How much it REALLY costs to own and operate your airplane!
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- čas přidán 30. 07. 2024
- Probably the most requested video recently. Heres a cost breakdown of what it really costs to own and operate your own aircraft. Keep in mind, this isn't EVERYTHING! However, it is the majority of things you need to look out for. If you have any questions or want a more in depth cost analysis, let me know in the comments below!
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One of the best videos on GA that i've seen to date. Absolutely great information and very inspiring. I myself am considering the age old question of renting vs buying and getting back into aviation after a long break. There is truly nothing like jumping in your own plane and flying to a vacation destination to explore cross country. But one must be diligent with the financial aspect of owning a plane and this video greatly helped.
Thoroughly, thoroughly, enjoyed this !! I started Flying when I was 14 years old. My first passenger the day I got my private was my Dad ! We joined a flying club together while I was in college … what awesome memories ! Love how you talk about GA and your family, flying with your Dad … memories you’ll have forever !! Thanks for an awesome video Garrett !
How do you start flying at 14 years old?
@@rhodesxrou have parents that can afford to pay for your lessons or you talk to civil air patrol.
this guy is still my inspiration to become a pilot
U too
@@dejonnathan2499 yessss glad we have the same insparration
Same here, I started flying a couple weeks ago and definitely worth it
@@dougfox6167 really how old are you
@@StrictlySports 26 in a week and a half
Where I do my training, most of our Cessna 172S’ have the G1000 avionics. A few still have steam gauges, and we have 1 with the G5s. The G1000 is beautiful.
Enjoyed your video…..Lots of really great points on the cost of ownership. I’ve recently purchased and upgraded a 182RG with very similar Garmin equipment. I’m tracking all my costs so that I can push out a similar video soon. I do love ownership!!
Brand new private pilot and purchased a Cessna 172M 6 months ago. The fixed costs are a killer! Insurance(2000/ year) hangar rent (600/month at my airport shared space) payment on the airplane (undisclosed) etc. I feel like you would need to fly 80-100 hours a year minimum to make it more cost effective than renting an aircraft. I plan to fly 250 plus hours a year to build tine prepping for the airlines and commuting for work so that’s why I made the purchase. A bonanza A36 is on my wishlist.
Super stoked you are incorporating more GA videos!!!!!
Great video. Thanks for the excellent details/breakdowns!
Love these sorts of ownership videos!!! 👍🏼
When the subject is aviation, you are relaxed, organized, and speak with great confidence.
Yes I noticed the same thing.
Dude yes need more of this
Planes are just like boats; the happiest days are the day you buy and the day you sell it.
Lots of detail and well articulated.
I own a 96 A36 in North Carolina. Very accurate video. It ain't cheap but it is worth it!!!
Also, I see you are in Concord, my plane is in GSO. Let's connect. How can we private message.
I'm more curious about your fixed costs (hangar, insurance) variable costs (fuel, annuals, squawk repairs), and hours flown per year. Also, with the tightening insurance market, I'm curious about the approximate age of the owner (your father? mid 50's to mid 60's) and his total hours. I'll presume your fuel flow is between 13 and 17 gph? Thanks
Great video Garrett!!
Thanks for your openness about various costs. Some channels when it comes to costs is like pulling teeth.
In flight school right now at UZA, will be hopefully flying with PSA soon!
Everything you own is really the dream of many people in the world but not everyone is as perfect as you. Wish you always stay healthy and always be a handsome and successful Captain pilot, happy in life to continue to inspire good energy to all your fans.I love your channel Garett ❤️
Really very nice info
Would you recommend getting an airplane to a current IR Private pilot who is working on commercial or wait until later down the line when done with CPL, get through 1500hrs and atp, cpt and when at the airlines?
PS. Love the videos!! you have helped me motivate myself and get through my trainings and still do!
Nice tip on the VNAV waypoints with the GFC500. Didn’t know about that.
Very happy to see you and Al be miss youtoo
Hey Garrett, I really enjoy your vids!
Love the plane dude looks good
I have been a cabin crew between 2003 to 2009 on 737-200 /800...am truck driver now but I really want to get back to aviation possibly as a ground staff or aircraft handling but I don't know where to start from...pls advice me or suggestions
The video i always wanted for modern and glass avionics
So nice, thanks for sharing!!!
250k on a airframe approaching 10,000 hours? Wow. Prices are crazy. Exactly why I recently sold my 75 Arrow. Nutty money flying around. I got almost 20% more than my purchase price 4 years ago. Basic 6 pack, 430 non-wass, no engine monitor, inop egt. It wore me down maintenance wise. Every trip I was always wondering what’s next…owning requires a huge financial commitment.
I've heard Arrows are notorious maintenance hogs
Old video, but this information is very helpful to me.
Hi dear GArrett ,nice plane also making good video ,very happy to here your voice ,keep continue
great video man
The Best Great Captain...👏🏻👋🏻👏🏻👏🏻
I’m running a GTN 650. how would you compare the 750 to that?
Thank you very much for this informative insight into the world of aviation. Even for me, which has nothing to do with aviation, very exciting. Thank you very much.😊👏👏
You're welcome
@@Flywiytgarrett Hi Garrett ray, I am johanna Baez is me Deaf mute safe
I love your videos and your channel…I wish I can be as successful like you one day…you are an inspiration:)
Can you give me a breakdown of your right panel? Not cost just the models. Is the auto pilot on top or bottom
New to the channel…so this might be dumb…but you keep saying “we.” Do you have a partner? If so, I’d love a video about how you structured your partnership, how that’s worked out for you, etc etc. I want to buy a plane, but the costs seems so impossible to cover without a partner.
I would like to say though, you are much more transparent than other aviation YTers, and I really appreciate that. Enjoying this channel!
Hurry up and release those flyt shirts
What is a good starter plane that is a reasonable price? I’m 17 and working on getting my private pilots license and I’m looking to buy my first plane after I get my license. I was thinking of a piper warrior but is there better options. I’m going to be using it as a time builder Bc I want to end up becoming a Airline pilot.
Piper warrior, Cherokee under 60k. Grumman traveler, Beechcraft musketeer or sundowner but are slower than the warrior. All these are up 10k or more the last year.
A cessna 150/152 is a great and super cheap option costing anywhere from 20k-60k on the high end for one with low hours. Only downside is that they are slow and can only cruise at around 100KIAS and most don't have any avionics at all. But they are cheap to maintain and only burn around 6GPH. Great starter plane to fly VFR.
Do you have second thoughts for buying a new aircraft
Great thanks for sharing
Could you cover at some point the costs of a flight? You talked about the fuel and the cost of an hour of flying but what about like landing fees, etc.? Is there some fees for ATC? Any other fees? What if you do a training and do some multiple landings, do you get charged multiple time? And how different it is for a commercial flight? Thanks.
No and no and it does not matter lol
You never pay ATC lol
Thank you for sharing your wonderful video 👍👌🥰❤🙏
Great overview.
Mr.Garrett is great person 🇱🇰
Sounds like you are flying out of Concord just north of Charlotte.
Very professional with you easily♡
Give little bit time for your best friend who miss you always and waiting for your video too
Your bonanza is very very nice and aviation is very very costly. Now everything is going to be normal in aviation that's pretty cool. It's your dream job and enjoy the job
Cheers!
Good information
Who did your avionics. I’m getting prices wayyyyy higher. Especially on the auto pilot
Well-done it amazing plane base love sky and perfect landing🌻🇺🇲🇺🇲🇺🇲🇺🇲 🇺🇲
He’s amazing guy
Wow very nice and kreeennn bosssss
How are you making money with the airplane
Unless you fly a lot, always cheaper to rent than buy. I’ve owned two and was happiest when they sold and let someone else handle costs, which never stop. But,if you have lots of money, go for it.
If you were to buy a plane today with similar specs what would you buy? -
Yes my first 😘😘Garrett handsome looking 💞💞
Hi garrett ✈️ oh my G ! So cute so nice 👍
Cmom guy almost 100k subscribes
Have you FB account?
Sup I'm a new fan
I've been a fan since 8 month I just got a new account
I want to work at delta Airlines, but I'm a Srilankan, so will I be able to work at delta?
not a professional pilot myself, but from research you would have to take ppl lessons in America instead of srilanka, that is if you still live in srilanka
Hello
@@Flywiytgarrett Hello, any tips on how to make it to flight school, if I dont make as much money as some other student pilots do?
Garrett, what about finance costs? Not many people have $200K just sitting in the bank.
Hi Andrew
You did fail to mention one thing while sitting in the cabin talking about the instrumentation.
You failed to turn around and say it even includes the Beechcraft bonanza standard sheepskin seat covers.
I mean it’s not really a bonanza unless you have sheepskin in it🤣🤣
Kopegi cok guzel
It’s yours or your Dads?
“We”
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Really you bonanza N49JL
How much does it cost to own and operate an airplane: A LOT!
If you have to ask how much, you probably can't afford it, and I've owned a couple, and operated a whole bunch more.
The dislikers are obviously Cessna 210 owners :)
Hi pilot garrett. I am johanna Elizabeth baez de pina yes me deaf mute same yes but talk me
How do u afford this …..
He does not afford it. It’s his dads. Who I’m sure is a 60 ish year old captain at a American.
Content about GA and airline pilot careers are best. The vlogs aren’t as good.
Those 2 G5s should only be around 6k before install.
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Nice aircraft! But just can't shake how does someone who thinks he is in the green even when just 2.5 months of cost of ownership and unforseen costs have already eaten into his "profits", how does someone like this have the financial stability to afford an aircraft like this.... must have enough money to be able to pretend like that.
If I were to follow the same "business plan" to flip houses, I would be broke.
Yes, you would get more money than you paid for it if you sold in an uptrend market, BUT by that time, you have already spent all that "profit" in ownership cost.
Basic finances 101.
I like to pretend that fixing and doing my own maintenance on my boat offsets the cost of ownership, but I know I'm lying to myself. The more I use it and the longer that it sits in my garage the more it is slowly eating away at any "profit" I could make from selling it. And boats have gone up in price since I bought it. And those are the raw true numbers. Unless you have enough money to pretend they are not.
“This is my dad’s bonanza, I’m really fortunate he’s worked a lifetime to afford a plane like this. I’m lucky to be able to fly it when he lets me.”
Three year regional pilots don’t own mint A36 bonanzas folks. This guys dad is the inspiration.
Just some real inspiration. If you want to buy a plane like this on a pilots salary……and really afford it. Your going to have a few more grey hairs and hours under your belt then a junior bird man.
Not married, no kids, no mortgage. It’s easy actually.
loans exist. It also appears you haven't been following recent trends in pilot pay
💌❤💘
You and your dad so rich
And people want to own flying cars. 🙄
Your videos are so long they make me bored 🙂
Beautiful plane!!!! Good dog to...Thanks for the bad news!!!!! Just kidding.
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“We”