These vids are absolutely great. Especially considering it's an opinion from a boat marketing industry professional. Anyone in the market for motor yachts will Love it! Thanks!

Of all the people who review boats online, you are by far the most honest and critical. Helps that you're hilarious as well. Keep it up.

Unfortunately in the real world the depreciation is far greater than that, I was the skipper of a brand new Princess 65 flybridge yacht which cost us £1.1m and it arrived from the factory with 168 faults which took princess 3 years to put right. At the end of 3 years the boat was perfect and we sold her for £550,000. The owner had about 60 nights on board in all that time. They really are a huge hole in the water to throw your money into, but fabulous fun.

Love all the information, presented in a very likeable manner! For a man who lives the furthest from the water in Northants I love to see all of your content, keep up the great work 👍🏼👏🏼👏🏼👏🏼

Again a demonstration that honesty is the best policy. This exercise shows your integrity. Thank you.

This 60 and the 56 are by a absolute country mile the best value on the market for a family owner run boat! When you look at today's new boat prices this 60 and 56 are an absolute bargain! Both have kitchen and separate dianette plus a large saloon without it used as dinning like newer models that don't have a separate dianette seating! 3 great sized cabins beautifully crafted fast top speed if needed and fantastic outdoor space for summer! You can get into almost every marina! A lot of people don't realize A lot of marinas won't accept any boat over 60 feet! Princess boats don't age in the looks they are modern and elegant and timeless! Great video happy sailing all!! 🛥⚓and God bless all 🙏❤

"This is a straight line curve" ..... Priceless - keep the vids coming

Just stumbled across this channel/video. Never seen a walk-though of a boat where a "floss-test" is done. I'm sold. Subbed. Also you are very funny and enjoyable to watch and listen too. Keep it up. :)

Lovely boat James. The tour was as indepth as always. The salon is very spacious but the flybridge is awesome. The highlight of the tour was the breakdown of costing. Very seldom talked about, (almost never). Appreciate the info and tour, Thanks. Cheers

Really grateful for showing us running costs, definitely rules me out of “ever” owning a boat of this stature, unless I win the lottery.

You haven't changed much since school "See my socks" lol.... Great work. That screen reminded me of one of those invisibility screens people have been making.

You only told me what I already know: I will never be able to own a yacht. Yet I thank you for this video :)

Very useful info. The correct calculation of the cost is £146,000 per annum.

Love all your videos. No BS and straight to the point. Thank you.

Probably one of the most entertaining and yacht broker videos I’ve seen. Good job

Another informative tour James as always, it was both humorous and serious floss test and "shout" Windows included! It was nice of you to include the full cost of running a boat, not often seen by other yacht brokers James, must be a "first!"

Love of mad socks, yachts, and mysterious shrinking jeans... kindered spirit there.

Really interesting, very well presented and easy to understand. Thank you James!

Thank you so much, really good video and answered a lot of questions for me personally. Like a lot of posters here are saying “if I had the money, I would buy a boat from you” you are searing honest 😀

Thanks for all the finance details! Note to Princess: Rounded Corners on the Fridge hahah

ROFLOL. The "Floss" test. Loved the demonstration. I'll have to remember that, if I ever get opportunity to purchase.

Great video. Ive never seen a video talking about the costs in such detail. We all hear the silly figures of superyachts, so to see figures for 60ft boats is realistic. Out of interest, what is the ratio of your customers who buy in cash vs finance to purchase a typical 60ft Princess?

Another top video James! I have to admit I’ve become addicted to your videos! Superb socks this time! I don’t think this would fit in Tollesbury Marina. All I need is a Riva Aquarama. That’ll do me!

Can’t believe I’ve only just found this channel…. So glad I did! Been looking for a comprehensive view on costs of one of these boats for ages! So the 8-10% of boat value, which a lot of people mention seems true in this case. Here’s a question, which boats generally have the lowest % (of total value) running cost

Just subscribed because I'm considering buying a boat. You've shocked me with the annual running costs. I'm going to need to halve everything to afford to get on the water. Smaller boat & no finance for starters.

This is a great cost break down, helps give an idea.

Thank for sharing James. Cost information was helpful and tour was fantastic loved the little bed roll in the master

excellent! So a $3M boat with a crew of 3... probably around 10%, 350-400k/yr... depending on how many engine hours and mooring costs, full time or part time crew...

Love the content! Keep it up, please could you do some more videos of taking different boats out on the water for a spin, I remember a few months back you took one up the river for a spin that was great! Thanks

Great explination and socks James, i cant wait to get back out onto the water this summer.

Brilliant James.... so informative... 2nd viewing.... watched the first view whilst travelling home from work in a taxi LOL.... Thanks for taking the time to make these really great Vlogs.... what can I say :) As everyone, looking forward to the next Vid !! (know how much time and effort is put into making these vlogs) best regards to you and the family. Have to agree with a vlog below... you are so honest and yet critical in an amazing acceptable professional way..... :)

Great Video and Great job explaining some of the costs, which I should point out are subjective. Obviously the fuel costs you mentioned would vary depending on how much cruising one does in a year. If you pay cash which I'm sure some people can do, then the financing and interest normally attached to it would be void. In North America as I am then berthing could be cheaper depending on the location and the Marina. Again some people might be berthing their yacht at their home which is located on the water front. Insurance I assume would also depend on whether you are a seasoned boater or new to the market. Having said all that I did like the fact that you gave your best attempt to make people more aware what the costs of ownership really are. Some things which I always look for which I think you didn't mention is; What is the beam length? What size is the black water and fresh water tanks. What is the cost of pumping out the black water tank? Thanks

Excellent video. Covers everything, from a tour of the boat, to the specs, and love the summary of costs at the end. Thank you! Hello from Canada!

this is so good and we all need to know the cost its not boring your the best

You are a funny man, in the best sense. Great information. Please keep the roll across the bed in each video... very James Bond!! From a glum overcast Sydney.

Love your out takes at the end James 😂

you’re underrated. I love your videos, sometimes funny 😆.

We watch cus it's bloody interesting 😂😂😂.. great tour and a lovely boat .. 😁👍🏴󠁧󠁢󠁥󠁮󠁧󠁿

James thank you for being so transparent very interesting video's.

Lovely tour, James. Thank you.

Very fair explanation and well explained but maintenance would be more like 20-30 not 10 , really enjoyed this video

I love the lighthearted fun way you do your vids, look forward to your next one, and watch your toes....

Personally, speaking, I would purchase the boat with cash That way you can save on interest, and any banking charges you would have to go through. I usually have a philosophy and that is if you can afford the price of the boat all of the other stuff that you have to go through is easy. It’s when you gotta ask questions on how much things cost then you’re gonna have to step back and look at your financial picture in a bigger perspective before committing into purchasing something like this. I had boats before and let me tell you from experience they are money pits they can be if you buy brand new, not so much for the first couple of years and depending on how much you would utilize the boat but after that, they can get to be expensive some people would be categorized as more money than brains. that’s why I would purchase things like that because I don’t worry about the cost of keeping a boat that size. And also personally, I wouldn’t have a crew for a boat that size. I would operate the boat myself with my family. 😎

Cool video, cool boat. I would not be able to live with a microwave down below like that though. 4:29 lol, luckily this will never be an issue for me.

Brilliant vid as usual and the costs made me laugh in disbelief but also in admiration for those that can own this 👏👏👍❤️🇬🇧

Thank you for such a detailed video, most guys miss the financial part😂

BTW the costing and comedy outtake were brilliantly simple 🎖🥇🎖

19k subs. Wtf? You are great. Good job! Keep it up. Love the videos from BC Canada!!

Subscribed as you asked so nicely 😀 I came here after watching one of Nick’s videos

The boatyards I work in, (or river) most just get red diesel delivered which costs between £0.90p to £1.25 a litter depending on how much you buy etc, But with the reforms now on when you get it delivered or from a fuel barge etc, you will need to get a duty rebate of 46.81PPL making diesel around £1.20LT.

Beautiful boat,love that extra storage instead of the useless sofa. Great tour, 8.5 for the roll in the master-execution was perfect but the finish was awful!

We still have a Princess 420 (several refurbs and tech updates in) and it's a great boat.

Wonderful video! Would you happen to have fuel mileage if most of the traveling was done at displacement speeds? I'm guessing 8-12 knots for a boat like that, correct? I know that this type of boat is designed to cruise on plane, but for coastal cruising such as on the east coast of the US, many times it's more about the journey than the destination, so speed isn't really a factor except in cases of emergency or outrunning a storm. Thank you!

So it's about 10% Runnings of boat price. As for £60k capital usually is a lowercapital repayment in years 1 to 4 and higher interest, but depending on the rate you should be able to work the sweet spot which gives you the optimum time upgrade. It would be good to work with customers to find the right time. Also helps you market products to maximise your and your customers best options.

This will be a lovely(depreciated) boat in about 7yrs

I’m not poor by any definition, but the fuel cost alone is my household’s entire discretionary money (take home less mortgage, bills, food and essentials) in a whole year.

I was looking to upgrade my yacht but now I think I should just sell it and be done with yachting. I know my costs are high but never did the math.

very good detail and funny too. keep it up.

My friend used to work on a super yacht as an engineer. Forget capital which isn't great as an average a boat costs 10% of it's cost per year to run the boat. So a £20m boat is £2m.

Appreciate the breakdown. I assume going slower (displacement speed) would be less savage on fuel but in the big picture wouldn’t make much difference. Cheers

😂😂😂 I’ve always wanted a boat /yacht, now I know why you have making comments respectful ! There has to be an easier way to destroy money like maybe have a BBQ with it lol , now I know why boats are called holes in water 😂😂😂 Great content and it’s been a real eye opener and truly shocked at the cost . It’s good to see your in Essex I’m from Basildon and live in florida where boat ownership is so much cheaper .

Great video, I especially appreciate the cost calcs, although I think you left some major items out, such as the cost of supplies and food, crew costs if any, etc. Could you add them here or edit the video and add them in it? PS I was a professor of Naval Arch for 38 years (now an Emeritus prof) and taught these cost calcs all the time.

beautiful! great to see the actual costs. thanks for that

Love the videos! Can you do one of these videos factoring in charter income please?

Boat… it’s called a bloody castle 😀 open the champagne and turn up the music

Basically to own and run this, we are looking at all the salary of 4-5 nurses working full time.. every year. You know you have made it if you casually can afford this kind of boat, to use it on a random weekend.

Thanks for the video it was interesting. Just one question. Why did you sit on the kitchen bench and read out how much it cost to run a boat? A kitchen bench is a place where you prepare food, not sit. Directly behind you was a very comfortable couch to sit on. Do you prepare your food on the couch at home?

Love the video as great insight in to my lottery win purchases when it happens, you scared me at costs though 😂

Great vid!

Buying a yacht is irrational. Not owning a yacht, however, is unbearable.

Naturally funny this lad lol

This was amazing an you was very funny. Have a new subscriber

Absolutely great explanations.

Could you please include the cost of a captain next time . Thanks very informative

Good Video. Slightly alarmed when I saw the socks but other than that, great video as always

good video....funny man...keep up the good work👍👍👍👍👍

James, the scores are in! Scale of 1 to 10: Tour = 10; Socks = 10; Master Cabin Gymnastics = 5; Microwave behind a cabinet door that must be opened with every use = 1. Hope you answer the question below about your thoughts on the length of a first fly bridge boat. This is a very special boat!

Thank you for the video. Subscribed thanks to the costs you worked out.

Love the socks😂😂😂

VERY helpful video; thanks!

do they say never buy boat on finance? current interest rate you will pay £60K a year just interest alone. don't forget the £350K deposit money.

Boats are for people that are prepared to throw a lot of money away…running costs,fuel,fees,subscriptions,depreciation and much more. I know because I did it but woke up and sold it…at a huge loss…..if you accept massive losses then go ahead but at least go in eyes open.

I was running the numbers in my head quick. In order to purchase and run this yacht with your numbers i would need an income (dividends/salary after taxes) at around 300k/year to give me some headroom with my other costs of living, and the ability to make the actual purchase on top of that. Just calculating funding this with dividends with a 3% return in average, i would need a capital in and around £10.000.000. (10,35 mil including deposit). The obvious choice if i had £10.35 mil laying around, is to pay cash, no loans. That would cut the monthly expenses radically. I still would have £9.2 mil. Which with 3% dividends gives ~275k/year. But. I would "only" need 175k/year, which lowers my capitalneed with roughly 30%. Still a lot of money. But not unreachable. Not there by some margin, but not so far away that i want to exclude it from my bucket list.

Borrowing money to finance a depreciating asset never made any sense. For an average user, it would be interesting to see how much that would equate to per hour actually spent on board. Chartering a similar vessel, complete with crew, meals and toys, without all the upkeep hassles, might well make more sense for a lot of people. As my old man used to say, "if it flies or floats, rent it".

Would be interested to hear how much money you could potentially make back per year if you were to charter it out for say 25 engine hours per year (or whatever suitable metric you’d use to make so it was half yours, half rented per year). Basically, how much of that annual cost of ownership could be reduced by letting others pay for it for half the time. Thanks!

Excellent, most informed and concise. Am a bit worried as to where to obtain one of those "straight line curve" however. Lol😁👍

Such an elegant camo-roll across the master bed 🤣

£100k a year running costs got that in my back pocket small change! different world only for the top 5% earners but nice to dream.

@5:49 😲The 'P‘ has fallen off🤨⁉🤔Do I get a 10 percent discount for the rincess🙄😏⁉😂🤣

So as requested I am going to ask a question (and I also subscribed, as requested). When buying a yacht, is it better to buy it outright or better to finance it. This, of course, is if you are rich enough to flat out buy a yacht in one go. Also, is it better to try and manage all of this on your own or hire a yacht management company to oversee everything? And one more thing....sorry, but you did say to ask questions😂: Is it feasible to use one of these boats as your primary residence and do marinas even allow you to live aboard?

Hope you haven't hurt yourself too badly. I did laugh though, just as funny as the engine room ladder. Thank you for an interesting video.

Great job and thank you so much

the out take was priceless spat my wine out pmsl

How often would the engines need servicing? You said the average user in Europe would do 50 hours a year. That is out on the waves less than one hour a week!

Great video Thanks

At 18.51mins you state a "straight line curve". What is that please?

Great rundown of costs, great video as always….one question, do you get a lot of lottery winners buying boats/yachts outright? Or does everyone who buys a boat/yacht use finance?

Hey..I want to to buy a yacht..I only got $2 million US..One question..how much will it cost to run? That's funny. If you have to ask then you can't afford it.Thats a golden rule.Love the shout window...makes me laugh all the time when you say it.

Excellent video. Adding the informative stuff to the tours is really helpful. With a boat of that size in the south of the uk, how easy is it to travel around and find available visitor moorings in marinas at fairly short notice in the summer months (April to Sep)? Eg when deciding on a whim to have a few nights away. Cheers

Nice channel, like it