Cost of ownership????

On Fri, 23 Mar 2007 11:17:11 -0400, "FLAV8R"
wrote:

"Tim" wrote in message...
"If you have to ask..."

It costs a lot. The airshares program seems to be reasonably set up. At
first glance it seems expensive though. They did the work for
you/everyone. Check out their pricing. If you can't afford at least a
third to half of that program, you probably have to walk away or find more
co-owners.

http://www.airshareselite.com/airpor...escription.pdf

It is a commitment to own a plane.


Wow! If I did my homework correctly, it would cost over 70k for the first
year to fly for only 100 hours.

Buy an older Bonanza and you can fly it for about 6 years for that.
Around there that wold cover all costs, fixed and variable.

Comparing that to my average rental cost of a new C182 with G1000 I would be
able to fly over
600 hours in that same year.

At 130 hours a year the Deb runs about $85 to $95/hr with today's gas
prices. A some what newer F33 might be a bit less expensive to run
per hour due to maintenance but would cost more up front. You should
get back the cost of the airplane later on.

The SR22 is expensive and the insurance is quite high. Local couple
were paying about $9,000 for insurance. They are now on their second
plane as they put over 700 hours on the first one the first year. They
should have about a year on the second one so I don't know what their
costs would be now.

I looked into the airshares program and iy appeared I could operate a
new A36 for less than it would have cost me to stay in that program.
I guess I'll wait till I win the lottery.

David

Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair)
www.rogerhalstead.com