cost of ownership

if I have extra money I put it in my money market account or stocks, disposable
income is just that - I can do as I want with it.

NW_PILOT wrote:

disposable income? bill gates don't even have disposable income why don't
you try "extra money to spend" instead of disposable income.

"Jeff" wrote in message
...
If your needing to justify owning, then you may as well continue renting,
I own
not because I fly xxx hours a year or because owning is cheaper then
renting, I
own because I like to come back to my airplane the way I left it, I own
because
I can get up at any hour of the day and night and go anywhere I want, I
own
because I hate rental junk, I own because there is something special about
having your own personal airplane.

Airplanes are expensive, its not something I would jump into if I didn't
have
the disposable income. make it easy and just use the basics to see if you
can
afford it
insurance 1000$ a year or higher
tiedown 45$ a month or higher
loan payment ???
annual inspection: figure 1000$ (could be allot more)
fuel

if you can pull off the above without having any financial problems then
you
should be ok. if you have to figure it up on paper, then anything else
that
arises will sink you.



The Weiss Family wrote:

I know this has been asked a million times, but I have to ask just one
more
time.
I would love to know your real-world costs of ownership for your fixed
gear
single.
A 172, cherk 180, etc.
I'm trying to figure out how much renting I have to do before it becomes
plausible to own.
Any advice as to insurance, fixed and variable costs, etc.
Thanks

Adam