I fly about 75 - 100 hours a year. I own a '65 Skyhawk/IFR/180HP. I
agree, the hours do not meet the financial requirements on owning, but
there is something to be said that MY plane is in the hangar with I want
to fly, and I do not have to try and schedule a plane after a week of
bad weather, only to have everybody else trying the same thing.
Partnership would be an alternative, maybe.
markjen wrote:
There are a lot of variables, but it usually works out that the "break even"
point between owning and renting is around 150-200 hours/yr. But if you can
fly 100 hours or more, the costs are close enough that the overwhelming
benefits of ownership (predictability, scheduling, flexibility, pride, etc.)
make it a great way to go, provided you want and have the extra time to
spend managing the ownership aspects (maintenance, keeping it clean,
paperwork, etc.).
Below 100-hours, ownership really doesn't make economic sense so I advise
people flying the typical 50 or 75 hours per year to try and find a 2- or
3-way partnership.
- Mark
|