expense analysis

"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).

I couldn't of said it better, Lee.

Ahem. That's "I couldn't HAVE said it better, Lee."

Whew! My faith is restored.

If you knew how many times I was interrupted while trying to post that
reply, you'd be surprised I was able to write coherently -- let along
correctly.

Danged pesky guests!
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Rosspilot" wrote in message
...
I did some analysis of the data I keep (which on the airplane is
EVERYTHING)
and thought the readers here might find some of it interesting.

I added up everything I have EVER spent on this 1967 C-172H (acquisition,
upgrades, annuals, fuel, insurance, repairs, parking, new headsets and
GPS,
paint job, detailing, new glass, Strikefinder, etc. In short, EVERYTHING
spent
on the plane. It is (as of now) $94,900.00.

I have owned the plane for 5.5 years. That means I have paid $17,250 per
year.

I have flown the airplane 550 hrs. My cost per flight hour is $172.
Maybe
that's where the "172" came from G.

Since I use the airplane in my business, there are significant tax
considerations that offset that cost, BUT

Considering all that goes with owning an airplane, for the joy of it, for
the
freedom it represents, the attainment of a lifelong ambition and dream,
for the
utilitarian purpose that it serves, for the convenience, and mostly for
the
sense of connection between man and a flying machine, it's a HUGE bargain.

Just returned from my third round trip NY-Tampa flight. Left the day of
the
blackout at 6:45 AM. Didn't even know about it till arrival in Florida at
4
PM. I am SO glad I decided not to go commercial . . . I would have been
caught
in the crush, and sleeping on the airport floor somewhere.

Fuel consumption over the 19.7 (tach) and 23.3 (Hobbs) time was 7.40
gal/hr.


www.Rosspilot.com