When it comes to luxury experiences, many have wondered, “How much does it cost to rent a yacht”? That depends on the duration of your charter and the size of the yacht you wish to enjoy.
Private yacht charters are typically chartered in three ways:
- Term (multiple days and nights aboard)
- Day/Evening (4-8 hours at a time)
- Bareboat (without a crew)
As you can imagine, the cost varies widely depending on your needs.
For example, a week Term Charter in the Bahamas aboard an 80’ foot crewed yacht would be somewhere about $35k before additions (food & drink) and gratuity.
A six-hour day or evening charter would be approximately $5,000 before additions and gratuity.
Bareboat charter costs are so different that we cannot provide an approximation, but recommend you view this website for more information on that.
If you’ve been considering renting a yacht for your next vacation, it’s important to understand the costs so you can choose what’s right for your budget.
Let’s break down the various factors that determine the cost of renting a yacht.
The Cost to Rent a Yacht: Factoring Size and Type
Of course the first factor that affects the cost of renting a yacht is the size and type of yacht you choose. A smaller yacht, such as a 50-foot motor yacht, will almost always be less expensive than a luxury sailboat that spans 100 feet or more.
However, keep in mind that motor yachts have more amenities and are more luxurious than sailboats. Additionally, the newer the yacht, the more expensive it will typically be to charter.
Destination & Duration Factors
The destination you choose will also impact the price of renting a yacht. The cost of chartering a yacht in the Caribbean is quite different from the cost in the US, for example.
During the high season, yacht charters are more expensive than during the off-peak season. When selecting a destination, consider the time of year and how much it’ll cost you to get there, too.
How long you plan to rent a yacht will also play a role in determining the price. As noted above, term charters are the most expensive since they include overnight stays and multiple days aboard. However, note that if you choose a shorter charter, the daily rate will be higher than if you choose a longer charter.
Additional Fees to Consider
Finally, be aware of additional fees associated with yacht charters. For example, food and drink are rarely included in the base charter cost. It is customary to tip 18% in the US (or more, if you had a fantastic time) and that’s also a cost to factor in.
As the ultimate symbol of high-class vacationing, renting a yacht can be a once-in-a-lifetime experience. We hope we’ve answered your questions; please don’t hesitate to contact Karen our Cruise Concierge with any other questions you may have.
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