Michael Hall
Filing Flight Plan
- Joined
- Jul 30, 2018
- Messages
- 5
- Display Name
Display name:
Montea6b
Greetings, new member here. Not sure which forum is best for this, but contemplating aircraft ownership and was looking for some inputs on associated maintenance costs I should budget for. I can figure out financing, gas, insurance, and rough cost of annuals, what I am not so sure of is other stuff. Like oil changes, 100 hour inspection, etc.
Of course there is the unanticipated cost of stuff breaking, but what else might I plan for from the preventative side that I may not have considered? Magneto inspection every 500 hours, right? And what might this run?
FYI, considering a four seat, four cylinder, fixed gear, fixed prop to keep it simple. Something probably vintage mid 70s in the $20-50K range with <1500 SMOH. Cherokee, Grumman American, maybe Cessna, although leaning towards a low wing.
A little more about me for the curious, I’m a retired Navy pilot with ATP and MEL, but no SEL. (took checkride while I was active duty and not current in any SE aircraft) I had been out of flying for 12 years until this summer when I started back in a quest to get current again and accept a part time commercial gig that requires SEL. Renting is killing me, but I need to keep flying to get ready for a commercial SEL check ride.
Other reasons to buy: My wife had to give up finishing her PPL when I retired and we moved away from the base flying club, and I have a nephew entering a university flight program this Fall who could probably benefit from a generous uncle to build time next summer. So, buying a plane makes perfect sense, right?! (if you agree can I send you my wife’s email so you can convince her? Despite wanting to fly she remains skeptical of the idea…)
Thanks!
Of course there is the unanticipated cost of stuff breaking, but what else might I plan for from the preventative side that I may not have considered? Magneto inspection every 500 hours, right? And what might this run?
FYI, considering a four seat, four cylinder, fixed gear, fixed prop to keep it simple. Something probably vintage mid 70s in the $20-50K range with <1500 SMOH. Cherokee, Grumman American, maybe Cessna, although leaning towards a low wing.
A little more about me for the curious, I’m a retired Navy pilot with ATP and MEL, but no SEL. (took checkride while I was active duty and not current in any SE aircraft) I had been out of flying for 12 years until this summer when I started back in a quest to get current again and accept a part time commercial gig that requires SEL. Renting is killing me, but I need to keep flying to get ready for a commercial SEL check ride.
Other reasons to buy: My wife had to give up finishing her PPL when I retired and we moved away from the base flying club, and I have a nephew entering a university flight program this Fall who could probably benefit from a generous uncle to build time next summer. So, buying a plane makes perfect sense, right?! (if you agree can I send you my wife’s email so you can convince her? Despite wanting to fly she remains skeptical of the idea…)
Thanks!