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Old April 24th 07, 12:15 AM posted to rec.aviation.piloting,rec.aviation.owning,rec.aviation.homebuilt
Newps
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Posts: 1,886
Default Sun N Fun '07 Redux



Roger (K8RI) wrote:
On Mon, 23 Apr 2007 10:32:07 -0600, Newps wrote:


I have a friend who owned a Citation for many years. The insurance was
$90K per year. He also owned a Caravan on amphibs, that ran $45K per
year for insurance. Another friend has a Caravan on wheels, that only
costs $35K per year.



I can understand the jet (high due to being a jet and the number of
seats) and the Caravan on floats, but on wheels that is almost twice
what they quoted me for a TBM 700 with the Caravan costing less and
being considerably slower.


The Caravan on wheels price may reflect that it is the company plane.
The company makes small diameter tubing for the auto industry in
Michigan and was a cost effective way of owning a Caravan. I should ask
him what he pays for the Turbine 210, that's a personal bird I believe.