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  #12  
Old September 6th 05, 06:07 AM
Jack Allison
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Robert M. Gary wrote:
" Just curious since I figure my costs on
the Arrow are running right at 1/2 of what a rental Arrow goes for. "

Didn't you just buy this plane though.

Yep, bought it in April

I would be really surprised if
the cost of ownership ends up being less than rental.

Actually, I won't be surprised. It won't be 1/2 of the going rental
rate at the end of a year's worth of ownership but I think it will be
less than rental. Current Arrow rental rate at Executive Flyers is
$134/hr wet which must have come down a bit lately as it used to be
somewhere North of $140/hr. My costs have run right at $70/hr. This
includes all monthly fixed costs and all variable per-hour costs. Also
includes reserves for engine and annual inspection.



--
Jack Allison
PP-ASEL-IA Student
Arrow N2104T

"When once you have tasted flight, you will forever walk the Earth
with your eyes turned skyward, for there you have been, and there
you will always long to return"
- Leonardo Da Vinci

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