Owning more expensive than renting

"John Kunkel" wrote in message
news:Bo_wd.258475$HA.2022@attbi_s01...

"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? :-)

If it flies, floats or f**cks, you're better off renting. ;-)



I gave up hookers the cost of 1 hooker a month is 5 to 8 hours of flying I
would rather be flying

I gave up hookers the cost of 1 hooker a month is 5 to 8 hours of flying
I
would rather be flying


THis is more information about you than we all really wanted to know.

Why would anybody pay good money to watch somebody hit a golf ball in a left
turning arc?

Jim



I gave up hookers the cost of 1 hooker a month is 5 to 8 hours of flying
I
would rather be flying

Shhh...... Jon, you are not to post that statement anymore,,,, don't want
my wife to see it grin

'Sides, have to figure out how to stress how 'practical' owning my own plane
will be GRIN wink....

Someday... most definitely!!! :0)

--
--
=-----
Good Flights!

Cecil
PP-ASEL-IA
Student - CP-ASEL

Check out my personal flying adventures from my first flight to the
checkride AND the continuing adventures beyond!
Complete with pictures and text at: www.bayareapilot.com

"I fly because it releases my mind from the tyranny of petty things."
- Antoine de Saint-Exupery -

"We who fly, do so for the love of flying. We are alive in the air with
this miracle that lies in our hands and beneath our feet"
- Cecil Day Lewis -

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

Jon Kraus
PP-ASEL-IA
Student Mooney Owner

OK Cecil, I've got it... I won't post it any more... I wondering if my
first instructor had it right when he told me "flyings expensive. I've
found that putting the reciepts in a box and not looking at them works
for me". I think sometimes the old "head in the sand" thing probably
isn't a bad idea... :-)

Jon Kraus
PP-ASEL-IA
Student Mooney Owner

Cecil Chapman wrote:

Shhh...... Jon, you are not to post that statement anymore,,,, don't want
my wife to see it grin

'Sides, have to figure out how to stress how 'practical' owning my own plane
will be GRIN wink....

Someday... most definitely!!! :0)

In article ,
Jon Kraus wrote:
Well I have only been an airplane owner for a few months but so far
owning is more expensive than renting.

Absolutely. A big part of the savings for me would have been not flying
the trips I wanted to fly with a rental due to availability! Plus, with
no expectation of being able to go on multi-day trips I probably wouldn't
have gotten my instrument rating.

There's no way it will work out for you over a few months. I think I've
come close to breaking even vs theoretical renting over the last calendar
year. Of course if I follow through on my plans to install new side windows
and a 6-channel egt/cht + fuel flow instrument then I will be in the red
for sure!

--
Ben Jackson

http://www.ben.com/

Hey, ya gotta have some bells and whistles too. I've found that I really
like our engine analzer. You will to.

Jon Kraus
PP-ASEL-IA
Student Mooney Owner

Ben Jackson wrote:

In article ,
Jon Kraus wrote:

Well I have only been an airplane owner for a few months but so far
owning is more expensive than renting.


Absolutely. A big part of the savings for me would have been not flying
the trips I wanted to fly with a rental due to availability! Plus, with
no expectation of being able to go on multi-day trips I probably wouldn't
have gotten my instrument rating.

There's no way it will work out for you over a few months. I think I've
come close to breaking even vs theoretical renting over the last calendar
year. Of course if I follow through on my plans to install new side windows
and a 6-channel egt/cht + fuel flow instrument then I will be in the red
for sure!

"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? :-)

Of course it is more expensive. You now have to pay for a whole airplane
instead of just a tiny part of it.

"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


Rent an airplane and fly to a remote place for a week and see how much it
costs? Owning is well worth it if you fly long distances and are away with
the airplane for days or week at a time. I have added it up and I have
already broke even with my airplane compared to renting because ill go
someplace stay for a few days and there are min daily rental fees at most
fbo's around here if you plan on having the aircraft away for a few days.

ok, i have re-read this whole thread and i can't see where anyone is
baking-in the value of the asset gained in the buy/rent discussions.
i'm not too far from buying my first (and probably last, i'm gettin
close to 60 years old and already retired) plane and the kinds of
planes i'm looking at quit depreciating a long time ago. yes, you've
got engine time and a list of different types of expenses that would
drive an enron accountant crazy but, end of the day, you do have an
asset. in my brief experience, it looks like the little planes are
holding value and may be appreciating some. not enough to offset
engine use-cost but some. meanwhile, someone here pointed me at the
c-140 and those are looking mighty interesting. 140A especially but
maybe a 152 would be smarter.this is fun to wory about anyway.

dan