Thanks Ed,
Your post is actually where I came up with my estimate of 25-30k average per year since your annual hourly use is similar to mine (a little high, based on your numbers, but I'm trying to be conservative)! I've poured through the forums and your post was the easiest logic for me to follow and the most comprehensive regarding ownership/operating costs.
I agree with your admonishment of leaving a plane parked outside, but unfortunately, my limited airport options here don't offer hangar space. Hopefully some good covers and tlc can make up for some of the weathering my eventual purchase will take.
Thank you again for this post. It's really helpful to us prospective buyers to see an unbiased accounting of a real-world, owners expenses.
|