
Have you ever dreamed about sailing the open seas or going on the Great Loop? Maybe you’ve been thinking about buying a boat so you can go fishing or watch the fireworks over the lake. Whatever the case, boats can give you a lot of freedom — but they’re also more expensive than you might think.
GOBankingRates spoke with Robert Lehmann, a marine industry professional, founder of Fair Wind Fasteners and former superyacht captain, about the cost of owning a boat. Here’s what he shared and the key expenses to watch out for.