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Owning more expensive than renting



 
 
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  #61  
Old December 20th 04, 01:37 PM
OtisWinslow
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Owning is a LOT more expensive than renting. While you may
get a breakeven at a certain number of hours .. few owners would
fly as much as they do if they were renting. So that comparison is
a bit fictitious.



"Jon Kraus" wrote in message
...
Well I have only been an airplane owner for a few months but so far owning
is more expensive than renting. I must say that the convenience of having
your own airplane to go to when ever you want is worth a few bucks. Has
anyone found owning more expensive than renting? :-)

Jon Kraus
PP-ASEL-IA
Student Mooney Owner



  #62  
Old December 20th 04, 03:14 PM
Gene Seibel
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When you own you don't have to turn yourself in at the end of the
flight. You are free to go.
--
Gene Seibel
Gene & Sue's Aeroplanes - http://pad39a.com/gene/planes.html
Because I fly, I envy no one.

  #63  
Old December 20th 04, 04:17 PM
xyzzy
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Matt Barrow wrote:

Lastly. one thing missing in many rentals is the ability to do a RON.


RON?

  #64  
Old December 20th 04, 04:46 PM
G.R. Patterson III
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xyzzy wrote:

RON?


Remain OverNight.

George Patterson
The desire for safety stands against every great and noble enterprise.
  #65  
Old December 20th 04, 05:35 PM
Matt Barrow
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"Roger" wrote in message
...
On Sat, 18 Dec 2004 20:02:42 -0800, "BTIZ"
wrote:

Those 150s now rent for $50-60 per hour. The Bonanza that used to be
available was $160/hr and the Twin Seneca IIs are currently $180-200 /hr.


I remember the V-tail they had was $16/Hr

Hmmm...come to think of it, that was 41 years ago.


I guess!! I still have the FBO's receipt from the day I solo'ed
(12/01/82) -- the 152 was $12.00 and the instructor was $9.00 (a 172 was
$14).


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


  #66  
Old December 20th 04, 06:19 PM
Matt Barrow
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wrote in message
news:7_mxd.379$Y57.11@trnddc08...
On 19-Dec-2004, "Matt Barrow" wrote:

Now I'm looking for all weather capability, thinking of a turbo-prop.
We're putting together two projects to build a total 55 houses in two
towns....more than we now build in a year. Budget looks like $9.75M.


I should clarifiy that the amount mentioned is for the project, not for the
airplane.

There's usually three or four of us that have to travel together, 550nm
and 600nm
.
Any suggestions?



Nice problem to have! Sounds like the ideal mission profile for a single
turboprop (Meridian, TBM-700, PC-12), or maybe a Malibu Mirage. However,
either of the Pipers might have a problem making a 600 nm trip nonstop

with
4 aboard against a strong headwind and with IFR reserves.


I had been thinking King Air C90B, but a single might work.

How are they for "roominess"? These boys come from the construction trades
and are pretty "big" boys. My project leader is 6'7" and about 260.


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


  #67  
Old December 20th 04, 06:29 PM
Matt Barrow
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"G.R. Patterson III" wrote in message
...


Matt Barrow wrote:

Let's have a show of hands from all those who drive a Hertz

(okay...Budget)
rental car instead of your owned/leased vehicle?


We rent one every time we need to travel more than about 100 miles. It's

sort of
the opposite of airplane rentals. We own high-mileage vehicles that aren't

real
comfortable (read "small") on trips. That's great for local driving but

not so
hot for a drive to (say) Tennessee with a load of luggage.


When flying was strictly for pleasure we joined a flying club and managed
about 75-100 hours a year. When we started our own business and it grew
outside the local area, we bought and were doing 200-300 years from the
beginning, and now are well over 400 annually.

I can unequivocally say the two planes I've owned these past six years have
virtually made my business possible and it could NOT have been done with
rentals. Now I need to add all-weather capability, more range and speed.

I must say, though, it's a fun dilemma.


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


  #68  
Old December 20th 04, 07:30 PM
Dave Butler
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Vaughn wrote:

That said, I envy owners and hope to be one some day.


Someday I hope to be two. :-)
  #69  
Old December 20th 04, 09:04 PM
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On 20-Dec-2004, "Matt Barrow" wrote:

Sounds like the ideal mission profile for a single
turboprop (Meridian, TBM-700, PC-12), or maybe a Malibu Mirage.
However, either of the Pipers might have a problem making a 600 nm trip
nonstop
with 4 aboard against a strong headwind and with IFR reserves.


I had been thinking King Air C90B, but a single might work.

How are they for "roominess"? These boys come from the construction trades
and are pretty "big" boys. My project leader is 6'7" and about 260.



The Pipers are probably just a bit roomier than your B36TC (but pressurized,
so they will certainly be more comfortable). The TBM is quite a bit larger,
and I'd wager the PC-12 has more cabin room than a C-90 (and maybe half the
direct operating cost).

--
-Elliott Drucker
  #70  
Old December 21st 04, 01:17 AM
A Lieberman
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On Sat, 18 Dec 2004 13:38:17 GMT, Jon Kraus wrote:

Has anyone found owning more expensive than renting? :-)


After my major overhaul after an inflight cylinder failure on my 1976
Sundowner. I thought I was through the "worst" case scenario, but a new
problem is about to bite me in my rear end that has my A&P scratching his
head.....

Last flight, I noticed under the wing root, some blue dye on my nice shiny
white paint. Thought, ok, maybe when I was topped off, that some fuel
dripped down and left it's traces. Wiped it off, nothing leaking, so I
thought.... Flew the plane, landed, no obvious signs of leaking.

Today, go out, same thing, just enough leakage, that it doesn't make it to
the bottom of the fusalage, nothing on the ground, yet I have a fuel leak
from the root of the wing.

My A&P took a look, sure enough, said I have never seen anything like this.
The Sundowner doesn't have any access panels to the fuel tanks! Everything
is riveted tight as a drum. So.... now do I have a leaky fuel tank, or do
I have a fuel line problem.

A&P said run it today, with the warmer weather and see if I get seepage.
Came back, sure enough, very fine strip of blue from fuel seeping out.

I wiped it off after the flight, to see if I get any seepage. I am
figuring if no seepage, then there is a good chance it's a fuel line
leaking under pressure. I asked for the tank to be topped off as well.

Either way, it's going to be very expensive to repair.... If it's the
tank, the entire wing will probably have to be removed from what I gather,
as it does not appear to be "bladders" according to my A&P.

Total time on airframe is 2253, so be very careful in buying "underused"
airplanes. Sitting on the ramp is worse then being used on a regular basis
as I am learning the hard way.

Allen
 




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