Well I have only been an airplane owner for a few months but so far owning
is more expensive than renting. I must say that the convenience of having
your own airplane to go to when ever you want is worth a few bucks. Has
anyone found owning more expensive than renting? :-)
Owning is always more expensive than renting, until you get to a high number
of hours flown annually.
The old "100 hours per year break-even point" is about right -- until you do
a major interior upgrade, or replace a cylinder. Than *poof* -- renting
looks mighty fine. I'd bet the "real" break-even point (over time) is
closer to 150 hours per year.
But you're right -- owning is worth every penny.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"