Justin Gombos wrote:
On 2007-07-13, Gig 601XL Builder wrDOTgiaconaATsuddenlink.net wrote:
Justin Gombos wrote:

I think you need to do some more research into the cost of ownership
of an aircraft. I read some pretty good advise once that if the
price of an aircraft was even approaching being a problem for you
that you shouldn't be buying that aircraft.

AFAIK, the only other figures I need to explore are maintenance costs
at this point.. which I've heard are significant. Roughly, what
should I figure to be an average or typical annual cost on maintaining
a Columbia (or the like) with 1k TT?

I don't have a clue but your response illustrates my point. You have
acknowledged that the cost of the aircraft is at the edge of your comfort
range and the cost of insurance might put it outside that range. In addition
to maintenance you will also have to park it somewhere and that usually
costs something as well. Seeing as the Columbia is a composite aircraft you
will probably want to park in a hanger. That can range from a sistuation
like mine where I pay $450/year for the ground lease and own my hanger which
cost $30K to thousands/month.