Yetti Posted March 13, 2017 Report Posted March 13, 2017 3 years is the replacement life cycle on corporate computer equipment.... lots of technology could change. Quote
Browncbr1 Posted March 13, 2017 Report Posted March 13, 2017 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 Quote
RobertGary1 Posted March 13, 2017 Report Posted March 13, 2017 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 Quote
Browncbr1 Posted March 13, 2017 Report Posted March 13, 2017 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.. Quote
Brian Scranton Posted March 14, 2017 Report Posted March 14, 2017 Don't keep track of costs. You're a pilot—not an accountant. Nothing good comes from fiduciary diligence. 2 Quote
gsxrpilot Posted March 14, 2017 Report Posted March 14, 2017 3 years is the replacement life cycle on corporate computer equipment.... lots of technology could change. Yeah but FAA certification won't. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.