Owning more expensive than renting

wrote in message
news:cf%xd.6954$rL3.3392@trnddc03...

On 21-Dec-2004, "Matt Barrow" wrote:

I find two on ASO for just under $5M, a 1999 and a 2001 model.
Whatever...it's still way outside my budget.

I'm not impressed with the present market for the Cessna 441's I see on
the market. I can pick up a Commander 840 or even a 900 for less than
$1M,
which is more akin to the budget and still suites the mission just fine.


Just remember that operating and maintenance costs for a 20 year old twin
turboprop will be the same or higher than for a brand new one.

Probably the same, and insurance probably will be less. Many of the ones I
saw have been refurbished, and some have been completely restored. One has
virtually new TFE331-10T engines (20 hours) and another, has an all new
Garmin/Meggitt panel.

Purchase
price is only part of the story. The real question is, how much can you
afford in total hourly cost to fly the plane? Oh, and don't forget the
cost
and time for recurrent training, which your insurance carrier is bound to
require.

Well, if I save a half million or more, I can afford a lot of training :~)

Like I said, I've got a couple months to keep digging.


--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO