Am I an idiot? Low experience; high performance

That's the killer, I guy I know just picked up a really, really nice
V35 Bonanza for 50K since the owner was getting premium quotes of
14-18K. I ran my numbers though AOPA and came up with $930 per year,
hull and liability.

Bush

On Tue, 28 Aug 2007 15:52:20 -0700, wrote:

I am contemplating buying an airplane mostly for business trips, but I
know a 172 or something like that will not stand the test of time
since I frequently travel to Wichita and the headwinds are brutal
sometimes.

I have been thinking about a Mooney or Bonanza but I wonder if I am
setting myself up for trouble since I have less than 100 hours logged.

Do you think I would be less safe in such an airplane, or would some
extra training be sufficient?

On Wed, 29 Aug 2007 20:05:55 -0500, Bush
wrote:

That's the killer, I guy I know just picked up a really, really nice
V35 Bonanza for 50K since the owner was getting premium quotes of
14-18K. I ran my numbers though AOPA and came up with $930 per year,
hull and liability.

Mine runs about $1600 for 80 grand with Hull, liability, and medical.
However it takes 750 TT (up 50 since last year), 200 retract, 20 or 25
make and model, and an instrument rating (also new) for some one else
to fly it unless they are a named pilot. Adding a named pilot with
1800 TT with no (fender benders) and instrument rated, but only 20 in
retract was nearly $500


Bush

On Tue, 28 Aug 2007 15:52:20 -0700, wrote:

I am contemplating buying an airplane mostly for business trips, but I
know a 172 or something like that will not stand the test of time
since I frequently travel to Wichita and the headwinds are brutal
sometimes.

I have been thinking about a Mooney or Bonanza but I wonder if I am

The Mooney is much more efficient, but the Bo is more comfortable with
seats setting up high like chairs.

setting myself up for trouble since I have less than 100 hours logged.

Do you think I would be less safe in such an airplane, or would some
extra training be sufficient?

That is determined by attitude and training. With a good attitude and
training (take the American Bonanza Society and Air Safety Pilot
Proficiency course) if you go that route. I'd bet there is something
similar for the Mooney.

Good Luck,

Roger

"Roger (K8RI)" wrote in message
...
On Wed, 29 Aug 2007 20:05:55 -0500, Bush
wrote:

That's the killer, I guy I know just picked up a really, really nice
V35 Bonanza for 50K since the owner was getting premium quotes of
14-18K. I ran my numbers though AOPA and came up with $930 per year,
hull and liability.

Mine runs about $1600 for 80 grand with Hull, liability, and medical.
However it takes 750 TT (up 50 since last year), 200 retract, 20 or 25
make and model, and an instrument rating (also new) for some one else
to fly it unless they are a named pilot. Adding a named pilot with
1800 TT with no (fender benders) and instrument rated, but only 20 in
retract was nearly $500

These premiums seem pretty low. What liability limits are we talking about?
Smooth or per injured party? 2 million liability with 100K per person might
be pretty inexpensive in a 4 passenger aircraft whereas 2 million smooth
might be pretty expensive in a 2 passenger aircraft. In the first case the
company is extending 400,000 in insurance and in the second extending
2,000,000 in insurance.
Howard