Buying vs Renting

[anofly]

ouch... renters are not losers... they are renters... and or pilots...

[Heliian]

I bought a 172 in 2016 for $23000 canadian with 20 hours dual. Flew it for over 400 hours in four years cost me a grand total of $6000 in annual costs and a few upgrades. Sold it this July for well over $35000.

I flew whenever I wanted for as long as i liked and did four provinces in it. But i was fully employed and in my late forties when i did this. Now i own a 182 and flew it home from BC across the country during the so called deadly panicdemic. Don’t listen to anyone who tells you bullshit excuses as to why you can’t do something. Enjoy the ride.

Oh yeah your results may vary. But either way when those losers who rent are doing circuits to keep the costs down you’ll be goinig to lunch in another province with far more interesting people.

So $1500/year in fixed costs? How much in total did you spend on your plane in 4 years? Did you have any maintenance done in that time?

How are the costs now on your 182? Do you fly floats?

[TalkingPie]

I bought a 172 in 2016 for $23000 canadian with 20 hours dual. Flew it for over 400 hours in four years cost me a grand total of $6000 in annual costs and a few upgrades. Sold it this July for well over $35000.

I flew whenever I wanted for as long as i liked and did four provinces in it. But i was fully employed and in my late forties when i did this. Now i own a 182 and flew it home from BC across the country during the so called deadly panicdemic. Don’t listen to anyone who tells you bullshit excuses as to why you can’t do something. Enjoy the ride.

Oh yeah your results may vary. But either way when those losers who rent are doing circuits to keep the costs down you’ll be goinig to lunch in another province with far more interesting people.

If you insist on bandying about the word "losers," I suspect that there'll be more than a few pilots in their 20s (or younger) who will point out that not everyone considers a guy in his late 40s first learning to fly a C172 as the archetype of a "winner." They might wonder about your "bullshit excuses" for not learning to fly a plane much earlier in life, as they did.

Or we can all just accept that different people have different experiences and priorities and we could decide not to call complete strangers names for no reason. Jackass.

[cap41]

A few intangibles..It's mine! Freedom, I fly when I want, where I want.

Plus every plane I've owned, I've sold in same price range as purchased. some a little less, some a little more.

[Kejidog]

I bought a 172 in 2016 for $23000 canadian with 20 hours dual. Flew it for over 400 hours in four years cost me a grand total of $6000 in annual costs and a few upgrades. Sold it this July for well over $35000.

I flew whenever I wanted for as long as i liked and did four provinces in it. But i was fully employed and in my late forties when i did this. Now i own a 182 and flew it home from BC across the country during the so called deadly panicdemic. Don’t listen to anyone who tells you bullshit excuses as to why you can’t do something. Enjoy the ride.

Oh yeah your results may vary. But either way when those losers who rent are doing circuits to keep the costs down you’ll be goinig to lunch in another province with far more interesting people.

If you insist on bandying about the word "losers," I suspect that there'll be more than a few pilots in their 20s (or younger) who will point out that not everyone considers a guy in his late 40s first learning to fly a C172 as the archetype of a "winner." They might wonder about your "bullshit excuses" for not learning to fly a plane much earlier in life, as they did.

Or we can all just accept that different people have different experiences and priorities and we could decide not to call complete strangers names for no reason. Jackass.

I am glad you knew that i was singling you out. Panzy

[PilotDAR]

C'mon.... To each their own, and honest wisdom to someone who wants to learn and asks.... Would a group of like minded pilots chat over coffee like that? It's rather embarrassing!

[Kejidog]

Why yes Dar i totally agree with you. But as a guy of a certain age gets called out by a child that has some issues taxiing a plane without hitting a fuel pump i take umbrage at it. Besides with all my bandying about i am sure my hurtful post will be deleted by the moderators to keep anyone from feeling “unsafe”

Keep flying. At least those of us who can.

[PilotDAR]

i am sure my hurtful post will be deleted by the moderators

Yeah, I was thinking that too - though I'm not a moderator here. Where I do moderate, what I read would be far over the line, but here, that's up to someone else...

[jakeandelwood]

If you're planning to fly only two one hour flights a month, just rent.

This raises an interesting point. I don’t believe a newly qualified pilot can reach or maintain a safe standard of pilot skill with only one or two hours a month.

To paraphrase someone helpful, If you have fewer than 1000 hours, you should plan to fly every day. That is, if you want to become a safe and competent pilot after obtaining your PPL you should expect to put in enough flight hours that the balance between renting and buying tips entirely to the buying side.

And how does your average private pilot fly everyday when the weather is crap all winter and they have a full time job?

[jakeandelwood]

I bought a 172 in 2016 for $23000 canadian with 20 hours dual. Flew it for over 400 hours in four years cost me a grand total of $6000 in annual costs and a few upgrades. Sold it this July for well over $35000.

I flew whenever I wanted for as long as i liked and did four provinces in it. But i was fully employed and in my late forties when i did this. Now i own a 182 and flew it home from BC across the country during the so called deadly panicdemic. Don’t listen to anyone who tells you bullshit excuses as to why you can’t do something. Enjoy the ride.

Oh yeah your results may vary. But either way when those losers who rent are doing circuits to keep the costs down you’ll be goinig to lunch in another province with far more interesting people.

I own a plane but sometimes all I have time for is "loser" stuff like circuits. I'm not the Matt Guthmiller type with nothing but time and avgas. I can't fly "whenever I want" because I have a full time job and a wife and kid and a house to maintain, i fly when I can and when weather permits, it's not as much as id like but it keeps me happy.

[PilotDAR]

Winter flying can make renting more attractive than owning in some cases. Unless you are keeping your plane in a hangar, and preheated as required, it can be very convenient to be handed the keys to an airplane which has been warmed up, and has no ice and snow on it!

I own two planes, and I fly practice circuits, practice forced landings (to a landing), and airworkat least several times a month. I consider them an important part of maintaining my skills.

[photofly]

And how does your average private pilot fly everyday when the weather is crap all winter and they have a full time job?

Not my problem, and not the unverse’s problem, either. Entirely Baby’s problem. WAH, Baby’s too busy or lazy or poor or lives in the wrong country, or the weather’s too bad to fly every day. Baby wants to be a great pilot. Not fair, not fair! Make Baby a great pilot! Right now! With no effort, and no sacrifice! Baby demands it! Baby deserves it!

The average private pilot is always going to suck, because the average private pilot doesn’t fly enough. If Baby cares enough about flying then Baby had better quit their job, move somewhere with better weather, or do whatever else it takes to fly every day. But whining about “Baby can’t” isn’t going to help.

I’d really love to become a champion downhill skier, but, you know what, I’m too lazy to go and buy some skis, so I guess that dream will have to wait.

Bottom line: if you aspire to nothing better than mediocre, rent.

[jakeandelwood]

And how does your average private pilot fly everyday when the weather is crap all winter and they have a full time job?

Not my problem, and not the unverse’s problem, either. Entirely Baby’s problem. WAH, Baby’s too busy or lazy or poor or lives in the wrong country, or the weather’s too bad to fly every day. Baby wants to be a great pilot. Not fair, not fair! Make Baby a great pilot! Right now! With no effort, and no sacrifice! Baby demands it! Baby deserves it!

The average private pilot is always going to suck, because the average private pilot doesn’t fly enough. If Baby cares enough about flying then Baby had better quit their job, move somewhere with better weather, or do whatever else it takes to fly every day. But whining about “Baby can’t” isn’t going to help.

I’d really love to become a champion downhill skier, but, you know what, I’m too lazy to go and buy some skis, so I guess that dream will have to wait.

Bottom line: if you aspire to nothing better than mediocre, rent.

Do you know you can actually rent skis? You can get them right on the mountain, it's very convenient. You can also rent skis and become an excellent skier and not ski every day. you can also buy the best skis money can buy and suck even if you do ski everyday. so whats the point of this stupid debate? there are crappy private pilots and excellent private pilots, if they rent or own doesnt make any damn difference. there is also some ATP rated pilots that fly ILS to ILS on autopilot everday and suck, watch some Mayday episodes to see them in action.

[photofly]

I’m willing to bet that no private pilot reached excellence in rented airplanes.

[Bede]

What a stupid argument. I am dumber for having read the last page on this thread.

[photofly]

Lol. If you're dumber for reading it, how do you feel having contributed to it?

[challenger_nami]

Owning an airplane takes money, discipline and dedication. I bought my airplane for my PPL and sold it after my CPL.
Best decision I ever made.

If you buy an aircraft, be sure you have the discipline in your flight planning. If you don’t, you might end up putting yourself in danger and no one can stop you... example: you end up VFR into IMC etc ...That is how so many private pilots end up crashing.

At least if you are renting, there are eyes on you and there are safeguards to stop you if your decisions don’t add up.

If you have what it takes, then buy. It’s an awesome experience.

[jakeandelwood]

Owning an airplane takes money, discipline and dedication. I bought my airplane for my PPL and sold it after my CPL.
Best decision I ever made.

If you buy an aircraft, be sure you have the discipline in your flight planning. If you don’t, you might end up putting yourself in danger and no one can stop you... example: you end up VFR into IMC etc ...That is how so many private pilots end up crashing.

At least if you are renting, there are eyes on you and there are safeguards to stop you if your decisions don’t add up.

If you have what it takes, then buy. It’s an awesome experience.

So what safeguards are you talking of? No one babysat me when I've rented a plane, ive had to turn around and divert in crappy weather in a rental, no one told me to, I could have kept going. I find it the other way around, i'm more cautious now that I own my own plane, if I rip the nose wheel off on my own plane it's my problem to sort out, not like a rental where I call the flying club, say sorry and call a cab.

[challenger_nami]

So what safeguards are you talking of? No one babysat me when I've rented a plane, ive had to turn around and divert in crappy weather in a rental, no one told me to, I could have kept going. I find it the other way around, i'm more cautious now that I own my own plane, if I rip the nose wheel off on my own plane it's my problem to sort out, not like a rental where I call the flying club, say sorry and call a cab.

Unless you rent from another private person, you most likely rent from a Flight Training Unit. They usually have a dispatching system which requires the renter pilot to produce the evidence that they have properly done their weight and balance, flight route planning, weather and fuel planning etc. And the airplane usually go through proper inspection in accordance with commercial requirements.

True that Some dispatchers don’t know/care about their jobs. There is always room to cheat that dispatching system and go around it for someone who is willing to. But for most parts, the system works.

Preflight planning is where most of the risky issues relating to private general aviation can be prevented. And the place which rents the airplane to the pilot, kind of forces the pilots to do their home work and flight planning.

If you get into crappy weather in flight, yes, it’s you who should make the decision what to do next. It’s called pilot Decision Making. No one can/should/will tell you what to do when you get in that situation. But if you had done your weather planning homework, you would not be in that situation.

On the other hand, the pilot who own the aircraft, does not answer to anyone. (S)he can just go flying whenever desired, without doing any sort of planning. And that’s where things can potentially go bad for private pilots and airplanes:
. Fuel Exhaustion
. Encountering Forecasted Bad Weather
. VFR to Forecasted IMC
. Preventable Engine Failures

If you don’t believe me, review the TSB & NTSB reports on general aviation accidents.

By the way, thank you for confirming my points:
Yes, if you rip the nose gear off, you need DISCIPLINE ... you can not just walk away from it. Your airplane, your baby.
Also, you need MONEY, like I said, to fix that nose gear.

Disciplined Private General Aviation Is safe and Enjoyable.

[digits_]

My longest flights I've ever done were in a rental 172. I think I might have been the only one that landed a rental plane in Eureka. Find a rental place that is willing to work with you. I rarely fly my own plane more than an hour from my home because I don't want the hassle if something breaks.

99% of the flights any PPL pilot does, can be done both in a rental or your own plane. Each has its advantages.

The FTU might have some extra checks in place, but that will rarely protect you on longer trips.

[goldeneagle]

I think I might have been the only one that landed a rental plane in Eureka.

I'm curious, what kind of plane was it, and where did you get fuel up there ?

[digits_]

I think I might have been the only one that landed a rental plane in Eureka.

I'm curious, what kind of plane was it, and where did you get fuel up there ?

It was a 172: viewtopic.php?f=25&t=75176

Bought some barrels of fuel from a guy in Resolute Bay who had a stash in Eureka.

[propfeather]

I think I might have been the only one that landed a rental plane in Eureka.

I'm curious, what kind of plane was it, and where did you get fuel up there ?

It was a 172: viewtopic.php?f=25&t=75176

Bought some barrels of fuel from a guy in Resolute Bay who had a stash in Eureka.

He's the Emperor of Resolute

[photofly]

I met two beefy German guys at BIEG a few years ago, going back to Germany from Canada in their rented club 172. (It had some skind of extra tank permanently installed in the baggage compartment, but they were BIG people and I didn't want to think about the W&B too much.)

[digits_]

I met two beefy German guys at BIEG a few years ago, going back to Germany from Canada in their rented club 172. (It had some skind of extra tank permanently installed in the baggage compartment, but they were BIG people and I didn't want to think about the W&B too much.)

I love hearing stuff like that. It's surprising though, considering how stringent European Aviation and its rules are, that clubs allow this kind of thing. It's great!