I've been in a group owning a Jodel DR1050 since January 1990. There are currently six members. One has been a member longer than me - two have been members for over 15 years. I bought my share for £1600. I have occasionally had to put up cash over the years, and the total would now be £1600+£900. Shares are now £2200. That's less than 1/6 of insured value, and there's an engine fund as well. At £50 per month, and £60 per tach hour, it's excellent value for me.
Overall its less than £69 per tach hour for the 11 months so far. However it's grossly expensive for some members who hardly fly at all. Availability is excellent, and there's no restriction on taking it awayfor a week outside of winter - it's wood/fabtric and needs hangarage in bad weather. It's been to France - from Scotland.Cost includes hangarage at our base airfield. It's run on mogas, and as a Permit aircraft we do most of our maintenance.