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Another ownership question



 
 
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Old November 18th 03, 01:11 AM
jim rosinski
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"markjen" wrote:

There are a lot of variables, but it usually works out that the "break even"
point between owning and renting is around 150-200 hours/yr.


For my 1972 Skyhawk, the break-even point has been around 90-100
hours/yr, counting the value of my own fairly unskilled labor as zero.
That's with a pretty cheap hangar ($135/mo), reliable plane
(unscheduled maintenance has usually been avionics), and cheap
insurance ($700/yr). It does include an engine reserve. Beat-up
172's are renting for around $85/hr wet where I live.

Jim Rosinski
N3825Q
 




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