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I often have a factory service center do my annual so I usually spend
around $5,000 for the annual. (give or take a grand). Mid year maintenance is probably around $2,000 including about $400 for the 100hr ADs in year. The plane flys around 120 hrs/year. Insurance is around $1,600 /yr. Shop rates vary between $70/hr and $100/hr. Sometimes I will do a non-Mooney service center annual that usually runs around $2500. Property taxes are around $550 year (CA) I burn about 10 gal/hr at between $3.00 and $4.00 per gallon. Tie down is $720/yr I figure my costs to be around $85/hr plus $240/month in fixed costs (allocating the inspection part of the annual to fixed) plus insurance. However, that includes engine/prop reserve but no avionics reserve. -Robert M20F 1976 |
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