What Does It Really Cost to Own and Fly Your Own Plane?

Поділитися
Вставка
  • Опубліковано 15 чер 2024
  • Click here harrys.com/trent to get your Starter Set from Harry's for just $3!
    This video came by popular demand from comments asking how much my operating costs are. I have hid it from myself for long enough so hopefully this can be of some assistance to anyone looking to buy an airplane of their own.
    Be my wing man and join in the adventure: goo.gl/sW5J5o
    Grab our new Mountain Pilot hat and more at: www.TrentPalmer.com/shop
    For more of my adventures follow me on instagram: / trentonpalmer
    Facebook: / pilottrentpalmer
    Music:
    Song 1 (B Roll Oil Change): Bloodstream
    by: Iolite
    Song 2: Highlife (instrumental version)
    by: Chris Valentine
    Licensed by Music Bed
    Get a free trial of the best music for your videos: share.mscbd.fm/TrentonPalmer
    The Gear I used for this video:
    Fuji X-T3 - amzn.to/2EE3WU7
    My on camera mic - goo.gl/GNsHF6
    The Gimbal/Stabilizer I use: amzn.to/2HFXYl3
    #Airplane #Pilot #Aviation
  • Розваги

КОМЕНТАРІ • 1,3 тис.

  • @davidkreutzkamp6602
    @davidkreutzkamp6602 4 роки тому +1228

    Here is the breakdown:
    Acquistion:$39,000 / $20,000 USD or find financing.
    Fuel: 5 gal per hour / $4 Gal average
    Oil: $62 every 25 hrs
    Hourly operating those two costs = $22.50 a hour ($1,125, 50 hrs - $3,375, 150 hrs)
    Garmin database: $200 annually
    Annual Inspection: $500 annually (experimental)
    Hangar: $300 (huge disrepency regionally)
    Insurance: $2,400 annually ($125,000 hull value, Off-field landings)
    Reserves not covered.
    Wear and tear not covered.
    Loved the video and b-roll intro oil chance Trent!
    Interesting stuff considering I'm evaluating getting back into flying again and as a father and new homeowner every dollar can count :)

    • @PS-nf3xw
      @PS-nf3xw 4 роки тому +34

      So you need an awful lot of money. Not possible for college student on scholarship eh

    • @ricktoberfest
      @ricktoberfest 4 роки тому +38

      Sudarshan Pujari since a college student can barely afford a crappy car- probably not

    • @PS-nf3xw
      @PS-nf3xw 4 роки тому +4

      @@ricktoberfest sigh, not even Evan's volksplane?

    • @politicalsheepdog
      @politicalsheepdog 4 роки тому +12

      To cut some costs, I would have to have my own runway and hanger on my property. I would be a Sport Pilot so I'd get the Certification of Repairmen (Light Sport Aircraft).

    • @Mongoswede
      @Mongoswede 4 роки тому +14

      @@ricktoberfest You can fly some really expensive airplanes in Flight Simulator and get some decent control setups for reasonable money. Maybe not as good as real but certainly a way to play until the money is there to support the real.

  • @jimaperkins
    @jimaperkins 4 роки тому +1458

    Let me simplify this for every one: Owning a plane is about the same cost as a nice sports car. However, when you get a sports car up to 75 miles per hour and pull back on the steering wheel...........nothing happens.

    • @rceric1
      @rceric1 4 роки тому +105

      I’m stealing that when explaining why I fly to friends and family..

    • @lightfoot9485
      @lightfoot9485 4 роки тому +5

      The reason I sold my "72 340 Cuda" Car? or Family?

    • @50shadesofcerakote
      @50shadesofcerakote 4 роки тому +18

      @@lightfoot9485 dunno if i woulda sold that to be honest...

    • @MrJamespcastle
      @MrJamespcastle 4 роки тому +3

      Yep! Nicely said!

    • @bloodmoongrizzlythefirst6492
      @bloodmoongrizzlythefirst6492 4 роки тому +13

      Most of all you hope to god it doesn't come off the column lol

  • @TheRealGuywithoutaMustache
    @TheRealGuywithoutaMustache 4 роки тому +778

    That was the most epic oil change I've ever witnessed

    • @chevyon37s
      @chevyon37s 4 роки тому +15

      Just Some Guy without a Mustache you sir have not seen me change oil.... where I make an epic mess

    • @ctsteve1967
      @ctsteve1967 4 роки тому

      Tell me why, oil came out oil went in. And

    • @BrianBushRacing
      @BrianBushRacing 4 роки тому +1

      Haha same

    • @infernalchaos1066
      @infernalchaos1066 4 роки тому +11

      One doesn't see enough oil change montages these days.

    • @LumenArty
      @LumenArty 4 роки тому +7

      Bruh, how much youtube do you watch?

  • @SteFly
    @SteFly 4 роки тому +115

    That was the most epic and cinematic oil change I have ever seen! Nice to compare your costs with the costs of my sailplane.

    • @martinchildsmusic9297
      @martinchildsmusic9297 3 роки тому

      sailplane goes up, sail plane goes down, constrained by your coma inducing thermals and your coma inducing landing stories. Not even close to compare matey

    • @xC4N4D14NB4C0Nx
      @xC4N4D14NB4C0Nx 3 роки тому +3

      Let's be real, Glider pilots are basically wizards.

  • @rydfree
    @rydfree 4 роки тому +325

    $66 per hour . So it's on par with my RC hobby of flying and crashing . Who woulda thought ,lol.

    • @stevebroomfield4000
      @stevebroomfield4000 4 роки тому +3

      RydFree Don’t crash! Lol.

    • @ctsteve1967
      @ctsteve1967 4 роки тому

      but you do not need a A&P IA to repair the Model And when you get to 75K on models let us know.

    • @TheDowntimesfl
      @TheDowntimesfl 4 роки тому

      Also Don;t forget that hanger rental is cheap as all get out. a warehouse in the projects cost 2x that a month here.

    • @mikercflyer7383
      @mikercflyer7383 4 роки тому +2

      Ha Ha especially when you crash a turbine airplane.

    • @pano-rific8838
      @pano-rific8838 4 роки тому

      Well there yea go. Go buy a real airplane and up your grin factor. Enjoy the view and the freedom of leaving the ground and maybe taking someone up with you to have someone to enjoy the joy of flying with. Expand your horizons.

  • @MobWithGuns
    @MobWithGuns 4 роки тому +485

    if you think owning a plane is expensive, dont buy a helicopter

    • @ctsteve1967
      @ctsteve1967 4 роки тому +28

      Why not, at least you can keep it in the back yard

    • @chrisaerts6489
      @chrisaerts6489 4 роки тому +1

      So even a kit helo?

    • @ShadeAkeley
      @ShadeAkeley 4 роки тому +23

      @@ctsteve1967 yeah well, savings on the hangar won't make up the difference for the insurance, maintenance and fuel consumption cost :/

    • @kodiererg
      @kodiererg 4 роки тому +31

      @@chrisaerts6489 who would fly a kit copter? At least if your kit plane shits out on you, you can glide it in.

    • @awalker8112
      @awalker8112 4 роки тому +1

      @@kodiererg John Denver probably thought that also. ( TBH, I don't know the details behind his last flight)

  • @stevenkostamo1279
    @stevenkostamo1279 3 роки тому +61

    I bought water front property, and put my CH 601 on floats. The hangar rent costs go toward my mortgage, and I don't have to drive to the airport when I want to fly or do maintenance. Rotax 912, only burning 4 gal/hr. I only have liability insurance, the savings there would replace the plane in 10 years of flying. My fixed costs are less than $500/year and operating costs less than $25/hr. I bought a project plane that only needed maybe 50 hrs to get it flying. On floats I only paid $25,000 I have been flying this plane for 5 years.

    • @christopherjc54
      @christopherjc54 3 роки тому +2

      Smart man. If there's a will, there's a way.

    • @demetriosb5758
      @demetriosb5758 3 роки тому

      That’s great and all but what if you life in an area where a float plane isn’t really viable? No seaports to fly to kinda limits that prospect

    • @stevenkostamo1279
      @stevenkostamo1279 3 роки тому +4

      @@demetriosb5758 I moved 400 miles to make it happen, just lucky my wife and kids wanted the move more than me.

    • @philipboug
      @philipboug 3 роки тому

      @@demetriosb5758 So move! :-)

  • @scottboyer8450
    @scottboyer8450 4 роки тому +156

    The most beautifully filmed oil change of all time.

    • @davinderc
      @davinderc 3 роки тому

      I came down to the comments to check if the entire video was a series of silly slow-mos so that I didn't have to sit through it... Honestly, I just wanted to know how much it costs to own/operate a plane, not watch an entire film school graduation project on changing oil....

  • @tobesmith3832
    @tobesmith3832 4 роки тому +259

    Doesn’t cost any more than it did 30 years ago, it took every dime you had then and it still does.... but oh it’s worth it!

    • @chevyon37s
      @chevyon37s 4 роки тому +8

      Tobe Smith mmmm sounds a lot like drugs 🤣

    • @dsyncd555
      @dsyncd555 4 роки тому +6

      and that's why GA is dying.

    • @ctsteve1967
      @ctsteve1967 4 роки тому +6

      @@dsyncd555 ya think? if not for Exp I bet that there would be 75% less flying

    • @dsyncd555
      @dsyncd555 4 роки тому +3

      @@ctsteve1967 the cost is what has prevented me for so long.

    • @kevinm3751
      @kevinm3751 4 роки тому

      Guess it depends on where you live. Has not been my experience!

  • @Rv12_pilot
    @Rv12_pilot 4 роки тому +67

    “Buying the airplane is the cheapest thing you will do when buying a plane” -my CFI, he owns 3 planes

  • @TheFinerPoints
    @TheFinerPoints 4 роки тому +52

    Maintenance has never looked so good 👍

  • @andylittle9147
    @andylittle9147 4 роки тому +20

    I’m a commercial bush pilot, spent 6 years in the bush in PNG and now instructing in Australia. Loving your channel Trent (I just found it). Man you do an awesome job mixing interesting bush flying info with really cool, well edited footage. Keep it coming!

  • @rkmacdonald
    @rkmacdonald 4 роки тому +6

    I have owned my 1977 Cessna 177RG (Cardinal RG) since 1985, and I fly it about 100 hours per year. In addition to the same things that you calculated, I have added something new every year in the way of new avionics (radios, ADS-B, etc), and, of course there is my $60,000 engine that needs to be overhauled or replaced every 2000 hours. So, my calculation for my total hourly cost is now running about $200/hour, but this can go up with expensive new radios or down when I don't have any expenses like that.
    I love your videos and watch every one as soon as it is published! Great job!
    Russ
    Commercial Pilot and CFI-I
    N52636, 1977 C177RG

  • @mac-inized6569
    @mac-inized6569 4 роки тому +47

    You can't make changing oil beautifully cinematic. Trent" hold my beer and watch this "

  • @mojogrip
    @mojogrip 4 роки тому +81

    Full disclosure: that was a solid breakdown of the basics.

    • @rowdycowboy85
      @rowdycowboy85 4 роки тому +3

      Magic Mike! Cool to see you follow Trent. What are some more advanced cost break downs he maybe didn't mention?

    • @mojogrip
      @mojogrip 4 роки тому +5

      @@rowdycowboy85 Some variable cost can include: Renting a hangar away from home. Some pilots prefer to have their plane in a hangar all the time. If you're financing the plane, factor in your monthly payments. Anti-corrosion treatment may be a yearly cost for some pilots. Subscriptions for Foreflight and or Coflyt etc.

    • @julianbrelsford
      @julianbrelsford 2 роки тому +1

      Supposing you buy the plane with a loan, even if the value is steady and most of the monthly payment goes to equity, there's still interest. When you own the plane without a loan, the math comes out similarly in that, equity you have in the plane is money you didn't throw in (for example) a boring old index fund that tracks the stock market as a whole. (This is opportunity cost)

  • @halvanhercke3321
    @halvanhercke3321 4 роки тому +162

    The most important reason to NEVER add this up is so when your wife asks, “How much does this really cost?” you can honestly say you have no idea.

    • @RobbieKiama
      @RobbieKiama 4 роки тому +1

      you could also say - "not that much... I think"

    • @denizcancgsar2810
      @denizcancgsar2810 4 роки тому +1

      @@RobbieKiama Not having an idea would be honest and safest.. :)

    • @Republic3D
      @Republic3D 3 роки тому +3

      Don't tell her it costs a pair of shoes every hour.

    • @aeronutt
      @aeronutt 3 роки тому

      "Less than your swimming pool!"

  • @GlenAndFriendsCooking
    @GlenAndFriendsCooking 2 роки тому +18

    Multiply some of those costs by a 2x-4x if you own a certified aircraft.

  • @tocsoldier
    @tocsoldier 4 роки тому +22

    Great video. For anyone looking, a very solid pre-buy is a must, but still might not uncover everything. Our club bought a 172 after a solid inspection and later found a bad repair in the engine that cost us ~$12,000 just 6 months after buying. We wouldn’t have seen it unless we paid >$1000 for an engine tear down prior to buying. Not a common issue, and it increased the value of the plane, but an example that you need to be ready for anything.

    • @TrentonPalmer
      @TrentonPalmer  4 роки тому +2

      Very good point! And sorry to hear that, that is one of those horror stories that we just hope doesn't happen to us. No one in their right mind would have spent $1000+ on the engine teardown without any indications that something was wrong so I would have been in the same boat.

    • @tocsoldier
      @tocsoldier 4 роки тому +2

      ​@@TrentonPalmer A horror story, but rare. We were thankfully prepared. The biggest bummer for us was the several months that it was out of commission for overhaul.
      I also don't want to discourage anyone from buying a plane (certainly the opposite). I would just hate to see someone zero out their bank account on the purchase and be grounded shortly after because they were not ready for a major expense.

  • @CaptainCharlieBravo
    @CaptainCharlieBravo 4 роки тому +5

    TEACH ME YOUR FILMING WAYS OH MASTER PALMER! Another rad flick. Maybe another video on your filming techniques???

  • @FloridaFlying
    @FloridaFlying 4 роки тому +3

    Your cost breakdown is the most honest and accurate one I’ve seen on UA-cam. Thanks for bringing the truth!

  • @kevincanfly
    @kevincanfly 4 роки тому +81

    That’s why I fly a Paramotor, my fixed costs are the equipment purchase. I burn about 1gal/hr=$4/hr 😂. I’m working on my PPL, I’ve done my solo and now working on XC. I plan to become an instructor and I’ll let the school worry about the planes.... good video! Plane ownership is not for the average guy but there are clubs and buy-in’s. Many ways to split costs.

    • @loganreuter6072
      @loganreuter6072 4 роки тому +6

      I also feel that part 103 gets you the most freedom in aviation. Hardly any regulations and super cheap (for something that flies) as you said. Also do you even need insurance for an ultralight?

    • @kevincanfly
      @kevincanfly 4 роки тому +4

      No insurance is “needed”. One thing I do have is “Life Flight insurance”. Often times the cost of that is more than what healthcare will cover or at all. I hope n pray I never need to use it!

    • @mcbiker77
      @mcbiker77 4 роки тому +2

      Paramotor is much more wind dependant, right? So being in a windy area means a lower amount of possible flight opportunities.

    • @kevincanfly
      @kevincanfly 4 роки тому +2

      Yes, a Paramotor has a limited amount of wind it can fly in. We typically fly the “old guy hours” early morning or later in the evening. We try to avoid the mid-day thermals. As the earth heats up the atmosphere expands and contracts. We utilize more micro meteorology to seek out the best possible conditions for a safe and smooth flight.

    • @loganreuter6072
      @loganreuter6072 4 роки тому

      Ultralights only general are more wind dependant

  • @bryanbarnett2767
    @bryanbarnett2767 4 роки тому +5

    I love the cinematography, I can see why your day job is filming, the intro could easily be an oil commercial 👍

  • @flywiththeguys
    @flywiththeguys 4 роки тому +2

    Great description on the cost of owning! You nailed one aspect I missed in my video, and that was the value of the airplane and it's appreciation.

  • @ThomasHart59
    @ThomasHart59 4 роки тому +1

    Great edit on the oil-change sequence! Love how you took something as mundane as an oil-change and made it fun. Thanks for the cost info too.

  • @jessebrown1497
    @jessebrown1497 4 роки тому +26

    When all my coworkers go out to eat or spend north of $10-15 for lunch everyday at the Cafe they look at me weird and wonder why I eat PP&J and left overs almost exclusively. I tell them I would rather convert my food money into BTUs. It's far more fun.

    • @philipboug
      @philipboug 3 роки тому

      I am Australian... PP&J?

    • @flyingtigers7856
      @flyingtigers7856 3 роки тому +1

      And whats BTU's?

    • @philipboug
      @philipboug 3 роки тому

      @@flyingtigers7856 Well when I went to school it meant British Thermal Units, a measure of energy, so he may be talking about buying gas. Now, for am old Aussie like me( 77) what is PP&J..?

    • @flyingtigers7856
      @flyingtigers7856 3 роки тому

      @@philipboug Thanks for the reply! PP&J usually means peanut butter and jelly sandwich. Jelly is what we call jam! So I'm guessing he watches all his buddies enjoying $15 cafe lunches while he is chowing down a $1.50 PP&J sandwiches! Saving those dollars for BTU's!! :)

    • @philipboug
      @philipboug 3 роки тому +1

      @@flyingtigers7856 Why didn't I think of that?! Of course it is! And yes, I love peanut butter, but not with Jam... LOL (Actually, never tried that... must do it.) now, please be careful, my definition of BTUs is just what I learned, SOGR may be thinking of something completely different! hopefully he will get back to you :-) Cheers for now, Phil.

  • @JimForeman
    @JimForeman 4 роки тому +9

    Enjoyed your video but it reminded me of an old saying, "If you have to wonder what it costs, you probably can't afford it." My last airplane was a Cherokee 6 which cost $4000 for the last annual.

  • @Tinybitofageek
    @Tinybitofageek 4 роки тому

    those cinematic intro shots from 0:40 to 1:19 are so stunning, and well edited too, with perfectly matching beats. Well done, Trent, thanks!

  • @gabrielbroomfield1164
    @gabrielbroomfield1164 4 роки тому +2

    Thank you Trent for sharing this. Very helpful!

  • @ExperimentalAircraftChannel
    @ExperimentalAircraftChannel 4 роки тому +10

    EVERYONE has hobbies (or addictions :-) ) Just depends on where you want to put that $$$ effort and attention. Good video Trent! As always...LOVE the B-Roll!

    • @RADThird1
      @RADThird1 4 роки тому

      Exactly. I'm an acoustic guitar nut and next month I'll be attending the Artisan Guitar Show in Harrisburg, Pa. There I will be walking around looking at incredibly beautiful instruments handmade one at a time by some of the worlds best craftsmen/women. These things usually start in price at ~$5,000 and can and do sell for $15 to $20 thousand each. I have friends who own 5, 6, 8 of these guitars(NOT ME!) but it's all about what someone values their hobby/addiction at!

  • @iaincrockett744
    @iaincrockett744 4 роки тому +5

    I too like to avoid the numbers (always painful...) but I REALLY appreciate this video and your willingness to address this topic. As a prospective future aviator I need to know these nitty-gritty details if I am ever going to be able to make that leap. Thanks!

  • @braydentroiani7156
    @braydentroiani7156 3 роки тому +1

    I loved how you even made changing the oil look epic by making it cinematic

  • @jones616
    @jones616 3 роки тому

    Thanks very much for a quick, comprehensive cost of operation/ownership of your Kitfox. I've been watching your videos for awhile and thoroughly enjoy.

  • @scottwoods3997
    @scottwoods3997 4 роки тому +3

    Great job, Trent! As a mechanic and pilot, I wish more owners would do the research and realize that the cost of aviation is not cheap. Just like any hobby, it can be as cheap or expensive as you want. That being said, if you are going to put your butt or your family in an airplane and leave the ground, don’t be cheap. Plan ahead, make smart decisions and be safe!

  • @massacmongo995
    @massacmongo995 4 роки тому +165

    So basically an average person with a good job could afford flying if that was all they did for recreation . It'd all what's important to you . Thanks for the breakdown

    • @jackvernian7779
      @jackvernian7779 4 роки тому +14

      actually I think the nail in the coffin for me would be if the plane was a certified one and not an experimental. that 10 grand payment for an inspection would be a complete deal breaker.

    • @halfSpinDoctor
      @halfSpinDoctor 4 роки тому +13

      @@jackvernian7779 I have a certified Cessna 172, and the annuals range from $1000 - 1500. If something breaks, you can often fabricate "owner manufactured components" to avoid having to purchase a very expensive new or PMA part, but it all depends. You can get unlucky and have something expensive break.
      And of course you can always have bad luck and have a major engine issue that requires an overhaul before the 1800 TBO limit. An overhaul can range from $15,000 - $20,000, and the engine accounts for more than half the value of the aircraft, so it can represent a major loss for an owner if something goes wrong.

    • @FTIGroup
      @FTIGroup 4 роки тому +21

      If it is you hobby you can afford it. It’s no more expensive than riding dirt bikes, RC vehicles, skydiving, hunting, or going out on the weekends. Find a decent plane with decent partners and it’s more than affordable.

    • @chrisbowpiloto
      @chrisbowpiloto 4 роки тому

      Jack Vernian those are very rare and only happen if something is very wrong with the plane

    • @AkPacerPilot
      @AkPacerPilot 4 роки тому +7

      Jack Vernian it’s pretty rare that your single engine, non complex GA aircraft is going to cost you that much during an annual. The annual is an inspection, the work found on those inspections does not have to be done by an A&PIA, it can be done by an A&P. The issue with certified is it has to use certified parts in most cases. Those certified parts are typically 3 to 5 times the costs despite often being the exact same part you would use on an experimental. There is usually more to those “10K” annuals then what is shared, often it’s a failure to research AD’s prior to purchasing an aircraft and or AD’s that were pencil whipped, that results in those high costs. For example when I got my pacer, it had an AD for the exhaust that had been signed off but had never actually been done. Having got a good pre buy, it was discovered prior to me buying it, and I was able to negotiate the price to have the money to fix it. Had I not gotten a good prebuy that first annual would have cost me 6 grand in the things we found, instead of paying 35K for the plane, I paid 28K and then I covered the cost of the repair to make it airworthy. Point is, if your smart about its not that expensive.
      Honestly I spent more on my new Ford PU over the last 3 years than what I’ve spent on my plane the last 10 years. the plane hasn’t depreciated while the truck has. It’s all about perspective I suppose.

  • @Eltern10
    @Eltern10 3 роки тому +2

    Rotax 915 - proudly produced only a few miles away from where I live in Austria. KTM, Glock, Diamond Aircraft, Red Bull and Swarovski - all from Austria.

  • @traderzang5728
    @traderzang5728 4 роки тому

    Dude such a great video! I have been looking and researching for awhile and this is a good resource because you're giving real data. Thanks trent!

  • @quinnjim
    @quinnjim 4 роки тому +43

    As a comparison, my insurance on a Cessna 150 is $500 per year. That's about as low as you can get with lots of flight experience and a "low end" airplane.

    • @jackvernian7779
      @jackvernian7779 4 роки тому +4

      500 per year sounds reasonable enough

    • @TrentonPalmer
      @TrentonPalmer  4 роки тому +10

      Wow, that's cheap! Have you renewed this year yet? Rates just went up across the boar unfortunately 😕

    • @gapster46
      @gapster46 4 роки тому +1

      @@TrentonPalmer My insurance last year was $468. Beech Musketeer. Private pilot with 1200 hours and I’m not flying anymore, but I’m keeping the insurance up till I decide to sell it.

    • @quinnjim
      @quinnjim 4 роки тому +11

      @@TrentonPalmer Just paid for it in January. The Cessna 150 has a hull value of $24,000 and I have 20,000 hours with an ATP and CFI. I think all that helps. Our Cirrus was $1,500. Much higher hull value and too many orthodontists crashing them make the actuaries adjust the rates upward! :)

    • @pete365720
      @pete365720 4 роки тому

      @@quinnjim My Cherokee was costing me about $550 for same coverage. Paved tie down was $20.00 a month..at major airport.

  • @dedwin8930
    @dedwin8930 4 роки тому +3

    I agree with you milage on my truck! Dont want to know!!!!!!!! Just use it!! Thanks Trent

  • @l2rracin
    @l2rracin 4 роки тому

    With Aircraft onership you hang out at the airport more and get to know all the other pilots and others at your AP and the surrounding APs in the area , The camaraderie with your friends of many many years is priceless. Somthing you don't get from renting. Everything anymore is expensive you just have to chose the vice that makes you happy.

  • @angelreading5098
    @angelreading5098 4 роки тому

    Great video Trent,loved the artistic oil change ! you are good at what you do,happy landings and blue skies always.

  • @GATOROC1
    @GATOROC1 4 роки тому +4

    Thanks Trent - I appreciate the great information and insight on what ownership costs. As always, incredible video!

    • @ctsteve1967
      @ctsteve1967 4 роки тому

      his air plane cost more than what is stated, his new motor cost about 40 thousand

  • @sanderolsthoorn7728
    @sanderolsthoorn7728 4 роки тому +43

    O man, I should move to the USA. I can only dream of those numbers here in Europe....

    • @hempelcx
      @hempelcx 4 роки тому +5

      Trent's location and the type of plane he flies keep the numbers low. Averages for GA in the US are much higher than this video.

    • @onelyone6976
      @onelyone6976 4 роки тому +8

      Sander Olsthoorn well hope you don’t mind ridiculously exepensive education and healthcare

    • @josefstalin4532
      @josefstalin4532 4 роки тому +1

      @@onelyone6976 None of those are particularly expensive but OK..

    • @idontcare7961
      @idontcare7961 4 роки тому

      @@onelyone6976 You mean death care lol.

    • @hiddenknowledge2012
      @hiddenknowledge2012 3 роки тому

      @@josefstalin4532 Yes they are, literally thousands lol

  • @danielhare9218
    @danielhare9218 4 роки тому

    Killa B roll intro!! Thanks for shedding some light on costs. very helpful.

  • @Nalaislonley_
    @Nalaislonley_ 10 днів тому

    Thanks Trent! As always you are a great source for research as I take on this new adventure. I appreciate it!

  • @benstockert1219
    @benstockert1219 4 роки тому +14

    It’s a personal thing, owning my own LSA for me is priceless.

    • @ctsteve1967
      @ctsteve1967 4 роки тому +1

      yes that is all that matters

  • @BmHabib017
    @BmHabib017 4 роки тому +16

    I paid a little more than $20k this year renting a C172N every weekend for a little over 2 hours from my FBO. I think any way you spin this, owning your own is definitely the more inexpensive route in the long run.
    Still looking for my own plane. I'm torn between playing it safe with a C152 or doing what my heart wants and buying a Highlander

    • @kensherwin4544
      @kensherwin4544 4 роки тому +3

      Our hearts are the reason we fly so listen to yours. I swapped a Champ even for a TriPacer because my head said a guy with a family needed 4 seats. It was so much less fun to fly it! Once again, listen to your heart.

    • @Mrsournotes
      @Mrsournotes 4 роки тому

      A Toyota? 😆

    • @BmHabib017
      @BmHabib017 4 роки тому +1

      @@kensherwin4544 I want a 4-seater too and was entertaining the idea of a Mooney or going with an RV-10, both are nice.

    • @pete365720
      @pete365720 4 роки тому +1

      Look at the RANS S20 first.

    • @BmHabib017
      @BmHabib017 4 роки тому

      @@pete365720 Thanks for the recommendation! I like these so far, i'm going to read up on them more.

  • @Dan007UT
    @Dan007UT 4 роки тому +1

    THANKS TRENT. I HAVE been waiting for this video!

  • @BenFreedmanRacing
    @BenFreedmanRacing 4 роки тому +2

    Glad you did a video on this, I was wondering. I did a video on the cost of racing that people liked as well. I guess people like to dream about possibly doing this stuff!

  • @samroesch
    @samroesch 4 роки тому +3

    Haha that’s probably the most beautiful oil change footage that exists anywhere, ever.

  • @KeithKman
    @KeithKman 4 роки тому +11

    I’m surprised how inexpensive it is actually. I feel like based on the numbers of plane operational costs owning a nice boat that you took to the lake often would cost more than a plane. Pretty crazy. Thanks for the great video, Trent!

    • @TrentonPalmer
      @TrentonPalmer  4 роки тому +8

      Yeah, I used to be really into Polaris RZRs, actually raced them, and that was more expensive for me than flying!

    • @HerroRya
      @HerroRya 4 роки тому +6

      Boats are just holes in the water you throw money into.

    • @rik999
      @rik999 4 роки тому +4

      Owned a 17’ outboard on Long Island sound. Running costs were similar to Trent’s with a 6 gal/hr fuel burn @ 20 kts. Salt water is tough on equipment so maintainence and TBO were frequent. Bought new and boats are a very depreciable asset. Fixed costs were dock space, insurance etc. In all, I spent a little less than Trent for about 200 hours/year on the water.

    • @KCadbyRacing
      @KCadbyRacing 4 роки тому +2

      It can cost way more to operate what's considered an OK boat in coastal areas (minimum 21Ft with single 150hp, preferably 24Ft with minimum twin 150hp)...
      Going the rest of the way off topic, it's just plain crazy how many 40+Ft boats you see in Florida now with three or four 250-350+Hp outboards = 25K-35+K for each engine, burning anywhere from 6-11GPH each @ Slow Cruise, up to 34+GPH each @ How Big Is Your Wallet WFO 😲 Hey that's only $8.50 a MINUTE for fuel 🤪

    • @keatonhatch6213
      @keatonhatch6213 4 роки тому +1

      HerroRya you know what boat stands for right?.. B.ust O.ut A.nother T.housand

  • @flyer6931
    @flyer6931 4 роки тому +1

    Good job, Trent. Good breakdown!!

  • @BKlus
    @BKlus 4 роки тому

    This video is valid for any toy you buy, boat, sports car, side by side, snowmobile. Great video.

  • @wrenvizsla2432
    @wrenvizsla2432 4 роки тому +32

    That was a truly amazing montage of the oil change. Made something so simple and boring beautiful and amazing great job.

  • @mooseknuckle_4474
    @mooseknuckle_4474 4 роки тому +16

    My father is currently building a Rans S7 and he’s trying to get costs dialed in moving forward once the build is complete. This will be very helpful. Thanks!

    • @pete365720
      @pete365720 4 роки тому +1

      I have a S7S with 200 hours on it. So far only had to pay for oil changes. Fuel burn is about 3GPH auto fuel, so it can be done cheap.

    • @mooseknuckle_4474
      @mooseknuckle_4474 4 роки тому

      pete365720 wow!! 3 gph is unreal!

  • @Americanivcesku
    @Americanivcesku 4 роки тому +1

    It never looked this cool when I changed the oil on the C206. Great footage!

  • @motoacker
    @motoacker 4 роки тому +1

    So nice to see a transparent and honest breakdown of ownership costs. You did a great job, Trent. I wish here in Brazil we could get somewhere close to that. Besides every part, maintenance and fees being more expensive It is also way more expensive to actually buy an aircraft. We're looking at about 200k of our currency just to buy one of the cheapest aircraft you can find and about 600/700 per hour to operate. Maybe moving overseas is just about the only option for the dream of a owner/operator aircraft. Glad to see It's actually achievable.

  • @Leofred2000
    @Leofred2000 4 роки тому +4

    Are you going to take a "flight trip" any time soon? Like across the US, or up to Alaska or even Argentina? Think that would be great!

  • @ben-n-stephflyingcircus8281
    @ben-n-stephflyingcircus8281 4 роки тому +4

    I was into this until the razor commercial. I get what you're doing and why but damn! I hope this isn't the norm.

    • @RossLeavitt
      @RossLeavitt 4 роки тому

      Ben if you owned an airplane, wouldn’t you be looking to offset the cost in your UA-cam videos?

    • @ben-n-stephflyingcircus8281
      @ben-n-stephflyingcircus8281 4 роки тому +1

      Ross Leavitt I do own an airplane. I’m sure his 30k dollar airplane that burns 4 gph and takes 3 quarts of oil is breaking the bank! Maybe it’s the monster new house on the huge piece of land? Really the only thing that’s changed recently? You may have missed the part of the comment where I said I get what he’s doing and why he’s doing it. Just makes the video unwatchable in my opinion. I watch these videos for the content not advertising. Everyone does it with their shout outs to sponsor’s but a full on infomercial? It’s laughable and quite frankly sad. Sorry if my opinion differs from yours.

  • @mundodajujuba1515
    @mundodajujuba1515 4 роки тому

    the lights in your videos are amazing

  • @kensnyder2340
    @kensnyder2340 4 роки тому

    Excellent video Trent. I enjoy learning all these facts.

  • @Kurapoto
    @Kurapoto 4 роки тому +4

    Best post yet. I've subscribed and I hope others do too. Thanks Trent! Love from NZ

    • @Kurapoto
      @Kurapoto 4 роки тому +1

      thank you for all the information Trent.

  • @joentexas
    @joentexas 4 роки тому +4

    Wished I had seen this 20 years ago. Oh well, in the next life. Great videos though Mr. Palmer, all of them. Thanks.

    • @motivatedtrephome
      @motivatedtrephome 4 роки тому

      Never too late. I'm mid 30's myself and have been thinking of getting my pilots license for the last 4 years. I'm eager but now I'm getting married this year. A lot of expenses to save up for... That said, I don't want to be discouraged from flying. I truly want to fly and some day own my own personal plane. Sorry, went on a random tangent there. All-in-all, I don't think you have to wait for your next life. Go for it... Start a gofundme.com campaign, mow some lawns, team up with other people, like me, who really want to but keep pushing it off and pushing off because of the cost associated. There is support in numbers... Maybe we can set some goals to achieve. I don't know, I'm just spit balling over here. I just really want to fly when i'm not working. It's peaceful. I'm from indiana, so if you ever make it to indiana, look me up: tzlifestyle.com - love to talk shop. Till then, I want to encourage you to pursue your flight dreams. We only have one life. Live it doing the things you want. You can do it.

    • @pittss2c601
      @pittss2c601 3 роки тому

      Just find a pilot who owns a plane that you like. Pay him/her to fly you in there plane. They will let you do the flying. Pilots like me are always looking for ways to cut our costs. It doesn't matter what your age is.

  • @Pedro5antos_
    @Pedro5antos_ 4 роки тому +1

    Awesome info Trent! For sure these number are gonna motivate a few people about flying, thanks

  • @lynettadoye5892
    @lynettadoye5892 4 роки тому

    Great video! Thanks for the info Trent!!

  • @maxbootstrap7397
    @maxbootstrap7397 4 роки тому +9

    Good topic. I think we all wish for more detail, but this presentation was still a lot better than nothing. Perhaps another topic to discuss that is somewhat related to this is ... how to reduce costs via partnership with 1 or 2 or 3 other pilots, or a "club", or any other way of collaborating. Truth is, I'm looking for another 1~3 pilots in the southwest (somewhere near the junction of Nevada/Arizona/Utah) who might want to partner on a brand new airplane that is a combination of STOL (like Kitfox) plus faster, longer-range and better-fuel-economy.

    • @anthonyrstrawbridge
      @anthonyrstrawbridge 4 роки тому +1

      I disagree. Trent's mission is clear. He presented it from this perspective: His channel. I tried to do the math.... here you do it, fill in the blanks. Costs ( Fixed + Operating( -/+) depreciation
      = Value / Returns

    • @maxbootstrap7397
      @maxbootstrap7397 4 роки тому +1

      @@anthonyrstrawbridge : Not sure what you disagree with. I liked the video too, and only wish it was a bit more detailed. And the topic is definitely a good one, as I said.

    • @anthonyrstrawbridge
      @anthonyrstrawbridge 4 роки тому

      @@maxbootstrap7397 I already know about all the options so opted out from the all inclusive part. Again, that is your perception.

    • @hempelcx
      @hempelcx 4 роки тому

      To factor in a partnership you divide the fixed and reserve costs by the number of partners, basically everything else stays the same.

  • @Karl__Pierre
    @Karl__Pierre 4 роки тому +5

    Have Harry Knots...Trent has just the thing!

    • @TrentonPalmer
      @TrentonPalmer  4 роки тому

      🤣

    • @randyvanvliet226
      @randyvanvliet226 4 роки тому +1

      Trent's probably not that vain to be into Manscaping. Doubt he owns a LawnMower

  • @chrisreeves4388
    @chrisreeves4388 4 роки тому +1

    Great video. I’m asked the same question a lot as well. When I bought my first plane (‘47 Stinson 108) I kept a detailed spreadsheet. When I bought my second plane (‘53 Cessna 180) I didn’t, because it didn’t matter anymore. The passion I have surely beats out what that spreadsheet says.

  • @mrvaughn06
    @mrvaughn06 4 роки тому

    Been watching for over a year! Best video intro on UA-cam, and love your music selections keep up the good work

  • @av8tore71
    @av8tore71 4 роки тому +4

    I'm an A&P mechanic on so I can save there untill an IA has to inspect my work and then sign my Mooney M20C log books which I have 3 log books 1. Airframe 2. Engine O-360-A1D and the Hartzel prop so I spend roughly on maintenance alone and if no major work done I can spend about $2500.00 but this is not fuel, oil or insurance or hanger fees I spend $350.00 monthly on hanger fee which is heated so here in Illinois it's a god send. Or if you total it up about $7500.00 give or take a couple hundred.
    I paid more for my car insurance policy compared to insurance on my plane and the airplane insurance through AVEMCO is a million dollar policy. I don't have electric gear I have the Johnson Bar

    • @Allan_aka_RocKITEman
      @Allan_aka_RocKITEman 4 роки тому +1

      @Av8tore71 >>> FWIW, I would LIKE to build and fly my own homebuilt someday, BEFORE I become _worm food_...😊
      My probable choice will be something two-place and with fixed gear. HOWEVER, if I DID ever choose a design with retracts, I would want something SIMPLE, as you mentioned.
      Just from being a former _"Coastie",_ I am aware of at least two USCG aircraft that landed with at least one landing gear not extended {an HH-65 Dolphin and an HU-25 Falcon}. Now, I was NOT personally involved in either of those cases, NOR were there any injuries IIRC. However, the COST repairing a gear-up landing -- IF the aircraft is even repairable -- make retracts NOT a preferred option.

    • @av8tore71
      @av8tore71 4 роки тому +1

      @@Allan_aka_RocKITEman the retracts problems always seemed to be the ones that's electric or hydraulic. The Johnson Bar I mentioned is just push tubes and swivels which is just mechanical which makes it less likely to fail. There are plenty of kits out there like a Glassair 2+2. That's a nice kit it takes about 2 weeks to taxi or the Glassair II & III which is all aluminum but these are high performance aircraft. There is also Vans Aircraft which is very popular for home built. You can become a member of the EAA and you will have build coaches who can help during the build process.
      Worm food??? Not sure what you mean but people can be worm food driving to the local grocery store

  • @theartofpixels
    @theartofpixels 4 роки тому +6

    Have been looking at getting my first plane...then is video shows up...I think it's a sign haha

  • @jerrydelyea5820
    @jerrydelyea5820 4 роки тому

    Thanks Trent great info. I had been thinking about buying actually but seeing just how much I spend flying my paramotor and trike made me a bit apprehensive. As much as I would love to this info just helped me decide, so thank-you. Truly love your channel, always good entertainment and info. Cheers to you and the better half.

  • @ziggycamel
    @ziggycamel 4 роки тому

    Great topic to cover especially for those looking to get into aviation! Thank you!

  • @dukejupiter7870
    @dukejupiter7870 4 роки тому +3

    Great insight Trent insurance isn't as bad as I would expect a lot of people smoke more than 300/ month🙄

  • @chandlerlane6101
    @chandlerlane6101 4 роки тому +3

    Hey Trent how are you I am 14 right now and I know I am not old enough to fly but what would be the first steps in getting my pilots lisence

    • @masongulliver4370
      @masongulliver4370 4 роки тому +3

      Hi Chandler, I'm not sure if it's the same case wherever you are vs in Canada. But you can start flying ( and Soloing ) at 14!
      I'd say talk to your family and give a local flight school a call.
      A lot of places might do a familiarization flight for a good cost to get your started.
      Cheers

    • @navion1946
      @navion1946 4 роки тому +3

      Chandler Lane hi Chandler, I’m not Trent but I recommend you get started with learning right away. Get involved at your local airport flight school and show your enthusiasm. People will “come out of the woodwork” to help a young person get started. You can solo on your 16th birthday and get your private license on your 17th birthday so it’s not too early at all. Perhaps take an online ground school (there’s no age limit for that) like Sporty’s.com. Check out EAA.org and aopa.org for tons of resources to help a guy in your shoes to get started. I had the desire to fly at 14 but no one showed me these things. You can do it and even if you only take one or two lessons for now it will pay dividends for your future. Good luck and if you’re anywhere near Seattle pm me and I’ll try to help more.

    • @ctsteve1967
      @ctsteve1967 4 роки тому

      save your money and take the pvt written test.

    • @fastfox23
      @fastfox23 4 роки тому +1

      Also not Trent, but my thought for my nephew (he's 13) is flight school now, learn to fly well even though you can't solo, then get an ultralight (I don't believe there's an age limit for them, but double check to be safe) fly that until you can get your license and you'll be miles ahead of everyone else.

  • @alejandronovoa9883
    @alejandronovoa9883 4 роки тому +1

    Pretty good estimations , thanks for helping people out there !!

  • @Mike7478F
    @Mike7478F 4 роки тому

    An eye opener. Rock.on. Safe flying.

  • @thephotographicauditor6715
    @thephotographicauditor6715 4 роки тому +26

    If one can afford to own/operate/maintain a dually pickup, one can own and operate a fixed gear, small single engine piston aircraft.

    • @adventuresoftara
      @adventuresoftara 4 роки тому

      My dually is 2k in insurance per year. Stol plane - 5k insurance, maps 200, 3k for hanger. We arnt even close in comparison for fixed costs.

    • @hollywoodspen
      @hollywoodspen 4 роки тому

      adventuresoftara Fixed cost maybe not. But I’d be willing to bet your operating cost with fuel alone would be pretty close.

    • @super_slo
      @super_slo 4 роки тому +1

      Yeah, but the operating and maintaining isn't free on a diesel dually. I used to commute in one, had $1k/month payment, $800/month fuel. That was pre-DEF, and i had a dealer oil change program, so even more costs for the average owner now. I feel like his statement is pretty fair - for a lot less than my dually i could have been flying! 🤯

    • @thephotographicauditor6715
      @thephotographicauditor6715 4 роки тому

      Super SLo Same costs if you were making payments on a comparable plane and paying an IA/AP for all maintenance & inspections. Flying costs twice the price of driving on an x/c, except you do it in 1/2 the time. So, moot point.

    • @airgliderz
      @airgliderz 4 роки тому

      Try the far better Tesla pick up, very low fuel/maintenance costs. Plus it looks far better/cooler then any dually or Pickup made today.

  • @OverKilL413
    @OverKilL413 4 роки тому +13

    I want to live there
    In Germany it would be A LOT higher and you cant even do some bush-flying

    • @chrisr4815
      @chrisr4815 4 роки тому +2

      Germany sucks. It's more Nazi Germany now than it was when it was actually Nazi Germany.

    • @paulmarchi1393
      @paulmarchi1393 4 роки тому +9

      @@chrisr4815 Nah dude wtf

  • @humanskill
    @humanskill 4 роки тому

    Very informative video Trent. Thanks for putting it together.

  • @mikeprice4180
    @mikeprice4180 4 роки тому

    Thanks Trent for the info.

  • @brianclark8085
    @brianclark8085 4 роки тому +11

    as a A&P i would be able to tell a pilot safety wired that oil drain in first 1:20 seconds of this video

    • @stuartkcalvin
      @stuartkcalvin 4 роки тому

      Yep, I saw that as well. Next step is to send Trent twitching pliers and then explain what's what.

    • @iffykidmn8170
      @iffykidmn8170 4 роки тому +1

      @@stuartkcalvin Looks like a pair in the tool box already.

    • @stuartkcalvin
      @stuartkcalvin 4 роки тому

      @@iffykidmn8170 Mate, they weren't twitching pliers, they's was cutting pliers. There's fencing pliers, pipe cutters, wire cutters and twitching pliers.

    • @Allan_aka_RocKITEman
      @Allan_aka_RocKITEman 4 роки тому

      @@stuartkcalvin >>> _"Twitching pliers"?_ Is that another name for _safety wire pliers?_

    • @kentvandevender9731
      @kentvandevender9731 4 роки тому

      Is the twitching pliers related to twerking pliers?

  • @L2FlyMN
    @L2FlyMN 4 роки тому +8

    I keep saying some day, to keep my dreams alive.

  • @chevy791979
    @chevy791979 4 роки тому

    Thank you for this. As we all know its painful to do these. Keep it up bro. You've inspired me to start aiming towards making the world smaller by being in the air.

  • @trevornelson1300
    @trevornelson1300 4 роки тому

    Thanks for the breakdown. Seems about on par with what my pilot friends tell me too.

  • @privatecautious3643
    @privatecautious3643 4 роки тому +17

    Nothing fun is ever, cheap or even affordable when there are kids involved.
    It’s all about priorities

    • @briankgrant
      @briankgrant 4 роки тому +1

      True. And rarely, before having kids, does anyone analyze what it will cost.

    • @l2rracin
      @l2rracin 4 роки тому

      briankgrant if you did nobody would ever have any kids.

  • @Boywonder-yz8qm
    @Boywonder-yz8qm 4 роки тому +4

    $44 isn’t that bad compared to our tbm avenger at $2,000 per hour

  • @CVObservatory
    @CVObservatory 4 роки тому +1

    Sure do miss your adventures. Can't wait till you get back to regular uploads.

  • @jpwdowiak
    @jpwdowiak 4 роки тому

    Never thought an oil change could be so cinematic 😂😂 keep it up Trent, I have always looked forward to your uploads 👌

  • @JK-tu1xx
    @JK-tu1xx 4 роки тому +5

    So what you're saying is it's no more expensive to fly a plane than it is to drive a couple nice sports car or have a garage full of motorcycles 😂

  • @BrianBushRacing
    @BrianBushRacing 4 роки тому +4

    Im just shocked that Harry's founders are Jeff and Andy

  • @alistairpowers8129
    @alistairpowers8129 4 роки тому

    Great video Trent thanks for posting, yes aviation has never been cheap, and never will be, along with many other sport activities, you pay your money and takes your choice.

  • @jennieanddavis
    @jennieanddavis 4 роки тому

    Love this breakdown! Always heard ~$500 a month is a good rule of thumb. It’s great to hear your setup is close enough to that. Can’t wait to start building ours in a few years.

  • @jamesstumpf75
    @jamesstumpf75 4 роки тому +15

    So what you’re saying is I’m going to have to start stripping at two clubs to afford this?? Ugh.

    • @peterhaan9068
      @peterhaan9068 4 роки тому +1

      You can write off your tassels so it ain't all bad!

  • @plushiie_
    @plushiie_ 4 роки тому +3

    So its just like owning a decent size boat :)

    • @Bladavia
      @Bladavia 3 роки тому

      I want both aaaaaaaaarrrrgh

  • @theimpossibledreamer8541
    @theimpossibledreamer8541 4 роки тому +2

    Owning an airplane can come with surprise costs and increased responsibility, but it forces you to get to know the plane better than the old beater the FBO has for rental you only see an hour or two here and there, which in the end makes you a safer pilot. I love being able to go out to the hanger and know that my plane is sitting there ready for me to fly anytime I want, and the major bonus is that I know that I was the last one to fly it!

  • @dougarroyo794
    @dougarroyo794 4 роки тому

    Thanks Trent, another great informative video. I like watching Cory showcase the beauty of flying and Mike's "over the top" creative engineering, but I like where you might be going with your channel. Would be great to see comradery of the flying cowboys come together for more regular collaborations.

  • @sexymonkeygod
    @sexymonkeygod 4 роки тому +3

    Hell that's what I pay in year daycare for my kids.

  • @larrymedler263
    @larrymedler263 4 роки тому +4

    So your 100 dollar hamburger is about 23 minutes flight time or less.

  • @sonshinelight
    @sonshinelight 4 роки тому

    Yep. That's exactly where I'm at. Analyzing costs prior to pulling the trigger. Thanks, Cowboy.

  • @ronnotron570
    @ronnotron570 4 роки тому +1

    Artistic awesome intro... followed by great info for a perspective pilot- Great Vid!