Steve Brown
Well Known Member
We've had our Rv9A for a year now, so we tallied the dollars to see what it really cost to fly this thing. Curious how this compares to what others are paying as well.
Expenses:
Repairs Total $68
Maintenance Total $1,391 (includes $500 for annual)
Fuel Total $3,787
Freight Total $270
Total GPS Flight hours 122
Expense per hour $45 + $10 for engine reserve
Unfortunately fixed costs overshadow expenses:
Subscriptions Total $615 (XM Weather)
Hanger/Tie down Total $5,170
Insurance Total $1,971 (going down to under $1400 now)
Fixed cost per hour $64
I also have some improvements, the purchase price, sales tax, etc., but I won't know how all that comes out till I sell the airplane
One angle: Total for last year was about $119 per hour.
This is not too bad, considering that it is always said that the cheapest way to fly it is rent. I couldn't come close to covering the same flying miles at that cost with a rental. First of all I'd get charged for Hobbs hours, so add 20%. Then it would be at least $200 per hour for an airplane of similar speed. So, renting would have cost me more than 2x for the same flying.
The way I like to look at it:
It costs me $55 per hour to go fly the airplane, which is pretty economical at 160Kts. So, I should do more flying to bring down that $119 total.
Expenses:
Repairs Total $68
Maintenance Total $1,391 (includes $500 for annual)
Fuel Total $3,787
Freight Total $270
Total GPS Flight hours 122
Expense per hour $45 + $10 for engine reserve
Unfortunately fixed costs overshadow expenses:
Subscriptions Total $615 (XM Weather)
Hanger/Tie down Total $5,170
Insurance Total $1,971 (going down to under $1400 now)
Fixed cost per hour $64
I also have some improvements, the purchase price, sales tax, etc., but I won't know how all that comes out till I sell the airplane
One angle: Total for last year was about $119 per hour.
This is not too bad, considering that it is always said that the cheapest way to fly it is rent. I couldn't come close to covering the same flying miles at that cost with a rental. First of all I'd get charged for Hobbs hours, so add 20%. Then it would be at least $200 per hour for an airplane of similar speed. So, renting would have cost me more than 2x for the same flying.
The way I like to look at it:
It costs me $55 per hour to go fly the airplane, which is pretty economical at 160Kts. So, I should do more flying to bring down that $119 total.