Re: Least Expensive Plane To Buy and Own

Robert M. Gary wrote:

What Robert says it true. Any financial planner will tell you the same
thing. Goes for boats, RVs, etc; renting is better.

Having said that, it sure is nice to go to your hangar and pull our your
plane when all the rentals are out until nightfall.

I think you are being unrealistic - this is an expensive hobby,
unfortunately. Even the LSAs were supposed to be inexpensive. The Legion
Cub is $100,000.


Totally, that is why I own my Mooney. I could probably rent a Baron
for the cost of owning the Mooney. However, I love going out to the
airport and launching into the fog without having to worry about the
condition of the instrumentation, etc. There are lots of great reasons
for owning a plane, but financial is not one of them.


True. I scrimp on other things so I can keep my plane. No fancy
cars, boats or jet set lifestyles. On the other hand traveling
is a pleasure in your own plane... no long lines at the airport,
luggage getting lost or stuff stolen out of it, or idiotic
regulations about what you can't carry with you, etc. etc. We can
go when we want and more often than not land at a place that
is closer to our ultimate destination. To me its worth it.

.

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