OK, I've searched the archives, but I've not found exactly what I want to know - can anyone out there help?
What are the costs and requirements of owning one's own aeroplane (C172/PA28 or similar, 20yrs+). Please don't tell me its cheaper to hire, or group own - I know that
- but hiring isn't working and groups don't seem to exist here.
Forget about the purchase cost. From what I have gleaned, there are fixed costs:
- Hangarage/parking (are they mutually exclusive?)
- annual insurance
- annual check
- 50 hour check (assuming one manages at least that per year)
Variable costs:
- fuel,
- oil,
- landing charges
- maintenance (depending on what and how often things go wrong)
What am I missing? Can anyone put some ball-park figures to the fixed charges?
thanks
