I was flying back home to my home airport of KDSM from KORD one day. We landed and I stopped into the cockpit to thank the pilots and we had a little chat about how I want to be a pilot and how I am starting my PPL training.

The captain turned to me and asked if I wanted to know what he wished he had done when he was getting hours. Of course, I said yes and he told me he wished he had his own plane to avoid rental fees.
He then asked if my family had a decent amount of money (lucky for me, we have a little more than most) and he said to look into it.

I've been reading a lot about it online and been looking at fees and stuff. Of course, also looking at the prices of a cheaper plane. (172, Piper Warriors, small basic planes like those) and how much they cost per hour. Of course, Insurance, Tie down/Hangar, etc.

OF COURSE the big one that is scary is overhaul. Aircraft Operating Cost -PA28-151 WARRIOR
I've been using this as well. Of course, I have no idea how accurate it is. Rental in my area runs for $120 per hour.

My dad thinks it could be a decent idea because it would teach me basic care of the plane and aircraft responsibility unlike a rental would.

So, I want input. My dad and grandfather are thinking about trying to make this happen before I go to college. Any input? Both positive and negative aspects would be greatly appreciated.

-Cameron