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#11
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Rent vs. Own
Time was...when you owned any of the three you at least know where they have been, but teh times they are a changin'
"John Kunkel" wrote in message ... "Frank" wrote in message . .. If it flies, floats, or ****s; it's always cheaper to rent than to buy |
#12
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Rent vs. Own
Gig 601XL Builder wrote:
Marco Leon wrote: "John Kunkel" wrote in message ... If it flies, floats, or ****s; it's always cheaper to rent than to buy Actually, with a total of two partners in my Warrior flying at 50 hour/year each, it works out to be cheaper to own than to rent. And not by a small amount either--about $30/hour cheaper. Marco The same would be true for boats and women as well. Women cost the same no matter how many guys are involved. G |
#13
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Rent vs. Own
I usually do this for my math class but haven't taught math for a while so lets see if I can do this from memory. Women cost you time and money, or in mathematical form: Woman = time * money But we know that time is money, so time = money Thus Woman = money * money Or Woman = money ^ 2 But we know that money is the root of all evil, so money = sqrt (evil) So Woman = sqrt (evil) ^2 Proving what we all know that Woman = evil Women cost the same no matter how many guys are involved. G |
#14
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Rent vs. Own
On Feb 12, 5:09*pm, Ross wrote:
But the one thing you cannot put a price on it being able to walk out to you airplane and fly it after a week of bad weather and there is no one in line in front of you. The plane is exactly as you left it and not the prior renter. The condition of the plane is known to you because you assisted the A&P/IA in its annual and any repairs that come along. I fly about 60 to 70 hours a year and I know I am paying more than renting. But I would not trade this for anything. As well as launching IFR with the family for a trip. How many rental planes out there would anyone here be comfortable going into the soup with? In Sacramento there is one place that rents a 2005 C-182T. That's about the only rentaly plane I would do anything more than a few approaches in if I didn't have my Mooney. Plus, you can get the plane you want. FBOs don't have any reason to buy anything other than 172's, 182's, etc. They want training planes. If you want an Aeronca, Swift, or truely high performance cross country plane, you need to purchase. -robert -Robert |
#15
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Rent vs. Own
On Feb 12, 12:01*pm, "Marco Leon"
wrote: "John Kunkel" wrote in message ... If it flies, floats, or ****s; it's always cheaper to rent than to buy Actually, with a total of two partners in my Warrior flying at 50 hour/year each, it works out to be cheaper to own than to rent. And not by a small amount either--about $30/hour cheaper. How long have you been in the partnership? After that first $10,000 annual things start to look different. -Robert |
#16
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Rent vs. Own
RST Engineering wrote:
I usually do this for my math class but haven't taught math for a while so lets see if I can do this from memory. Women cost you time and money, or in mathematical form: Woman = time * money Cute. You should market a "woman" calculator, ala an electronic e6b. |
#17
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Rent vs. Own
"Robert M. Gary" wrote in message
... On Feb 12, 12:01 pm, "Marco Leon" Actually, with a total of two partners in my Warrior flying at 50 hour/year each, it works out to be cheaper to own than to rent. And not by a small amount either--about $30/hour cheaper. How long have you been in the partnership? After that first $10,000 annual things start to look different. I was in the plane by myself in the beginning so I footed the $4K initial annual. I've been in the partnership for about six years. Marco |
#18
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Rent vs. Own
But the one thing you cannot put a price on it being able to walk out to you airplane and fly it after a week of bad weather and there is no one in line in front of you. The plane is exactly as you left it and not the prior renter. The condition of the plane is known to you because you assisted the A&P/IA in its annual and any repairs that come along. I fly about 60 to 70 hours a year and I know I am paying more than renting. But I would not trade this for anything. Another thing that is difficult to value is tossing the keys at the FBO person and saying "it's broke, give me another one" when the rental is not up to snuff. The rentals are inspected every 100 hours and whatever it costs to make it airworthy ain't your problem. The thing likely has fuel in it. And it probably just flew around a bit so it is likely to keep doing so when you get in it. As an owner, I would find it hard to start renting. Too old and too fussy. But the cost and aggravation is quite a bit higher as many have already stated. To some this is a wonderful mental and financial challenge. To others, it is a pain in the ass. After 14 years of ownership, I have gone from one end of the spectrum to the other. Good Luck, Mike |
#19
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Rent vs. Own
On Feb 13, 8:15 pm, Mike Spera wrote:
But the one thing you cannot put a price on it being able to walk out to you airplane and fly it after a week of bad weather and there is no one in line in front of you. The plane is exactly as you left it and not the prior renter. The condition of the plane is known to you because you assisted the A&P/IA in its annual and any repairs that come along. I fly about 60 to 70 hours a year and I know I am paying more than renting. But I would not trade this for anything. Another thing that is difficult to value is tossing the keys at the FBO person and saying "it's broke, give me another one" when the rental is not up to snuff. The rentals are inspected every 100 hours and whatever it costs to make it airworthy ain't your problem. The thing likely has fuel in it. And it probably just flew around a bit so it is likely to keep doing so when you get in it. As an owner, I would find it hard to start renting. Too old and too fussy. But the cost and aggravation is quite a bit higher as many have already stated. To some this is a wonderful mental and financial challenge. To others, it is a pain in the ass. After 14 years of ownership, I have gone from one end of the spectrum to the other. Good Luck, Mike Both Mike's and Robert's post show why, if you are fortunate to have a good club in your area, that's the way to go. My club has 3 152's, 2 172's, 2 Warriors, and (for Robert 2 Mooneys on the line. We have a maintanence program run by an A&P and volunteers under his supervision. You can pretty much control your costs by how much you fly in a given month -- the only fixed cost is dues. It really is the best compromise of both. |
#20
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Rent vs. Own
On Tue, 12 Feb 2008 15:01:43 -0500, Marco Leon wrote:
"John Kunkel" wrote in message ... If it flies, floats, or ****s; it's always cheaper to rent than to buy Actually, with a total of two partners in my Warrior flying at 50 hour/year each, it works out to be cheaper to own than to rent. And not by a small amount either--about $30/hour cheaper. Marco http://www.dauntless-soft.com/produc...ntingVSOwning/ -- Remove numbers for gmail and for God's sake it ain't "gee" either! |
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