"Rosspilot" wrote in message
...
I did some analysis of the data I keep (which on the airplane is
EVERYTHING)
and thought the readers here might find some of it interesting.
I added up everything I have EVER spent on this 1967 C-172H (acquisition,
upgrades, annuals, fuel, insurance, repairs, parking, new headsets and
GPS,
paint job, detailing, new glass, Strikefinder, etc. In short, EVERYTHING
spent
on the plane. It is (as of now) $94,900.00.
I have owned the plane for 5.5 years. That means I have paid $17,250 per
year.
I have flown the airplane 550 hrs. My cost per flight hour is $172.
Maybe
that's where the "172" came from G.
How much did you buy it for and how much could you sell it for today?
Airplanes are not depreciating in cost anymore (like automobiles). They cost
more used than they did new.
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