Looking for your info on your airplane ownership experience

Ray Jr

Pre-takeoff checklist
Joined
Mar 13, 2019
Messages
110
Display Name

Display name:
Rayman
Hi Everyone,

I'm wondering if anyone would like to share any or all of the details listed below related to their airplane ownership experience.

I'm working on a new YouTube channel that focuses on the cost of owning specific aircraft. Something I found sadly lacking online while doing my own airplane buying research over the years.

I do a lot of research for these videos and average and combine all the various data sources I find into a short video.

If you are really keen, you can send me a photo of your plane and I may 'cartoonize' it for a video as well.

I'm looking for any/all the following information:

Aircraft details:
Type
Engine/TBO
Fuel Burn
Fuel Capacity


Costs:
Insurance
Annual
Overhaul
Estimate Maintenance outside of annual.

Thanks very much!

Here are a couple of videos I've already completed

Cherokee 180:


Kitfox S7:

(feedback on these welcome also, I'm just starting out)
 
For the costs, you need to add that of the tiedown or hangar.

Bought my airplane for $10,000, it costs me about $5000/year for a hangar.

Aircraft details:
Type: Bowers Fly Baby (Experimental Amateur-Built...I'm not the builder).
Engine/TBO: Continental C85-12. Not sure what the TBO is, but it's been 800 hours/30 years since the last overhaul.
Fuel Burn: 5 GPH
Fuel Capacity: 16 gallons

Costs:
Insurance: $300/year (liability only)
Annual: $300
Overhaul: Pay it when it's needed
Estimate Maintenance outside of annual: $200/year.

Ron Wanttaja
 
Thanks Ron!
That's great info. I love these planes. I would love to have an open cockpit plane some day. I've been following the new Ryan-ST replica pretty closely.
You're right about the hanger/tie down. I'm pretty well able to get that myself based on the size of the aircraft so haven't been asking folks for that.
 
You're right about the hanger/tie down. I'm pretty well able to get that myself based on the size of the aircraft so haven't been asking folks for that.
Yes, and it's not, strictly speaking, driven by the airplane being looked at. However, one may not want to opt for an outside tiedown for wood planes, and some folks want to avoid outside tiedowns with fabric airplanes. May want to indicate that in your videos.

It's a balancing act between convenience and cost. I pay roughly half the value of my airplane in hangar rent each year, but it's just seven minutes from home. That convenience is worth it, for me.

This information is dated (15 years old), but it shows how hangar and tiedown rates can vary with the proximity to major urban areas.
hangar and tiedown map low res.jpg
Ron Wanttaja
 
1968 Beech Baron D55
Continental IO-550C, 1700 hour TBO
Typical cruise burn 22gph total LOP, 195kt in summer, 200kt in winter. Can go slower for cheaper but what would be the point? :D
Fuel capacity 136 gallons

Insurance $2200/yr on 130K hull value
Annual inspections $3,000 flat
Engine overhaul $41K/side, exchange (Western Skyways)
Squawks per year, for 100 hours, running about $7-$10,000.

I estimate "20 grand" for the first hour each year, then fuel afterwards. I haven't exceeded that budget yet.

Any details you might want are here https://msxpert.com/n18md/

Cool idea! And I hate youtube, but I might actually watch these. :)
 
I's a balancing act between convenience and cost.

IMO the cost of a hangar is somewhat offset by the increased opportunity for savings from owner maintenance and supervised repairs. A hangar provides a place to keep all your tools, supplies, parts, and equipment, and a secure place to work.
 
1968 Beech Baron D55
Continental IO-550C, 1700 hour TBO
Typical cruise burn 22gph total LOP, 195kt in summer, 200kt in winter. Can go slower for cheaper but what would be the point? :D
Fuel capacity 136 gallons

Insurance $2200/yr on 130K hull value
Annual inspections $3,000 flat
Engine overhaul $41K/side, exchange (Western Skyways)
Squawks per year, for 100 hours, running about $7-$10,000.

I estimate "20 grand" for the first hour each year, then fuel afterwards. I haven't exceeded that budget yet.

Any details you might want are here https://msxpert.com/n18md/

Cool idea! And I hate youtube, but I might actually watch these. :)

Thanks for the info! Baron is definitely on the short list for videos
 
IMO the cost of a hangar is somewhat offset by the increased opportunity for savings from owner maintenance and supervised repairs. A hangar provides a place to keep all your tools, supplies, parts, and equipment, and a secure place to work.

That's how i feel as well. Just need to remember that when shelling out the hanger rent
 
Aircraft details:
Type
Engine/TBO
Fuel Burn
Fuel Capacity


Costs:
Insurance
Annual
Overhaul
Estimate

Hatz CB-biplane, Lycoming O-290-D, dunno the TBO. 7 gph, holds 18 gallons. Insurance $1044 for liability and hull. Annual $650, overhaul I'll worry about when needed if I still own the plane. Shared hangar $215.

Maintenance costs have been minimal to date, couple hundred per year... oil changes, a new battery and oil pressure gauge, tailwheel tire, ELT battery. Because it's experimental, parts (except engine parts :() are cheap and I can work on it myself. Though I am looking at a potentially expensive engine issue...
 
Last edited:
C140A
O-200, 2000 hr TBO
6 gph, 24 gal capacity

annuals: a few grand
insurance: about a grand
tiedown for a year: about a grand. hangars are unobtainium, and even if they weren't, they're unaffordium.

non-annual mx has been expensive, but it's a pay-as-you-go flying restoration.
 
c180
o-520
11gph, 55 usable
insurance $2500/yr at $150k hull value
hangar: I bought it. Taxes and airport access fees $1500. I also store a truck, lots of personal stuff, all my tools (personal and business), and another airplane.
first couple years about $5k each year in parts, now 4 years later, about $500. Not much isn't already replaced!
Upgrades? like new seats, new panel, new paint, new bushwheels, new extended baggage, $30k
 
Aircraft details:
Type 1958 Cessna 182A (straight tail), named Sherbet
Engine/TBO Continental O-470, about 75 (yeah, it's a new engine!)
Fuel Burn Depends on flying conditions; I plan for 12.5 GPH, but haven't calibrated the new engine yet
Fuel Capacity 55 usable
Purchased in 2002 for $54,000 at 220 TBO


Costs:
Insurance $1200/year
Annual usually around $900, depending
Overhaul $34000 (last year, so more or less current)
Estimate Maintenance outside of annual. Variable, maybe averaging about $500/year if that (it's an old airplane)
Hangar $2100/year (I'm lucky)

Picture by Greg Wright
pic by Greg W cropped.jpg
 
Thanks so much everyone. This is fantastic.

And thanks for the picture to Judy. I will be sure to update this thread when I post a video using your data.
 
Hangar, maintenance :) Love the format of the videos, keep it up!
 
Pa28-181 Archer. 48 Gal usable, 10 GPH, 120ish kts, annual a couple of AMU's, tie-down 1 AMU, TBO 500, Insurance 1 AMU.
 
Aircraft details:
Type: 1981 Cessna 182R
Engine/TBO: Continental O-470-U/2200hr TBO
Fuel Burn: 13gph
Fuel Capacity: 92gal/88gal usable


Costs:
Insurance: $1803/$165k hull
Hangar: $1710/yr T-Hangar
Annual: ~$2-5k
Overhaul: ~$40k
Estimate Maintenance outside of annual: $600 in oil and oil filters + whatever else pops up. Usually not much.
IMG_5980.jpg
 
....

I'm looking for any/all the following information:

Aircraft details:
Type
Engine/TBO
Fuel Burn
Fuel Capacity


Costs:
Insurance
Annual
Overhaul
Estimate Maintenance outside of annual.
...

Sonerai IIL (Exp.)
VW1835 aero-conversion (TBD) Its got over 500hrs and runs better than new.
3.2GPH Avg.
10 gal

~$600/yr liability only
$250~$500
~$4,000
~$1,000yr (oil/oil filter + consumables ~$280, the rest is things like tail wheel replacement, voltage regulator replacement, Magneto 500hr IRAN).

Hangar rent is $230/month for a bare bones uninsulated T-hangar w/1 20amp outlet.
 
Man you guys are doing good on insurance costs. What are your liability limits - you should really list liability limits and hull value, otherwise it’s pretty hard to compare. @schmookeeg $2200 to insure that Baron shocks me, would have guessed much higher.
 
Man you guys are doing good on insurance costs. What are your liability limits - you should really list liability limits and hull value, otherwise it’s pretty hard to compare. @schmookeeg $2200 to insure that Baron shocks me, would have guessed much higher.

typical 1MM/100k sublimit. I'd expect most folks are carrying that.

It helps that I'm fairly well qualified in the thing.
 
Thanks again for all the info everyone. I'll add this all to the Database. I'm hoping to finish up the TBM 850 video that I'm working on now shortly and then get started on the 55 Baron. We'll see where it goes from from there.

Cheers!
Baron 55.png
 
Hi Everyone, I just posted a new video on Baron 55. Thanks again for the info, stay tuned for more

 
Back
Top