Ever dreamed of crossing the ocean on your own luxury yacht? While owning a yacht is a goal that might be out of reach for a wide variety of folks, renting a yacht has the possibility of being a more realistic option for many Americans.
Taking the time to rent a yacht for a day can offer a taste of class and adventure that you don’t get to experience in your everyday life. Plus, you can take all of your family and friends out on the water with you.
How much is it to rent a yacht for a day or two? Getting familiar with the ins and outs of yacht rental is going to be an important step to take before getting too deep into planning your dream trip.
Read on and we’ll walk you through everything that you need to know.
What Constitutes a Yacht?
There’s a lot of boats out there on the water and not all of the yachts. The first thing you might want to take the time to think about when planning your sea voyage is what kind of boat you want, and if you do want a yacht – what variety?
What people have understood the term yacht to mean has warped and changed as the decades have gone by. It used to be that any vessel that reached over 50 or 60 feet would be referred to as a yacht. By today’s superyacht standards, that would be considered very small.
Today, the term is applied less in terms of actual size and more in terms of aesthetics and lifestyle. Any boat that is large enough for people to spend a comfortable amount of time onboard could be referred to as a yacht.
Any boat where luxury and space are the defining features is likely to fit this kind of classification.
It’s important to understand the general flexibility of this term if you’re thinking of renting a yacht sometime in the near future.
Understanding Yacht Rentals
So if you’ve got your mind set on renting this kind of aquatic vehicle, how much money should you be putting aside in your mental budget? How much does it cost to rent? It’s not so simple as giving one number.
The truth of the matter is that yacht rental prices can range wildly depending on many different factors. Understanding these factors and how they interact with your own desires can help you to decide upon a likely price to budget for.
Size & Class
The number one factor that will determine the overall price of your yacht experience? The boat itself, of course.
The guest capacity of the yacht you are hoping to charter will be the biggest contribution to the asking price that you’re going to face. The more people you hope to be able to fit comfortably on board, the more you are likely to need to pay.
The age and overall reputation of a vessel will also contribute to the cost. Higher class customers in the past for a vessel will contribute to a higher asking price in the future.
The number of people you plan on bringing on board will also add to the number of crew members needed to service this clientele. The reputation of this yacht crew can also add to the overall asking price. The higher-rated the crew, the more you’ll pay to have them at your beck and call while at sea.
Where are you planning on renting your yacht from? Where in the world are you located? It might be surprising to you, but this is a factor that can have a huge impact on your overall financial experience.
Renting a yacht from a location that has a healthy and robust yachting industry in place will help to keep costs down. However, if you’re hoping to charter a yacht through a more remote area, without built-in infrastructures?
That decision is going to come back and cost you a pretty penny.
It’s important to look into services in your area and see who is able to provide services at a reasonable price. Chicago Private Yacht Rentals, for example, would be the go-to place to look if you were hoping to get out on Lake Michigan.
The time of year that you are renting your yacht will also impact the price. Prices tend to go up in the summer months when demand is at an all-time high, and they might sink down in the winter once demand has lowered.
Amenities & Water Toys
What else might contribute to the overall cost of your yacht rental? The other items and amenities that you’ll have access to once on board.
Many yachts come equipped with all sorts of ways to enjoy yourself, from full-scale kitchens to jacuzzis to professionally staffed bars.
Some may come with access to various water toys as well. That means kayaks, mini-boats, paddleboards, and so forth. All various ways to get away from your vessel and out into the water on your own.
Some even come with inflatable slides you can use to hop straight into the water!
Renting a Yacht: How Much Does It Cost?
While you may desire a straight and simple answer when budgeting for your aquatic adventure, the truth of the matter is there is no one-size-fits-all cost when it comes to renting a yacht. However, the above information can help you to understand what factors you need to look into to determine how much your trip might end up costing you.
Need more financial help? Keep scrolling our blog for more.