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Dantilla Dantilla is online now
Non Compos Mentis
 
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,634
What does it cost to own an airplane?

All you've got.


Edit: I appreciate Mark knowing his actual costs. I've had a couple Bonanzas similar to Mark's and my bookkeeping system is simple-
Every receipt for the airplane goes in a file, and I never want to look in that file. Ever.
I have no idea what my hourly costs have been, but I love owning an airplane.
An advantage I've had is owning the hangar. I've been in the fortunate position that I was able to pay cash when a hangar became available, so I'm not paying monthly rent, and hangars hold their value, so I will get my money back when I sell.

There used to be a mechanic who is a Bonanza fanatic at my home airport. He treated my airplane like his own baby, and we worked well together to keep costs down.
When he left the airport (the County pretty much ran him off because a wealthy guy with a couple jets wanted his big hangar) maintenance turned into a big enough chore that I decided to go experimental, and perform my own maintenance.
I'm really enjoying the build process (most of the time).
Very different than working on cars. While working on cars, and also in my background in construction, things are typically muscled into position. The whole "Get a bigger hammer" method doesn't work when dealing with thin aluminum. Everything must be finessed, or it's damaged.
It also allows (requires) a whole new set of specialty tools.

Last edited by Dantilla; 10-18-2020 at 02:39 PM..
Old 10-18-2020, 11:25 AM
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