muleywannabe
Pre-takeoff checklist
- Joined
- Dec 30, 2013
- Messages
- 331
- Location
- Independence, Kansas
- Display Name
Display name:
Cherokee235
I have read extensively about this subject. I have had several people tell me to buy, use it for training, get a ppl, ifr etc because its cheaper than renting and you can sell if you want when you are done and lose very little or break even. Does this make sense? Take a beechcraft musketeer for example (only example although i like these): $25k purchase price, payments roughly $250.00 a month.
Figure 60 hours to ppl @ $108.00 per hour (local price cessna 172) $6,480 to ppl. Fuel alone is $2,400 @ 60 hours. I know you have to reserve for repairs and so on plus i will definitely get my IFR as well. Just would like opinions and advice, the monthly payment does not bother me plus insurance, which i pay renters now and fuel is a given. Give me pros and cons please and thoughts. All new to me, several of my friends bought Cessna 152's, 172's and so on as a trainer and later sold them for bigger aircraft after trained. Thank you.
Figure 60 hours to ppl @ $108.00 per hour (local price cessna 172) $6,480 to ppl. Fuel alone is $2,400 @ 60 hours. I know you have to reserve for repairs and so on plus i will definitely get my IFR as well. Just would like opinions and advice, the monthly payment does not bother me plus insurance, which i pay renters now and fuel is a given. Give me pros and cons please and thoughts. All new to me, several of my friends bought Cessna 152's, 172's and so on as a trainer and later sold them for bigger aircraft after trained. Thank you.