Quote:
Originally Posted by SpyderMike
Those costs seem high. I bought a new Cirrus SR22 GTS ten years ago and I have been running a lot less than that yearly for similar usage.
As a builder of a homebuilder and having looked at RVs over the years...that is a good choice.
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I went back and looked at my cost and it is closer to actually being 15 -18k to operate. My plane being older I spent a lot on upgrades over the years that I didn't have to have, but wanted. I had shoulder harnesses, engine monitor, fuel flow gauge, auto pilot, and a few other things installed that a newer plane would probably already have. So hopefully going forward my cost will come down some.
Last year I only spent about 12k, but only flew 76 hours. But I dinged the elevator backing it into the hangar and I was down for a month. The insurance paid 6,000 for my accident.