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Posted

To the OP, my costs are as follows:

$2100 yr shade hangar 

$900 yr insurance @ $55k

$1300 yr annual (basic), next annual will be more because I will elect to rework the rigging and probably put new pucks in. 

Across almost 3 years of ownership, I have spent about $3k in unexpected maintenance.  During that same time frame, I spent about the same on expected maintenance.  (mostly magnetos)  I'm going to reevaluate engine reserve (unrealized cost) because lycoming just reduced prices a ton.. ;)  My guess is that some people will use that as rationale to buy more gizmos!  haha. 

The amount of money I have spent on elective upgrades dwarfs everything else.  I have reworked my panel, added autopilot with altitude hold and other gizmos.. I'm not including those amounts here because they were elective.  Most costs are elective.  I spent less than $4k on fuel last year and flew 120 hours.  

I think the overall difference between your 172 would be more dependent on what you WANT to do to your new mooney than what you would NEED to do..  my $0.02

Posted
12 minutes ago, Browncbr1 said:

Across almost 3 years of ownership, I have spent about $3k in unexpected maintenance.  During that same time frame, I spent about the same on expected maintenance.  (mostly magnetos)  I'm going to reevaluate engine reserve (unrealized cost) because lycoming just reduced prices a ton.. ;)  My guess is that some people will use that as rationale to buy more gizmos!  haha. 

Its just so hard to come up with numbers because it varies so much. I threw a rod a couple years ago. A fate far worse than an overhaul because I had no usable core. Before that, doing my own work etc my maintenance cost were less than my boat. But try to price an engine without a usable core, much, much more expensive than an overhaul and I only had 1000 hours since the engine was new from Lycoming (not reman, new).

 

-Robert

Posted

very true, which is why  I could only attest to what I have experienced thus far..   If mine comes up with an engine failure that results in an unusable core, I would be looking for a good used engine.. 

Posted
3 years is the replacement life cycle on corporate computer equipment....   lots of technology could change.

Yeah but FAA certification won't.

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