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Luxemetry

Axopar · Sport Yacht

Axopar 37 Sun Top Cost of Ownership

A Finnish stepped-hull dayboat that does 40 knots on outboards, and the cheapest entry on this site by a wide margin.

Purchase price

$400,000

37 ft

Running cost / year

$66,395

16.6% of price

All-in per year

$94,111

Including depreciation

Charter instead

$17,040

Per week, all in

Baseline: 250 engine hours per year, berthed year-round, marine diesel at $5.50 per gallon, over 5 years. Adjust everything below.

Model your 37 Sun Top

Pre-filled with Axopar 37 Sun Top figures. Crew count and engine hours move the total more than anything else on this page.

The yacht

Length drives dockage; value drives insurance and refit reserve.

How long you keep her

Crew

Above roughly 80 feet, crew becomes the single largest running cost.

Zero for an owner-operated boat.

A further 30% is added for payroll tax, insurance, and provisioning.

Berth, insurance & refit

Insurance and refit reserve are struck against the declining hull value.

Reduce if the yacht cruises or lies at anchor for part of the year.

Covers haul-out, paint, systems, and the periodic refit.

Fuel

Wildly variable — a planing hull at speed burns many times what it does at displacement speed.

Axopar 37 Sun Top — annual running cost

$66,395

per year before depreciation

16.6% of purchase price — the 10% rule check

  • Crew0%$0
  • Maintenance & refit20%$13,600
  • Dockage20%$13,320
  • Insurance8%$5,100
  • Fuel52%$34,375

First-year running costs, excluding depreciation.

Total running cost over 5 years
$318,555
Depreciation

Value falls to $248,000

$152,000
Average per year

Running costs plus depreciation

$94,111
Average per month
$7,843
Cost per engine hour

1,250 hours over the period

$376
Total cost over 5 years
$470,555

Year by year

Insurance and refit reserve fall with the hull value; crew and dockage do not.

YearCrewDockageInsuranceMaintenanceFuelDepreciationTotal
Year 1$0$13,320$5,100$13,600$34,375$60,000$126,395
Year 2$0$13,320$4,680$12,480$34,375$28,000$92,855
Year 3$0$13,320$4,320$11,520$34,375$24,000$87,535
Year 4$0$13,320$4,020$10,720$34,375$20,000$82,435
Year 5$0$13,320$3,720$9,920$34,375$20,000$81,335
Total$0$66,600$21,840$58,240$171,875$152,000$470,555

Axopar 37 Sun Top at a glance

Length overall
37 ft
Engines
2 × Mercury V8 300 hp outboards
Top speed
40 knots
Guests
8 in 1 cabins
Crew
Owner-operated
Class
Sport Yacht

Where the money goes

Outboards change the ownership maths entirely: no shaft seals, no running gear, and repowering costs a fraction of an inboard rebuild. One person can run this boat, which removes the single largest expense at every size above it.

Estimated first-year running costs for the Axopar 37 Sun Top
Crew0 full-time, including 30% overhead$0
Maintenance & refit reserve4.0% of hull value$13,600
Dockage37 ft at $30/ft/month, year-round$13,320
Insurance1.50% of hull value$5,100
Fuel250 hrs at 25 gal/hr$34,375
Running cost per yearBefore depreciation$66,395

Depreciation curve

From $400,000 over five years.

$0M$0M$0M$0M$1MNewY1Y2Y3Y4Y5

Depreciation over five years totals $152,000 32% of the all-in cost of ownership.

Axopar 37 Sun Top — common questions

How much does it cost to run a Axopar 37 Sun Top per year?
Excluding depreciation, roughly $66,395 per year — about 16.6% of the $400,000 purchase price, against the industry rule of thumb of 10%. That breaks down as approximately $0 crew, $13,320 dockage, $5,100 insurance, $13,600 maintenance and refit reserve, and $34,375 fuel at 250 engine hours.
What is the true cost of owning a Axopar 37 Sun Top?
Including depreciation, the Axopar 37 Sun Top is modeled at about $94,111 per year over five years — roughly $7,843 per month. Depreciation alone accounts for 32% of that, which is why the purchase price is the smaller half of the decision.
Is it cheaper to charter a Axopar 37 Sun Top than own one?
At 6 weeks aboard per year, owning is already the cheaper route. A comparable charter costs about $17,040 per week including APA and extras, which totals more than the $94,111 annual cost of ownership.
How much does a Axopar 37 Sun Top depreciate?
The Axopar 37 Sun Top is modeled to retain about 72% of its value after three years and 62% after five — a loss of roughly $152,000 over the five-year hold. Outboards change the ownership maths entirely: no shaft seals, no running gear, and repowering costs a fraction of an inboard rebuild. One person can run this boat, which removes the single largest expense at every size above it.
How many crew does a Axopar 37 Sun Top need?
The Axopar 37 Sun Top can realistically be owner-operated, which removes the single largest running cost at this size. Most owners still budget for occasional day crew and professional help with maintenance and delivery.

Path to own

How long until you can own this?

Carrying a Axopar 37 Sun Top costs about $8,409 a month once finance and running costs are combined — implying roughly $33,637 of net monthly income at 25% of net monthly income, plus $80,000 up front. Enter your own figures to see which of those two is actually your constraint, and when it clears.

Calculate how many years away you are →