Joe Williams
Shooter
- Jun 26, 2008
- 10,431
- 38
theres no way is hell youd get a plane thats worth a damn for less than the price of a pickup...maybe like a 62 cessna thats slow but the 182 full glass that i fly is 349 thousand dollars new. not quite as cheap as a pickup...not to mention thats only a 4 seater...you could get a 78 bonanza 6 seater for a hundred grand. my dads friend had one
Brand new pickup trucks are easily $35K-$50K nowadays. It would be hard to find a decent six seater for that, but you can get four seaters for that. The right '62 Skylane would be a perfectly good plane, and the new ones aren't any faster! I do have some time in a '59 182, and loved every minute of it!
You can also get four seat Mooneys (if you don't like elbow room) and Bo's for $50K. Actually, a pretty fair selection of perfectly serviceable 4 seaters for that. And, unlike cars, you pay them off on 20-30 year loans if you don't happen to have $50K sitting around. Of course, once you buy it, you gotta support it! Hangar fees and annuals will run you $2500 a year at least, gotta have money set aside for engine overhauls, fuel, unscheduled mx, etc. $15K a year to own and fly your own at a minimum. Of course, if 105 knots (120 mph) is good enough for you, that same $50K buys you a much nicer plane, and $10K a year is a good figure for many owners.