"ArtP" wrote in message
...
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.

I'll do you one better!

I was renting hanger space for $350/month and I could call the FBO and tell
them I was going flying. They would take the airplane out of the hanger and
fuel it at the self serve pump (and give me a discount). Then they would
put the airplane away. The next morning they pulled the airplane out before
I arrived.


THEN, I bought a hanger lot with deeded runway access and had an 80x80
hanger built. Now I have to pull the airplane in and out, make sure the
taxiway is cleared of snow, FOD ect. I am also diagonally across the
airport from the fuel island and they don't have a fuel truck. So after
spending a couple hundred thousand on my new hanger, I recieved my first
natural gas bill...$537...property taxes...~$250/month...electicity
~$50/month.

Mike
MU-2