Operating costs

Discussion in 'Flight Following' started by Ticket puncher, May 2, 2008.

  1. Ticket puncher

    Ticket puncher Filing Flight Plan

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    Wally
    Does anyone know if there is an online source for your average operating cost(per hour) data for various aircraft?? Got an urge to buy, but buying it one thing and being able to afford to fly it is another!
     
  2. dmccormack

    dmccormack Touchdown! Greaser!

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    AOPA Has a nice one: http://www.aopa.org/apps/iforms/opcosts/

    (Have to be a member, though!)
     
  3. poadeleted20

    poadeleted20 Deleted

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    I wrote a copyrighted paper on ownership costs of a simple 4-seater some time back. It was last updated 2005, so fuel costs may be a bit off, but you should be able to correct for that. If you send me an email (and only an email; no PM, IM, snail mail, carrier pigeon, or smoke signal), I'll send you a copy for your personal use.
     
  4. Baron 55

    Baron 55 Pre-takeoff checklist

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    Then, when you've read Ron's stuff and AOPA's info', it probably goes without saying that finding someone who's owned the make/model and picking his or her brain is invaluable. Or more than one someone. Add their info' to the mix. Also, and I have a buddy who is an A & P, so it is easy for me, but talking to a mechanic who's worked on the make/model can really be instructive. There can be issues with any plane, but these procedures will take you a long way toward minimizing nightmares.

    I realize you asked for per-hr. costs, but these things all have to be considered and budgeted for. I have known a number of owners who found themselves in a state of shock when faced with costs that experienced owners are accustomed to or have grown to expect. [I consider my Baron to be in good shape, if aged. Last week, in two hours of casual, local flying, both the turn coordinator and then later the DG went out, unrelated issues.]

    Another thing: I've owned several small planes, and on the first one, the broker I was using handed me a worksheet of expected hourly costs for the plane I wanted, which was a Cessna 172. He had a lot of info' on there, and after I'd owned the thing for a year, his numbers were so far off it was laughable. He didn't lie to me or anything, it was just that no one can tell you how much you'll spend on tires, lights, oil lines, baffles, any sort of thing. I had a partner in that plane, and we would often laugh loud and hard at the estimated costs the broker told us about at the beginning.
     
    Last edited: May 3, 2008
  5. dmccormack

    dmccormack Touchdown! Greaser!

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    Excellent points, and I would add to join the Owner's group for the make & model you're considering.

    The American Bonanza Society sets the pace in this department -- they cover more than Bonanza's now, but you will find decades of maintenance and repair info as well as good advice at clinics and various society events.
     
  6. Ticket puncher

    Ticket puncher Filing Flight Plan

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    All good info/advice. I had not thought about the various Owners associations. A good friend owns a beautiful and nicely equipped 1957 H35 I guess I'll pick his brains also.

    Thanks
     
  7. Thomas

    Thomas Pre-Flight

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    Check out the;
    www.shortwing.org
    Lots of info for the old piper shortwings, pretty tuff to find a better performer or cheaper operating expense.
     
  8. sba55

    sba55 En-Route

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    The AOPA planner seems pretty close to me. It doesn't take into account engine and prop overhaul reserves (nor reserves for avionics upgrades/work), though, and for a good reason.

    That's one of the best areas to save money. I know a Piper Arrow owner who just spent $30k+ on a reman engine and a new prop. He did all this because the engine was at TBO. Other than that, he had good compressions and the prop was within spec.

    Had he not done this, he could have been perfectly safe for probably years to come and his hourly costs would have been dramatically lower. Just something to keep in mind. There are ways to really lower owner/operating costs without giving up safety, dispatch reliability, etc.

    -Felix
     
  9. SkyHog

    SkyHog Touchdown! Greaser!

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    Everything Offends Me
    LOL! And now the source of the frustration is revealed.
     
  10. @ir_flyR

    @ir_flyR Guest

  11. steingar

    steingar Taxi to Parking

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    If you really have to ask, you can't afford it.