How Much Does The Average Jet Ski Cost?

If you’re thinking about buying a Jet Ski, it’s important to know how much the average cost is.

The name Jet Ski is the brand name of a personal watercraft (PWC) manufactured by Kawasaki.

Often considered the perfect summertime toy, a Jet Ski is one of the most enjoyable choices. It can provide hours and hours of fun for kids and adults alike without breaking your bank account.

In this article, I will show you how much an average Jet Ski costs so that you can make a more informed purchase decision when it comes to getting yours.

man having fun on a jet ski

How much does a Jet Ski cost?

The answer is it depends on many factors including what your needs are and the features of the Jet Ski. The build quality and performance level are factors that affect the price. Of course, any additional bells and whistles will cost you more.

The average price of a new jet ski in 2022 can range from $5,400 to $18,500.

If you are looking for a new Jet Ski with basic functions and performance, but a step up from the lowest-end models, expect to pay around $6,000 – $7,000.

New Jet Ski price chart

What is the cheapest Jet Ski?

The cheapest new Jet Ski would be the Sea Doo Spark 2 UP 60 HP which has a starting MSRP of $5,399. This Jet Ski is known for its amazing fuel economy with the Rotax 900 ACE engine and only burns 1.94 gallons of fuel per hour.

How much does a used Jet Ski cost?

The cost of a used Jet Ski can also vary greatly depending on its age, amount of use, and condition. If you are looking to save some money but still have a great Jet Ski, buying used might be an option for you.

On average, a used Jet Ski will depreciate around 22% in the first year. After year one, it will depreciate at around 8% each year. So using the Sea-Doo Spark 2 UP 60 HP as an example, you might only pay around $4,200 for the same model that is only 1 year old.

If you are on a smaller budget, you should be able to find a used Jet Ski that is 5 years old for around $3,000.

Are Jet Ski’s worth the money?

Yes, I believe Jet Ski’s are worth the money. Considering a brand new model will only cost around $5500, you can expect to get many years of use for only a few hundred dollars each year.

Most Jet Ski’s will last around 10 years with regular maintenance and use. So for around $550 per year plus ownership and maintenance costs, you can enjoy your new Jet Ski.

Of course, used models are even cheaper and well worth the cost provided your maintenance expenses are low and it doesn’t need repairs.

young couple riding a jet ski

Benefits of buying a new Jet Ski

There are many benefits of buying a brand new jet Ski.

  • Warranty
  • Reliability
  • No wear and tear/poor maintenance from previous owners
  • Dealer and manufacturer discounts available
  • New accessories and modifications are available

Benefits of buying a used Jet Ski

If you choose to buy a used Jet Ski, here are a few benefits.

  • Lower cost to buy
  • Great deals for used models with up-to-date maintenance
  • Avoid the depreciation amount by buying a used 1-year-old model

How much does a Jet Ski cost to rent?

If you are someone who doesn’t use a Jet Ski often, then buying a new or used one might not be the best option. You can choose to rent a Jet Ski anytime whether you are on a vacation or just looking to get out for the afternoon.

The cost to rent a Jet Ski can vary but expect to pay around $75-90 per hour or $350-$400 per day.

The cost will vary depending on your location. Some places charge more than others. The rental fee will include life vests, safety equipment, and fuel.

several jet skis lined up at a dock

How much does a Jet Ski trailer cost?

If you are purchasing a new or used Jet Ski, you will most likely need a trailer to tow it. If you just have 1 Jet Ski, you will need a single trailer.

New trailer cost is around $800-$1200 which can be purchased at the same time with the jet Ski itself.

jet ski on a trailer

How much does it cost to own and maintain a Jet Ski?

There are costs associated with owning a Jet Ski which is on top of the purchase price. The average person will use their jet Ski for around 30 hours per year. The amount of fuel burned should be around 100-150 gallons which will cost around $400 each year.

You will need insurance on your Jet Ski which will vary but expect to pay around $300 per year.

Regular maintenance will be required on your Jet Ski. This includes oil changes, battery replacements, spark plugs, winterization, and any other things that might pop up along the way.

The cost of maintaining a Jet Ski can vary greatly but on average you can expect to spend around $800-$1200 per year. Average about $100 per month.

Summary

The cost to purchase a Jet Ski can vary quite a bit depending on if you are buying a new or used one. The purchase price is not the only thing to consider as you will need to add in the cost of owning and maintaining it as well.

This includes insurance, fuel burn, maintenance, plus the cost of a trailer purchase. If you decide that buying a Jet Ski is not in your budget, you always have the option of renting one which is a popular choice.