The true cost of owning your own plane

08/28/2013 | Real Cost of Aircraft Ownership blog, The

With the goal of purchasing a Piper Cherokee Six, a blogger researches financing options and breaks down the actual out-of-pocket cost. Taking into account insurance, gas to transport the airplane, sales tax, the annual IFR check, a pre-purchase inspection and closing-fees, the blogger writes, "Buying a decent, affordable plane with $12,000 down will truly cost me about $24,000 to solidify ownership."

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Real Cost of Aircraft Ownership blog, The

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