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#16
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![]() 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. |
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