You have selected a small twin engine aircraft with fixed gear similar to a:
Are these aircraft representative of the type of aircraft you want to evaluate?
Having trouble finding this info? Check the resources below for more info:
Number of engines
Type of Gear
Size of Engine(s)
Small - 4 cylinders
Approximate hours flown each year
Average Cost of an Oil Change
Oil Change Interval
Engine and Airframe Maintenance Cost
Avionics Maintenance Cost
Annual Inspection Cost
Annual Insurance Cost
Where the aircraft will be parked
Monthly Loan Payment
Using your estimate of flight hours per year.
Your annual aircraft loan payment is $. This amount is not included in the above cost per hour or annual calculations. Depending on the aircraft type, age, and history, much of this cost may be recovered at time of sale.
Note 1: Clubs and some co-owners usually want to collect the engine and propeller reserve hourly figures within their hourly costs to themselves so that monies are on hand for future overhaul events.
Note 2: Individual owners will often refinance their aircraft if larger amounts are needed for major overhauls. These calculations do not include reserve costs for engine and propeller overhaul.
These are only a factor if you expect to keep the aircraft to TBO (Time Between Overhaul).
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