On Mon, 02 Feb 2004 18:52:28 GMT, "Dave Covert"
wrote:


So please, if you are a pilot, and you don't own a plane, please email me
with a candid explanation as to why you personally don't own one. I will
compile the 'data' and post it back to the group once I have some idea of
the answer.

I own a plane (SR20), it costs me $6000 a year for insurance, $3600 a
year for a hangar (no electricity and gravel floor), about $3000 a
year in maintenance and I only fly about 100 hours. That works out to
$165 an hour. That does not include the cost of the plane. Before
buying the Cirrus I was in a club that only charged $70 an hour for a
Cessna 172. My FBO will rent a Piper twin for $150. Buying was the
biggest financial mistake I ever made.