The True Costs of Waterskiing
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!