Costs of Ownership

[scre80]

Here is my Texan cost.Texan with 100hp 912ULS

 

Flying 60 hours/year or 5 hours/month

 

Item Cost/hr

 

Fuel 15 litres/hour @ $ 1.55 $ 23.25

 

Hangar $/month $ 195.00 $ 39.00

 

Insurance 12 months $ 2,726.50 $ 45.44

 

Annual maintenance 12 months $ 497.11 $ 8.29

 

Oil change 50 hours $ 294.19 $ 5.88

 

Battery 5 years $ 200.00 $ 0.67

 

RAAus Rego 1 12 months $ 130.00 $ 2.17

 

Total $ 124.69

so post took your formatting out of sync and made it hard to read. I believe you are saying $124 hr?

 

 

[gareth lacey]

Roko 912 ul

 

 

[GAFA]

CASA are also making changes to freight only ops which should also stimulate GA a bit.

 

 

[pmccarthy]

so post took your formatting out of sync and made it hard to read. I believe you are saying $124 hr?

That is correct, before depreciation.

 

 

[pmccarthy]

Optimistically you could look at it the first hour you fly each year cost you $5,762.74 but each hour thereafter only costs $29.13The more you use your plane the less per hour depreciation costs.

This tells me suck it up for the first hour then rack up another hundred or two at $29.13 How cheap is that?

I tell anyone who asks (including family) that it only costs me $30 an hour to run.

 

 

[hjubm2]

GAFA: Can you provide a link or reference text name/number for these changes?

 

Thanks everyone for the replies, it's all a big help in molding the direction I choose to go, please keep all the info coming.

 

I saw the figure of $125+ a hour quoted further back in this thread, does anyone know how long a 100 hourly etc should take on a 172? I'm just looking for ballpark figures to use, nothing exact.

 

 

[GAFA]

Scenic flight changes;

 

http://www.casa.gov.au/scripts/nc.dll?WCMS:STANDARD::pc=PC_102368

 

 

[GAFA]

Domestic cargo-only ops in small aircraft changes;

 

http://www.casa.gov.au/scripts/nc.dll?WCMS:STANDARD::pc=PC_102190

 

 

[IBails]

It is $7481 per year by the table above. Those are direct costs only, I didn't include depreciation. Say that is $100,000 over 20 years, then $5,000 per year or $83.33 per hour. Which takes the total cost of running it to $208.03 per hour. Of course, depreciation hits harder in the early years, probably $20,000 as you fly it home from the importer.But the incremental cost, when you decide to fly on a particular day, is only fuel and the oil change which total $29.13 per hour. The rest happens whether or not you fly.

I have calculated these sort of figures as a non aircraft owner, notice no one has included Rubber replacements , and TBO for the engine as part of the running costs. My take is ownership cannot be based on economic rationale , hiring seems to work out cheaper. For me ownership is about when where and whatever.

 

 

[kasper]

That is correct, before depreciation.

Bit light for 'cost' but is close to standard expected cash payments - under $500 a year for maintenance is not going to keep a 912 running even with the oil changes separated out so you are going to get irregular cash costs popping up that exceed your allowed costs.

I appreciate that for private flying (unless LSA) the 912 overhaul life is not an issue but even without limiting the engine life to 10-12 years if you have a factory built that is at all used for hire/reward the 912 engines has to run to schedule (subject to change depending on what Tech can get agreed for on condition running and overruling manufacturers yet retaining CAO compliance on actual entitlement to be an ultralight) and pricing in around $1,000-1500pa separate from the depreciation is required because the engine gets to end of life before your 20 year air-frame life.

 

 

[pylon500]

I guess owning a plane tends to give us this feeling;

 

 

But I don't know if this helps the cause.......

 

Yep, stole it from Uberhumor.com, don't know where they stole it from.......

 

 

[Soleair]

Engine burn, or replacement engine cost, is right up there as one of the highest elements, which all bar IBails have failed to factor in.

 

Bruce

 

 

[IanR]

What about when all 3 are at 90-100kg? I've not flown the type, but would have thought that would have been a push.

Only just came across this thread - however here are some weight numbers for various C172 we operate (or did)

C172P empty 684 MTOW 1089

 

C172S empty 768 MTOW 1157

 

C172R empty 759 MTOW 1113

 

C172S G1000 empty 801 MTOW 1157

 

As you can see from this sample the earlier models are better at carrying a load - later ones not so much. Very good with lighter PAX

 

 

[lprigan1]

There was a great write-up on the cost of owning in the recent Sport Pilot magazine (http://issuu.com/kasper15/stacks/a39d74df086f4a38ad3188a92fcca3f5).

 

In summary, for a $60k plane flying 75 hours a year, per hour cost (including the opportunity cost of investing funds elsewhere) is about $177 per hour. A Syndicate of 4 works out at about $88 per hour (for everything) and certainly seems the way to go!

 

 

[facthunter]

How hot (and high) it is where you operate affects a marginally powered plane like the later 172's. Nev