Case sample, 1960 Cessna 310D, 3 years ownership, 122hrs flown.
So, here I sit with the box of papers I have left over, which includes every receipt on everything I spent, so before I throw it away, I thought I'd see what reality was.
Cost of purchase: $32,000
Cost of panel and a first round on the engines getting them in tune at Aviation classics, $44,854.38
Fuel receipts totaling $15,768.50
Insurance totals $3742
Annuals and other maint/upgrades/repairs totals $9,386.72
Hangar storage totaling $6000.
Total costs $111,751.60
Return at cycle end $70,000
Total cost of ownership cycle $41,751
Total cost per hour $342.23
So, here I sit with the box of papers I have left over, which includes every receipt on everything I spent, so before I throw it away, I thought I'd see what reality was.
Cost of purchase: $32,000
Cost of panel and a first round on the engines getting them in tune at Aviation classics, $44,854.38
Fuel receipts totaling $15,768.50
Insurance totals $3742
Annuals and other maint/upgrades/repairs totals $9,386.72
Hangar storage totaling $6000.
Total costs $111,751.60
Return at cycle end $70,000
Total cost of ownership cycle $41,751
Total cost per hour $342.23