AIRPLANE OWNERSHIP! Do you want to BUY A PLANE? The PROS AND CONS of owning an airplane! 

Thank you!!

I think you have something on your channel set as private. I was going to try to share this video and tagged you on my RU-vid channel but your name does not come up as available for tagging

Did you sell your kidney yet? I know a pilot who lives in my building who has his lungs for sale.

Thank you Wayne!!!

I'm glad it was helpful!

Thank you!

Thank you!!! :)

Hahaha! Good luck with your decision!

It is a learning process. Try to enjoy the journey and take your time. You will find the right airplane!

You're welcome. I hope it's helpful. Glad to hear you're flying!!

Thank you!

I love quotes!!

You will love it!

Thanks Dave!

Whoa!! That is expensive!! Yikes!😱

Good luck Scott! I am confident you will own your dream plane!! That's a great choice. Budget, budget, budget, right?!?

I think you're my twin, except I'm a year behind you and up north... Good luck on your ventures and hope it works out for us both!

I would love to get into more taildragger flying!! I received my endorsement last fall in a Cub but am hoping to eventually transition to a taildragger of some sort. I am very familiar with the Red Stewart airfield in Waynesville!! I received my spin training there!! We were also fortunate to be able to attend one of the very few "air shows" there over Labor Day weekend. Such a treat these days!! :)

farmgene Thank you!!!!

Good luck in your decision!

Loved? Is it resting in peace?

Thank you!! And good luck in your search!!

Before you lease back your plane, talk to AOPA for advice--they are super helpful. You'll have to insure it for business use ($4000) rather than personal use ($1200), pay a CPA with aviation knowledge (not easy to find) to do your taxes (not sure, maybe $400/hr) plus do 100hr maintenance in addition to the annuals, plus cover the additional maintenance from greater use, and maybe incorporate it in case some bozo hurts someone with it so your assets will be safe after the law suits. Generally, you'll need it leased back 35hr/mon for 12 mons just to cover the added cost of the leaseback over owning. That's not easy. Great video by the way. I want to get a plane when I finish PPL but am scared of the costs. Your annuals seemed high unless lots of things were getting replaced. Maybe the glass cockpit makes it high? Another important cost is fuel. 10g/hr at $5.50/gal over 100hr/yr is $5500. That should be biggest part of the expense. IMHO, its hard to justify ownership; however, if your expenses are okay (college savings for kids are funded, if you have them, your retirement is funded, you have cash reserves for a year in case you lose your job, your credit cards are paid off every month) then keep the plane. Else... think about selling it outright or partnering with someone. But then its not yours any longer, and there inevitably will be conflicts about who gets it when and how much maintenance to do. Tough decision. Wish you luck. Keep safe.

@@fr2958 Thank you!!

Airplanes are currently selling at a premium!! It is definitely a sellers market! This airplane has more bells and whistles than necessary to time build. I've since sold it. It was a great airplane! It sold for close to $200,000. Like I said, more expensive than necessary. If I had to do it again, my first airplane would've been less elaborate. Buy something very simple and basic until you get through training and then decide what you really want from an airplane. :)

@@flyGIRLKelley fantastic advice. Greatly appreciate your time. Let the hunt begin!!

:). Awesome! Most of my family are still in the Nashville area. When visiting, I typically fly into Lebanon Municipal Airport.

flyGIRL Kelley That’s a nice little airport. I fly out of John Tune. I’ve consider buying an Archer, everyone that owns them loves them

Piper Pilot “I feel the need, the need for speed!” More speed would be nice. I think I’d enjoy an RV-8....

flyGIRL Kelley Lol. Too funny I’m in the exact position. Just a tad faster for my Fla trips.

Thank you!!

Thank you!

If you have a general idea of what type of plane you're interested in, you can always call a shop and ask for quotes on a typical annual for that particular airplane. They each differ.

I would think letting your experience and flight training speak for itself. If they know you're learning a lot and are a good student, they will grow to trust you. Some people are just terrified of flying, especially in small airplanes. You may not be able to cure that!

This makes me smile! You will learn to much as an airplane owner!! Good for you!

@@flyGIRLKelley Thanks! I'm definitely learning maintenance. Which is why I was so glad I did the annual with my A&P. He showed me a ton and let me get my hands dirty. Take care and hope to see you at Oshkosh or sun and fun.

@@neskyz4259 I am planning to go to Sun n Fun, if it's not canceled!!

@@flyGIRLKelley I hope I can make it as well. Will you have a booth?

@@neskyz4259 I will not have a booth. The Sporty's tent will be offering flyGIRL products!!

That is a great plan and I would recommend it if you can afford it. :)

@@flyGIRLKelley TBH, I wish I'd bought the airplane sooner. When I talked to my buddy who already has his private certificate, he suggested it. But I was too intimidated to dive in that deep.

@@1dullgeek Well. You have one now! So, enjoy it!! :)

I have not but would absolutely consider that as an option before buying a whole new engine! Thank you!

That's exciting! I've been to Cincy West a couple of times. I did sell my plane, not too long after the video was made. I'm actually in the beginning stages of building a new Van's RV-14! :). I hope your training goes well and I'm always happy to answer any questions you might have! If Cincy West doesn't meet your training needs, I can offer some other suggestions.

I need to have an oil analysis done on my new airplane. Where do you send yours?

@@flyGIRLKelley I've always used Blackstone. www.blackstone-labs.com/engine-types/aircraft/?session-id=35w0a3553zkldtjhjtezx055&timeout=20&bslauth=&urlbase=https%3a%2f%2fwww.blackstone-labs.net%2fBstone%2f(S(35w0a3553zkldtjhjtezx055))%2f

@@channell11 Thank you so much!!!!

Thank you for your patience Mark! The transition was pretty easy for me. You'll have a different sight picture but will be accustomed to it within a few flights. A low wing feels more stable to me. You have great visibility above wing now, but the view is different looking out the window because there will be a wing below you!!

Ugh! That's good to know. It's so hard to know where to take it and who to trust!

Butler Co.? Well I guess that's not in the Czech Republic...

That's what I said. A&P IA

sactu1 Thanks Jim! I appreciate your thoughts. I am interested in buying something that will go faster and that I could learn aerobatics in...so, I’m trying to prioritize.

It is definitely a seller's market!!

It was a 2006. I loved it! There are pros and cons to low wings vs high wings. I felt like it was more stable than a 172 but the visibility below you is limited whereas the visibility above you is limited in a 172. It could also be problematic to get in and out of because there is only one door, on the right side. For someone who is taller or has limited mobility, it would be more challenging to get situated.

@@flyGIRLKelley I’m starting flight training next week. Not sure if it will be in a 172 or Piper. The school uses both. I’m 6’1”. Maybe I should request the 172. It was comfortable when I was in the left seat. I guess I’ll know shortly. It sounds like you have a different plane now?

@@bobbellis3007 I did sell that airplane and have been without a plane for a while. My boyfriend and I are preparing to build an RV-14A, which is an experimental, home-built airplane. We ordered it last year. :)

@@flyGIRLKelley That should be a fun project. I ended up in the Cessna for my flight training. 😁

@@bobbellis3007 Nice! That's a great airplane!! I hope you enjoy many wonderful flight hours in it!

😱That's crazy! Hopefully, it's in perfect condition now and you will be putting lots of fun hours on it for years to come!

@@flyGIRLKelley It has an engine mod, that I love, high compression pistons in a bored out 360. Still an IO 360 just high compression 390 cylinders. The paperwork says IO 360 C1C. My instructor and I took off from KLCK left gear down because of long runway. We were asked to turn so a 747 could take off, we did. On our way home I could not get the speed I wanted. I pushed the power up. Got in the yellow with the gear down. That engine will go. I have an excuse, that was my first landing in 32 years, I can no longer get a medical but my wife is a pilot and future S-I-L is getting his license . My instructor is now flying jets so we’ll just call it a moment for him. So far no problems at all, great plane, everyone who has flown it loves it. I worked for 20 years in the airline industry and my Arrow is the equivalent of one of our Boeings coming out of D-Check, I expected a lot of problems but have had zero. I sent the state $60, see if I get in trouble.

I would recommend asking around, getting information from a local airplane maintenance shop to see what they know about the maintenance expenses, annual cost on that particular airplane; find out hangar costs; look for an online group of Bellenca Viking owners and ask questions. Also, call or send an email to an aviation insurance agent with the airplane specifics and they can give you a quote for insurance. You can get answers pretty quick from all of these locations.

Hello neighbor!! Thank you for the comments!!

Hello! That's a cool airplane!! Let me know if you ever buy one!! :)

Mostly because I was also trying to build flight hours so it wasn't necessarily about the most economical way to travel. :)

I would love a STOL airplane and I would love to have a grass strip runway next to my house! Maybe one day?? LOL

@@flyGIRLKelley Kelly, one STOL bush-plane took off after 2.5 ft with brakes applied to the wheels. That has to be a vertical take-off. If ever there were civil unrest in the US, you would have to make it to the airport to get out. That's another hoop as far as I am concerned. Look at the mad scramble in Kabul. Many didn't make it out. In my mind you've got to be able to exit whenever you want to, even when the military close the roads and airports. Best to be able to take off at night, fly as low as is safely possible and exit the hot zone. You need at least a 4-seater to be able to exit with your loved ones. Think about it. Keep safe!

I am very fortunate and do my best to be appreciative each day!

I actually did sell it back in February! It sold in 2 days!! I do miss her sometimes!! Piper Archers are great airplane and many flight school and instructors swipe them up when they go up for sale. Good luck!

I actually bought an RV-8A! I love it but have had several issues with this particular one, unfortunately. I have several friends who own RV's so I'm not giving up on it!!

Fun! What airport are you closest to?

@@flyGIRLKelley We are in between Luken and Cincinnati West.

Tiedowns and the cold is not in and of itself that bad. Just dress for the weather (layers). My issue in northern WI is all the snow. I don't want it sitting on the wings. we can get 2ft of wet snow overnight, don't want that on my wings. In AZ, at the flight school we left the planes tied down outside all year. Some airports also offered overhear cover, like at a gas station, as a cheaper alternative to a hangar. You tend to see this in warmer states.

That's exciting!! A new airplane! I just started using PlaneLogix, which is a program that helps keep up with the maintenance. As far as the Archer, I loved my Archer but it would not be able to carry 4 adults. It's more of a 2 adult, 2 small children airplane. The 182 may be a better fit if you need to be able to carry heavier passengers. I hope this is helpful! Thank you for reaching out!

Cirrus

I bought a Piper Dakota. Love it!

For an updated glass cockpit already installed, you could expect to pay $75K+

It's all relative, right? And, of course, it depends on your priorities with your personal, discretionary funds.

Hahah! No. :)

Johne Albanese That’s what I’m thinking John!! Thanks!

I sold it!!

Thank you Eric. I'm familiar with him but admit I haven't read much of his stuff or listened to podcasts. The problem is that there are only 24 hours in a day!!! Hahahaha! I need more time to watch/listen/learn from all of these people with more knowledge and experience!

@@flyGIRLKelley He argues pretty effectively that TBO is a pretty meaningless number, and you should view performing certain maintenance like performing surgery -- there are risks associated with the procedure itself. Basically, If you're taking care of your engine (oil changes, running CHTs

Eric Meyer Thanks Eric! I’ll do a search for Mike!

@@EricMeyerMusic its that fine line, and insurance will use 'on onconditon' to deny a claim sometimes.....

An oil change analysis will give you a real picture of how you're engine's running. As Eric said, if an engine failure is going to happen, it's typically shortly after a major service as opposed to an engine that has been running well for years.

I know it is very reasonable compared to other cities!

It is recommended about every 1500 hours for this particular airplane.

That's awesome! I flew with an RAF pilot in Colorado once. He was my instructor for a mountain flying course. Very knowledgeable, friendly, funny guy!

flyGIRL Kelley thank you very much ma’am have a wonderful day over in the uk raf we are still working but not as much to do lol

That's what it is!! LOL

It can be. You need to know what you're getting into, financially, before purchasing one to make certain you can afford it. :)

I don't want you to lose your house either!! Be smart and keep your priorities straight!