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More plane ownership?



 
 
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Old February 2nd 04, 06:52 PM
Dave Covert
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Default More plane ownership?

This is something that has puzzled me for a while...

I (a private pilot) work in the pleasure marine industry and have noticed
that almost anyone who wants to own a boat does own a boat. Now, some boats
are indeed pretty cheap, but a $20,000 boat is fairly common (approx cost of
a 150?). Here in the Clear Lake area of Texas there are something like
10,000 boats sitting in marina slips with an average cost of something like
$30,000 each... many cost way, way more than that. A boat slip here on the
Texas coast will run you about $5/foot (which is cheap, I know) and
insurance for a $100,000 boat will run you maybe $2,000 a year. Most leave
their slips once or twice a year. Marine maintenance and gear is not cheap
either. That is a whole lot of expense for so little use.

That is 10,000 people, here in Houston alone, that never bothered to take a
class in boating, but that are willing to drop $30,000 on one, pay $150-$250
on slip rent and $100-$150 per month on insurance.

After so much effort learning to fly, why do pilots not do the same thing?
Whereas most boaters own a boat, most pilots do not own a plane.

Is it initial cost? Boats and planes cost about the same, so I don't think
that is it.

Is it storage? A boat slip can cost a bit less than a hanger, or a bit more,
but planes can use cheap tie-downs. Do people not buy planes because they
might have to tie it down outside?

Is it lack of use? Boaters have the same problem... when to use the boat in
their spare time. Why would they spring for the boat and a pilot with the
same time constraints not spring for the plane?

Is it insurance? Plane insurance is more costly than boat insurance, but
using a tie-down would make up for that.

Is it maintenance? Perhaps that is it... planes are required to undergo
expensive preventive maintenance where boats just get a tow back to shore
when something breaks. Is it really the fear of 'the annual' that causes
people not to fly?

Is it fear of flying? Do people learn to fly because they want the challenge
but secretly believe they are just asking to make their wife a widow every
time they fly? Do people not trust an airplane they could buy?

I truly want to know the reason for this and the only way I am going to find
out is to listen to more pilots.

So please, if you are a pilot, and you don't own a plane, please email me
with a candid explanation as to why you personally don't own one. I will
compile the 'data' and post it back to the group once I have some idea of
the answer.

Dave
74 Grumman AA5, N9560L
dave(a)thecoverts.com


 




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