Well, after reading your replies to a few of my other posts I am starting to slow down and be a bit more rational about my purchase decision. I figure it will cost about $4k/year just to own this plane, and the flying I do will increase this number.
I was running the numbers yesterday and now I am not so sure I can comfortably afford a plane. The last time I did these calculations the interest rates were lower and the fuel prices were lower, insurance was lower, etc., you get the idea...
Anyways, I am sure many of you have owned for several years and have a good estimate of what the annual cost of ownership is. I know it depends on how many hours you fly, but maintenance, insurance, and loans are somewhat fixed cost.
What do you think this will cost me?
Thanks,
Tim
