re: Private Plane Owners

I had a 172 years ago. Tie down was about $70/month, annual was roughly $1,000. I bought it for $21,000. Make sure it still has good TBO, an overhaul can cost almost as much as a small Cessna.

If you're looking into something larger, might look into a fractional lease or ownership. Might cost you 12-15k a year if you have enough partners.