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.





www.Rosspilot.com

Am I right in assuming you have included the purchase price in this
calculation? If so, you should probably deduct the resale value to come up
with a realistic cost of ownership.

--
Regards,
Mike

http://mywebpage.netscape.com/amountainaero/fspic1.html
"Rosspilot" wrote in message
...
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.





www.Rosspilot.com

Am I right in assuming you have included the purchase price in this
calculation? If so, you should probably deduct the resale value to come up
with a realistic cost of ownership.


Yes, I included the acquisition costs, and I agree that I left off the equity
of the airplane. I was really trying to show how much out of my pocket cash it
cost me to own/fly this plane. Of course, if I sell it, I would deduct
whatever I get from the final cost/hr analysis. But that isn't in the cards
(for the moment).




"Rosspilot" wrote in message
...
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.

www.Rosspilot.com

Hey America-hating Moron, how ya feelin' since the election, eh? Have you
flown your piece of **** trainer into a building yet? You can always have
some 5-hour student fly it for you since that's all it takes to master that
thing.

FOUR MORE YEARS for Bush, and your hero Saddam rots in prison. HAHAHA!

See you on the way down from FL 450 Moron. Caution, wake turbulence, Moron!


--
Liberals are EVERYTHING they accuse the right of being.
They are mean, vicious, hateful, greedy, cold-hearted, closed-minded,
selfish, intolerant, bigoted and racist.

www.communistsforkerry.com

"Rosspilot" wrote in message
...
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.





www.Rosspilot.com

"Liberals,HATE,America!-" writes:

Hey America-hating Moron, how ya feelin' since the election, eh? Have you
flown your piece of **** trainer into a building yet?

rant deleted

Ah...another Red State voter discusses their feelings.

Hey America-hating Moron, how ya feelin' since the election, eh? Have you
flown your piece of **** trainer into a building yet? You can always have
some 5-hour student fly it for you since that's all it takes to master that
thing.

FOUR MORE YEARS for Bush, and your hero Saddam rots in prison. HAHAHA!

See you on the way down from FL 450 Moron. Caution, wake turbulence, Moron!


--
Liberals are EVERYTHING they accuse the right of being.
They are mean, vicious, hateful, greedy, cold-hearted, closed-minded,
selfish, intolerant, bigoted and racist.

www.communistsforkerry.com

"Rosspilot" wrote in message
...
Am I right in assuming you have included the purchase price in this
calculation? If so, you should probably deduct the resale value to come
up
with a realistic cost of ownership.


Yes, I included the acquisition costs, and I agree that I left off the
equity
of the airplane. I was really trying to show how much out of my pocket
cash it
cost me to own/fly this plane. Of course, if I sell it, I would deduct
whatever I get from the final cost/hr analysis. But that isn't in the
cards
(for the moment).




"Rosspilot" wrote in message
...
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.

www.Rosspilot.com

"Bob Fry" wrote in message
...
"Liberals,HATE,America!-" writes:

Hey America-hating Moron, how ya feelin' since the election, eh? Have you
flown your piece of **** trainer into a building yet?

rant deleted

Ah...another Red State voter discusses their feelings.

I know. Makes me want to move from ID to CA or NY just so I am not
associated with this jerk.

Mike
MU-2

On Sat, 20 Nov 2004 02:23:50 GMT, "Mike Rapoport"
wrote:


"Bob Fry" wrote in message
...
"Liberals,HATE,America!-" writes:

Hey America-hating Moron, how ya feelin' since the election, eh? Have you
flown your piece of **** trainer into a building yet?

rant deleted

Ah...another Red State voter discusses their feelings.

I know. Makes me want to move from ID to CA or NY just so I am not
associated with this jerk.

Not even that embarrassment would make me want to move to those two
states:-))

Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair)
www.rogerhalstead.com

Mike
MU-2

I know. Makes me want to move from ID to CA or NY just so I am not
associated with this jerk.

Not even that embarrassment would make me want to move to those two
states:-))

Stay where you are. You're raising the average IQ in all three
states.

(You Red State guys will figure that out by next weekend).

:-)

I'm a red state guy who was disenfranchised by the electoral college and I
figured it our right away. Good comment, though.

--
Regards,
Mike

http://mywebpage.netscape.com/amountainaero/fspic1.html
"Bob Fry" wrote in message
...

I know. Makes me want to move from ID to CA or NY just so I am not
associated with this jerk.

Not even that embarrassment would make me want to move to those two
states:-))

Stay where you are. You're raising the average IQ in all three
states.

(You Red State guys will figure that out by next weekend).

:-)