Mon Jan 24, 2022 10:43 am
#1895306
12k£/year +/-3k£ for 100h
BoeingBoy wrote:If hangaring at any reasonable sized field, insuring for hire (and bear in mind this will be much more expensive than personal figures) along with maintenance by a CAMO/CAO I would budget for at least £10k a year. Probably more when defect rectification is allowed for.
As mentioned, you will then have engine fund to consider if you wish to keep the aircraft long term but the real cost will be in having your aircraft trashed by renters who won't care about its upkeep. Expect the interior to be soiled by mud/oil/ballpoint pen etc. Also if not operating on a Hobbs meter, expect the engine to be run at full power more often.
If you intend to fly 12 hours a month (difficult in UK weather unless maxing out in the summer) I would look for a share rather than sole ownership.
Bill McCarthy wrote:It’s cheaper to stand in front of a fan tearing up tenners !
The Kissimmee Bum wrote:Shhhhhhhhhhhhhhhhh!
Wives may be reading this.
Ibra wrote:If you want 4 seats you will have to go certified...
JAFO wrote:Ibra wrote:If you want 4 seats you will have to go certified...
Why?
ROG wrote:Seriousl;y the only guys I know who own their own planes--dont hire them out--are millionaires.