The True Cost of Owning an Airplane

  Рет қаралды 1,140,612

Daniel Iles

Daniel Iles

Күн бұрын

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None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

Пікірлер: 341
@olliesutton1804
@olliesutton1804 Жыл бұрын
That guy defo kicked the tyre and said “thats not going anywhere”
@George-pl7eu
@George-pl7eu Жыл бұрын
Hahaha was thinking that
@lDontExist
@lDontExist Жыл бұрын
“Tyre”💀
@olliesutton1804
@olliesutton1804 Жыл бұрын
@@lDontExist Im from the UK, thats literally how you spell it here 🤡
@reese4157
@reese4157 Жыл бұрын
“Yup she sturdy” has the same vibes as a Dad tightening a strap to a trailer and saying “That ain’t goin nowhere”
@cartler
@cartler Жыл бұрын
I was literally about to say that lol
@HeaIthyFamiIyForce
@HeaIthyFamiIyForce Жыл бұрын
facts
@Mrlongboarding4lif3
@Mrlongboarding4lif3 Жыл бұрын
You forgot the tug and smack of approval
@mrmidnight32
@mrmidnight32 Жыл бұрын
So lame when people see top comment and basically plagiarize it…..
@reese4157
@reese4157 Жыл бұрын
@@mrmidnight32 cope and seethe
@aspacenerdfromflorida1134
@aspacenerdfromflorida1134 Жыл бұрын
Keep those aviation videos going!! 100% would watch more
@zackarysmith178
@zackarysmith178 Жыл бұрын
Love the airplane videos! Would love to see more
@VLove-CFII
@VLove-CFII Жыл бұрын
$1100 a month for insurance! 😳
@aaronmusquiz4034
@aaronmusquiz4034 Жыл бұрын
I live in Alaska to bro I have a plane too love your plane
@takethebaitmate1920
@takethebaitmate1920 Жыл бұрын
Bro we should like have a airplane party here
@Steve.._.
@Steve.._. Жыл бұрын
@@takethebaitmate1920 don’t forget Sarah palin she’s got the drugs!
@wormy4574
@wormy4574 Жыл бұрын
I’ve always been dreaming of getting my private. More aviation please!
@JeaBo
@JeaBo Жыл бұрын
Wow! Didn't know you were into aviation! It would be cool to see content of you talking about the aviation world! - Coming from a career CFI who found out the airline pay is rough at first
@salomevizcarra3318
@salomevizcarra3318 Жыл бұрын
Do it with a yacht now, I’d like to get one one day, but maybe it’s because I don’t know how expensive it is after you get it 😂
@KBJC_Aviation
@KBJC_Aviation Жыл бұрын
I love how you became a pilot and I do wonder if you plan on taking it further, also I love how it is in Alaska and have those THICC tundra tires
@DanielIles
@DanielIles Жыл бұрын
Hoping to get my Instrument rating next year and a commercial eventaully!
@risingmoon893
@risingmoon893 Жыл бұрын
I pefer the KitFox, you can legit use fuel from the gas pump if it doesn’t have ethanol.
@thesolojourney8955
@thesolojourney8955 11 ай бұрын
Please explain the maintenance costs!!! To garage it, to wash it, the overhaul.
@thanatosexcelsior3711
@thanatosexcelsior3711 Жыл бұрын
Bro really bought an airplane and broke down the cost like we're ever gonna buy one
@thanatosexcelsior3711
@thanatosexcelsior3711 Жыл бұрын
Oh shit who knew that editing a comment deletes likes?
@pedrobrandes8097
@pedrobrandes8097 Жыл бұрын
oh boy nice to see that you know that
@WhoKnowsMang
@WhoKnowsMang Жыл бұрын
Not my problem you plan to be weak, I'm getting a plane
@thanatosexcelsior3711
@thanatosexcelsior3711 Жыл бұрын
@@WhoKnowsMang ?? dude I'm not planning to be weak, I'm looking at it realistically
@WhoKnowsMang
@WhoKnowsMang Жыл бұрын
@@thanatosexcelsior3711 ok broke boy, I'm going to work something other than a minimum wage job
@jethro784
@jethro784 Жыл бұрын
My first flight in a light aircraft was in a Highlander, very nice.
@con_zur
@con_zur Жыл бұрын
For those interested you can buy an experimental high wing called a kitfox for about 22,000. Most of the cost for a plane is maintenance and storage. Not only do the wings fold but being experimental means you can make your own modifications to it without a long approval process.
@shoku2725
@shoku2725 10 ай бұрын
When I moved to alaska it surprised me how many people owned their own planes. Pretty cool
@joshpavelich5235
@joshpavelich5235 Жыл бұрын
You skipped maintenance. Requires an annual inspection every year (1-2000$) and engine overhaul every few years depending on how much you fly (like, 10-30,000$ idk). Plus parts, oil changes, etc. I've heard in the range of 50$/hour of engine running time for maintenance.
@RedesCat
@RedesCat Жыл бұрын
That plane knows how to get sturdy 💯
@hairybustard4247
@hairybustard4247 Жыл бұрын
Suppose if you build you’re own house and you need the transport this would be as much as a mortgage but just as necessary as four walls and a roof
@thelegalsystem
@thelegalsystem Жыл бұрын
I instantly knew this was gonna be Alaska hahaha Stay safe my man, weather changes quick. Almost everyone in AK knows someone who died or almost died in a small plane accident haha
@KingBobBobBob
@KingBobBobBob Жыл бұрын
And here I was buying a shipping container storage thing it had a Cessna in it, and it only cost me 500 usd granted it was a jigsaw puzzle. But I had some excellent mechanic friends and my own knowhow and my first of many planes was created! I'm currently working on a cargo transport from ww2 a Dakota!
@Spellcaster01
@Spellcaster01 Жыл бұрын
Ayeee a fellow alaska rare to see one of those
@richardfamilyproductions
@richardfamilyproductions Жыл бұрын
Great video. Love the cost breakdown. Keep it up!
@100GTAGUY
@100GTAGUY Жыл бұрын
Yup planes are expensive, even mundane maintenance like changing spark plugs will run ya a pretty penny at about $100+ a plug and two per cylinder lol. Costs ten times as much to change the plugs on an aviation 4 cylinder as it does an automotive V8.
@Trump-wf7cn
@Trump-wf7cn Жыл бұрын
I didn't know you were a pilot! I love your videos and I love bush plane videos keep them coming
@noonedude101
@noonedude101 Жыл бұрын
Aviation insurance annoys me. I’m an ATP with over 4000 hours aaaand it’s really just the insurance that is keeping my friend and I from buying a Bonanza. Because I can fly an ILS down to CAT II mins all day long but somehow the thought of flying VFR up to Lake Michigan makes the insurance people shiver.
@turbotimthree
@turbotimthree Жыл бұрын
The ending was LEGENDARY
@firebossalt8984
@firebossalt8984 Жыл бұрын
My grandpa has two planes one is bought and the other he built it’s considered a 1;1 aircraft because it has modficatuons from the og blueprints so it is called a river eagle.
@DroneStuff402
@DroneStuff402 Жыл бұрын
Woah I did not know you were into aviation, very cool! You just earned a sub👍
@chuckiejoseph4979
@chuckiejoseph4979 Жыл бұрын
you also need a hanger to store it in. I own mine and it appreciates similar to a house, or you could rent one but it adds to the total.
@northernborean1389
@northernborean1389 Жыл бұрын
I know you probably won't see this but DAMN bro I've been watching for a while know and I didn't know you were in AK? I figured you would be in the lower 48 but respectfully it's great to see content as top notch from up here in the north.
@kuzadupa185
@kuzadupa185 Жыл бұрын
Congrats! Great job!
@dantee323
@dantee323 Жыл бұрын
I had a neighbor growing up who built his own air plane. Looked like yours but his was grey and he already had his license since he’s a pilot for Delta Airlines or whatever it was
@johnyjons_
@johnyjons_ Жыл бұрын
Oh that plane is so cool! I wish i can have one when i will be older
@TonyTheeAviator
@TonyTheeAviator Жыл бұрын
The ending 😂 wasn’t expecting It
@joellaplant5837
@joellaplant5837 Жыл бұрын
Nice kit those pretty sick
@MCD10000
@MCD10000 Жыл бұрын
So next do a jet like a harrier or an electric lightning, or an old warbird like a spitfire or a seafire, or hurricane
@cswansongtford
@cswansongtford Жыл бұрын
Best money maker ever
@zvonimirskvorc3006
@zvonimirskvorc3006 Жыл бұрын
This is so awesome
@jackr2287
@jackr2287 Жыл бұрын
I’m still gonna do it at some point. Flying is fun.
@jeanmiguel6409
@jeanmiguel6409 Жыл бұрын
These video’s about expenses are interesting to learn about
@elliotcunningham9186
@elliotcunningham9186 Жыл бұрын
Cool video I’m down for more
@pwdrkeg9509
@pwdrkeg9509 Жыл бұрын
Nice STOL bro!!👍👍. Enjoy!
@blue24angels
@blue24angels Жыл бұрын
It’s expensive but it’s the most fun you will ever have
@rustyclam238
@rustyclam238 Жыл бұрын
That’s about right.
@DanFrederiksen
@DanFrederiksen Жыл бұрын
do you need the outback big wheels? if not an LSA with a rotax running mogas might be drastically more cost effective than the WWII tractor tech
@DanielIles
@DanielIles Жыл бұрын
They help me land in the middle of nowhere! Small wheels can’t run over rocks as easily
@Napoleonvanderbilt
@Napoleonvanderbilt Жыл бұрын
145.000$! That looks very similar to a Cessna 150, or some kind of early similar model. And you can buy a “Fully functioning” Cessna 150 or 152 for 18.000 USD, say 20-25 for specifically Alaska. Maybe it’s looks are deceiving and it’s a much higher power aircraft. (edit) Looked up the registration and exact model, it’s exactly what I thought, but he has a specifically more powerful version, averaging about 95k for sales. But maybe his has some nice interior or something.
@infinit_y7000
@infinit_y7000 Жыл бұрын
But why a spin engine plane cost 145k while a trainer jet cost 45k
@thesolojourney8955
@thesolojourney8955 11 ай бұрын
When the insurance alone costs more than peoples rents, mortgages, food in America per month.
@UnusualPilot
@UnusualPilot Жыл бұрын
Now you Gotta join AOPA NOW AND EAA AND FLY TO OSHKOSH NEXT YEAR!
@deplorableshop-personkinda6168
@deplorableshop-personkinda6168 Жыл бұрын
Nice 1978 M-5-235C, Timothy.
@DanielIles
@DanielIles Жыл бұрын
Haha thanks! It’s an awesome plane and has been amazing to fly so far! Next year I will get it on the floats.
@henrytang2203
@henrytang2203 Жыл бұрын
Looks like a lot of fun. But damn, wasn't expecting it to cost more than buying and tracking a Porsche.
@Demonslayer20111
@Demonslayer20111 Жыл бұрын
There are STC available for those that convert them to regular unleaded gas
@robertl30
@robertl30 Жыл бұрын
What kind of insurance is that high? Typical GA aircraft should be about $1600 a year.
@josephpatton5569
@josephpatton5569 Жыл бұрын
As an A&P I can tell you that the cost doesn't just stop there. Maintenance is MANDATORY. Imagine losing your license for going over 3k miles on an oil change. And parts are NOT CHEAP. a little cheaper in GA but still expensive.
@sedzanithilivhali882
@sedzanithilivhali882 Жыл бұрын
I was half expecting the mechanic to go "yup. That's a plane"
@nick4506
@nick4506 Жыл бұрын
have to put away money each hour for mantince or the engine overhaul will bankrupt you.
@patriotsfan1236
@patriotsfan1236 Жыл бұрын
1100 month. Either you don't even have a private license or you are being scammed by your insurance.
@benbrgr9
@benbrgr9 Жыл бұрын
Btw you can buy a plane for roughly 20k and as long as the engine is under a certain power you don't need a license
@KhaosT100
@KhaosT100 Жыл бұрын
Wait, this guy lives in alaska?
@kz03jd
@kz03jd Жыл бұрын
There's a difference between the cost of "Buying and Airplane" and the cost of "Owning and Airplane"
@atomisum6445
@atomisum6445 Жыл бұрын
Hell yeah!
@bobsaget6720
@bobsaget6720 Жыл бұрын
TIL you’re in Alaska
@aviationphu9603
@aviationphu9603 Жыл бұрын
How do GA pilots make money though
@ashadowawhisper
@ashadowawhisper Жыл бұрын
And the annual and any STCs and etc etc etc and mandatory avionics upgrades
@user-ck6pc3tx6j
@user-ck6pc3tx6j 11 ай бұрын
Can you buy other planes and make a small compeny 😊
@lukonko3241
@lukonko3241 Жыл бұрын
craigslist plane, nah 💀
@vladiiidracula235
@vladiiidracula235 Жыл бұрын
Sussy plane
@christopherb7266
@christopherb7266 Жыл бұрын
What else additional is needed to start a bush pilot business, pontoons? additional insurance and ratings?
@its4michael
@its4michael Жыл бұрын
Ins. $1100 mo!!! Time to switch wt I've never heard of those prices for that type!
@JacksDiving
@JacksDiving 11 ай бұрын
Did you say insurance was $1,100 per month? Please fill me in that doesn't sound right
@stanleybacklund5614
@stanleybacklund5614 Жыл бұрын
True facts about Morgan Freeplane
@briegqueau545
@briegqueau545 Жыл бұрын
1,100$ of insurance per month is INSANE ! WAY too much...Did you buy it with no tailwheel time ?
@marzandtheman2133
@marzandtheman2133 4 ай бұрын
I’m looking at a maule as well! Where did you get your instruction in it
@willcrossley9537
@willcrossley9537 Жыл бұрын
145k? Dayum that's not even far off getting an airworthy spitfire replica, you can get decent bushaircraft here for like 40k
@alexanderwalley2639
@alexanderwalley2639 Жыл бұрын
$1100 a month on insurance? I pay $1200 for the year. That seems a bit high for a small taildragger.
@nonpartisangunowner4524
@nonpartisangunowner4524 Жыл бұрын
Alas, why recreational aviation is so out of reach for to out of most people who aren’t collecting a pension.
@jamesward2141
@jamesward2141 Жыл бұрын
1100 a month insurance is mental
@bryantspeedcustoms9795
@bryantspeedcustoms9795 Жыл бұрын
Love this video I've thought about getting my pilots license many times
@MoneyE2xp
@MoneyE2xp Жыл бұрын
I want to get my pilots license through the military I'm in college rn going ti finish to get my bachlors then go straight to the military finish my time with them and not paying for my classesm
@hamburgerundcola8373
@hamburgerundcola8373 Жыл бұрын
How old will yo be, when you finish college? Because to be a military pilot, it is a big advance to be as young as possible, to get in.
@MoneyE2xp
@MoneyE2xp Жыл бұрын
@@hamburgerundcola8373 22
@waveman8923
@waveman8923 Жыл бұрын
Make sure you don’t have Asthma and of course 20/20 vision and your good! I wish you well!
@Trump-wf7cn
@Trump-wf7cn Жыл бұрын
If you made full length bush plane vlogs I would 100% watch
@DanielIles
@DanielIles Жыл бұрын
Then I 100% will!
@jevangelista-nh-23
@jevangelista-nh-23 Жыл бұрын
Of all places Alaska? I was expecting you to be from Cali or Washington or something
@OmarJIBAR
@OmarJIBAR Жыл бұрын
More air plaines please 😌
@yordirivera9075
@yordirivera9075 Жыл бұрын
The end 🤣
@chattyrob
@chattyrob Жыл бұрын
Hey Daniel, what’s the name of that plane? I like it! It’s a Busch plane right?
@joellaplant5837
@joellaplant5837 Жыл бұрын
Bro you're Big Burtha...THIIIIKKKBOOOIII
@roccorossetti7579
@roccorossetti7579 Жыл бұрын
Timothy, why are you paying $1,100 a month for insurance? That should be the cost per YEAR!
@jakeblob5632
@jakeblob5632 Жыл бұрын
Not me with the wings program
@DanielIles
@DanielIles Жыл бұрын
smart
@MrMeowTheSecond
@MrMeowTheSecond Жыл бұрын
I was honestly thinking it was all reasonable until insurance 🤣
@nonpartisangunowner4524
@nonpartisangunowner4524 Жыл бұрын
Alas, why recreational aviation is so out of reach for most people.
@heymotivator2231
@heymotivator2231 Жыл бұрын
Yet it costs you nothing to VFR call up approach when we are busy and go “approach N12345 let me get uhhhhhhhhhhhhhhhhhhhhhh”
@MichaelCarrPilot
@MichaelCarrPilot Жыл бұрын
Fellow airplane owner!
@dandersen464
@dandersen464 Жыл бұрын
You should swing by birchwood sometime
@DanielIles
@DanielIles Жыл бұрын
I love birchwood! If you got a good nearby recommendation for lunch DM me on IG. Always down to meet up with a fellow Alaskan pilot!
@dandersen464
@dandersen464 Жыл бұрын
@@DanielIles rad I’ll hit you up
@parkershaw8529
@parkershaw8529 Жыл бұрын
1.1k / mo for insurance!!
@kenneth8344
@kenneth8344 Жыл бұрын
yo another Alaskan lets gooo
@arktossgaming5936
@arktossgaming5936 Жыл бұрын
Now how about the true cost of maintaining?
@repobud1
@repobud1 Жыл бұрын
WTF do you need insurance for if something goes wrong you won't be around to get sued
@Rezin_8
@Rezin_8 Жыл бұрын
2000 insurance was around 200$ 2002 insurance was around 2000$
@Bubbleztoo
@Bubbleztoo Жыл бұрын
Honestly a lot cheaper than I was expecting
@Tomatenking123
@Tomatenking123 Жыл бұрын
Wasn‘t the name of the biggest shelling missile in WW1 Big Bertha as well?
@ccreamy7321
@ccreamy7321 Жыл бұрын
$150,000 and you don’t get a glass cockpit?
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