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expense analysis



 
 
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  #1  
Old August 24th 03, 02:28 AM
Tom S.
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"Rosspilot" wrote in message
...
How much did you buy it for and how much could you sell it for today?


I paid $28,500. Since owning it I have added:

Strikefinder $5000
Whelan Comet Strobes $1400
Garmin 327X Transponder $2400
New Paint and Glass $12,000
Major Engine Repair $13,000
Garmin GPSMap 196 $1000
Bose X Headset $1000
and many, many, many other smaller items (step kit, new vents and visors,

EGT
guage, carb temp guage, 4-place intercom,
inertial shoulder harnesses, firebottle, and, well, you get the idea

I am TOLD (and using the many, many aircraft evaluative services and

websites
including AOPA's and others) it would retail around $42,000 in the

condition
and with the time and equipment it has. I wouldn't even consider it.


Paid $28.5K, added major equipment of $33.8, now can sell for $42K.

Wouldn't it be great if you could do the same thing with your CAR.

Recalculate your costs with the final sell value and see what your hourly
comes to.




  #2  
Old August 24th 03, 02:55 AM
Rosspilot
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Recalculate your costs with the final sell value and see what your hourly
comes to.


drops to $96/hr

www.Rosspilot.com


  #3  
Old August 24th 03, 05:47 AM
Tom S.
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"Rosspilot" wrote in message
...
Recalculate your costs with the final sell value and see what your hourly
comes to.


drops to $96/hr



I wonder what it would be with a newer, or much newer unit. The newer (late
1980's on up) are not _depreciating_, they're _appreciating_!!

I was looking at a 1994 Commander 114B that costs more now ($259K) than it
did new in 1994 ($245k).





 




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