“My Luscombe's faster than an MCR01 at the moment as they're all grounded by an AD (sorry Rod)”
I Hate you.
Answering the question I think you should have asked;
An MCR / P300 will cost (for 100 hours a year)
Price £40 – 50k
Insurance £1250
hangar (in east mids) £1000
Maintenance £250
Fuel £1600
You get 138kn and STOL
An AA5B (180hp) would cost;
Price £35 – 45k
Insurance £1700
hangar £1500
Maintenance £4500
Fuel £6000
You get 4 seats and IFR/Night at 120kn
A Jodel or similar
Price £12 – 16k
Insurance £600
hangar £1000
Maintenance £1250
Fuel £2000
You get 85kn and STOL
Obviously an infinite number of options but this gives you an idea.
Rod1