expense analysis

Sell the plane for $47,500 and your cost of ownership would be down to $86
per flight hour. Cost per year - $8,625 per year. g

(tax considerations are a bonus)

Now ...what to buy next?

--
Montblack

("Rosspilot" wrote)
I did some analysis of the data I keep (which on the airplane is
EVERYTHING)
and thought the readers here might find some of it interesting.

I added up everything I have EVER spent on this 1967 C-172H (acquisition,
upgrades, annuals, fuel, insurance, repairs, parking, new headsets and
GPS,
paint job, detailing, new glass, Strikefinder, etc. In short, EVERYTHING
spent
on the plane. It is (as of now) $94,900.00.

I have owned the plane for 5.5 years. That means I have paid $17,250 per
year.

I have flown the airplane 550 hrs. My cost per flight hour is $172.
Maybe
that's where the "172" came from G.

Since I use the airplane in my business, there are significant tax
considerations that offset that cost, BUT
snip