"Jack Allison" wrote in message
...
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



You will probably find that your long term costs are substantially higher
than your costs to date. Everything from tires to bearings to gyros to
windshields is wearing out and is unlikely to be free to replace.

Mike
MU-2