ok, i have re-read this whole thread and i can't see where anyone is
baking-in the value of the asset gained in the buy/rent discussions.
i'm not too far from buying my first (and probably last, i'm gettin
close to 60 years old and already retired) plane and the kinds of
planes i'm looking at quit depreciating a long time ago. yes, you've
got engine time and a list of different types of expenses that would
drive an enron accountant crazy but, end of the day, you do have an
asset. in my brief experience, it looks like the little planes are
holding value and may be appreciating some. not enough to offset
engine use-cost but some. meanwhile, someone here pointed me at the
c-140 and those are looking mighty interesting. 140A especially but
maybe a 152 would be smarter.this is fun to wory about anyway.

dan