| |
Budget |
Average |
Luxury |
| |
|
|
|
| Aircraft cost |
$25000 |
$75000 |
$125000 |
| Monthly Payment @ 6.0% |
$179.11 |
$537.32 |
$895.54 |
| Tie-Down or Hangar per Month |
$75 |
$300 |
$440 |
| Insurance per Year Estimated |
$1,200 |
$1,500 |
$2,000 |
| Annual inspection |
$1,000 |
$1,200 |
$1,700 |
| Total Annual Cost |
$5,249 |
$12,748 |
$19,726 |
| |
|
|
|
| Fuel Burn per Hour |
8 |
10 |
12 |
| Fuel Cost per Gallon |
$5.19 |
$5.19 |
$5.19 |
| Fuel Cost per Hour |
$41.52 |
$51.90 |
$62.28 |
| Engine Overhaul Cost |
$ 20,000 |
$25,000 |
$35,000 |
| Engine Reserver per hour |
$8.33 |
$10.42 |
$14.58 |
| Prop Overhaul Cost |
$450.00 |
$450.00 |
$2,500.00 |
| Prop Reserve per Hour @ 2,000 TBO |
$0.19 |
$0.19 |
$1.04 |
| Oil Change Cost per Hour |
$1.50 |
$2.00 |
$3.00 |
| Maint Cost per Hour |
$10.00 |
$10.00 |
$15.00 |
| Avionics Per Hour |
$1.00 |
$2.00 |
$3.00 |
| Total Hourly Costs |
$62.54 |
$76.50 |
$98.91 |