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Luxemetry

Fairline · Flybridge

Fairline Squadron 58 Cost of Ownership

A British flybridge cruiser at the size where a single crew member starts to make sense rather than being a luxury.

Purchase price

$2,200,000

58 ft

Running cost / year

$306,854

13.9% of price

All-in per year

$485,142

Including depreciation

Charter instead

$39,760

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 Squadron 58

Pre-filled with Fairline Squadron 58 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.

Fairline Squadron 58 — annual running cost

$306,854

per year before depreciation

13.9% of purchase price — the 10% rule check

  • Crew23%$71,500
  • Maintenance & refit29%$89,100
  • Dockage8%$25,056
  • Insurance8%$24,948
  • Fuel31%$96,250

First-year running costs, excluding depreciation.

Total running cost over 5 years
$1,435,710
Depreciation

Value falls to $1,210,000

$990,000
Average per year

Running costs plus depreciation

$485,142
Average per month
$40,429
Cost per engine hour

1,250 hours over the period

$1,941
Total cost over 5 years
$2,425,710

Year by year

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

YearCrewDockageInsuranceMaintenanceFuelDepreciationTotal
Year 1$71,500$25,056$24,948$89,100$96,250$418,000$724,854
Year 2$71,500$25,056$22,484$80,300$96,250$176,000$471,590
Year 3$71,500$25,056$20,328$72,600$96,250$154,000$439,734
Year 4$71,500$25,056$18,480$66,000$96,250$132,000$409,286
Year 5$71,500$25,056$16,940$60,500$96,250$110,000$380,246
Total$357,500$125,280$103,180$368,500$481,250$990,000$2,425,710

Fairline Squadron 58 at a glance

Length overall
58 ft
Engines
2 × Volvo Penta D11-725
Top speed
32 knots
Guests
8 in 3 cabins
Crew
1
Class
Flybridge

Where the money goes

Fifty-eight feet is roughly where owner-operation ends for most people. Adding one crew member costs about $72,000 a year with overhead — the single largest step change in the cost curve across this entire directory.

Estimated first-year running costs for the Fairline Squadron 58
Crew1 full-time, including 30% overhead$71,500
Maintenance & refit reserve5.0% of hull value$89,100
Dockage58 ft at $36/ft/month, year-round$25,056
Insurance1.40% of hull value$24,948
Fuel250 hrs at 70 gal/hr$96,250
Running cost per yearBefore depreciation$306,854

Depreciation curve

From $2,200,000 over five years.

$0M$1M$1M$2M$3MNewY1Y2Y3Y4Y5

Depreciation over five years totals $990,000 41% of the all-in cost of ownership.

Fairline Squadron 58 — common questions

How much does it cost to run a Fairline Squadron 58 per year?
Excluding depreciation, roughly $306,854 per year — about 13.9% of the $2,200,000 purchase price, against the industry rule of thumb of 10%. That breaks down as approximately $71,500 crew, $25,056 dockage, $24,948 insurance, $89,100 maintenance and refit reserve, and $96,250 fuel at 250 engine hours.
What is the true cost of owning a Fairline Squadron 58?
Including depreciation, the Fairline Squadron 58 is modeled at about $485,142 per year over five years — roughly $40,429 per month. Depreciation alone accounts for 41% of that, which is why the purchase price is the smaller half of the decision.
Is it cheaper to charter a Fairline Squadron 58 than own one?
At 6 weeks aboard per year, chartering is substantially cheaper. A comparable charter runs about $39,760 per week including APA and extras, so 6 weeks costs roughly $238,560 against $485,142 to own. Ownership only wins beyond about 13 weeks aboard per year.
How much does a Fairline Squadron 58 depreciate?
The Fairline Squadron 58 is modeled to retain about 66% of its value after three years and 55% after five — a loss of roughly $990,000 over the five-year hold. Fifty-eight feet is roughly where owner-operation ends for most people. Adding one crew member costs about $72,000 a year with overhead — the single largest step change in the cost curve across this entire directory.
How many crew does a Fairline Squadron 58 need?
Approximately 1 full-time crew. At an average salary of $55,000 plus payroll taxes, insurance, training, and provisioning, that is about $71,500 per year — 23% of the total running cost.

Path to own

How long until you can own this?

Carrying a Fairline Squadron 58 costs about $41,391 a month once finance and running costs are combined — implying roughly $165,562 of net monthly income at 25% of net monthly income, plus $440,000 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 →