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Well Known Member
I'm daydreaming about buying an RV-12 SLSA. I've been checked out to rent one of the few that is available for rent, so the joys of owning one are easy to imagine. The costs owning one are a bit harder for me to figure.
I've done my homework and have estimates of what it will cost to buy the plane, insure it, park it, have it inspected each year, keep the GPS database updated, and buy fuel and oil.
What I can't estimate is what maintenance, repair and Service Bulletin compliance costs may be. I know that these costs can vary wildly as a result of factors and events beyond a plane owner's ability to control or forecast. But I can't guess whether those costs are likely to be in the neighborhood of, say, $5,000 or $25,000, over the first 5 years of the plane's life.
If I were to buy an RV-12, it's likely that I would attend the Rotax maintenance course and the Light Sport repair course. But I have my heart set on a brand new factory-built plane registered as an SLSA, so even after taking those courses, I will not be able to do all of my own maintenance and repairs.
Any insights into what I should reasonably guess those costs might be will be much appreciated.
Thanks,
Lon
I've done my homework and have estimates of what it will cost to buy the plane, insure it, park it, have it inspected each year, keep the GPS database updated, and buy fuel and oil.
What I can't estimate is what maintenance, repair and Service Bulletin compliance costs may be. I know that these costs can vary wildly as a result of factors and events beyond a plane owner's ability to control or forecast. But I can't guess whether those costs are likely to be in the neighborhood of, say, $5,000 or $25,000, over the first 5 years of the plane's life.
If I were to buy an RV-12, it's likely that I would attend the Rotax maintenance course and the Light Sport repair course. But I have my heart set on a brand new factory-built plane registered as an SLSA, so even after taking those courses, I will not be able to do all of my own maintenance and repairs.
Any insights into what I should reasonably guess those costs might be will be much appreciated.
Thanks,
Lon