Newps wrote:
(KF
What are you basing that figure on?
Several magazine articles and several friends with jets. Nobody
shopping for a Baron looks at any VLJ as an optional plane. The VLJ
will replace the King Air, Conquest, Cheyenne, etc. One friend has a
Caravan on amphibs. Annual insurance cost is $38K. He also has a
Citation, annual insurance premium is $95K. One trip a year to Flight
Safety is a chunk of change too. Operating a jet is so much more
expensive than any piston as to never, ever compare on an apples to
apples basis.
Eclipse uses $32k for annual insurance cost on their site, but I've
read about it being as high as $42k depending on an individual pilot's
time & ratings. Either way, I sure won't be writing a check anytime
soon : ) I realize Barons & VLJs are apples & oranges, and most
people wouldn't cross-shop the two types. That being said, I guess I
was just amazed by the relatively minimal (purchase) price increase to
go 150kt faster.