Thread: some cost info
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Old November 16th 04, 05:09 PM
Rosspilot
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Default some cost info

This is just one man's numbers, but they are real world and may be of interest.
I am particularly anal about my aircraft expenses . . . every nickel spent on
flying (including buying toys and gadgetry, charts,, landing fees, fuel,
WHATEVER) is kept in an Access database. There are the following catagories:

Parking (tie-downs, landing fees, ramp fees), Fuel, Insurance, Maint (includes
all inspections, repairs (including a $13,000 engine repair in 99), servicing,
gadgetry, new paint and glass, Strikefinder, etc), and Acquisition (purchase
price plus title search and other adminstrative fees paid).

Since purchasing this plane (May 98) I have flown her 775 hrs, and spent $101,
560 to do it. That's $131.00 / hr to own and fly this airplane.

With all the joy and convenience of ownership, and a wet rental '67 172 at a
nearby FBO (not nearly as well-equipped as mine) at $90/hr, it's a good deal
even without the business/tax implications.





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