellaneous expenses $500.00

…and you have $21,050.00 per year cost to ski not including gas and the cost of new skis and equipment!

  • If someone skis 2 sets a day (a lot of days I ski 1 set), 5 days a week, March through August and an average of 4 sets a week thereafter, they will have a total of 364 sets.
  • Add in a spouse that skis the same amount and you now have 728 total sets.
  • Let’s use $1.50 per gallon of gas times 1.5 gallons per set times 728 sets and we get $1,638.00.
  • Now let’s divide the cost of owning the boat for the year $21,050.00 by the 728 sets and you have $31.16 per set.

If we take a look at the folks up north who ski 4-6 months per year, this figure doubles or triples!”

– Steve Schnitz @ (www.schnitzskis.com)

Any given heavy user of the FVWSC has about 150 sets per year. Using the above calculations, this would give $151.25 per set! Now, consider a more average skier using the site for 50 sets a season, we can triple this number giving $453.76 a set!

Keeping these figures in mind, take another look at our membership fees now!

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