emteeoh Posted March 23, 2008 Share Posted March 23, 2008 I've been thinking about how much it costs to own and operate a plane. I was hoping I could get some feedback on what I think it is, so far. - I'm running on the assumption I fly about 100 hours a year. - I've read that a good rule of thumb is that every hour in the air costs about 15 dollars in maintenance. - going by a recent ad for hangar space at CYKF, hangars cost 600/month - I was told insurance will cost 6000 a year. (however, I've seen ~1000 in the forums here. I dunno if that's CDN vs US, or too much hull insurance...) - Fuel burn is about 10 gallons per hour - fuel costs aboout $4.50/gallon So in total, that's 7200 for hangar, 1500 for maintenance, 4500 in fuel, and 6000 for insurance, or 19,200 per year. Does that sound about right? Am I forgetting anything? Quote Link to comment Share on other sites More sharing options...
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