[dmcummins]

First off I love my plane. I sold a 73t and a roller to help pay for it along with a ton of early parts. That was four years ago and we all know where early 911 prices have gone.

The great thing about the plane is that I can cruise around 175 mph and it's legal. And I can generally go in a strait line to my destination. I recently took some friends down to Key West for the day, a one hour flight makes that possible, it would be a 5 1/2 hour drive otherwise. Each way.

But on the way back I was informed that my transponder wasn't working, so it's in the shop today getting a new one installed. I was told 8 to 10 hours installation time at $95 per hour. Plus the cost of the transponder. I also have to think about meeting some new equipment requirements in 2020, that's probably going to cost me another 4 or 5 thousand.

It cost me about 20 to 25 thousand a year to own the plane and fly 100 hours. And this is if nothing breaks.

And the plane has probably dropped in value.