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Here's how much it costs to buy and maintain a Cessna 172

Posted on 7/19/17 at 7:01 am
Posted by saintforlife
Member since Aug 2008
1044 posts
Posted on 7/19/17 at 7:01 am
LINK

Fixed costs: $3500/yr or $292/month
Variable costs: $4000/yr or $40/month (@100 flight hours per year)
Posted by geauxtigers87
Louisiana
Member since Mar 2011
27774 posts
Posted on 7/19/17 at 7:02 am to
Thanks?
Posted by saint tiger225
San Diego
Member since Jan 2011
49206 posts
Posted on 7/19/17 at 7:03 am to
Life changing info here.

Eta - you forgot to put how much it costs him to buy the actual plane. Which was right under $40k. Plus, fuel $30/hour, etc etc.

Your cost listed is basically bullshite compared to your title.
quote:

Here's how much it costs to buy and maintain a Cessna 172
This post was edited on 7/19/17 at 7:11 am
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 7/19/17 at 7:03 am to
Fuel, taxes, hanger, maintenance?
Posted by TypoKnig
Member since Aug 2011
8928 posts
Posted on 7/19/17 at 7:05 am to
When I saw the YouTube link, I was really hoping this was a Kige how to own an airplane video.
Posted by DuckManiak
Member since Nov 2011
3856 posts
Posted on 7/19/17 at 7:07 am to
This is the OT. We all own King Airs, baw.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138855 posts
Posted on 7/19/17 at 7:08 am to
That is not expensive....at all
Posted by No Colors
Sandbar
Member since Sep 2010
13784 posts
Posted on 7/19/17 at 7:11 am to
Insurance and hangar rent alone are more than $3500 per year under most circumstances
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 7/19/17 at 7:13 am to
Well some of us do and it is a shite load more expensive than prices quoted above for the Cessna
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 7/19/17 at 7:14 am to
You must be an OT poor. I've got a G6
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
77713 posts
Posted on 7/19/17 at 7:18 am to
quote:

You must be an OT poor. I've got a G6


No, you don't. Frankly, I am surprised you didn't misspell "G6".
Posted by jflsufan
Baton Rouge, LA
Member since Mar 2013
5258 posts
Posted on 7/19/17 at 7:19 am to
My company has a Citation Ultra. The old saying is true. If it Flies, Floats, or fricks it's cheaper to rent it.
This post was edited on 7/19/17 at 7:20 am
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141200 posts
Posted on 7/19/17 at 7:23 am to
We have toyed with the idea of buying a small plane, but when I look at the costs for everything, it's just too expensive for the way we would use it.

I do have a neighbor who has an experimental ultralight, and he keeps it in his garage.
Posted by Womski
Squire Creek
Member since Aug 2011
2762 posts
Posted on 7/19/17 at 7:25 am to
You obviously know nothing about actually owning an airplane.

Costs are much higher than that.

Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 7/19/17 at 7:26 am to
His costs are lower than average - he clearly bought a very used airframe and he has a commercial rating so his insurance is lower than average.

This review might be more relevant to most posters on this board.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 7/19/17 at 7:29 am to
I have a client that leases his plane back to a flight school.

he says he gets positive cash flow on it. probably includes a depreciation cost element on that but I have no reason to not believe him.
Posted by BestBanker
Member since Nov 2011
19724 posts
Posted on 7/19/17 at 7:30 am to
I'll take 3 please. Let's all get one and get out of the left lane!

And someone concerned about your use of the word buy: in the video the man explains that is an interest only loan payment. While technically correct that he does not own the plane because he hasn't paid anything towards the principal of the loan, he may get to depreciate it and that can reduce his income taxes substantially. And he might write the interest off on the loan as well.
Posted by bountyhunter
North of Houston a bit
Member since Mar 2012
7193 posts
Posted on 7/19/17 at 7:39 am to
A bunch of green pilots in my plane on the regular? No thanks.
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 7/19/17 at 8:04 am to
quote:

Here's how much it costs to buy and maintain a Cessna 172

Cessna 172: The airplane the fricking peasants buy when they think they have money

EDIT: I bet they fly it themselves, too. How vulgar.
This post was edited on 7/19/17 at 8:09 am
Posted by Jack Daniel
Gold member
Member since Feb 2013
29701 posts
Posted on 7/19/17 at 8:10 am to
You forgot to include funeral costs after it crashes.
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