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Old 04-04-2017, 01:55 PM   #21
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Join Date: Apr 2016
Location: Cumberland County
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Originally Posted by HawkeyeNFO View Post
Too late for second looks, because you already spent your money. If you don't like TN after you get there, you can move again anyways.
No. It's not too late. I can (and will) adjust if need be. Also we haven't spent any of the money. But you are right in suggesting that we can move if we don't like it in Tn. That's whats great about the U.S. We can live anywhere, no questions asked
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Old 04-04-2017, 02:01 PM   #22
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Join Date: Dec 2015
Location: Santa Paula
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Originally Posted by cbo111 View Post
Fragrep,
You seem to have a good handle on finances and a nice assortment of fun activities to occupy your time. The one thing that you might want to think about is the idea of owning an aircraft (or "moneypit" as we aircraft owners often call them). I owned a Vans RV7 for a number of years. Being an experimental aircraft, it was a little cheaper to maintain, but still drained over $15K from my wallet annually for maintenance, hangar, avgas, insurance, etc. If you really think you might fly more than 150 hours a year, it might be worth it. But most pvt pilots rarely fly anywhere near that in a year. So the plane spends most of its time sitting in the hangar. Maybe look at finding a partner or a good rental FBO.
Chuck
Absolutely! I rent because I spent as good deal less than $15K on a very active year for me. I flew about 71 hours, averaging 2 flights a month for a cost of less than $8K, and that is in Southern CA.
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Old 04-04-2017, 02:39 PM   #23
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Join Date: Dec 2007
Location: Eastern WV Panhandle
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Originally Posted by cbo111 View Post
Fragrep,
The one thing that you might want to think about is the idea of owning an aircraft (or "moneypit" as we aircraft owners often call them). I owned a Vans RV7 for a number of years. Being an experimental aircraft, it was a little cheaper to maintain, but still drained over $15K from my wallet annually for maintenance, hangar, avgas, insurance, etc. If you really think you might fly more than 150 hours a year, it might be worth it.
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Originally Posted by Fragrep View Post
Funny you mention all this. I've been thinking...This is something I am going to take under very careful consideration. THANK YOU!
Agree on this from another former airplane owner. My experience is from the mid 1970's (still have my Oskosh '76 T-shirt!) and I did fly ~300 hours in two the two years I had the Tri-Pacer but I was out at the field any time the weather was decent. The biggest surprise to me was the cost of insurance, at the time a "ballpark number" was 10% of the airplane's value per year for hull & liability, and of course now an engine overhaul if needed is almost certain to be five figures. I was single at the time so could do it, but it took every spare nickel I had.

There must be forums out there for light aircraft owners and that might be a good place to look for actual costs of ownership.
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