Aircraft Owner Operating Costs?
Im currently hiring aircraft from various clubs and schools in the Midlands, UK, and am looking for cheaper ways of getting my hours to the requirement for the CPL.
There is a possibility of buying an aircraft (most likely a C172 or PA28), keeping it for a couple of years whilst I do my hour building and then flogging it when Im done with it. Ive never owned before and am looking for any guidance before taking the plunge.
What costs should I factor in on top of buying the a/c outright? Does anybody have a list of recent costs of ownership, say for the last couple of years, that would help to estimate what outlay I should plan for (and whether its actually cost-beneficial for me to buy instead of rent)?
Thanks!