You want to buy a jet ski….but you’re having difficulties justifying the cost–especially when it can only seat [at most] two people at a time (and not your entire family).
Generally speaking, a jet ski is less expensive than most boats, but more expensive than a kayak. As a mid-range vehicle, it’s perfect for those water sports enthusiasts who can’t afford a speed boat, but still crave the thrill of zipping across the water at top speeds.
Did you know that in terms of speed, jet skis typically outperform boats? You can even fish from a jet ski, much like you would on a boat. But will that kind of speed (or that kind of fishing compatibility) cost you?
The brand, age, features, and engine type will all play into the total costs of a jet ski.
Here, we’ll take a look at some of the most popular jet ski options on the market in 2024. From there, we’ll help you determine the average price range and the additional costs you can expect as a jet ski owner.
How Much Does a Jet Ski Cost?
Jet ski prices in 2024 range from $6,999 to $21,199, with brands like Sea-Doo, Yamaha, and Kawasaki offering a variety of models for both novices and experienced riders.
The cost of a jet ski is influenced by factors such as engine type, performance, and additional features, with four-stroke engines being more reliable but also heavier and pricier than two-strokes.
Owning a jet ski will involve ongoing costs like insurance, fuel, and maintenance, which can total around $1,000 annually; plus, various financing options help manage the initial purchase price.
Here are some prices for new jet skis across the top brands.
Brand | Model | Starting Price | Features |
Sea-Doo | Spark 60 2UP | $5,999 | Entry-level, budget-friendly |
Sea-Doo | GTX Limited 300 | $18,899 | High-end, luxury, and performance |
Sea-Doo | RXT-X 300 | $18,799 | High-end, luxury, and performance |
Yamaha | EX Series | $7,799 | Entry-level, affordable, yet powerful |
Yamaha | VX Cruiser HO | $13,599 | High-performance, balance of speed, agility, and affordability |
Kawasaki | STX 160 Series | $10,199 | Entry-level, high-performance, and reliable |
Kawasaki | Ultra 310 Series | $17,799 – $20,199 | High-end, luxury, designed for uncompromised speed, power, and luxury |
Jet Ski Price Breakdown: Brand Comparisons
There are a few top models of jet skis on the market, from brands like Sea-Doo, Yamaha, and Kawasaki.
Sea-Doo Jet Skis: Average Cost
Sea-Doo is a brand that truly embraces variety. From the budget-friendly Spark series to the high-end RXP-X Apex 300, there are quite a few options here. For instance, the 2023 Sea-Doo Spark 60 2UP is a great entry point into the world of jet skis for just $5,999.
The Sea-Doo GTX Limited 300 and the RXT-X 300 are the epitome of luxury and performance, with prices starting at $18,899 and $18,799, respectively.
Yamaha WaveRunners: Average Cost
Yamaha offers a wide range of jet ski models to suit different budgets, starting from $7,799 for the entry-level EX series.
Yamaha offers models like the VX Cruiser HO for those who crave more power and performance. Priced at $13,599, these high-performance WaveRunners offer a perfect balance of speed, agility, and affordability.
So, whether you’re just dipping your toes into the water or ready to make some serious waves, Yamaha has a WaveRunner that fits your budget.
Kawasaki Jet Skis
Kawasaki is a brand that needs no introduction in the world of personal watercraft. Known for its high-performance and reliable jet skis, including the popular Kawasaki Jet Ski models, Kawasaki offers some of the best jet skis for both entry-level riders and seasoned pros.
The STX 160 series, for instance, is a great entry point, with prices starting from $10,199.
But if it’s power and performance you’re after, look no further than the Ultra 310 series. With an average retail price ranging from $17,799 to $20,199 for the feature-rich 310LX, these luxury jet skis are designed for those who refuse to compromise on speed, power, or luxury.
Factors Affecting Jet Ski Prices
The price of a jet ski is influenced by several factors. From engine type to performance level and additional features, each element plays a part in determining the final price tag.
Engine Type
Two main types of engines are used in jet skis – two-stroke and four-stroke. Four-stroke engines are generally more reliable and do not require a mixture of oil in the fuel like their two-stroke counterparts.
However, this increased reliability comes with a slight trade-off.
Four-stroke engines are heavier, which can decrease the agility of a jet ski compared to lighter two-stroke models.
Performance Level
Performance level is another major factor that impacts jet ski pricing. After all, who doesn’t want to feel the thrill of slicing through the waves at top speeds? Speed and a great ride come with a price tag.
Know that jet skis with high-performance engines–that are capable of more horsepower–are significantly more expensive.
That’s not all. Improvements in horsepower, comfort, and stability also contribute to a higher price tag.
Additional Features
Last but not least, additional features can significantly affect the cost of a jet ski. Think of these as the little extras that make your ride even more enjoyable. Advanced technologies like electronic fuel injection, braking, and reverse systems add to both the experience (and price tag) of riding a performance jet ski.
In addition, comfort extras like enhanced seats and suspension systems make your ride smoother and more pleasurable. While not essential, these features add a touch of luxury to your jet ski and are often found on luxury models.
Ongoing Costs of Jet Ski Ownership
The costs of owning a jet ski are ongoing. These include expenses like insurance, fuel, storage, and maintenance, which can add up to over $1,000 per year.
Let’s take a closer look at these expenses.
Insurance
Insurance is one of the most significant ongoing costs of owning a jet ski. Just like with a car or a boat, insuring your jet ski is crucial for financial protection against potential mishaps. Insurance costs for jet skis can vary substantially, ranging from around $85 a year for limited liability to over $500 annually for comprehensive coverage.
The cost of insuring a jet ski is influenced by various factors, including the jet ski’s age, make, model, and condition, as well as the owner’s driving record and geographical location.
Fuel
Fuel is another ongoing cost that jet ski owners need to consider. The annual cost for fuel can add up to around $600, but this can vary widely based on factors like the type of fuel used and your riding behavior. For instance, rapid acceleration and high-speed riding can lead to greater fuel consumption compared to steady cruising speeds.
Additionally, during peak usage, such as the summer months, fuel expenses can significantly contribute to the annual cost of owning a jet ski.
Maintenance
Like any vehicle, a jet ski requires regular maintenance to ensure optimal performance. This includes routine tasks like engine checks, oil changes, and inspection of other components for wear and tear. In addition, if you live in a colder climate, winterizing your jet ski is an essential protective measure against damage.
The cost of maintaining a jet ski can range from $200 to $600 per year, depending on the model and its condition. More powerful and high-performance models usually require more frequent and elaborate maintenance, leading to higher costs. Regular maintenance can help prevent costly repairs down the line, making it a worthwhile investment.
Financing Options
Buying a jet ski is a significant investment, and not everyone can afford to pay the full price upfront. Thankfully, there are several financing options available to prospective buyers, including:
- Personal Watercraft (PWC) loans
- Manufacturer financing
- Personal loans
- Credit cards
There’s a financing solution to suit every buyer.
However, before taking the plunge, it’s crucial to compare loan characteristics such as:
- APR
- Monthly payments
- Term length
- Lender fees
- Prepayment penalties
This will help you find the most suitable financing option. Remember, the best financing option should make buying your dream jet ski possible (and should fit comfortably within your budget).
Cost of Used Jet Skis
With the price of a new jet ski falling somewhere in the $6,999 to $21,199 range, it may feel like it’s just too much money to spend on this toy. Luckily, you have the option to purchase a used jet ski model.
The used jet ski pricing typically starts around $3000. The key to buying a used jet ski is to have it looked at by a mechanic to ensure it is in good working condition.
Summary
Now that you are ready to purchase a jet ski, make sure you take the time to research storage options. If your garage is already cluttered, having an alternative storage option is a must.
Instead of driving 30 minutes to an hour to pick up your jet ski at a traditional storage facility, choose Neighbor, a peer-to-peer vehicle storage marketplace that offers storage options in your own neighborhood. You can even find storage spaces near your go-to lake destinations.
Frequently Asked Questions
Is 500 Hours on a Jet Ski a Lot?
Yes, 500 hours on a jet ski is considered a lot, as 4-stroke engines typically last around 300-500 hours. Consider the maintenance history before making a decision.
How Long Will a Jet Ski Last?
A jet ski can last around 300 hours, with modern machines built to last approximately 10 years at an average usage of 30 hours per year. Just like cars, they have service timers, and the owner’s manual provides maintenance guidelines.
Why Do Jet Skis Only Last 300 Hours?
Jet skis only last around 300 hours due to the high-performance demands placed on their engines and components, leading to wear and tear over time.
Are Jet Skis Expensive to Maintain?
Yes, jet skis can be expensive to maintain due to costs associated with regular servicing, repairs, and the potential need for replacement parts. In addition, it is important to store a jet ski properly, which will lead to additional expenses.