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Posted: 9/29/2011 2:19:10 PM EST
i have not rented a plane since 2000 and went out to an airport in the midwest to check into getting single eng. current and was surprised at how expensive it has become-
145 to rent a few year old C-172 (it did have a full size garmin instruments) and 43 for the CFI-
now i understand why some of these new FO's are 100,000 in debt.

it seems cheaper to buy an old cessna and make some payments for a few months and just pay for gas and insurance if you want to get a private.
Link Posted: 9/29/2011 2:37:10 PM EST
Link Posted: 9/29/2011 2:53:55 PM EST
A friend of mine just bought a share in a Champ for 12k. He's going to build some hours then sell his share. I think it burns 3gph so he'll do ok on the deal I think.
Link Posted: 9/29/2011 4:36:54 PM EST
Originally Posted By captainpooby:
A friend of mine just bought a share in a Champ for 12k. He's going to build some hours then sell his share. I think it burns 3gph so he'll do ok on the deal I think.


That's what I'm considering. It's looking better all the time - if you're an AOPA member, they have a service that will link you with other people that want to form co-ownerships.

Link Posted: 9/29/2011 5:27:46 PM EST
Originally Posted By flyguync:
Originally Posted By captainpooby:
A friend of mine just bought a share in a Champ for 12k. He's going to build some hours then sell his share. I think it burns 3gph so he'll do ok on the deal I think.


That's what I'm considering. It's looking better all the time - if you're an AOPA member, they have a service that will link you with other people that want to form co-ownerships.



I would agree this is the way to go... I think the perfect situation is a share between 6ish in an IFR aircraft. Share the fixed costs, pay a little per hour toward maintenance and fuel up.

Any way you look at it thought, its expensive. I am looking at joining CAP to get a few free flight hours from time to time.
Link Posted: 9/29/2011 6:38:52 PM EST
Originally Posted By captainpooby:
I think it burns 3gph so he'll do ok on the deal I think.


4.5-5

But who's counting.
Link Posted: 9/29/2011 6:54:19 PM EST
Have I mentioned the Bonanza XTRA with tip tanks and garmin 500 for 100 per hour wet, that used to be reimbursed at 2.50 per gallon but is now reimbursed at 4.00 per gallon?
Link Posted: 9/30/2011 7:04:43 AM EST
Originally Posted By Pickle:
Have I mentioned the Bonanza XTRA with tip tanks and garmin 500 for 100 per hour wet, that used to be reimbursed at 2.50 per gallon but is now reimbursed at 4.00 per gallon?


And where might I find that?
Link Posted: 9/30/2011 1:58:21 PM EST
Originally Posted By CSM:
Originally Posted By Pickle:
Have I mentioned the Bonanza XTRA with tip tanks and garmin 500 for 100 per hour wet, that used to be reimbursed at 2.50 per gallon but is now reimbursed at 4.00 per gallon?


And where might I find that?


Link Posted: 9/30/2011 2:01:31 PM EST
Originally Posted By 900-DRIVER:

it seems cheaper to buy an old cessna and make some payments for a few months and just pay for gas and insurance if you want to get a private.


This is exactly what I did. Bought a '77 and made minimum payments on it. Then, sold it for $3k more than I gave for it

I got lucky with the sale, but if your serious and don't drag your feet, it really is a decent idea. And I am anti-debt.
Link Posted: 9/30/2011 2:25:34 PM EST
Used to rent 150s for 35.00 p/h wet. Add another 15 bucks and you got a CFI to ride with you.
Link Posted: 9/30/2011 3:57:30 PM EST
Originally Posted By stevelish:
Originally Posted By CSM:
Originally Posted By Pickle:
Have I mentioned the Bonanza XTRA with tip tanks and garmin 500 for 100 per hour wet, that used to be reimbursed at 2.50 per gallon but is now reimbursed at 4.00 per gallon?


And where might I find that?




KBEC.
Link Posted: 9/30/2011 4:52:44 PM EST
Used to rent 150s for 35.00 p/h wet. Add another 15 bucks and you got a CFI to ride with you.


Thats what I remember in the early 90s.
Link Posted: 10/1/2011 6:08:58 AM EST
Yeah, the local rental place here is now over $200/hr for C172s, but they are newer and glass panel.
Link Posted: 10/1/2011 6:13:59 AM EST
psa i know of a very nice 152 in NC thats a good deal if you im me i will pass info along
Link Posted: 10/1/2011 6:29:38 AM EST
Link Posted: 10/1/2011 6:56:59 AM EST
Originally Posted By war07eagle:
Originally Posted By flyguync:
Originally Posted By captainpooby:
A friend of mine just bought a share in a Champ for 12k. He's going to build some hours then sell his share. I think it burns 3gph so he'll do ok on the deal I think.


That's what I'm considering. It's looking better all the time - if you're an AOPA member, they have a service that will link you with other people that want to form co-ownerships.



I would agree this is the way to go... I think the perfect situation is a share between 6ish in an IFR aircraft. Share the fixed costs, pay a little per hour toward maintenance and fuel up.

Any way you look at it thought, its expensive. I am looking at joining CAP to get a few free flight hours from time to time.


+1

I owned a 150 and sold it because hangar rent and maintenance were getting pretty expensive. Add not having much time to fly to that and it isn't worth it. For a primary student, buying a 150/152 is a great idea if you get one that is well maintained and in good shape.

Now I own a share of a 172 and we fly it for $45 dry. The monthly fee is $90.00 which includes 1 hour of flying. I don't worry about the fixed cost or maintenance anymore.

Also check the bulletin boards at nearby airports and the classified section of local aviation newsletters. That is how we advertised when a couple shareholders left.
Link Posted: 10/1/2011 10:03:01 AM EST
Originally Posted By BlueMR2:
Yeah, the local rental place here is now over $200/hr for C172s, but they are newer and glass panel.


That is assrape.
Link Posted: 10/1/2011 10:15:48 AM EST
Originally Posted By Frank_The_Tank:
Originally Posted By BlueMR2:
Yeah, the local rental place here is now over $200/hr for C172s, but they are newer and glass panel.


That is assrape.


Link Posted: 10/1/2011 10:36:48 AM EST
Yeah, the local rental place here is now over $200/hr for C172s, but they are newer and glass panel.


I remember twin time was only $125, thats pretty painful on the 172.
Link Posted: 10/2/2011 1:15:38 PM EST
Originally Posted By RhinelandArms:
Used to rent 150s for 35.00 p/h wet. Add another 15 bucks and you got a CFI to ride with you.


Thats what I remember in the early 90s.


Same here, 1984. A 152 was $30 wet. 172 was $35. I made friends with the owner, so he would trade me washing them for an hour or so on the Hobbs. He laughed after I finished washing the 172 once, told me to take it up and dry it off.
Link Posted: 10/2/2011 4:29:24 PM EST
10 years ago, a 152 was $37/hr, a 172 50/hr, 182 went for 65/hr and a C-model Aztec was $125/hr, all prices were wet.

Them days, like 99-cent gas are LLOONNGG gone!
Link Posted: 10/2/2011 4:33:10 PM EST
If you wash my plane i will still give ya an hour, mayne 2.
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