He's over pricing even based on sportsplanes.com's own business model.

http://sportsplanes.com/Content.aspx?Page=Lease%20601
Operating Cost at 700 hours per year is estimated to be $45.03

700hrs/yr is only 1.9 hr per day flying.

Cost of debt service for a loan of $54,500 over 12 yrs. at 9% is $620/month
or $10.63/hr based on 700 hrs per yr.

Average school may charge $69.00 per hr including fuel.

Gives profit of $13.34/hr

Annual Profit of $9,338.00 per airplane after paying all monthly payments
and operating costs

Note: costs may change.

This is an estimate







"Cub Driver" wrote in message
news
On 12 Oct 2005 22:04:09 -0700, wrote:

I really like the 601 and would love to put 10 to 20 hours on one but
the price should be more like $60/hr for the plane.

Dream on! I pay $75 wet for a Cub that is worth $35,000 tops. If the
plane you want to fly costs $80,000, you are going to pay north of
$100/hour for the privilege of sitting in it with the engine running.


-- all the best, Dan Ford

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