Ownership costs
Thread Starter
Joined: Dec 2003
Posts: 223
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From: SSE of smoki
Ownership costs
Hi,
can anyone shed some light on aicraft ownership costs. Not any specific type, but geared around single engined, preferably tailwheel. If possible a complete breakdown of what is required annually, thanks. Rgds.
can anyone shed some light on aicraft ownership costs. Not any specific type, but geared around single engined, preferably tailwheel. If possible a complete breakdown of what is required annually, thanks. Rgds.
Joined: Aug 2001
Posts: 2,414
Likes: 2
From: Europe
Depends where you are based and what aircraft it is.
Be more specific so that we can give some meaningful advice or alternatively have a look at:
The AOPA US site
They have a calculator to work it all out for you.
FD
Be more specific so that we can give some meaningful advice or alternatively have a look at:
The AOPA US site
They have a calculator to work it all out for you.
FD
Joined: May 2000
Posts: 712
Likes: 17
From: SE England
Breakdown for a small single seater near London:
Hangarage £3000 p.a.
Insurance £800 p.a.
Sundry admin and licence fees £200 p.a.
Annual costs about £4000 before flying the thing!
Fuel £8 p.h
VW Engine £1500 for about 1500 hours' useage ie £1 p.h.
Oil/Plugs and general maintenance £2 per hour
One owner flying 50 hours per year = £91 per hour
1/10th ownership flying 100 hours per year = £15 per hour
A realistic figure would be somewhere between these two.
Hangarage £3000 p.a.
Insurance £800 p.a.
Sundry admin and licence fees £200 p.a.
Annual costs about £4000 before flying the thing!
Fuel £8 p.h
VW Engine £1500 for about 1500 hours' useage ie £1 p.h.
Oil/Plugs and general maintenance £2 per hour
One owner flying 50 hours per year = £91 per hour
1/10th ownership flying 100 hours per year = £15 per hour
A realistic figure would be somewhere between these two.
Joined: Sep 2003
Posts: 1,198
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From: South Norfolk, England
OK how's this for real cheap flying ...
My VP2 cost £2500 ... err it did only fly for one season and the new fuselage I'm building will have cost near £1000 by the time it's finished. But if you ignor aircraft cost ... ie think of it as an investment as you can usually get back what you payed for a second hand one, then ...
Airstrip here on the farm I manage .... £25/mth
Hangar ... building myself from a farm shed we knocked down so £0 (just my time)
Fuel ... 4 galls/hour = £14.50 (bloody inflation
)
Insurance ..... what's that? ... I was quoted £800 which I might do when I get the new one up and running, but flying from your own farm strip it's not really needed.
Oil + engine fund = £5/hour
Permit renewal + inspection = £250/annum approx
So if you look at 50 hrs/year it comes out at £30/hr. As I share the aeroplane with a friend it's actually nearer £25 ... not too bad for lots of fun at your doorstep!
SS
My VP2 cost £2500 ... err it did only fly for one season and the new fuselage I'm building will have cost near £1000 by the time it's finished. But if you ignor aircraft cost ... ie think of it as an investment as you can usually get back what you payed for a second hand one, then ...
Airstrip here on the farm I manage .... £25/mth
Hangar ... building myself from a farm shed we knocked down so £0 (just my time)
Fuel ... 4 galls/hour = £14.50 (bloody inflation
)Insurance ..... what's that? ... I was quoted £800 which I might do when I get the new one up and running, but flying from your own farm strip it's not really needed.
Oil + engine fund = £5/hour
Permit renewal + inspection = £250/annum approx
So if you look at 50 hrs/year it comes out at £30/hr. As I share the aeroplane with a friend it's actually nearer £25 ... not too bad for lots of fun at your doorstep!
SS
Joined: Jun 2002
Posts: 1,795
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From: New South Wales
Super Cub 150
Hangarage £900 per year
Insurance £1480 per year
Maintenance about £1000 per year?
Fuel and oil about £30 per hour for 100 hours: £3000
Odds and sods another £1000?
£7500 or £75 per hour, no depreciation, no cost of capital, no engine fund. Expensive hobby.
As I always tell my wife, though, the more flying you do, the more money you save!
QDM
Hangarage £900 per year
Insurance £1480 per year
Maintenance about £1000 per year?
Fuel and oil about £30 per hour for 100 hours: £3000
Odds and sods another £1000?
£7500 or £75 per hour, no depreciation, no cost of capital, no engine fund. Expensive hobby.
As I always tell my wife, though, the more flying you do, the more money you save!
QDM
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There are two types of C120/C140 available in the UK.
Those imported and placed on the PFA Permit to Fly scheme and those that missed the deadline and are on Private Category C's of A from the CAA
If I were buying one I'd go for the the former if running costs are a major factor.
I'd also make sure it had a working heater that far North!
Sir George Cayley
Those imported and placed on the PFA Permit to Fly scheme and those that missed the deadline and are on Private Category C's of A from the CAA
If I were buying one I'd go for the the former if running costs are a major factor.
I'd also make sure it had a working heater that far North!
Sir George Cayley
Thread Starter
Joined: Dec 2003
Posts: 223
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From: SSE of smoki
Hi navigator, think i saw your ad last time i was in the club. It's a nice aicraft but i would prefer to try my hand with a taildragger. Will certainly keep it in mind tho. Thanks for the reply, see you around in ABZ sometime. Rgds.
