I fly in a group of six with an airways equipped FM immune 180hp Grumman AA5B Tiger.
With the fixed costs factored in* I pay about £75-80ph wet (obviously depends on utilisation), compared to £129.25ph + £12pm 'membership' ** to hire one from Cabair at my home field, Biggin Hill.
Add into that the convenience of being able to take the aircraft away for long periods of time, good availability, plus the fact that the aircraft is much nicer inside and does not get bashed around by students, it makes ownership an easy choice - the best move IMHO.
There's a share available at £8,500 if anyone's interested - e-mail me for more info (sorry for the blatant plug!)
cheers!
foggy.
*(£50ph wet, £120pm fixed, based on ~50 hours per year, hourly rate includes very generous engine and maintenance fund to help smooth out any surprises)
** this does not have any associated costs of Cabair's (and other clubs') currency requirements factored in.
Last edited by foghorn; 3rd Jul 2002 at 09:05.