Originally Posted by
r0cknry
How much would the 1/4 share in the skyhawk cost total investment? Are you talking a very new skyhawk or an old one? Do you really want the only plane you have access to, to be a skyhawk? That will probably get old very fast!
The skyhawk is $1500 annually to covering insurance, hangar fee, and taxes. Operational costs are between $55-65/hour depending on how much you fly. One year commitment on the share.
It is an older skyhawk (1979) but equipped ok for GA, KLN90, I-Pad/Forflight App w/mounts/gps/weather.
If i owned it, I'd probably not go further than a couple hours away max, and that only on occasion. Just wonder if I'd use it enough to justify paying for it. I am intrigued by the idea of not having large investment costs up front to "purchase" the share.