Airplanes are sure expensive to own
 

My plane is currently in for its annual inspection. So far it's passed the compression test so that's good. But I have a few things I want done so I'm looking at 3k or more if nothing is found.

I've spent in the six figures the last three years owning the plane, it cost over $1000 per month if I don't fly it. This is not good for my retirement budget. I sure hope nothing is found, but I do want everything checked, safety first.

I remember when I thought Porshe parts were high. Now I worry about $40k engine overhauls and $20k radios.

I may have to rethink on buying a boat.

DM you sure are a devil for punishment. Liking Porsches, airplanes AND boats.

Nice problem to have... ;)

Don't forget about women, Bill....they're expensive too!

So DM:

If it has Fuchs....err....wheels, props, or boobs...it's gonna cost you $$$!:D

My fellow A&Ps and I gotta eat too!

Sent from my ADR6425LVW using Tapatalk

flies, floats, or fu....has intercorse

I'll fly it for you if you don't want to be paying $1,000 a month to have it sit there...

What kind? Can't be a run of the mill C172 or Cherokee...

I said no to inheriting my grandfather's V35 Bonanza for exactly that reason. I don't have $12k per year just to look at an airplane collecting dust in a hangar. Still one of the hardest decisions that I've had to make, that airplane has huge sentimental value to me.

He's got a Bonanza iirc... Nice bird!

Next year send me the log books, a current photo of your plane and $250 Poof and you are good for another year. Also if you need a B.F.R. or a flight physical, enclose a current picture of your self and another $100. Cash only....I have been burnt on bad checks.

It's gotta be a Bonanza at least to hoover out a wallet like that...

I've moved to Florida and my hangar rent went from $125 to $320. The annual is around $2000 just for the inspection. I have a few other things being done that will cost another $2000 to $3000. And that is if nothing is found.

I'm flying around 100 - 150hrs a year, I budget $24k. Like cars the problem is I keep wanting to add things that I don't have to have, I just want them.

To make matters worse I'm closing on the new house at the end of the month and the wife is already buying furniture. I hope she can find a part time job.

Maybe a plan. I just passed my physical and BFR so I'm still good for a couple of years. Maybe next year for the annual.

There is a local guy that charges $300 for a annual. I think he actually stops by the hangar and kicks the tires. No pics needed.

Actually My 170B goes on the rack on next Monday. Bust Out Another Thousand

Sometimes I think something like an old champ may be the way to go. Or a home built or experimental. Just get away from the certified planes.

RV 7, Baby!
 

(Not mine - but I've flown in one like this!)

http://forums.pelicanparts.com/uploa...1403043202.jpg

How much would it cost to maintain a Piper Cub if one were given to me?

We fly our 206 about 500 to 550 hours per year. Yea, airplanes are crazy expensive, even for a airplane the company bought in 1969 for just $17,500.

The plane is the cheap part of your setup isn't it?

Yes P4L, the "cost" of the plane is usually the ticket to get into the door of really big expenses! I'm getting ready to buy a Kitfox (120k brand new out the door) for the reason I got into flying in the first place, to have fun. After owning (or their owning me) an new T206H and a Maule M7-260C, I decided to go the LSA route. No medicals and fuel burn @ 5gph. Yeah, it's slow BUT cheap and fun.