Galeon · Flybridge
Galeon 500 Fly Cost of Ownership
Polish-built and best known for fold-out balconies that turn the saloon into an open terrace at anchor.
Purchase price
$1,600,000
52 ft
Running cost / year
$167,374
10.5% of price
All-in per year
$294,958
Including depreciation
Charter instead
$31,240
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 500 Fly
Pre-filled with Galeon 500 Fly 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.
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.
Galeon 500 Fly — annual running cost
$167,374
per year before depreciation
10.5% of purchase price — the 10% rule check
- Crew0%$0
- Maintenance & refit35%$59,040
- Dockage13%$21,216
- Insurance11%$18,368
- Fuel41%$68,750
First-year running costs, excluding depreciation.
Value falls to $896,000
Running costs plus depreciation
1,250 hours over the period
Year by year
Insurance and refit reserve fall with the hull value; crew and dockage do not.
| Year | Crew | Dockage | Insurance | Maintenance | Fuel | Depreciation | Total |
|---|---|---|---|---|---|---|---|
| Year 1 | $0 | $21,216 | $18,368 | $59,040 | $68,750 | $288,000 | $455,374 |
| Year 2 | $0 | $21,216 | $16,576 | $53,280 | $68,750 | $128,000 | $287,822 |
| Year 3 | $0 | $21,216 | $15,008 | $48,240 | $68,750 | $112,000 | $265,214 |
| Year 4 | $0 | $21,216 | $13,664 | $43,920 | $68,750 | $96,000 | $243,550 |
| Year 5 | $0 | $21,216 | $12,544 | $40,320 | $68,750 | $80,000 | $222,830 |
| Total | $0 | $106,080 | $76,160 | $244,800 | $343,750 | $704,000 | $1,474,790 |
Galeon 500 Fly at a glance
- Length overall
- 52 ft
- Engines
- 2 × Volvo Penta IPS700
- Top speed
- 30 knots
- Guests
- 8 in 3 cabins
- Crew
- Owner-operated
- Class
- Flybridge
Where the money goes
The folding bulwarks are the selling point and the maintenance risk — hydraulics and seals on moving hull sections need watching. Still the largest boat here an owner can realistically run without crew.
| Crew0 full-time, including 30% overhead | $0 |
|---|---|
| Maintenance & refit reserve4.5% of hull value | $59,040 |
| Dockage52 ft at $34/ft/month, year-round | $21,216 |
| Insurance1.40% of hull value | $18,368 |
| Fuel250 hrs at 50 gal/hr | $68,750 |
| Running cost per yearBefore depreciation | $167,374 |
Depreciation curve
From $1,600,000 over five years.
Depreciation over five years totals $704,000 — 48% of the all-in cost of ownership.
Galeon 500 Fly — common questions
- How much does it cost to run a Galeon 500 Fly per year?
- Excluding depreciation, roughly $167,374 per year — about 10.5% of the $1,600,000 purchase price, against the industry rule of thumb of 10%. That breaks down as approximately $0 crew, $21,216 dockage, $18,368 insurance, $59,040 maintenance and refit reserve, and $68,750 fuel at 250 engine hours.
- What is the true cost of owning a Galeon 500 Fly?
- Including depreciation, the Galeon 500 Fly is modeled at about $294,958 per year over five years — roughly $24,580 per month. Depreciation alone accounts for 48% of that, which is why the purchase price is the smaller half of the decision.
- Is it cheaper to charter a Galeon 500 Fly than own one?
- At 6 weeks aboard per year, chartering is substantially cheaper. A comparable charter runs about $31,240 per week including APA and extras, so 6 weeks costs roughly $187,440 against $294,958 to own. Ownership only wins beyond about 10 weeks aboard per year.
- How much does a Galeon 500 Fly depreciate?
- The Galeon 500 Fly is modeled to retain about 67% of its value after three years and 56% after five — a loss of roughly $704,000 over the five-year hold. The folding bulwarks are the selling point and the maintenance risk — hydraulics and seals on moving hull sections need watching. Still the largest boat here an owner can realistically run without crew.
- How many crew does a Galeon 500 Fly need?
- The Galeon 500 Fly 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.
Compare with
Prestige
460
46 ft · 8 guests · 0 crew
- Price
- $1,100,000
- Running cost / yr
- $119,007
- Charter / week
- $18,000
Fairline
Squadron 58
58 ft · 8 guests · 1 crew
- Price
- $2,200,000
- Running cost / yr
- $306,854
- Charter / week
- $28,000
Absolute
Navetta 64
64 ft · 8 guests · 1 crew
- Price
- $2,800,000
- Running cost / yr
- $294,279
- Charter / week
- $32,000
Ferretti
Yachts 720
72 ft · 8 guests · 2 crew
- Price
- $6,900,000
- Running cost / yr
- $702,467
- Charter / week
- $55,000
Path to own
How long until you can own this?
Carrying a Galeon 500 Fly costs about $25,453 a month once finance and running costs are combined — implying roughly $101,811 of net monthly income at 25% of net monthly income, plus $320,000 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 →