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![]() "Dan Luke" wrote What have you been driving, George, Jaguars? I get rid of a car at ~100,00 miles . On occasion, I dropped each of my last three cars off at the shop for repairs while I was at work, but none of them ever "broke down." -- Dan C172RG at BFM Really! I drive a work type cargo van that has 220k miles on it. It only has failed to deliver me to my destination 2 times. One was an electric fuel pump that quit suddenly, and one was an alternator failure that the driver (me) failed to notice. -- Jim in NC --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.692 / Virus Database: 453 - Release Date: 5/29/2004 |
#2
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![]() Dan Luke wrote: What have you been driving, George, Jaguars? Actually, I drive a 1989 Nissan pickup with ~160,000 miles on the clock. But I'm married, I'm not young, and I don't commute to a professional job anymore. I get rid of a car at ~100,00 miles . My last position was 29 miles from home. Add it up. That, plus the odd trip to Home Depot and Shop Rite, racks up about 100,000 miles about the time the usual five year loan runs out. George Patterson None of us is as dumb as all of us. |
#3
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In article , Dan Luke wrote:
It's an absolute job requirement that a single commuter will be trading in his car about the time he gets it paid off ... ? What have you been driving, George, Jaguars? Jaguars have improved since Ford has had them (the British Leyland product was appalling, they rusted out in no time). I still wouldn't have a Jag. However, the old 4.2 litre straight six engines make fabulous glider winch engines. Although the rest of the car was abysmal, the engine is worth having. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
#4
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In article , Michael wrote:
The Toyota (a small one providing only somewhat better comfort than a C-150, rather than a larger one providing dramatically better comfort) is going to get 40+ mpg. The C-150 will be lucky to get 15, and the gas costs more. But the Toyota doesn't fly. We bought the C140 for $20K, and it's currently being sold for $22K despite a few hundred extra hours on the airframe. A $20K Toyota would have depreciated by at least $6K over 4 years. The delta is $8K. We've nowhere near paid $8K on maintaining the beast. Even if the plane was sold for the same price as bought, that'd still be a $6K and would still have paid for the maintenance quite adequately. This is why I don't buy new cars. My current car when new was 20K. I bought it for 4K, and all it's needed has been routine maintenance. I'll take the risk on major things going wrong if it (a) means I don't need to pay interest on a car loan and (b) don't have to pay 16K of depreciation. The car's in good condition and should last me at least 10 years. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
#5
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Dylan Smith wrote
The Toyota (a small one providing only somewhat better comfort than a C-150, rather than a larger one providing dramatically better comfort) is going to get 40+ mpg. The C-150 will be lucky to get 15, and the gas costs more. But the Toyota doesn't fly. A friend of mine had a Toyota whose max level speed was higher than a C-140. It also cost less. And a car is a necessity - a plane is not. We bought the C140 for $20K, and it's currently being sold for $22K despite a few hundred extra hours on the airframe. A $20K Toyota would have depreciated by at least $6K over 4 years. The delta is $8K. We've nowhere near paid $8K on maintaining the beast. Really? Does that include the annual inspections? How about your time spent working on it? BTW - a $20K Toyota is a pretty high-end car. I've never paid that much for a car, new or used. I don't know how long you kept your C-140, but I kept my first Honda just over 6 years. It was only a two-seater, but it held two in MUCH greater comfort than your C-140. It was also way faster, and got better gas mileage. My TOTAL cost of maintenance for the entire time I owned it, including all required inspections and all routine maintenance (none of which I ever did myself) was well under $1000. Not per year, but total. I paid just over $11K for it new, and when some idiot rear-ended me on the shoulder, the insurance company wrote me a check for well over $7K. I don't know anyone who has ever done that well with an airplane. Michael |
#6
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In article , Michael wrote:
have depreciated by at least $6K over 4 years. The delta is $8K. We've nowhere near paid $8K on maintaining the beast. Really? Does that include the annual inspections? How about your time spent working on it? Easily. Our maintenance was nowhere near 8K, even when we put two new cylinders on it. I actually enjoy working with planes, so I don't count my time messing with them as cost, any more than I count my time, say, flying gliders or playing computer games as monetary cost. I spend at least an entire day a week at the airport (and still do). Counting every bit of your time as money is IMHO counterproductive. I work to live, I don't live to work. BTW - a $20K Toyota is a pretty high-end car. I've never paid that much for a car, new or used. Many people I know who say flying is very expensive think nothing of taking out a large loan to buy a 20K vehicle and service the loan. At least half the people I worked with (i.e. in a similar income range to me) in Houston had cars that cost them at least 20K. I was the odd one out, owning a pickup which cost me far less than half that - and I was one of the few who wasn't servicing a car loan. These same people wondered how I afforded this expensive flying thing. Easy when you're not paying off a car loan and suffering the huge depreciation charge on a new vehicle that was bought for over 20K. You just had to look in the parking lot to see the numerous Suburban-sized SUVs (priced one recently?), Mercedes and BMWs to see that many people were happy to spend very large sums of money on their vehicle. Nothing wrong with that of course, but to complain you're skint afterwards seems a bit disingenious. just over 6 years. It was only a two-seater, but it held two in MUCH greater comfort than your C-140. But it couldn't fly. better gas mileage. My TOTAL cost of maintenance for the entire time I owned it, including all required inspections and all routine maintenance (none of which I ever did myself) was well under $1000. Not per year, but total. I paid just over $11K for it new, and when some idiot rear-ended me on the shoulder, the insurance company wrote me a check for well over $7K. So 6 years of driving cost approximately $5K less the fuel cost. That'll buy quite a bit of maintenance on a modest light aircraft. Sure you'll do the work yourself, but if you actually ENJOY the work, it can hardly be considered 'cost'. Sure, the level speed of a Toyota is much better than a C140. However, how many speeding tickets will you get if you drive across Houston at 100 mph? Can you even do 100 mph anywhere on Houston freeways except in the middle of the night? League City to the soaring club was 45 minutes in my C140. It was 1.5 hours in my truck and I don't exactly drive slow. I'm not saying flying is cheap; it's not. However, you don't have to be particularly rich to afford a modest plane. When I was in the US, I only put my international service allowance + a part salary transfer into my US bank account (IBM pays you in your home country). For the entire time I was there, I never increased my salary transfer. The total paid into my US account was $2400/month - I could afford to run my C140 (and my Ford) on that money, and take the occasional trip in the Bonanza without needing to transfer any extra money from home...and I was still saving money in the US! It wasn't till I started flying twins that I had to think of transferring money in. My parner in that C140 was one of SPX's _line boys_. His wife was a newly-graduated chemical engineer (and flew the plane too). They now own a Cessna 180 (although he's now on the bottom rung of corporate piloting, only a slight pay drop from being a line boy). If you've got the will to fly, the passion for it - you can figure out how to pay for it even on fairly modest money. Not buying a brand new car with a car loan is one thing that helps tremendously. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
#7
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I just hope you're not an accountant ;-)
You made the statement: "I actually enjoy working with planes, so I don't count my time messing with them as cost, any more than I count my time, say, flying gliders or playing computer games as monetary cost." There's a big problem with you analogy there... If you choose NOT to fly a glider or play with a computer game, it is not necessary for you to pay someone to engage in these activities for you. So, for all intents and purposes, there is no cost either way involved in these activities. But if you choose NOT to work on your airplane yourself, you WILL have to pay someone to work on it for you if you wish to keep it airworthy. When budgeting for something like an airplane, you really shouldn't count on your own labor contributions as a cost saving measure. Something always goes wrong! "Dylan Smith" wrote in message ... In article , Michael wrote: have depreciated by at least $6K over 4 years. The delta is $8K. We've nowhere near paid $8K on maintaining the beast. Really? Does that include the annual inspections? How about your time spent working on it? Easily. Our maintenance was nowhere near 8K, even when we put two new cylinders on it. I actually enjoy working with planes, so I don't count my time messing with them as cost, any more than I count my time, say, flying gliders or playing computer games as monetary cost. I spend at least an entire day a week at the airport (and still do). Counting every bit of your time as money is IMHO counterproductive. I work to live, I don't live to work. BTW - a $20K Toyota is a pretty high-end car. I've never paid that much for a car, new or used. Many people I know who say flying is very expensive think nothing of taking out a large loan to buy a 20K vehicle and service the loan. At least half the people I worked with (i.e. in a similar income range to me) in Houston had cars that cost them at least 20K. I was the odd one out, owning a pickup which cost me far less than half that - and I was one of the few who wasn't servicing a car loan. These same people wondered how I afforded this expensive flying thing. Easy when you're not paying off a car loan and suffering the huge depreciation charge on a new vehicle that was bought for over 20K. You just had to look in the parking lot to see the numerous Suburban-sized SUVs (priced one recently?), Mercedes and BMWs to see that many people were happy to spend very large sums of money on their vehicle. Nothing wrong with that of course, but to complain you're skint afterwards seems a bit disingenious. just over 6 years. It was only a two-seater, but it held two in MUCH greater comfort than your C-140. But it couldn't fly. better gas mileage. My TOTAL cost of maintenance for the entire time I owned it, including all required inspections and all routine maintenance (none of which I ever did myself) was well under $1000. Not per year, but total. I paid just over $11K for it new, and when some idiot rear-ended me on the shoulder, the insurance company wrote me a check for well over $7K. So 6 years of driving cost approximately $5K less the fuel cost. That'll buy quite a bit of maintenance on a modest light aircraft. Sure you'll do the work yourself, but if you actually ENJOY the work, it can hardly be considered 'cost'. Sure, the level speed of a Toyota is much better than a C140. However, how many speeding tickets will you get if you drive across Houston at 100 mph? Can you even do 100 mph anywhere on Houston freeways except in the middle of the night? League City to the soaring club was 45 minutes in my C140. It was 1.5 hours in my truck and I don't exactly drive slow. I'm not saying flying is cheap; it's not. However, you don't have to be particularly rich to afford a modest plane. When I was in the US, I only put my international service allowance + a part salary transfer into my US bank account (IBM pays you in your home country). For the entire time I was there, I never increased my salary transfer. The total paid into my US account was $2400/month - I could afford to run my C140 (and my Ford) on that money, and take the occasional trip in the Bonanza without needing to transfer any extra money from home...and I was still saving money in the US! It wasn't till I started flying twins that I had to think of transferring money in. My parner in that C140 was one of SPX's _line boys_. His wife was a newly-graduated chemical engineer (and flew the plane too). They now own a Cessna 180 (although he's now on the bottom rung of corporate piloting, only a slight pay drop from being a line boy). If you've got the will to fly, the passion for it - you can figure out how to pay for it even on fairly modest money. Not buying a brand new car with a car loan is one thing that helps tremendously. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
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