Join A Flying Club Or Buy My Own Airplane

[@shanecroughan]

My 2 cents - buy into a plane with 1 good partner, maybe 2 at most. I bought into way more plane than I could have ever imagined. I was looking at buying a plane cash, by myself, for around 20-30k. That would have gotten me a beat up piper with high hours. I saved my ass off. I ended up finding a partner that was selling 50% share in his beautiful Beechcraft Debonair. I now own a high performance, complex aircraft that cruises at 150 knots at 10 gph. A freaking Beechcraft!! Never thought I'd own that as my first plane in my wildest dreams. He's an awesome partner, and will be aging out in the next year or two cause he can't pass medical. You know.damn well I'm buying the other half of that plane lol. I bought a $70k plane for $23k. 😳 we alternate weeks, and if i want it on his week, I just call him to see if he's using it. We share 50% of the cost for everything. Buy all day.

[@flxsuki]

Where can i find something like this? Where is the right place to search? Im n SE Florida

[@shanecroughan]

@@flxsuki it was a craigslist ad that got forwarded to me by an awesome dude on a Piper forum. Some people don't believe in the power of manifestation, but part of the process is putting yourself out there. So join forums, ask other pilots about planes and deals, and something will come your way. The more you put your intentions out into the world, the higher the chance you'll get something back. Tell all the people you can what you want, what you're looking for, and start searching craigslist and Trade A Plane. Those are the best sites. Also set alerts for on those sites for what you want. I had alerts set up on craiglist, but for some reason the plane I got never showed up in my inquiries, so I got lucky that I had someone else see it on the forums , and then he sent me the link. I literally bought it the next day!

[@flxsuki]

@@shanecroughan well said thank you!

[@MrNightpwner]

@@flxsuki I know this is an old comment but did you ever find a flight partner? I'm also in the South FL, by Opa-Locka airport and considering co owning something. With that said have you seen the recent prices for Cessna 172s? over 100k online. It's crazy.

[@flxsuki]

@@MrNightpwner I have stopped flying for a little

[@kentvandevender9731]

The club I belonged to at one point in 2005 was 125 to join an 50/month. We had a 172 and Piper archer II which was 55/hr wet

[@Nolonge111]

Here in Albany NY there's a flying club called ADK in Saratoga. Check this bullshit.... They have 30 members, a waiting list to become a member, these assholes only have 2 airplanes and Members acquire an equity interest in the Club. Upon joining, each member is required to purchase capital in the Corporation in the amount of $3,500 for a share of the Club. Members pay monthly dues of $120.00 to cover Club fixed expenses, in which $40 is built-in for one hour of flying time. 😐

[@brandonb417]

I'm looking at jumping into the market. From what I can figure, the biggest thing is availability and flight hours. How last minute do you want to be with the plane? And how many hours do you plan on flying? Sure buying seems more expensive. But if you want to fly more than 6-8 hours a month,even the warrior would be $600-$800/mo. You can pick up warriors for much less than that, and the difference is your fuel/insurance (also not much on a small plane like that) and maintenance.

[@mrhook32]

Most pilots fly an hour or two at a time. Go up in the morning or evening for an hour or so. I have calculated it out sand if you fly more than 50 hrs a year it is advantages to own, less hrs a year rent. I never really look at the aircraft purchase cost as an expense because of the many planes I have owned I have always been able to sell for the same amount.

[@davidp8594]

You may have asked, but I didn’t here any mention of their maintenance program for club aircraft. Those are some older airframes and they may not all be available to fly on a regular basis.

[@mojogrip]

Right I did ask but to be honest I already knew the answer since I'm well versed in the flight school world. Things happen and there's really nothing you can do about it when the aircraft you booked is not available. An inconvenience to consider if I go this route.

[@toddb930]

Thanks for bringing us along Mike. It really helps to listen to your thoughts and read some of the discssions. Good luck with shopping around ;-)

[@r.gibson1080]

$325 first year is great. The club I was looking at wants $1200 for the first year.

[@Jose.Rosado]

Not really. Sky Bound is just a flight school that figured out a way to charge students a recurring fee even when they aren't flying and its the school's fault. I was training here (Kerwin Day is an awesome guy and instructor), but their two C172s were out of commission for 3+ months. They still charged us the monthly "club" fee. I had also prepaid $2K for training to get their discount. This was nonrefundable and I ended up asking my instructor to take me up in the school's Cirrus to burn through my account balance. It took several months of calls, emails and bad reviews to get them to stop charging my bank account the "club" fee.

[@cliffn22jx]

Belonged to a flying club for 25 years before buying my Glasair II RG. The big problem is scheduling. Whether the plane you want to fly is available when you want to fly. You have the plane scheduled and go out to fly. Only to find out the plane is in for it's 100 hour or unscheduled maintenance. OK fly another plane well just as soon as you check out in that aircraft. My flying club required 10 hours of transition training in each different model. If for some reason you haven't flown for 3 months. You'll need to fly with the club CFI to satisfying the club insurance. You can't wake up in the morning and say I'm going flying today unless you own an aircraft. The cost for the planes sounds like a wet price which is in the ballpark. If you fly a cross country trip you'll need your gas receipts to get reimbursed. Each flying club has there rules. That you may or may not agree with. My Flying club required a BFR every year. Took a two week trip and put 25 hobbs hours on an T182T. They required 2 hobbs hour per day. So I ended up paying for 28 hours. My Glasair is 30 knots faster and has half the fuel burn than the T182T. I figure the same trip with all the expenses is close to 75% cheaper in my Glasair. If you fly enough ownership is way better than a flying club. With a rental aircraft it may not be possible to get back in time due to bad weather. They might be unhappy but I'm sure they want the aircraft back safely. If aircraft are leased back to the club are the owners keeping there equipment up to date or just milking it for all it's worth. The flying pig of the fleet. Also rental aircraft are not respected and cherished by rental pilot's. Ownership and Rental have there good and bad issues. It's what right for you in your current situation. You'll be spending a chunk of money either way.

[@fishin4bogey]

What he said!!!!! I mulled this over when I bought my boat. Join a club, or just buy one outright. I decided to just buy one for the simple reason that when I wanted to use it, the boat was there. No hassling with boats not available, or only being able to go so far out in the ocean with the rental. If I wanted to cruise down to Miami...fill the tanks and go! Weekend in the Bahamas???? Grab the passports and swim trunks. I'm sure you already have, but if not check out Josh Flowers over at Aviation 101 on KZbin. He flies that 172 all over the place.

[@cdreid9999]

@@fishin4bogey He's great. But he's also from $$Money. If you check most of these guys are born into money... It's one of the biggest problems in aviation. If Cessna sold a million cubs a year.. theyd be the price of a camry and you could get them fixed cheaper than a camry (planes are simple compared to modern cars). Unless youre pulling in 100k Minimum a 172 is out of your range realistically.

[@ItsAllAboutGuitar]

I belong to two flying clubs. I find it great for now, but at some point I would like to buy my own plane. When I went to Vegas, I actually scheduled one in each club. Good thing I did, because one of them was crashed a few weeks before my trip and I was left with my backup. I find scheduling to be a bit annoying. I think that's the trade off though. I don't have the headaches of maintainence, GPS databases, insurance, hangar/tie down fees, etc... In return, it's tough to do spontaneous trips. And when I do plan them, stuff goes wrong.

[@backcountryexplorer552]

Thanks again for another informative video. I have thought that joining a club would be much more economical than buying. There are sooo many things to consider when buying like annuals, insurance, storage, maintenance, etc. The costs can add up quickly. With a club your expense is the annual membership fee which is nominal plus the flight time. Having the ability to keep the plane for 3 days (with this club) is a big plus! Fly to your weekend destination, park, enjoy yourself then fly back. The only time you pay is Hobbs time. Lovin' it already! Cheers.

[@roddsmith6432]

Bill Bayne Mr Bayne.. How much do your hobb time's add up to be, (cost per hour)...?

[@cdreid9999]

im thinking of a kitfox for this very reason. Basically youre looking at 10k a year average as best i can tell with even a 150 or cherokee . You can buy a used kitfox for about the same price or cheaper and configure it for anything from STOL to commuter and have Much lower costs. And fly it whenever you feel like it, trailer it and park it at home til you feel the urge again

[@skorpius752]

I don't like riding the village bicycle... I'm A&P certified and I think renting is a bad idea. You really do get what you pay for. Of course, I think flying around in a 50 year old plane with 30,000 hours by 20,000 different pilots is just an awful way to tempt the fates. So much can fly under the radar on inspection for years. I suggest you triple check that your seat is locked. Cessna seats have a habit of killing pilots... And don't forget that 50 year old engines rarely make their rated power and airframes gain weight. This can lead to some disastrous decisions because the FAA has given the impression you can take a simplified performance chart to the bank. You can't. Anyway, those who ride said "village bicycle" should not complain when they get herpes!

[@raymondkoonce5827]

I learned to hate renting years ago. I got into buying my own and have owned everything from Cessna 152s to Cessna 421s. Crunch the numbers and ownership is normally cheaper, especially if you fly at least 200 hours per year. I'm old now, but still own a small single place, open cockpit, single engine, low-wing all metal experimental that I keep in my garage.

[@grenawili3826]

Hey,Im looking into having an atl .. could you help me gain ppl as my instructor

[@thierrysf]

A guy who drives an old Mercedes 500 coupe cannot be bad.

[@All_Together_Now]

i was hoping to see it say s600, those things are amazing

[@Kolbra2004]

I flew an ultralight for 30 years. It had folding wings and I stored it at home. The grass strip was 6 miles away, so I trailered it and set it up and flew. Ten years ago, I bought the big brother of the ultralight and now fly it whenever I want, weather permitting. It's an experimental within the Light Sport category. The costs are minimal and it's the only way to fly, I think.

[@l.a.tobangkok4896]

Mike - Very good video! Trying to fly on a "limited budget" is one of the most difficult things for an aviation enthusiast to do. Back when I was getting my licenses [1998-2001], it was sooooo much cheaper than it is now. OMG!...A nice, late model C172..maybe $85-100 per hour....and that Twin Seneca would have been maybe $200 per hour [I think I am remembering these "ball-park" prices accurately, but I am not 100% certain]...but the prices now are definitely crazy elevated. I think I'll stick with my Yamaha Stryker....and soon Yamaha Raider for now...As much as I did love to fly...these big lean, mean, and fast bikes are just as much fun.

[@Jerry10939]

I belonged to a club when I was learning to fly, and after getting my private ticket. However, You are limited in the places and times you can fly, and you may get a plane that was flown hard by someone and it may have some problems you don't know of. It is a cheap way of flying but I think that I want to get my own plane, Since I learned in Cessnas, I may stick with them even though I have flown other types of aircraft. I wouldn't mind having a 172. it is a great plane and it can go almost anywhere, whether they are shot hops or long cross country flying. I just want the freedom to have a reliable plane at my disposal to go anytime I want.

[@skorpius752]

You can't really find a 172 these days that wasn't flown hard by someone. It is no longer the '70s and general aviation is suffocating under the weight of regulation. The FAA always prioritized economic stimulation over safety but now they can't even do half their dual mandate. A plane such as this tired old 1976 Skyhawk would have been selling for $10-12 grand about a decade ago but Millennials coming of age and being idiots has driven the price for a flying rats nest up several times. The irony is if they were cars, the same Millennials would turn up their nose. Can you picture many of them being eager to drive a 1976 Honda Civic with a million miles on the odometer? Because you have the aviation equivalent in every flying club. In the last decade, I chose to pay extra for lessons in a 10 year old 172 instead of taking lessons in the exact same 172 my dad trained in over 20 years earlier! Umm, no thanks, metal fatigue and whatnot... Go get some aerobatic training and, all of a sudden, that lovely 172 is going to feel like a mule with wings. The 172 is a great way to become a truly mediocre pilot.

[@disgruntledgames]

So if you want to take the plane for a long weekend getaway, do you still pay for the time the plane sits at your destination?

[@MatadorM9]

citizenchan I’m looking for the same answer. I hope they only charge for hours you actually fly.

[@twmcmahan]

@@MatadorM9 Typically the rent of the aircraft is based on hobbs time, which is essentially when the aircraft is running. Rental companies have minimums of flight time per day. For example if they have a 3 hour minimum and you're gone 3 days, you'll pay for 9 hours, even if you fly 5. Clubs often don't have minimums and you just pay for time the aircraft is in use.

[@JoseBertoSanchez]

Mojo why not look into the Kitfox or the Zenith STOL 750....or look at the Searey....they are LSA but they are amazing....

[@N1120A]

Definitely consider the Archer. Performance that is more like you are used to with the Diamond and she's right about the faster plane meaning the extra hourly cost is defrayed, especially since you mentioned your mission before being 200 nm or so.

[@marcocolombo2049]

We are all in the same situation... Thank you for the research it will be really helpful..

[@dg3513]

Buy your own plane. More freedom!

[@JasonEllisBuilds]

This =) (I might be biased..)

[@Keys879]

@@JasonEllisBuilds If you take care of your things, you get your money back in the end. Sometimes more.

[@marksill8020]

Also more responsibility. LOL

[@nunyabuizness2953]

I was considering building one from plans but was disappointed to learn that they have restrictions the mass produced planes don't have which is sad. Pretty much has me stuck with saving up and waiting for an affordable mass produced plane to come along.

[@brennenfitzgerald]

@@JasonEllisBuilds *build your own* There.... fixed it for ya Jason. Soon be making plane noises.

[@kevinfilbin7688]

I have yet to take my first lesson, but it makes sense to me to join a flying club, I don't need to spend hundreds of thousands of dollars on an airplane, maintenance, storage, insurance, etc. I just want to fly to south Florida for a week and fly to west Texas for 2 week rotation

[@cdreid9999]

Cessna 150 or Cherokee = $15 to 20k. Experimental/lsa = 10-20k. You can actually buy cheaper planes. Maintenance on non homebuilts is what eats you up

[@kevingormley4689]

Interesting video. I am looking at options and your video brought great value to me. Thank You!

[@flyingbrian8417]

Just my 2 cents. Club memberships or discount memberships from flight schools are not a true flying club and since they are a flight school availability of aircraft is very limeted. Most real flying clubs have a large buy in that you can sell when you leave. They also have monthly dues. But they also limit the number of members thus making the plane more available. Im in one that only has 8 members but only one plane. However there are only 2-3 that fly regularly

[@piper0428]

Before joining a club look at how many hrs. you will fly.

[@hookeatup6616]

Buy your own and sell some hours to subsidize if you want to offset your costs. I love having my own plane knowing it will be there when i want it. No questions about when to come back, hobbs worries or anything. Just gas and peace out. And if you're willing to get a 140-160 you can get something decent under 25k.

[@stevenhair6156]

Makes sense. have up every had employment being a pilot?

[@skorpius752]

Renting out an aircraft is illegal unless you comply with commercial operation rules. That means 100 hour inspections and engine overhaul times are no longer a suggestion. If you skimp on maintenance and someone dies, you could be looking at a 7 figure judgment.

[@brandond5209]

I currently rent and fly out of KLZU, PDK is closer to my home and I have been looking into Skybound.

[@sisenor4091]

Is not only buying, is also maintenance, inspections, licenses, insurance and storage.

[@fhuber7507]

Depends on expected hours of flying per month.

[@fehgr6863]

The flight club near me is a real nonprofit club, they make you a buy a resellable share of the planes for 5k and then you can rent any of their 4 aircraft (182’s and gruman tiger) for 30$ to 40$ an hour dry, 3+ day trips allowed. And you can sell your share for the 5k back when you want to leave. Seems like a great deal to me.

[@ilovetech8341]

Could you recommend me a place near Brooksville Florida? I want to fly to Cancun through the year to see my wife. Should I get my pilot license and rent a plane?

[@DavidBerquist334]

Is this at katl atlanta hart's feild

[@jeffersonegalite1093]

just a friendly criticism. next time let the people know you are recording. they might be happy to be in video that's free advertising.

[@steveconaway774]

I agree, not everyone wants to be one a KZbin video. Always nice to ask first.

[@spinnetti]

billable hours are hobbs Time or clock time?

[@mojogrip]

I believe you are billed on hobbs time

[@realisticthought1781]

I live in Dawsonville. Gonna train eventually in Gainesville

[@Sky_Burger88]

I'm at the point in my flying endeavor where am I about to start flight school but I'm having second thoughts because with $50 per hour for the instructor and $148 per hour for the Cessna 172 I'm looking at $200 per hour. I'm wondering if there are flight clubs that would also do flight instruction if I joined their club would I get a highly discounted rate on the aircraft? Is this all specific to the area in which a person lives?

[@youngsouljag08]

GS Wing Nut I don't see a flight club as much more of a discount you're still paying so much money to rent the plane which most flight schools charge around $125 an hour. You can do it privately with your own Cessna for about 20k you'd get ppl asking to fly your plane all the time

[@bladenrexroth2555]

Buy one out right and lease it to partners. Everybody time and date their hours in a log for the plane. Can pay monthly 4 ways. Brings the cost of maintenance, inspection and the hangar down.

[@bow3090]

What do you do for a living

[@jonthepilot6924]

I rent a 1968 Piper Arrow 180 for about $220 per hour. $165 is much more reasonable. I pay $480 a year to be a club member with a club in Chicago, which is also a bit high, but it gives me preferential treatment with scheduling compared to non-members and they charge me the tach-hour rate. The 172s that the club has are typically only rented in 3 hour blocks, since they're really used for training. If I just want to reset currency or take a short flight, I can rent one of those for about $120 per hour and they are newer 180 hp 172S models. I am on track to fly about 30 hours this year, since the weather has been lousy fairly often when I have time to fly. If I could fly for 100 hours or more per year, that would justify buying an airplane. I'm planning on getting my IFR ticket before even considering buying an airplane so that I can maximize the use of the airplane. Of course, that means paying for an IFR certified airplane, which can be costly.

[@6packjesus]

So are you only charged for the hours you fly it ? Or the hours you are holding it like if you go for a 2 day trip will you be charged 48 hours ? Thanks. New to this

[@mojogrip]

You get charged mainly on Hobbs time, when the aircraft is being operated

[@6packjesus]

@@mojogrip ahh ok that’s not bad then

[@clark7995]

How much flying do you plan on doing in a month, or even a year's time?

[@srammohansrammohan9551]

Pilot training eligible, age and Qualifications . please Information.

[@smokejblow66]

SL500 alright.....alright..... Do all pilots like to ride in style and or go fast?

[@brax2364]

I’ve pretty much always had the key in my pocket which goes a long way towards mitigating any gethomeitis. I don’t like sharing my plane.

[@marksill8020]

Get the multi enforcement, cuz. So, what did you decide?

[@brokenspokes6731]

Most flying clubs airplane rentals are based on hobbs time - wet. 25/month is normal monthly charges. Your club does come out as a good deal but WOW their rental fee is pretty high. I was a member of a club here in upstate NY and at the time rental fees where about 1/2 their rates but everything has gone up. I have not owned an airplane and your cost will be higher to own but the difference between owning and a club is worlds apart.

[@andrewkelly8028]

What is the weather like throughout the year? I’m looking to do some hour building

[@mojogrip]

Here in Georgia it's been quite muggy. Lots of rain and scattered thunderstorms. Waiting to see what fall and winter brings.

[@DannyCreech]

AT 2:16 in the video you walked by a sign that said American Air Flight Training. I use to work there as a Flight Instructor back in late 2000. Cool! The Downwind Restaurant you walked by at the same time has some good food too.

[@maxanthony8311]

Could you pls explain to me, when you rent a plane, do you pay for the time in the air or for the time when the plane is out of the airport?

[@reinhart482]

@@maxanthony8311 I think it’s the time on the airplanes internal clock. Renting for time spent away would be insane

[@qaishaidari4959]

hi how $ in by cessna 172t a year

[@DamoreaDavis]

Is that Augusta??

[@greenowl5579]

I am thinking of building a new Sling 4 TSI. Cost 50 per hour to fly.

[@Sky_Burger88]

How much does the hangar cost and is that $50 per hour include Insurance taxes and maintenance? And other fees inspections Etc?

[@phillipperobinson769]

Hello, I have really enjoyed watching your videos, your approach to flight and the enjoyment of it. I've just recently became interested in the Ercoupe and Aircoupe.

[@klmelj]

Mad KZbin stopped the inbox. Went to go reach out to you and it was gone :). What decision did you make? I am really thinking about buying a warrior II or 172 mid 70’s. I would love a 150/152 but wife is like no we have a family of 4(2 small kids). I might rent for the first year or two and then buy. I also was looking at that same club...

[@PosiP]

On my way a 2pm to do the check out with them. I also fly with Lanier. You should check them out under the downwind.

[@PosiP]

When yesterday and got a checkout. Very nice people here. I use Foreflight and Cloudahoy, do you? www.cloudahoy.com/debrief/?key=muT0p7Nh9yWKtErM6I

[@roddsmith6432]

How is it going Mike..I suggest you should look into buying a "share" of a plane.. I have did the numbers and I think buying a share of a plane is more economical... Warren Buffet got rid of his Lear jet because he said he could not afford it... It's funny but true..He said he only flyies about 200hrs a year.. And he could not justify the business sense of a salary and training for to 2 Pilot's.. along with the maintenance cost and Hangar fees... I have calculated and also talked to Pilot's that own planes... With the insurance annual inspection and Hangar fees (if you keep the plane inside which is highly recommended), you are going to spend $6K to $7, 000 a year if the plane just sits in a hanger without one minute of flight time.. Once you start flying you calculate your fuel and wear and tear and you're looking at $55 to $70 for every hour you fly... In my own unprofessional opinion it seems more feasible to find out where you can get the most flying for that $6K to $7K a year threshold... If you have the time I would love to see you do a video in purchasing a share of a plane..

[@mojogrip]

Hey Rodd, thanks I am def looking into shared ownership as well. Just haven't found one where the numbers make sense. Here's one recent example: a piper pa-28 $12.5k to buy in + $400/month + $45/hr flown. If I fly 100hrs a year, I calculated my cost to be around $1800/month with just fixed cost being $859/month. With a budget of $1,000/month I could finance a low entry cherokee. That said, I will totally consider a shared ownership as long as my monthly cost (flying 7-10 hrs per month) does not go over $1k.

[@roddsmith6432]

Makes a lot of sense Mike.. You hit on something I never thought of.. "Setting a monthly limit"... With a buy in, flying club, etc... Whichever path you take, it's going to be some $$$...lol. Take care, be safe... Keep the video's coming... Because of your videos, I'm reinterested in a glass air ii...

[@cdreid9999]

the best figures ive seen are similar. Basically 5k a year for the plane to sit then add on fuel/oil etc costs. So if you fly 100 hours a year... 200 bucks a week. When you think of it that way thats a hell of a lot of money. Or just buy a 150 and sell it when the annual is due and buy another one.. maintenance is insane. Im hoping to go experimental/homebuilt + used. I can afford $50 an hour and doing the maintenance myself.. i cant rationalise $200 a week ..

[@malcolmhopkins9196]

Have you check out aso.com. for purchase of airplane?

[@gmcjetpilot]

Unless you are rich than rent. An option is get 3 or 4 guys in co-ownership. With an airplane you don't fly it is going to cost you constantly, hanger/tie down rent, reserves for annual, insurance.... Trust me Also if you are not super handy with a wrench, have a problem working on your plane (allowed maintenance by FAR, oil, plugs, tires, brakes, this and that or repairs with A&P oversight) don't own a plane.

[@bignycdon]

Is the rental time Hobbs hours only.

[@hadleymanmusic]

When I was takin lesson before 911 I said im gonna build fly then weitten and if I pass ill do demonstration of abilitys. I dont even know if they still accept that.

[@planelander]

one of my buddies who is a captain for an airline; he advised on a 150(own) , and do about 100 hrs a month. If you are building time, hence the 150. other than that. Clubs is more of a; not always flying type deal. If you always want to be in the air, owning your own plane will prob be the best bet. Just include, cost to operate monthly and your annual, 100 hr, and insurance.

[@cdreid9999]

So your captain buddy reccomended spending 10k a month? Gee really?

[@yacahumax1431]

are you going to Oshkosh?

[@OBENSquad_21]

Just got my PPL and I have been looking for plane rentals in Georgia and no success so far 🤦🏿‍♂️

[@midwestoffgrid9190]

Look into starting your own flying club. You can get the rates way down if you have a few investors financing a starter plane. That’s my plan. I think you can get the rent fee down to say $60-$75/hr if you setup just a flying club your own. Some of these flying clubs like this give you a small buy in fee but you have a massive amount of people using that cheaper plane. And the cost is still high and not much cheaper. I’d say look into Aopa financing your own Piper 140 with a relatively good avionics stack, close to $30k. Finance a club yourself and max out at like 5-7 members. So you have enough time to fly. Setup an LLC and get things setup. It’ll take longer, but I just don’t see some of these clubs like owning your own plane. It’s a slightly cheaper rental fee instead of a lot cheaper.

[@lifefoodsuperstore3534]

I would imagine obtaining insurance would be either extremely expensive or impossible to get.

[@midwestoffgrid9190]

Bulk Food Superstore good point I haven’t researched that to much. I’ve heard it may depend on how many owners are certified as student pilots vs private/commercial/instrument rated. I suspect it’ll be cheaper if you have mostly all private and above. I’m looking into purchasing one as a student pilot owner. So once private rated, I may be able to carry students on my insurance. More to come for me. A bit more research on that one. Thanks!

[@SadethCheng]

I rent from Skybound too.

[@jamesharkness1058]

Buy your own airplane Mike! There is too much competition for time on nice weather days. Once you own, you will never go back to renting

[@SabrinaBraden-n7n]

Some clubs maintain aircraft well, some don't, so best to own ans know what your taking a risk in when you leave the ground.

[@TheJonesbouy]

Buying your own plane is the best option. Something no one else has mentioned is the Civil Air patrol. The bad thing is that you can have a plane scheduled and one of the big muckie mukes will take the plane out from under you whenever they feel like it.

[@skorpius752]

Your cheapest bet if you want to fly is buy a few acres and an experimental. You can have a nice E-LSA for $25-30k. Land suitable for a dirt or grass strip - $5-10k. Not having to deal with crappy prices, insurance and hangar fees - Priceless!

[@scrapperstacker8629]

Great information, thanks for sharing.

[@ThingsHybrid]

what if something happens to the plane during rent?

[@mojogrip]

You're required to have renters insurance to cover you and ot the plane in the case of an accident or damage.

[@carlsonthomas]

Thank you for the great videos. 😎👍🏻 I went the build and fly route as a 1/10 owner in a Vans RV-12 with my local EAA Chapter 22.

[@disgruntledgames]

Thomas Carlson do you mind sharing you experience with this? Possibly the rough costs as well, if you’re willing? Thank you.

[@carlsonthomas]

Well, our group has formed an equity club of 10 owners around building and flying a Vans RV-12iS( corrected the model number from my first post). Some of the owners are part of the EAA Chapter too. Each of us share in the monthly costs which makes it much more affordable to own while lowering the barrier to entry for all those involved; we plan to only cover costs of operating, flying and maintaining the plane. Also some of the members have many hours of flying experience with various ratings and experiences which allows knowledge and experience to be passed to the other members and the young people who want to fly safely. The idea was thought of after seeing many eagles nests builds where the young people learned to fly in the plane they built. Our club also encourages young adults to further their aviation skills by training / experiencing flying (with a CFI rated pilot) in the 12iS which is a fantastic all around plane with a proven safe track record by a company that stands behind / flys in their own creations. The build process has already helped people form friendships and experience around building and eventually flying the plane; the group of people at the club are kind, caring and enthusiastic about aviation. All of us are having fun! 😎👍🏻

[@JinNani224]

Go to eBay or barnstormers and buy a piper, it’s a hell of a lot cheaper and once you are done, turn around and sell it. Just don’t run the engine to TBO

[@PaulAnthonyDuttonUk]

Why not just get a cheap experimental ultra light. Something with minimal maintenance need and that you can keep in the garage. Do you really need a GA aircraft?

[@experimental_av]

that's what i would do.

[@jonthepilot6924]

He has said before that he wants to fly cross country.

[@PaulAnthonyDuttonUk]

Jon the Pilot Well he can't afford it can he. Wanting something and having something are not always compatible Yet who says you can not go cross country with an experimental aircraft? To take one of those club aircraft on a weekend jaunt will dent your pocket to the tune of 7k. You can by an experimental for close to that.

[@PaulAnthonyDuttonUk]

R H 24 hrs in a day x 3 =72 x 100 bucks per hour or is it 200 per hour? Can't remember but it's close to the capital price of a cheap ultralight.

[@PaulAnthonyDuttonUk]

R H Ask the main man. He has the details but can't see it being much less as I think I underestimated the base rental price anyway.

[@muhammadsteinberg]

Buying the plane is the easy part. What's going to wear on your nerves is hangering/tie down, annuals, fuel cost, insurance, upkeep (tires, oil change, miscellaneous). Good luck with your decision.

[@DCGULL01]

Mike, I think a flying club/rental situation would work well for someone like me, but, I would be very happy to do pattern flying, touch 'n gos, etc... a couple of times a month, while I expanded my license: tail wheel endorsement, twin engine endorsement & possibly twin engine... But, my wife doesn't have interest in flying with me at the present time, so, I'm considering a single seat option...

[@mojogrip]

Once you start flying regularly, she might be more inclined to fly with you. Trust me, speaking from experience. You may consider having that extra seat just in case :)

[@ianabruce]

Super useful. Looking forward to comparison with other club.

[@RX7GSLSEowner]

So what did you do?

[@extremereclusefallows5779]

Rich people buy their own planes. Poor people like me join flying clubs. I earned my PPL in 1982. I belonged to a navy flying club. C-150 $18/hour, PA-140 $19/hour, Warrior $21/hour. No way I could have purchased my own plane. We also had a piston Texan and a C-310. Instructors were $10/hour. Spread the costs over many members. Now, due to base cost reductions the clubs have all been shut down and absorbed by civilian flying clubs. But, they are still much cheaper than purchasing an aircraft on your own.

[@ohcliff1030]

I’ve looked into local flying clubs, but they all have waiting lists!!! I’ve been thinking of hanging out at one of our local airports to see if I can meet pilots, and maybe become someone’s flying buddy. Just a thought!

[@219len]

Are those wet rates?

[@Rooksaho]

Please do more vids just like this just hanging out maybe a short flight, also in the flight I love when other you tubers are very descriptive of what they’re doing I think you would do good at maybe a vlog type flight channel

[@brent1041]

Around me the clubs want about $5,000- $9,000 to buy in, plus $75 a month, plus rental fee. It just don't make sense to be in a flying club where I am.

[@Bobrob51]

Same here. I have been out of flying for about 15 years, looking to get back in and was shocked at the cost of club membership these days. The ons here are a 20K buy in and 100/month to fly a 172 and an Archer for $95/hr wet.. Looking in Trade A Plane, a 150/152 or a Tomahawk can be had for

[@boomerantics9586]

Wow! Rates have certainly changed since I instructed at a club in the ‘80’s. I’m late to this discussion but I would not be intimidated by the prospect of purchasing an airplane. You’ll have to carefully weigh your options but, in my opinion, it’s likely that aircraft will remain or become more affordable as the pilot group continues to age on average, the ADSB mandate approaches and general interest in aviation continues to wane. Timed with the next inevitable economic downturn, airplanes will become even less expensive. Again, there are quite a number of facets to take into account but one thing I would definitely recommend if you go the ownership route is adding procurement of hangar space to your considerations.

[@bobhunt5997]

chk out hanggliding its cheaper much lookout mt flight park is a good start

[@marksharrock1339]

Man that seems pretty expensive on that 172 versus just owning one. Probably similar numbers.

[@DavidBerquist334]

Is age 60 the limmet for flying

[@mojogrip]

No of course not. As long as you're medically capable. You can fly until God calls you home :)

[@klmelj]

Yeah that was one of the schools I looked at when I was deciding. A lot of good reviews. I will actually be at PDK tomorrow morning taking my knowledge test at Pilot Stuff.

[@DevInvest]

Used Carbon Cub?

[@mojogrip]

Doesn't fit the mission or budget lol

[@LifeUn14]

You can go in an 8th on a airplane with 7 other people it’s like $32 a month or something like that basically you and 7 others own that one plane so just a thought there’s a lot of people around my airport that are doing that!

[@scottcole1881]

On a side note, nice car!

[@Airplanepilot501]

Cool, PDK is my home airport.

[@cirruscapo]

Are the prices wet or dry???

[@mojogrip]

I believe those are the prices wet

[@LJSJIUJITSU]

Man they have a real good selection of aircraft!! However it looks like you have the cash flow so why not just buy?

[@mojogrip]

I'm exploring every option possible :)

[@tilfo6798]

That is nit renable so if you fly 100h you habe to pay 20k or more

[@LordDice1]

Anyone in Vermont or New Hampshire near the Lebanon airport?

[@HyperShift]

IM about to start my ppl in a week or two any tips for someone starting out?

[@mojogrip]

Congrats on getting started. Find a school within 20 mins drive, ask for a fulltime CFI (usually much older guys/gals) don't get a young part time CFI who will possibly leave in the middle of your training. Try and fly 2-3 times a week. GET the ACS and the Bluebook now and use it as a guide for your training. Don't let the school decide everything, they can take advantage of new students.

[@darklordbobSmoke]

Do your medical before anything else

[@HyperShift]

Sadly there are 3 flight schools withing 25 mins but the only one with decent prices and planes is 50 mins away. I was thinking maybe since its far i can fly 2 hours a day 3 times a week. Should i do my own ground school online ?

[@OperatorBayArea77788]

Bro that taildragger is sick 👍🏾👍🏾 yo I am totally going that route thanks for the video

[@rafiqsaid4297]

a super decathlon is fun to fly with its symetrical profile and lot of power

[@ScoutyBoyO]

PDK!! I was there on Thurs.

[@timtravasos2742]

I think rental is the way to go. It's gotta be cheaper than buying.

[@blezzdinterceptor]

Thanks for these informations mr. Mojo , , ,Great vid.!!