Reasonable for a C172 share?
I am interested in a share for sale (if the group will have me!) in a Cessna 172 Skyhawk II.
From those of you involved in groups, do the following costs sound reasonable?
£3,000 share price for a 1/13th share
£30 per month fixed charge
£55 per hour wet.
The hourly charge is £5 less than I currently pay to rent a C150 and comparing this to local costs of renting a C172 (around £85-£100 seems typical) the prices seem very realistic.
I understand that the aircraft has around 1,000hrs TT and is an early 1980s model equipped with 4x intercom, VOR, ADF, Mode 2 transponder, full airways instrumentation etc. Having seen the outside of the 'plane (it was locked!) it seems immaculate.
I haven't met with the group yet and so have a few hundred questions still to ask them, but would be interested in opinions from fellow Ppruners with experience of groups.
Thanks!