How much is a jet ski? Hidden costs to consider

Whether you’re a seasoned jet ski enthusiast or new to the water sport, it’s important to consider the true cost of owning a jet ski and whether it is a feasible option for you.

Here, we share how much a jet ski is, hidden costs you may not have considered, and some top tips for saving money when buying a jet ski.

How much does a jet ski cost?

The cost of a jet ski in the UK varies depending on several factors, including whether you choose to purchase a new or used jet ski, as well as the type and model.

On average, prices for new jet skis in the UK range from £5,000 to £15,000 and can be even more expensive depending on the make and model you choose. You can find used jet skis for around £2,000, so buying second-hand could be a good option if you’re looking to save money.

Opting to purchase your personal watercraft on finance can also affect the cost of buying a jet ski in the UK. If you choose to pay via a loan, you’ll need to consider interest rates and any other associated fees. It’s essential to carefully evaluate your financing options and ensure that the monthly payments align with your budget.

What are the average running costs of a jet ski?

While your jet ski could cost as little as £2,000, there are several other costs to consider that can make jet ski ownership an expensive hobby.

Fuel costs

Jet ski fuel consumption depends on several factors, including engine size, make and model, environmental conditions, and riding style. For example, if you have a high-performance jet ski and ride it at high speeds on choppy waters, you’re going to use a lot more fuel than if you go for a gentle ride on a stand-up jet ski while the water is calm.

Jet skis typically run on petrol, which can be expensive in the UK due to taxes and other fees, so filling up the tank could be pricey, especially if you’re planning on regularly using your jet ski.

Oil costs

In addition to petrol, jet skis require oil for lubrication, which must be regularly checked and replaced. Most modern jet skis with four-stroke engines require minimal oil when in operation. You should perform an oil change at least once per season or before reaching 100 hours of usage. Jet ski engines typically take between three and five litres of oil. Jet skis with a two-stroke engine (typically older or stand-up models) burn oil while in use, so frequent top-ups are required. You may find that your jet ski burns up to two litres of oil during a day of riding.

It’s essential to schedule regular oil changes, use manufacturer-recommended oil, and avoid overfilling, as these mistakes can lead to costly engine damage.

Jet ski maintenance costs

Like all vehicles, jet skis require regular maintenance to operate smoothly and safely. These maintenance costs can add up, so it’s important to factor them in when deciding whether to buy a jet ski. Typical jet ski maintenance costs can include:

• Approximately £150 for routine maintenance – for example, oil and spark plug changes (ongoing)
• Approximately £50 for an oil change (once per season)
• Up to £160 for a battery replacement (every three to five years)

Jet ski repair costs

Repairs may be necessary if your jet ski gets damaged or experiences mechanical issues, and these can be costly depending on the problem. It’s best to set aside a budget for emergency jet ski repairs so you’ll be able to pay for them if required. Common jet ski repairs include impeller damage (from £150), battery issues (up to £160), corrosion (from £50), and overheating (from £100 depending on the cause).

Insurance costs

Insurance is not a legal obligation for private jet ski owners in the UK (unless required by your specific launch site), but it is highly recommended. Insurance protects against liability for any damage caused by you to other jet skis, boats, and property, as well as damage to your own jet ski and theft. Insurance premiums can vary depending on the level of coverage desired, as well as the age and condition of your jet ski. Always review the policy details carefully to ensure it includes everything you need.

Jet ski storage costs

Jet ski storage may be necessary if you don’t have a suitable location to store your personal watercraft when not in use. Many marinas and boat clubs offer jet ski storage, but it can be pricey, especially during peak season. Shop around to find the most affordable option near you and read reviews before committing to storing your jet ski.

Jet ski launching fees

You may be subject to fees depending on where you decide to launch your jet ski. Some launch sites require an annual pass, while others charge fees only during the peak summer season, and others have a daily cost. Always research launch sites before you travel so you know what fees to expect.

Some marinas and harbours also require anyone launching jet skis on their sites to hold RYA PWC certification, which costs upwards of £180 for a one-day course.

Hidden jet ski costs to consider

When evaluating the costs associated with owning a jet ski in the UK, it’s essential to consider several hidden expenses that may not be immediately apparent.

Safety equipment

While some safety equipment and accessories may come with the jet ski, you might need to make extra purchases to ensure maximum safety on the water. These could include:

• Personal flotation device (PFD)
• Kill switch lanyard
• Protective footwear
• Waterproof phone pouch
• Whistle
• Tow rope
• First aid kit

Winterisation

Winterisation and off-season storage are other hidden expenses to consider. In the UK, the winter months can be harsh on personal watercrafts, and proper winterisation is essential to ensure that the vessel is protected from the elements and ready for use in the spring. This can involve draining fluids, covering the jet ski, and storing it in a dry, safe place.

Trailer

If you’re planning on transporting your jet ski on a trailer, the costs associated with this can add up quickly, too. You’ll need to factor in the initial cost of the trailer, annual service charges, and extras such as a trailer number plate and additional road insurance, where necessary.

Ways to save money on jet ski costs

While owning a jet ski in the UK can incur significant ongoing running costs, there are several ways to reduce these expenses.

One way to save money on jet ski costs is by following proper maintenance to prevent costly repairs. This includes regularly inspecting the jet ski for any signs of wear or damage and ensuring that all equipment is functioning properly.

Another cost-cutting measure is to reduce fuel consumption. You can do this by being mindful of your speed and throttle use, as well as by using a fuel-efficient riding style. You can also consider using fuel additives or more efficient fuel types to help improve your jet ski's fuel efficiency.

Lastly, DIY maintenance and repairs can also be a cost-saving option for jet ski owners. You can do many routine maintenance tasks, such as oil changes and filter replacements, at home with the right tools and knowledge.  However, always consult a professional if you’re unsure, as you don’t want to risk damaging your personal watercraft or injuring yourself.

Specialist jet ski insurance through GJW Direct

As you calculate the cost of owning your new jet ski, you may want to consider factoring in specialist jet ski insurance. Specialist jet ski insurance through GJW Direct can help protect you and your jet ski against theft, damage, and third-party claims should anything happen while you're out on the water.

Find out more about specialist jet ski insurance or get a quick online quote today.