My dad and my uncle got tired of the costs of overhauls and maintenance costs, so they went to night school and got A&P certified. I showed dad your vid, he says he has saved $187k + just on labor in 20 years. Something to think about.
@JohnSmith-bc1pe3 жыл бұрын
It’s nice to get confirmation that by becoming A&P it can/will work out financially in the long run.
@tonya80943 жыл бұрын
“ I didn’t buy an airplane to skimp on maintenance”.... Words to live by !!!!! Thank you for sharing.
@blancolirio3 жыл бұрын
Fly over there with a buddy and ride back in his plane...save $5000? Flying is why my cars are 20 plus years old and over 200,000 miles. No car payments= hangar rent. (Motorcycles are a different problem...lol) Another great video! Jb.
@suzukirider90303 жыл бұрын
Motorcycles are a great way to save money and get some basic backyard maintenance experience with :-)
@craigpennington12513 жыл бұрын
I've been riding motorcycles since 1969 and haven't had any problems whatsoever except being caught in the rain and having to ride in the rain to work when 3 cars are blown up.
@phliar3 жыл бұрын
Great video. I've been an owner for 10 years now, and I love it and recommend it to everyone. But I agree that the only way to own an airplane is to get used to the idea of never skimping on maintenance. If you can't comfortably pay for the unexpected $25K maintenance bill, keep renting.
@TheReadBaron913 жыл бұрын
If only more owners had that mentality. See too many aircraft in a state of partial disrepair just keeping it flying without much more that that. As long as the prop turns...
@BaxterretxaB3 жыл бұрын
The sad part is that most rental aircraft are barely airworthy because they skimp on maintenance to make as much profit as possible renting the airplane
@nikhayes33962 жыл бұрын
@@BaxterretxaB That surely could be a problem, however it isn’t across the board. Before you rent any aircraft, spend some time talking with folks from a local flying club, or simply call around and most places that will rent you an aircraft, will respect a guy that has questions, i.e. “When was the last annual”, “Aircraft age and maintenance history?”. Use your brain, don’t complain, You don’t have to use such a broad brush when you are painting negativity.
@survivalSC2 жыл бұрын
@@BaxterretxaB yup I agree. That is the reason I have taking so much time to finish my license. When I get done I’m just going to buy a plane. The rental plans are not the safest plans I have seen.
@ranjrog3 жыл бұрын
I’d say that was a very honest description of annual inspection expenses. I have owned a 1975 Cessna 172 for a little over three years and each annual is an opportunity to fix some maintenance issues and repair things that have failed or upgrade some older equipment. It isn’t cheap and it isn’t a good investment. It is what I enjoy and plan to continue to do! Airplanes are black holes for money but so are other high-end hobbies and this hobby lets me fly!!
@r182pilot3 жыл бұрын
Great job on the video. I wish every aircraft owner had your mentality towards the finances of aviation and didn't skimp on the small things during annual. As an IA, I highly encourage you to consider the owner-assist avenue with your shop. The hard part was done when you found a trustworthy shop so if they are willing to let you help it will not only save you some money but the knowledge you will gain about your aircraft will help you every time you step into the cockpit.
@RaceMentally Жыл бұрын
Your mindset on maintenance is very rare. I make a good living on people who don’t maintain their things.
@Erik-rp1hi3 жыл бұрын
I love working as a mechanic and have been turning wrenches on dirtbikes, my vans, then in the machine shop industry. I just got done doing 3 1/5 years of FAA approved A&P college curriculum at night at the local college. Now I can take all the exams to be an A&P. Saves money and get to make sure it is done right. It is not for everyone up in age but I had a great time. Got A's and a couple of B's. Not interested in doing other peoples planes as of now. I would love to get an I/A certificate. One thing I would never do is not have my plane hangared.
@YamahaC7SRG2 жыл бұрын
Great video! In case it helps someone... I've been flying for 46 years and owned (and built) many different aircraft. Bottom line: GA aircraft are very expensive to own. The worst was my 1964 Twin Comanche that averaged over $10,000 per year for the annuals for 7 years. But, the most affordable way to fly, and it's not even close, is the homebuilt/experimental aircraft that I owned/built where I can do all the maintenance and even fabricate my own parts. I had a Rans S-12 that was very economical (hangar cost and fuel was about it) and I now have a Hummel UltraCruiser (ultralight) that costs almost nothing. The wings come off and it goes in a cargo trailer. I also now have a Cessna 150 that is, typically, MUCH more expensive to own and operate than any experimental aircraft I've owned. GA is not your only option...
@gordonfeliciano43153 жыл бұрын
Good video... I've owned my 77 Tiger for nearly five years now. May will be the fifth annual I have had performed since I purchased it. Here's what I have learned... My first annual was done by the local shop that also did the maintenance for the fleet of a local flying club. The owner of the shop was relatively young.. early thirties... and had only been in business for a short while. He, unfortunately, did not encourage "owner assisted maintenance". I'm thinking because he was afraid of the liability aspects should something fail in flight and the FAA decide to point the finger at him. That lasted three years. My average annual cost over those three years was $1,800. During one of those annuals, I did have some equipment installed or repaired. But, for the most part, the rest of those annuals involved servicing your typical annual items per the Grumman AA-5B owners/maintenance manual. Last year, I made the decision to find a new shop to perform my maintenance. The current shop seemed to be overwhelmed with work and, also, quite frankly, the owner and I weren't seeing eye to eye on how he was maintaining my aircraft. So, I found another shop located on the same field. In fact, their hangar is located right next to the first shop I was using... side by side. This shop also maintained a flying club fleet... the difference being that all of the aircraft was owned by the owner who also owns the flying club, whereas in the previous instance, those aircraft were leasebacks from other owners. Before I engaged with the new shop, I spoke to the owner and asked a simple question... "do you allow owner assisted maintenance"... to which he answered "yes". I was immediately sold. My last annual was in May, 2020. I spent just over $850 and change. A savings of $1,000. Much of the work I performed was grunt work... removing access panels, removing and servicing the ignition system including servicing the spark plugs, inspecting the wiring and magnetos, inspecting and replacing the carb air filter in the airbox, changing the oil and filter, performing a filter inspection, performing a cylinder compression check, checking and replacing any broken EGT/CHT probes and other engine hardware, inspecting the avionics and electrical system, cleaning the under belly and other parts of the airplane of oil streaks, etc. This was done all under the supervision of my A&P. My A&P performed the final inspections before signing the Tiger off as "airworthy" for another year. The moral of my story... find a shop, talk to the owner and see what they will and won't allow... mainly owner assisted maintenance. Try them out. If you don't like what they offer... move on until you find a shop that you do like. Trust me, if it doesn't save you money, it may be worth just the peace of mind that you have knowing your shop will take care of you. Always plan, (save money for), the unexpected. Because, in aviation, the unexpected can be expected! Fly safe and fly often!
@chuckmartin57733 жыл бұрын
OMG!!!!! 6-8 grand average annual for a 182! I had no idea it would run that high! That sounds more like Bonanza annuals
@moriver38573 жыл бұрын
Before I became a pilot, I was first an A&P rotary and fixed wing. Never had desire to buy an airplane, but to maintain an airplane with your philosophy, while managing costs, having an A&P helps, and having a trusted friend with an IA to help is great also. Some things y0u must do yourself for peace of mind. Parts are one thing, but the labor costs are horrible. In Dallas county, everything will be more expensive. Mesquite and even Sherman are not that far if it means saving 2 or 3,000 dollars. Dirt strips are great but your wheel fairings, prop and horz stab will say otherwise. The182 and 177 are my favorite Cessnas, with fixed gears, but constant props. Happy flying.
@robertborchert9323 жыл бұрын
The Cardinal! Yes. It's a joy to fly. I understand, brother.
@lakerenegadepilot62113 жыл бұрын
i would encourage you to get more involved in your maintenance and what you need and what you do not need. i never skip on it myself since i fly my family but I also do not pay 8k per year on annuals. listen to Mike Busch series on EAA. Part of being a safe pilot and aircraft owner is to get to know the ins and out of your plane.
@scottjenkins87413 жыл бұрын
Mikes books are fantastic.
@nsudatta-roy81543 жыл бұрын
Fully agree!
@bryanmaxwell7332 Жыл бұрын
I’ve been flying my Cessna 182Q since 1985… no insurance or annual inspections. I do all my own maintenance…ZERO possibility of a ramp check here.
@philipjones93063 жыл бұрын
It just sounds to like these figures are quite a bit high (way high). As pilots we will never swap money for safety but I certainly recommend looking around at other shops. Perhaps this airplane had a number of issues which were left to the new owner and now you are playing catch up. Good luck
@Felix-bj9et3 жыл бұрын
I'm excited for that airplane buying course! As a student, I don't have nearly enough money to buy an airplane but I'm already making concrete calculations and these kind of videos help a lot! :-)
@Aerospace_Education3 жыл бұрын
Looks like I need to put more into planning on the annuals than I had expected. Hoping to purchase a 182T by the end of this year.
@whoisntwhoisit21263 жыл бұрын
Same damn boat lol, was expecting about half that... would be nice to stay under 100/hr with fuel... guess depends on how many hours your getting between annuals too.
@walterthorne48193 жыл бұрын
Often new first time owners drastically underrated the true cost of maintaining an aircraft. I was one,,,however mine eyes are open now! Your excellent presentation is very revealing...thanks for real numbers.
@AirplaneAcademy3 жыл бұрын
I'm so glad it was helpful!
@lathjr15175 ай бұрын
Thanks for the info and all the great comments.
@johnadams-wp2yb3 жыл бұрын
Kind of reminds me of the adage when buying a sail boat..' It's like standing in a cold shower, tearing up $100 bills'
@Dan_C604 Жыл бұрын
Exactly! I am looking into purchasing a used sailboat and going through the same struggle!
@johnadams-wp2yb Жыл бұрын
Good luck mate@@Dan_C604
@voidable61003 жыл бұрын
Great video! Brought up a lot of good points, I’m currently working on my Commercial rating. It’s incredible the cost of running an aircraft and maintenance is nothing to slouch on.
@robertlytch31932 жыл бұрын
Hey man, think you for the videos I really do enjoy them. Now questions ? I have seen some videos on bran finds, your thoughts ? Also planes that were abandoned at airports again your thoughts ? 1 thing though I saw a guy buy at both places & get really burned badly. The amount of both bird & rat nest & dropping the rust & Corrosion.
@IkoVenture3 жыл бұрын
I’m also a big fan of Savvy’s maintenance consulting. It’s really nice to have a mechanic that is working on your side during your annual. I’ve had several instances where the local MX has said I had to do something and Savvy stepped in with a few alternative to try before doing something major like a cylinder replacement. This isn’t a paid ad, just been really pleased with that service.
@MSflyer20053 жыл бұрын
I am probably about 2-4 years out from purchasing an airplane, but for me I can't start my research too early. You videos have solid about talking about the numbers associated with owning an airplane.
@edjarrett31642 жыл бұрын
Wonderful video. I’m still on the fence on ownership. I retired from USAF in 2007 and pursued a career in the F&B business. Now returning to my roots pursuing a PPL. I have always maintained my cars with the same standard that I had my jets maintained. Your video seems to show that ownership might be within reach. Thank you!
@edjarrett31642 жыл бұрын
@Hold Fast I agree. While I don’t understand the huge costs today of owning a simple GA aircraft, I know that ownership has moved well beyond your standard middle class. Without a business to expense it, most of us won’t afford even the cheapest GA aircraft. I’m curious as to why.
@waynelakey65733 жыл бұрын
Thanks Charlie! I like the content and honesty! I look for ways to add income to help me fly/keep up maintenance. Any information is great, thank you!
@bigbob26383 жыл бұрын
Well done and thanks for posting this video. Good luck with your consulting videos and flying.
@charleswise1045 Жыл бұрын
Thank you so much. Really liked this vid! l"m looking forward to more!
@Centurion54X3 жыл бұрын
In the process of buying a 210. Your videos have helped a lot can’t wait to see your future owner videos
@visarma96733 жыл бұрын
Up an Aerostar... you’ll have more fun 😁
@AirplaneAcademy3 жыл бұрын
Very cool! Never flown a 210 but on paper I think they're awesome. Have considered one for myself. Best of luck!
@Shaneepe13 жыл бұрын
Great info! I understand why I should rent for a while. I (and my wife) need to get used to the spend commitment. :)
@christopherbeddoe4063 жыл бұрын
Start putting a grand a month in an investment account. You'll get used to that money not being around and will be accumulating money towards your plane ownership goal. Once I hit $150k invested I'll buy the plane and the returns on the account will offset a majority of my flight expenses. Flying 100 hours a year then has zero impact to my monthly budget. I'm saving alot harder than $1k a month though to get to $150k.
@Shaneepe13 жыл бұрын
@@christopherbeddoe406 great advice! Thanks
@christopherbeddoe4063 жыл бұрын
I've started getting in the habit of saving/investing to fund my hobbies. It completely changes my mindset and if you set aside approximately 10x the annual cost of the hobby it is then "Free" forever paid for by annual returns. It also completely eliminates risk and stress associated with cost because the funding is already set aside. I'm basically doing what you are doing. Renting until I buy. I'm hoping to purchase in about 2-3 years then I'll kick up how much I fly and work towards my commercial.
@chrisc1613 жыл бұрын
Well that is his experience. The aircraft he purchased needed some TLC for years probably that did not get and when he bought it as a responsible owner took care of it. You just don’t pay $11 or $12k for minor things. Don’t let his experience discourage anyone from buying one. Make sure you to a detailed pre-buy.
@pilotguy403 жыл бұрын
Know who is doing a pre buy inspection, (Annual). This can be worthless using a bad mechanic.
@bryanhauschild43763 жыл бұрын
Actually, annual inspections are relatively cheap. It the repairs to make it pass the inspection are what cost so much. Look up FAR 43.11 (a) (4) and FAR 43.9. Each fall under different FAR’s. I believe you are getting soaked. You may be dealing with an FBO that normally handles PART 135 operations. I would like to see your invoices.
@bryanadams97663 жыл бұрын
As a relatively new aircraft owner for the past 2 years, I don’t quite understand why people people are still interested in buying Certified aircraft these days?...especially for a small 1-4 person size aircraft. There are way cheaper options in the experimental aircraft market (from purchase price/build kit prices, cheaper avionics upgrade options, more bang for the buck in terms of aircraft performance & fuel burn, cheaper maintenance, etc.). My routine annual inspection for my experimental Vans RV-8 is only about $500 total (assuming I’m not getting any new equipment installed). Watching videos like this makes me happy that I went the experimental route vs. the certified route. Even if I some day upgrade to a larger plane, I would still consider getting another experimental aircraft vs. a certified aircraft. Best wishes to all you aircraft owners out there!
@suzukirider90303 жыл бұрын
Exactly! My experience with aviation started with Experimentals, and they seem to be so much more bang for the buck than the overpriced archaic Cessnas. What city are you living in? :-)
@iepljoshua2 жыл бұрын
I love your videos! Thanks for sharing these video's. They are very informative and definitely has peaked my interest in Aviation!!
@AirplaneAcademy2 жыл бұрын
Thanks so much! Really glad you enjoy the channel!
@adrianstone44432 жыл бұрын
I live in the UK just started lessons thank you for all your help
@AirplaneAcademy2 жыл бұрын
Congrats!! This is exciting!
@ehuntley833 жыл бұрын
REALLY looking forward to that side hustle course. My latest side gig recently dried up, so this will be welcome info!!
@T_2103 жыл бұрын
Thanks for the vid. Consider- upgrade/alteration expenses should not be accounted for in your Annual. If you want to follow the Annual expense- then just the Annual's Parts & Labor should be all you code to that. Code "new stuff" to a different line. Be well.
@baomao72433 жыл бұрын
Good commentary. This type of data is available *if* you are “talking to people” or subscribing to a service, neither of which I get to do, generally speaking. I learned in a C182 but never had a TRUE handle on the expenses - just estimates in models that I built based on guesstimates. Thank you for your data. 👍
@montywhitman5159 Жыл бұрын
Hello, thank you for your video. I’d love to know how many hours you fly a year , that data could impact the costs for annuals. Thanks Monty
@AirplaneAcademy Жыл бұрын
Hi Monty - right now it's about 100-120 but that is starting to increase.
@n.e.c.6389Ай бұрын
I went to A&P school in Kentucky while I was laid off from my job. Two years & I got my A&P but then the airline industry took a BIG downturn in the late 80's, early 90's with associated layoffs of mechanics. So when I was called back to my old company I went. Upside was I had the experience to hire back in as a mechanic at the same pay that major airlines were paying at that time.
@knoxflier51713 жыл бұрын
Hey Charlie great video to help people understand what the real world of ownership can be. My 1965 182 started its 3rd annual with me just today! I’ve had 2 whopper annuals previously not unlike some of your bigger ones, plus others like new gps and radios. I also pulled my annual up from June this year to get out of prime flying season and if no biggie surprises, I’ll be doing a jpi 830 monitor. But let’s see, have a new strut AD this year too. I love my plane but ownership is not for the faint of heart and good to show people real $ expenses. Being a steward of older planes can be expensive.
@AirplaneAcademy3 жыл бұрын
Thanks for sharing. I can relate to everything you're saying! That new JPI monitor sounds awesome!
@knoxflier51713 жыл бұрын
@@AirplaneAcademy well supposedly I got my first easy annual, just minor squawks and a few ADs! They are installing the 830 now, so the bill will still be sizable, but admit I am excited to get the 830.
@thomaspuma4342 жыл бұрын
I have been thinking about the 182 took my flying lessons in the 172 but the 182 works for me. Thank you
@dariendmga35053 жыл бұрын
New to your channel as of this weekend! Love it. Really enjoy the passing of information from your own experience. Watched the ATC segment last night, great tips!
@AirplaneAcademy3 жыл бұрын
Welcome and thanks so much! I'm glad you are enjoying the videos and finding them helpful.
@steviedandashleyc3 жыл бұрын
This is a great video and glad you shared. I own a Mooney M20J, 1978, fully updated. Low time engine. My annuals have never been anywhere near the cost you have mentioned so something seems very different. We just completed ours at $2,700 total, plus we have an avionics issues unrelated to the annual that will likely bring it to around $5,000. Nearly every annual we had is less than $4,000. Plus I have a partner so everything cost me half. So, my advice to everyone...have a partner! I am sure his numbers are correct...just not sure it is an apples to apples comparison. Do your research...bottom line, owning a plane is expensive.
@av8or9713 жыл бұрын
the money saved by sticking with your first repair shop is WELL worth the hassle of renting a car, and FAR less expensive.
@terryrobertson83823 жыл бұрын
Many years ago (35) I had an 85 hp J3 Cub that I did all the work on myself because I hold an A&P License. A friend ask me what it cost an hour to fly it so I sat down and added up everything involved in flying and maintaining it. I told him it came out to $75 an hour. He said that can't be right, I said you try it and let me know.
@davewojtowicz22463 жыл бұрын
Hi Charlie, great video. Can you give some basic purchase info about your 182 when you bought it. Total airframe hours, total engine/prop time, purchase price or some reference? These annual prices are higher than I've encountered and in curious if you god a 'good deal' originally or how that factors in.
@AirplaneAcademy3 жыл бұрын
Hi Dave - yes I am wanting to dive into some of that in future videos. Mine had a recently overhauled engine so it was in good shape. I got a good deal on it. My maintenance costs have just been high primarily because of the labor rate I'm paying and I don't do any of it myself.
@michaelbryan35093 жыл бұрын
Great video and important information for anyone who's thinking about buying an aircraft for the first time.
@AirplaneAcademy3 жыл бұрын
Thanks so much! I'm glad you found it informative!
@DavidCaissy3 жыл бұрын
It would have been very interesting to compare your maintenance costs vs hours flown over that 5 year period. For example, if you've flown 100 hours/year on average, it would have cost you $76.78 per hour on average. But thanks for sharing Charlie!
@AirplaneAcademy3 жыл бұрын
Thanks David. I usually fly 100-120 hours per year, so can ballpark it for now.
@troy_kinsey3 жыл бұрын
Holy annual costs! I’ve owned three airplanes, including a Bonanza for the last four years, and none of my annuals has been more than $6k (that was an extensive one, involving addressing issues ranging from landing gear rigging to the exhaust system on my new-to-me 1960 Bo). I budget $3-4K for my annuals; back-to-back inspections of more than $10k would absolutely drive me out of airplane ownership. Luckily, it doesn’t have to be that way, nor should it be, especially on a fixed-gear airplane. Agree with others that owner-performed preventative maintenance and owner-assisted annuals are the best ways to keep your costs down. Addressing squawks as they present themselves is also critical to avoiding surprises at annual. And the things you’ll learn about your airplane by taking a hands-on approach to maintenance are absolutely invaluable!
@AirplaneAcademy3 жыл бұрын
Very much agree. Keep in mind the labor costs are a massive part of this too, as I'm at an expensive airport in an expensive city.
@747-pilot3 жыл бұрын
Really looking forward to the airplane buying course! It is a very terrifying prospect for many of us, from the perspective of not buying a "money pit", and also the topic of "ongoing expenses"! I would really like to see a very in-depth analysis and explanation of what it REALISTICALLY entails. There are a lot of KZbin videos that gloss over and make it look super simple (like anyone off the street could just buy an airplane for the price of a Honda Accord). I don't think those videos really do justice to all of the things that can go wrong with airplane ownership!
@AirplaneAcademy3 жыл бұрын
Totally agree. It can be an overwhelming process. Stay tuned!
@richardheinichen82793 жыл бұрын
HI Charles. I would not fly if I had to rent. I would not have a plane if I did not have a hanger.I would not have a plane if I was shocked on the cost of an annual. I would recommend that one should get different eyes on the plane every other year. Shopping for a mechanic might be harder than shopping for a plane in these times. I have been waiting for three years to get this one highly rated fella to give my 182 S a look over. I would also recommend a pilot owner, to sign up for Mike Busch's Savvy program...and of course oil analysis at 25 hours. Love the Airplane Academy...a good school of thought...
@Cavalier-lp8tr3 жыл бұрын
Let's not scare potential owners to death. I fly experimental. My yearly inspection costs around $350. If you've done a good job selecting a plane, you needn't spend too much keeping it up. Aircraft complexity is a big cost factor as is large maintenance facilities vs smaller shops. If you build your own plane, you can self inspect. In summation, cost of ownership can vary greatly!
@pilotguy403 жыл бұрын
Absolutely. For a factory built aircraft about 1/2 of the price covers Liability insurance.. Getting the knowledge to build a home built and being able to do your own annuals will save you big time. I had engine trouble in Mexico. I got help but knew what was going on. Stuck exhaust valves in the guides. Private ticket 1969, A&P 1970. have owned a C-140, C-170, C172. Love the tail draggers and homebuilts.
@damirzanne2 жыл бұрын
biggest reason why GA is going south is price , anything you do is outrageously overpriced… from half a million dollars for new overpriced airplanes , to $110 p/h labor to change a spark plug 😂 … that’s why people die flying 50 year old junk , because they love flying but can’t afford a decent plane …
@tommifflin6538 Жыл бұрын
Have you launched the side hustle training course? If so, can you share the link? Thank you!
@tommifflin6538 Жыл бұрын
Never mind, sorry. I found it. Thanks again.
@PublicSafetyInc2 жыл бұрын
Hi Charlie, I had a 172N for several years that defined “hangar queen”. I bought a R172K (Hawk XP) last year. It has been a very inexpensive airplane to maintain and operate. My wife is getting her ticket and we’re trading up to a 182RG for the speed and cabin volume. I’ve found over the years that it’s really up to the individual aircraft and mechanic. We’ll see how the 182RG does for her normal aircraft. I’m considering jumping up to a Seneca Turbo, 310 or 340. We have a much longer mission now with 40,000 plus nm traveled a year. We should meet up at Hard 8 sometime and compare notes.
@AirplaneAcademy2 жыл бұрын
Very cool! Congrats on your purchase and plans. I think my maintenance has been more expensive than most other people will experience because of the factors I mentioned in the video.
@svsarabi92453 жыл бұрын
Have you calculated your maintenance charges per hour flown?
@suzukirider90303 жыл бұрын
Did you ever consider "experimental" category aircraft? Seems like a way to save a lot of money, esp. for people who are technical enough (engineer here, so I might be biased) to do electrical and some simple mechanical work themselves, oil changes at the very least, but also most electrical works in an aircraft. I'd still hire a professional to do carb sync, mess with the EFI system, or do any ECU tuning - things I don't have experience with. But, brake fluid change, tensioning control surface cables, replacing any of the lighting bulbs, as well as antennas - seems really straightforward enough to DIY... I wonder how much that would bring the cost down.
@AirplaneAcademy3 жыл бұрын
It would probably bring the cost down considerably. I only grew up around certified airplanes and so I don't have much experience in the experimental world, and am not a mechanic by nature. Maybe one day I will get more involved with this but it's not my upbringing or background. Definitely some pros of experimentals, price and ongoing costs being a major one.
@CheezyMike133 жыл бұрын
This is great! I can’t wait for your courses!
@AirplaneAcademy3 жыл бұрын
Awesome!! I'm glad you're excited. I am, too!
@Dasman56242 жыл бұрын
Just looking at the hours charged. In 2018 did they really have say 1 person working on your plane for nearly 3 weeks straight?
@pilotguy403 жыл бұрын
I have developed an opinion that I am more interested in a maintenance shops reputation than what they charge. Cheap price reputation can bite you big time, just later.
@Monrele3 жыл бұрын
Great video as always, but I cannot believe how high these costs are. I have owned for three years and I am in about a third of what you pay on average. Granted my bird is older and a lot less pretty but still if I had a $14,000 annual and I didn’t know it was going to be that expensive I would be furious
@AirplaneAcademy3 жыл бұрын
I hear you. It wasn't a total shock, as I knew all of the squawks that needed to be fixed, but yeah no fun when you get a big bill. Keep in mind I'm at an expensive urban airport in the middle of a big expensive city. So it can definitely be lower than this.
@johnfitzpatrick24693 жыл бұрын
Hello from Sydney, Australia. Is your plane in a hanger? Moreover, do you think the cost of hanger rent can offset maintenance cost of tying it outside and having a plexiglass cover? (air intake plugs/polish every 3 months) 🌏🇭🇲👨🔧
@AirplaneAcademy3 жыл бұрын
Yes I keep it in a hangar. Good question about the pure financial breakeven. I just don't want to expose the airplane to constant elements (wind, dust, rain, hail, sunlight, etc.) if I don't have to.
@robertlewis56273 жыл бұрын
You guys should try operating a Piper Seneca (PA-34-200T) I have had annuals as high as 50K. I have spent as much as 7K replacing worn out exhaust components one ONE engine. One landing gear fitting that attaches the link to the wing spar is $2,000 + 4 hours to replace. The list goes on and on.
@chrisc1613 жыл бұрын
Gosh. How many hours do you have on this thing? That is crazy. Personally on my Turbo Arrow other than a major avionics upgrade never paid more than $3k I think it’s time for a different one😬😬
@steviedandashleyc3 жыл бұрын
I am agree with you. I own a Mooney but he is spending some serious money compared to what I spend and I know we don’t skimp on the issues....if there is an issue or possible issue we fix it.
@craigpennington12513 жыл бұрын
Aviation costs are up there. IT'S NOT CHEAP. I love to fly but is cost prohibited. Motorcycles aren't and therapeutic just like flying but a whole lot cheaper.
@scottjenkins87413 жыл бұрын
36000 dollars for 5 years of annuals is absurd ! You said you just prefer to “drop off “ your airplane and wait for the call. Get involved in the maintenance . So many shops love lot see your type of owner come in. Go to A&P school ! It’s tough but well worth it. Wake up and understand what makes your airplane fly and stay in the air. I could not imagine Being a pilot and not an A&P and visa versa. READ MIKE BUSHES BOOKS AND WATCH HIS POD CAST. I own and fly a 182G and guarantee it doesn’t cost 36000 to keep it flying for 5 years unless you bought a Project plane.
@blitznone11423 жыл бұрын
The 182 is such a nice plane. Now that I can afford it, I don’t have a medical. I made a mistake and told doc, I had sleep apnea. Trying to get medical back now
@SomethingClever223 жыл бұрын
Thanks for the honest info. Love your channel!
@AirplaneAcademy3 жыл бұрын
Thanks so much! Really appreciate it.
@DiamondDoorsInc3 жыл бұрын
Your videos are great and very informative! Appreciate the content you share.
@AirplaneAcademy3 жыл бұрын
Thanks so much! I really appreciate it!
@cherfieldm3 жыл бұрын
Very informative video. I'm just curious out of so many Aircraft available why yo chose Cessna 182 please?
@AirplaneAcademy3 жыл бұрын
Good question. I actually just put out a video today on this topic: kzbin.info/www/bejne/g5bHfoSapapoh9E
@billfly21863 жыл бұрын
I like your style. Well spoken. Those are maintenance costs. What is the base cost for the inspection?
@AirplaneAcademy3 жыл бұрын
Usually a couple grand but then it's all the other stuff that they find during that process that needs fixing.
@jaco_oosthuizen3 жыл бұрын
I like the colour scheme on your 182.
@kevinhaynes473 жыл бұрын
A 182T as soon as my "Rich Uncle" gets outta the poor house. Great Video, Appreciate you.
@robertbankhead86613 жыл бұрын
thanks for this video. Love your style Charlie.
@AirplaneAcademy3 жыл бұрын
Thanks so much! Glad you are enjoying!
@cebeho3 жыл бұрын
Everyone has a lot of questions, good video though! :) I have another question, how much were you flying per year, were you flying more in some years than others?
@pilotguy403 жыл бұрын
No... My wife might ask me.
@AirplaneAcademy3 жыл бұрын
Usually 100-120 hours per year.
@johndean29253 жыл бұрын
Not sure this will make any sense, but could you also sub-categorize your annual costs as needs vs. wants? Battery or replacing an alternator is a need of course. Safety is a need where a want could be new upholstery if seats are still serviceable or improving the panel. Thank You!!!!!!!!!!!!!!!! P.S. Updates on your June arrival would be awesome!!!!!
@AirplaneAcademy3 жыл бұрын
Hi john - I might do a follow up video on this. Right now it would take a bit to categorize it but I can tell you that most of it was needs and not wants. I had a few things in the earlier days that I wanted to upgrade (LED's, fairings, etc.) but most of the subsequent stuff was needs.
@johndean29253 жыл бұрын
@@AirplaneAcademy Awesome...needs vs. wants give me a much clearer picture of what it really costs to own a plane. When you think about taking up family and friends maintenance takes on an entirely different meaning. Can't thank you enough for your time and willingness to share valuable information!! Thank you!!!
@charlesdahmital80953 жыл бұрын
Zen and the art of aircraft maintenance.
@Jerry7783 жыл бұрын
What year is your plane, and how much did pay for it?
@CaptMoo3 жыл бұрын
Im not there yet... but someday I hope to own a 182. As always thanks for the good advice
@mmichaeldonavon3 жыл бұрын
Those numbers are jaw dropping for me! Flew for over 40 years, and never even thought of buying a GA plane. Rented quite a bit, early on, then built three different Experimental Amateur Built airplanes. The last I flew for over 13 years and put over 750 hrs on it. It cruised at 75mph, with a VNE of 110mph - it took me to hundreds of Fly In Breakfasts. :) And, yes, it was definitely a "tail dragger." Now we're talking fun. Loved it when the "wind was up." Made you work at "round out" - "flare," and landing. :) I'm guessing that you are not married - most wives will not sit still for those 10 and 14K bills. No way. I must admit, however, that my favorite little plane is the Piper Arrow - like a little sports car. I lost a little love for it when the wings began falling off. Enjoyed your input. Thanks, N-6395T
@AirplaneAcademy3 жыл бұрын
Thanks Michael. My wife is really supportive of flying which has helped a lot. Some years are more expensive than others but she's on board.
@mmichaeldonavon3 жыл бұрын
@@AirplaneAcademy Thanks for your very nice reply. Lovely wife, for sure. Thanks,
@lmartinez36333 жыл бұрын
As you said, safety can not be at the expense of cutting corners, be safe
@ronlevy72882 жыл бұрын
Great info. However, you should really post the number of HOURS FLOWN each year to see the relative costs of the annual vs hours. Same with all other labor costs during the year other than the annual.
@calebgarcia45572 жыл бұрын
What is your full time job? And what is your primary source of funding for your airplane?
@AirplaneAcademy2 жыл бұрын
www.linkedin.com/in/charliegasmire/
@sachoryglover92413 жыл бұрын
I’m trying to find financing at no more then 20k down do you have any ideas of where I can go I’m trying to get a Cessna 182
@HelloWorldETX3 жыл бұрын
I know people love making fun of light sport, but I switched to SLSA 5 or 6 years ago and rarely miss flying a 172/182. 99% of my flying is solo so I do not need a big chunk of airplane to carry me around. I take it coast to coast and fly a few hundred hours a year at 1/3 the cost of a 172. The Rotax will go full 2000hr TBO with little or no investment besides oil change and my annual conditional inspection runs $900-$1k. 118 ktas on 4.5 gph is nothing to complain about. Many more people could enjoy much more flying if they consider LSA rather than certificated.
@RustyCoon3 жыл бұрын
Great info, persepective and video!
@AirplaneAcademy3 жыл бұрын
Thanks so much!
@timgriffith42133 жыл бұрын
I wish all aircraft owners had the same mentality as you when it comes to not skimping on maintenance.
@john96633 жыл бұрын
Charlie, so it looks like about 30 - 35 hours a year just the annual after setting aside some time for your "upgrades". Assuming only $100 an hour for the labor you're looking at $3k to $4k per year for an annual. YIKES! That's every year. Your material costs are high due to apparent upgrades. But still, allowing for this, and assuming a reasonable amount for maintenance parts, parts seem to be a killer for a Cessna. More maintenance required than I would have anticipated. Add to this the fixed hangar and insurance costs and one is hardly able to fly this. I understand that you budget for it but, WOW, the fixed costs seem absurd. I know flying is expensive but had no idea the annual inspection/maintenance was such a big deal. Thanks for the info. You have a very informative channel with lots of good ideas.
@AirplaneAcademy3 жыл бұрын
Thanks John. Keep in mind the labor rate is a huge component of this. I talk about that some in the video but it's not apples to apples with what you'd maybe pay elsewhere. I'm in the middle of an expensive airport in the middle of an expensive city.
@harmonhardyiii12033 жыл бұрын
Just realized you are related to my friend David. We graduated from the same high school in 1973. Let him know I became a pilot 10 years later. Sic ‘em Bears.
@AirplaneAcademy3 жыл бұрын
Small world! I asked him and he said you had the coolest Camaro SS396 back then! Thanks for mentioning it. He says hello!
@rainsoundsalliarti3 жыл бұрын
Great job my new friend 👏🏻
@AirplaneAcademy3 жыл бұрын
Thanks so much!
@cippo1 Жыл бұрын
Do you made some money with the airplane?
@karrpilot70923 жыл бұрын
I have been a rental pilot for 20 years. I work crazy hours and a lot of them. Aircraft ownership is out of the question. Especially when I usually only fly 20 hours a year. You should have included that into your video. The AOPA did a study, and basically said if one doesn't fly at least 75? hours a year, one shouldn't be an owner. I completely agree with that analysis.
@AirplaneAcademy3 жыл бұрын
I agree. I talk about that in some of my other videos, but yes the breakeven is somewhere around there depending on what plane you're talking about. I usually fly 100-120 hours per year. I talk more about my stance on rent vs. buy in this video: kzbin.info/www/bejne/d3q2ZWh3rN1sg80
@jonathonhinson20703 жыл бұрын
Those numbers sound like you really try to take care of the 182. I continue to hear that you can annual a plane for $600. When I have spent the day watching my A&P go through the plane, I know you can't do it for that. It just takes a number of hours to really go through the plane and give it the detail eye.
@trulysurprised-bk7cy3 жыл бұрын
I was friendly with an aircraft mechanic. He also taught aircraft maintenance at the local trade school. He ran a shop with some friends on the side. He specialized in T6 military trainers and traveled around the country repairing them. He was very conservative and was definitely not a wealthy man. I remember him telling me in 06 that an annual was around 2k, which seemed expensive to me then.
@pilotlangdon3 жыл бұрын
This June will be my 5th year owning a 1961 172B. She’s no super model but structurally and mechanically sound. No fancy instruments or gadgets. Annuals go from $600 CAN to almost $8000 CAN. Mostly around $1100 annually. 2019 I switched where my annuals were done and had them go completely through my plane which was my biggest at $7800. Every other year was $1,100 or less. I expect another expensive annual as time specific parts need inspection and servicing.
@AirplaneAcademy3 жыл бұрын
Thanks for sharing your stats here! Helpful.
@molonlabe96022 жыл бұрын
Wow! I used to get my 172 annual done for a flat rate of $750 and I almost never had any required repairs. One year I had a crack in a horizontal stabilizer spar stop drilled and a "doubler" put on that cost me an extra $100...but that was about it.
@goodfriend64283 жыл бұрын
Excellent! Thank you!
@19ij3 жыл бұрын
Very useful content, thank you. Could you suggest mechanic for prebuy inspection Piper turbo Arrow in Wichita Falls, TX?
@AirplaneAcademy3 жыл бұрын
You might reach out to Pat Pennington at Aero Tech Services based out of Addison. They do pre-buys.
@19ij3 жыл бұрын
@@AirplaneAcademy thank you.
@LaHayeSaint3 жыл бұрын
Charlie, based solely on the data shown in your Table, it appears that rural costs are way lower than urban costs. Viewed another way, the urban mechanic is raking it in at your expense. I would go elsewhere, or join an aero mechanic's course, so I could do some, if not most, of my aero-engineering. The numbers say it all. See what Bryan Hauschild says below: To quote, "Actually, annual inspections are relatively cheap. If the repairs to make it pass the inspection are what cost so much. Look up FAR 43.11 (a) (4) and FAR 43.9. Each fall under different FAR’s. I believe you are getting soaked. You may be dealing with an FBO that normally handles PART 135 operations. I would like to see your invoices." We just don't like to see a nice man being ripped off.