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What is the average cost to maintain a yacht?

There are a few adages that I've heard over the years, "The two happiest days of any boat owner is the day he buys and the day he sells", "a boat is merely a hole in the water where you pour money", and "the price of the boat is the least of your worries."

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EJ Lambert profile image75

EJ Lambert says

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4 years ago
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    Wes Lambert (wjlambert) 4 years ago

    despite the fact that I may never own or operate a yacht, it was a legitimate question. I am curious because I want to compare it to the cost of renting out a yacht versus buying bulk tickets on a cruise ship.