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Thread: Average annual expenses?

  1. #1
    Member broncoformudv's Avatar
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    Default Average annual expenses?

    I have been thinking about getting a plane for years but have not done much research into it.

    Just trying to figure out what the approx annual expenses minus fuel are on a piper cub or cessna 180 type plane?

    Thanks,

    Rob

  2. #2
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    A low time pilot? Assume a $75K purchase price, average condition, and insurance? You'll need about $10K a year without starting it. If you want to add for maintenance costs allowed over a 20 year period, figure at least $50.00 per flight hour @100 hours-per-year (or $5K per year to feep it parked) to save up for re-covering, painting, engine and prop overhaul, etc. That budget is a little fat but you'll need a cylinder or two, and maybe a gear leg, some tires, etc along the way. Now add per-hour fuel and oil expenses, which are currently about $40.00 per flight hour in a Cub, or about $75.00 per hour in a 180. Some guys will tell you these numbers are high. I'm just telling you what my checkbook tells me. Sure, you can go a few years without insurance and with cheap annuals, but there's no free lunch. The numbers will catch up to you.

  3. #3
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    Default Grizzly 1

    Quote Originally Posted by Mr. Pid View Post
    A low time pilot? Assume a $75K purchase price, average condition, and insurance? You'll need about $10K a year without starting it. If you want to add for maintenance costs allowed over a 20 year period, figure at least $50.00 per flight hour @100 hours-per-year (or $5K per year to feep it parked) to save up for re-covering, painting, engine and prop overhaul, etc. That budget is a little fat but you'll need a cylinder or two, and maybe a gear leg, some tires, etc along the way. Now add per-hour fuel and oil expenses, which are currently about $40.00 per flight hour in a Cub, or about $75.00 per hour in a 180. Some guys will tell you these numbers are high. I'm just telling you what my checkbook tells me. Sure, you can go a few years without insurance and with cheap annuals, but there's no free lunch. The numbers will catch up to you.
    Mr. Pid -------------- you tell it like it is!

  4. #4
    Member broncoformudv's Avatar
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    Thanks for the information Mr. Pid, that is what I was looking for.

    Rob

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