----[Please read http://ercoupers.com/disclaimer.htm before following any
advice in this forum.]----


I also have hangar and insurance.

It costs me $2500/year to admit, humbly, that I own a plane. I suppose it
gives some status among my associates (respect or crazy, I don't know).

Flying costs about $8-$12/hour for fuel and oil. (I suppose I should
include
a budget for overhaul, but I don't.)

If I put the money in a logical account at the beginning of the year as
spent, I have to go fly often to get value out of my pre-paid recreational
account and bring the flying cost per hour down.

Ed Burkhead
N3802H, Ercoupe 415-D
Peoria, IL

-----Original Message-----
From: Fred Hensley [mailto:[EMAIL PROTECTED]
Sent: Wednesday, July 11, 2001 6:57 PM
To: [EMAIL PROTECTED]; [EMAIL PROTECTED]
Subject: [COUPERS] Cost of flying

----[Please read http://ercoupers.com/disclaimer.htm before following any
advice in this forum.]----


Has the group ever calculated the average cost of keeping their coupes in
the air.  These are my "first" figures.  Any comments????????

Fuel    5gal.X $1.50     7.50
Oil                       .50
Maint. (Annual)         10.00
Hourly engine reserve    7.00
Hourly prop reserve      1.00
    Total variable cost / Hour         $26.00

Average Speed  90
Average variable cost per hour          $0.29

Insurance /year              800.00
Tiedown  /year               450.00
Annual check ride            100.00
      Total Fixed cost / year         $1350.00
      Average hours flown / year 75
      Average fixed cost / hour  $18.00
      Total variable cost plus fixed cost /hour $44.00

Hope I didn't leave out any heavy expenses. This is bad enough on a
retirees
check...
Fred Hensley
N2689H
Punta Gorda, Fl (PGD)
_________________________________________________________________
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