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Cost of boat ownership by state
A friend was visiting from South Carolina and was telling me it cost him around $500.00 a year to own a 17 ft bass boat in that state. I couldn"t believe it. In Florida a V-20 registration is about $40.00 a year and the trailer tag is $15.00. I was just wondering what it cost other states.
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#2
03-14-2005, 12:23 AM
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Re: Cost of boat ownership by state
IN N.Y. BOAT REGISTRATION IS FOR 3 YEARS.DONT REMEMBER THE EXACT PRICE BUT THINK IS $46 FOR THE V20.THE TRAILER ,SINGLE AXEL IS *$42.50 @4650lb mgvw,YEARLY,FROM JANUARY 1 TO DECEMBER 30. ALSO,IF I DONT REGISTER THE TRAILER TILL MAY THE DMV WILL PRO RATE THE FEE.
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#3
03-14-2005, 12:42 AM
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Re: Cost of boat ownership by state
Unless you count the cost of gas in Florida? And the cost of dragin the boat to Big Pine Key. Ha Ha. 8)
__________________
1984 V20 Steplift Cuddy Seadrive converted to bracket 1992 175EFI Mariner
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#4
03-14-2005, 01:34 AM
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Re: Cost of boat ownership by state
Georgia 3 yrs $36.00 and trailer $12.00 a year
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#6
03-14-2005, 01:54 PM
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Re: Cost of boat ownership by state
I just paid $55 for the boat for '05 and the trailer is $15 for the year. Maybe your buddy is including insurance? My insurance is about $350/yr.
__________________
1984 248 Sportsman w/1999 5.7L EFI Mercruiser 2001 Carolina Skiff J16 w/2005 25hp Yamaha tiller control
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#7
03-14-2005, 06:45 PM
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Re: Cost of boat ownership by state
Registration for a hull in S.C. is $30. I can't find my registration fee I paid for the outboard, but it's around the same, I believe. What he may be talking about is Personal Property Tax, which residents pay on cars, boats, airplanes, and the like, which are registered in the state. That can be pretty steep, and is based upon the value shown in their little books. Which was another good reason for me to re-fit my 22 year old hull instead of buying a new one! I haven't yet received the first property tax bill on my new Yamaha, though, and I'm not looking forward to it! :o
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#8
03-14-2005, 07:15 PM
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Re: Cost of boat ownership by state
Mass, $60 every 2 years for V20, $53 for trailer 4000# every year, $40 excise tax trailer ($25 on $1000 Valuation) every year, and $25 on Boat excise tax (same valuation as above) every year.
So for me it is a total of $148 each year
__________________
1986 V20  Old Fishermen never die, we just SMELL that way!!
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#9
03-14-2005, 11:01 PM
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Re: Cost of boat ownership by state
Pipe, Is that a one time tax? That must have been what he was talking about. In fl you pay a % of the amount that you paid for the boat as per the bill of sale. If the figure is way off you have to get a statement signed by the seller. The interesting twist is that the boat hull is the only thing registered. I guess you could get 3 bill of sales(hull, motor,& trailer) and only pay on the hull.
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#10
03-15-2005, 12:42 AM
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Re: Cost of boat ownership by state
The South Carolina Personal Property Tax is billed annually. I get two bills:
One for boat and trailer One for outboard motor. You have to pay your personal property taxes to renew registration. They gotcha! >:(
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