Originally Posted by RockyBoy

About $24,000 down to get the loan.
Fixed costs of about $1425 per month if you don't have a partner.
Operating Costs of about $151/Hr if you get an average burn of 17 GPH

I make one trip per month 800 miles. It would typically take about 3 hours to fly that so RT would be $900 operating cost plus $1425 fixed costs for a total montly cost of $2325 to make the trip in a Bonanza. Plus the $24,000 cash outlay for the down payemnt.

If I did it 4 times per month my cost per trip would be $1262. Cost to drive is $250 RT and I get a $750 write off.

Fixed costs are:
$975 for your payment. (20 year loan/15% down/6.0%)
$200/mo Insurance
$250/mo Hanger

Variable costs are:
Fuel $97.75/hr figuring an avg 17gph burn and fuel at $5.75/gal
Engine reserves $43.00 with the 949 SMOH and a $40,000 cost to rebuild
Routine MX $10.00/hr

All of that does not consider the depreciation you would get on your taxes, but even with that it still doesn't make financial sense as a small business owner to have an airplane. It makes sense if you have the cash flow to afford it and want to have fun, but never works out to be a good financial move.