Speed Boat Cost Guide by Boat Type

By Matt Claiborne

High-Performance Speed Boats for Racing

Cigarette Boats and Racing Catamarans

01.

Racing boats, whether monohulls or catamarans, hit exhilarating speeds, with cats topping 100 mph. Many of these boats are known collectively as “Cigarette” boats, but in truth, Cigarette is a name brand. New ones are typically around $1 million or more

Drag Boats and Record-Setting Jet Boats

02.

Boats in this class are one-off designs, usually powered by turbine engines—basically floating jet planes! You can pick them up on the used market for under $1 million, in some cases as low as $345,000.

Other Types of Fast Speed Boats

Ski boats

01.

Ski boats are speed boats that are designed for fun on the water. They are generally small (between 16 and 27 feet long) and quite fast. Their cost can be anywhere from $30,000 to over $150,000.

Offshore Fishing Boats

02.

For offshore adventures, nothing beats the utility of the center console. Center console fishing boats are go-fast outboard-powered boats that come in any size you would like. Most range from 17 to 45 feet or more.

Express Cruisers

03.

If you like the idea of a fast speedboat, but you’re also into luxury, you likely would be interested in an express cruiser. The price depends on its size and brand name. The premium name in this type of boat is Sea Ray.

Bass Boats

04.

Bass boats are typically lightweight and powered by a single outboard. The Ranger Z521L Comanche can cruise at a tear-jerking 70-plus mph. Their advertised national price is $86,295 in 2021.

Pontoon Boat

05.

Pontoon speed boats are typically powered by a single outboard, and due to their lightweight design, they can be very fast. If you want to buy it, it could be yours for $229,000.

Jet Boats

07.

Jet boats are very fast thanks to their jet drives and lightweight. The biggest jet boat is the Yamaha 275SD, which can tip its speedometer past 50 mph. The average price is $141,899.

5 Other Cost of Speed Boats

01.

Insurance

02.

Maintenance

03.

Fuel

04.

Storage Fees

05.

Trailer and Trailer Maintenance and Storage

5 Other Cost of Speed Boats