Here are my numbers justifying buying 150
I need to finish my private license and then build few hours so I can even be considered for some interesting partnerships - 75-100 hours.
My wife wants to get her private license - 75 hours.
So we are talking about at least 150 hours in the next 12 months, which is about 15K on rentals.
Owning:
Annual + minor repairs + tie down + taxes = $3K
Gas for 150 hours = $3K
Engine depreciation for 150 hours = $1K
Total owning for 1 year and 150 hours: 3 + 3 + 1 = 7
Summary: $15K for rentals and about $7K for owning in the next year. $8K benefit of getting my own. Does that make sense?
Last edited by Alexander_Uslontsev; 02/27/08 06:23 PM.
