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#41
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Cost of ownership????
"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Matt Barrow wrote: "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Marco Leon wrote: You're welcome. FYI, I stopped using it because I didn't like what it was telling me. "Lou" wrote in message oups.com... Thank you, that is exactly what I was looking for. Lou I had some how missed that site. Good work. I pluged in the numbers based on 601XL I'm building and I break even at 26.9 hours/year. That makes me very happy. Do you use yours for business at all? Yes, I'll be using it to travel for business some. Are you allocating something, cost-wise, for your labor during the building process? |
#42
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Cost of ownership????
"Lou" wrote in message news:
I've allways loved to hear that line. It makes me think of all the people who buy a house and end up in bankruptcy. I suppose these are the same people who didn't ask either. Unless you have milions comming out your ass, what kind of person wouldn't find out ahead of time what the entire cost of somthing is ahead of time? After all, who is dumb enough believe that they are just going to make the payments without getting the maitenance cost? Oh thats right, the person who didn't ask. It seems to me, if you have to ask, your smart enough to own it, not dumb enough to buy it and not be able to take care of it. Plane or otherwise. Lou's right. Owners may not be able to predict every dime they will spend but they need to do at least a general assessment of the financial requirements. Every book on ownership [rightly] says to do this. I remember seriously thinking about getting a Lake Amphibian as my first airplane because of visions of landing on the lake at my folks' house. I didn't have to crunch too many numbers to get that idea outa my head. Now I use my spreadsheet to plan for a possible upgrade in airframes. With requirement of six seats, I know the approximate costs in buying and maintaining a Saratoga or an 36-series Bonanza. I don't know when I'll be able to jump into it, but at least I can be sure I won't jump into it too early. Marco |
#43
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Cost of ownership????
Matt Barrow wrote:
"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Matt Barrow wrote: "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Marco Leon wrote: You're welcome. FYI, I stopped using it because I didn't like what it was telling me. "Lou" wrote in message oups.com... Thank you, that is exactly what I was looking for. Lou I had some how missed that site. Good work. I pluged in the numbers based on 601XL I'm building and I break even at 26.9 hours/year. That makes me very happy. Do you use yours for business at all? Yes, I'll be using it to travel for business some. Are you allocating something, cost-wise, for your labor during the building process? Not a dime. Unless soemthing happens to it during the build process before first flight. In that case insurance will pay my $15/hr up to the insured hull value. |
#44
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Cost of ownership????
In article ,
"Marco Leon" wrote: With requirement of six seats, I know the approximate costs in buying and maintaining a Saratoga or an 36-series Bonanza. Compare weight & balance on any aircraft you are considering. Always calculate takeoff and landing C/G and compare. |
#45
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Cost of ownership????
Here is a slightly different answer, but just as relevant to the topic...
What is your marriage worth? :-)) |
#46
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Cost of ownership????
RST Engineering wrote:
Having said that, you don't need a $100K Super Bugsmasher as your first airplane. There are tens of thousands of elderly 150s, 172s, Cherokees, and the like that may not have the sex appeal of a 200 knot bent-gear aircraft, but they will not eat your pocketbook for lunch either. I must say that I think you hit the nail on the head... My mistake was getting the Super Bug Smasher as my first plane. Although I could easily afford it, I found that I wasn't flying enough to justify the cost. For my life situation I chose to get out of the ownership hassles (and there are many) and persue other interests. Flying is a hobby of extremes. At one end is the beauty and excitement of the flying experience itself. At the other end is the extreme expense and endless red-tape involved in even the simplest of repairs or upgrades. And of course after you fork over many AMU's on a repair or upgrade you hear the horror stories of some inept A & P that ****s up your plane and there isn't a damn thing you can do about it, except pay the bill to fix it that is. |
#47
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Cost of ownership????
On Mar 27, 12:55 pm, john smith wrote:
Here is a slightly different answer, but just as relevant to the topic... What is your marriage worth? :-)) I prefer the plane. Lou |
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