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Old 29th Jun 2012, 13:16
  #17 (permalink)  
dont overfil
 
Join Date: Aug 2007
Location: 18nm NE grice 28ft up
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Hi Aerofoil1,

Been there, done it. I can't disagree with any of the posts here but they are being very kind.

£13000 is not a lot for a four seater but not impossible. There are people out there desparate to move on aircraft so there are bargains to be had.

Running costs are another thing altogether. An EASA/CofA or whatever you would probably need to get four seats will cost £5000 a year maintenence in a lucky year. That's what it cost our group this year for a five year old aircraft. Imagine what it costs for a 30 year old one. Plus insurance plus parking plus CAA fees.

10 years ago I owned a 25 year old Archer. I loved it. I had no parking charges but it cost me £10000 per year not including fuel or engine fund.

You also said day VFR only. It's amazing how quickly you may grow out of that point of view.

I am now a member of a group with a modern aircraft. It's like having your own at a fraction of the price (and worry). Availability has never been a problem and the tasks are shared.

Now for the arithmetic £6000 maint + £2000 ins + £1500 parking + fuel for 30hrs @ 8gph = £2300 total £11800 = £393 per hour for an old aeroplane!

Alternative is leave the family at home.

D.O.

Last edited by dont overfil; 29th Jun 2012 at 13:17.
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