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#3
November 18th 03, 02:11 AM
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"markjen" wrote:
There are a lot of variables, but it usually works out that the "break even" point between owning and renting is around 150-200 hours/yr. For my 1972 Skyhawk, the break-even point has been around 90-100 hours/yr, counting the value of my own fairly unskilled labor as zero. That's with a pretty cheap hangar ($135/mo), reliable plane (unscheduled maintenance has usually been avionics), and cheap insurance ($700/yr). It does include an engine reserve. Beat-up 172's are renting for around $85/hr wet where I live. Jim Rosinski N3825Q 
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