Club Homepage Forums Classified Ads Buy & Sell - Everything But Airplanes Whar are the first month expenses of new plane

I am trying to figure out the first month payments I will be facing when I find the plane I want to buy.. The plane will be based in Sacramento CA. I’ll probably need to finance some of the purchase price

Here is what I figure is my out of pocket expenses the first month:

Down payment (depends on the loan requirements)
Sales Tax (California)
Prebuy inspection cost
Cost to get it home
1st month tie down
Insurance payment
Personal Property tax,

Does anyone in California know when the Personal Property tax payment is due and what the percentage rate is? Or do I wait for a bill.

Am I missing any other cost?

Thank you

Chris Tracy

fuel
state registration
FAA registration

The county sent me the PPT form and then the bill not long after the sale. They will find you, so don't worry about that. They give you a couple months to pay it, if I remember correctly. 827 was around $200.00.
The state did the same thing for the sales tax.

Chris,

If they don't come with the plane, then...(I needed ALL this stuff)

1. Tie-down ropes for ramp, or chains (yes, some places use chains) and stakes if you are on turf.

2. Cockpit cover

3. Intake covers

4. Chalks

5. Tow-bar

6. Anti-gust devices

7. Pitot-tube cover

8. Fuel strainer

9. Fuel dipstick (get this from our club)

10. All cleaning supplies, as you'll no doubt want to wash and wax it the first week

This is all stuff I had to buy when I brought AJ home from Wisconsin to Florida back in 1998. Don't let this little stuff stop you! You will really enjoy your own 150! Best of luck. MM

Uh....you really need a small digital camera so you can post pictures of your aerial adventures in your new steed!

Congratulations!

One of the Members - I forget who - wisely said in a previous post addressed to Joanne, ...Plan on spending 25% of the purchase price on things you want to change/or add to it within the first couple of months..." or words to that effect.

He was RIGHT! I am almost up to that 25% amount now, and I have only had the plane (a 1975 Commuter) for 50 days!

It's fun, though, and you will enjoy putting improvements/ finishing touches on your plane.

So far, I have:

1.) Re-done the majority of the interior.

2.) Added big smoked plexiglass sun visors.

3.) Done a few peripheral minor powerplant mods suggested by my A&P - new high pressure oil hose, and a gas hose.

4.) Gotten a new rear window, and new carpet in the baggage area, only.

I have some other ideas, too, but I've about reached my spending limit for the pre-Xmas season - maybe next year.

The other guys have correctly answered all of your other questions.

Congrats and enjoy your new plane.