That's true of common types with parts available. Not types where the manufacturer and 3rd parties are dying.
Just throwing it out there, with interest rates low financing 80 percent of a new airplane that will do 70-80 percent of what my mission profile would be compared to a 182 that would take me to 90 percent and I have a feeling that repairs and maintenance would equal those monthly payments.
By the way, if you have been in a Skycatcher, you would not compare it to a 150.
Just throwing it out there, with interest rates low financing 80 percent of a new airplane that will do 70-80 percent of what my mission profile would be compared to a 182 that would take me to 90 percent and I have a feeling that repairs and maintenance would equal those monthly payments.
By the way, if you have been in a Skycatcher, you would not compare it to a 150.
By the way, if you have been in a Skycatcher, you would not compare it to a 150.
I've flown the Skycatcher. I'll take that 150 any day over it.
What would you do? Buy a used plane for $50,000 used and have repair expense, or buy a new Cessna 162 for $115,000 and not have to budget for ongoing repairs older planes have?
You cannot buy a new 162 for $115,000. The base price is now $149,900. (Go here and click on Specifications: http://www.cessna.com/single-engine/skycatcher/skycatcher-pricing.html#)
I had not checked actual price new, I had read reviews before they were released and it seemed the price point was going to be $109,000 to 119,000. I had seen used for $105,000. I would never buy brand new either. Especially an airplane, unless I win the lottery. Ha ha.
The only thing I buy new is my food.
IMHO, the only reason to buy a LS is because you need to fly light sport. No comparison to certificated airplanesl
The Glasair ii sportsman looks really nice! I have never, ever looked at home built until starting this thread. I had no idea they were that nice, fast economical. All my time has been in a 172.
The purpose of the discussion was comparing the cost of an older plane plus ongoing maintenance to an almost new plane with cost of finance. The Skycatcher was just a throw in because I had recently seen me on the ramp and sat in it and it was a nice little plane. A lot more roomy than a 150 and for what my wife and I do it would work, 300-400 knot weekend trips with one fuel stop, not a big hurry to get there.
But as I build time I will get my IFR, want a faster plane, go to more places. Kids are out of college, retirement on track, home almost paid for, won't feel guilty about spending more for a plane in a few years.
But that Gasair II really looks nice! Wow!
How do I meet these guys who build and fly these planes, surely they would not mind some help building or a pilot flying in the right seat when they go someplace that would normally be alone.