Pietenpol-List: misc costs of ownership

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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: Seibert
Dean,A hanger is really a must for a Piet. A friend here in Pa had one andleft it tied out and it really ended up looking bad. I would think thatthe moisture and all the wooden structure could be a problem. The heatbuild up in the wings during the summertime could cause some problemstoo. The extra wear and tear of the weather can cause a lot more expenseover the years than the cost of a hanger as long as hanger rent iswithin reason. A good hail storm would be a real bummer. If hanger spaceis real expensive it might be possible to share with another expermentalor ultralight. We currently have a C-182 and have had several othercessna's over the years. The Piet sure is a lot cheeper to maintain andfly. And a lot more fun to fly too. My ins. on the Piet is about $150 ayear. Just liability. C-65 parts are not cheep, but there aren't tomany. I did spring for impluse mags. Craig________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: ADonJr
Dean,Insurance? You don't need no stinking insurance unless your airport demandsit. (Of course its a good idea if you want to limit liability) I have my ownstrip and carry it on my RV6 in case I run into a King Air on the rampsomewhere. If you plan on flying locally and do not have any King Airs runinto, don't worry about insurance. I do not plan on insuring my Piet if itever gets done. Its gonna be too slow to run into even a parked airplane!Bob SeibertRV-6 N691RVPietenpol almost on gear (give me another couple of months!)________________________________________________________________________________
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Pietenpol-List: misc costs of ownership

Post by matronics »

Original Posted By: clawler
I've got a few questions about ownership and maintenance of a homebuilt (a Piet of course ;-).I'm doing a cost analysis to convince the wife that I can really afford a plane. I have found lots of opinions on the cost of building a plane. Now what I need is info on details like insuring a homebuilt and giving it a place to live.What kind of insurance is needed on a homebuilt? If you own it ouright, I assume that you still need liability insurance. What does this cost for a low time pilot (especially during the first 40 hours).What about the pros and cons of a hangar vs a tie-down. Obviously a hangar is better for the plane, but not for the wallet. I have seen many Cubs, Champs, etc tied down outside. Is there any particular problem with storing a Piet outside?Thanks for the help.Dean Dayton - deandayton(at)hotmail.com________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: ADonJr
By all means, hangar your airplane, regardless of what it is, if for no otherreason than this: Airplane maintenance, like oil changing, and other routineproceedures becomes a royal pain in the keester if your bird is out-doors. Asa result, the little things that keep your pride and joy safe do not get doneas regularly or as carefully as they would if it lived in a hangar. Often, ahigh-wing plane like the Piet will fit in a hangar with a low-wing Cherokee orVolksplane or.......You might consider a partnership in your plane. This really helps with thenon-operational costs such as hangar, insurance, etc.________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: Michael D Cuy
By all means, hangar your airplane, regardless of what it is, if for no otherreason than this: Airplane maintenance, like oil changing, and other routineproceedures becomes a royal pain in the keester if your bird is out-doors. Asa result, the little things that keep your pride and joy safe do not get doneas regularly or as carefully as they would if it lived in a hangar. Often, ahigh-wing plane like the Piet will fit in a hangar with a low-wing Cherokee orVolksplane or.......You might consider a partnership in your plane. This really helps with thenon-operational costs such as hangar, insurance, etc.Good luck, Don Cooley________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: "David B. Schober"
>I've got a few questions about ownership and maintenance of a homebuilt Dean- As Craig Lawler pointed out- insuring a Piet for liability is nottoo expensive. With hull insurance being SO expensive that can beomitted since if you built it, you can rebuild it. Homebuiltshave a poor enough reputation with the general public already, so it's myview that the least we can do is be responsible enough to insure those wetake for rides and those we might run into. We had a million dollarliability policy on our Champ and it was about $230/year. Mike C. ps- Wow ! Just think, with $ 230 you could rent a 150/172 for awhole 5 or 6 hours, eh ?PS- Dean, take your wife to the local FBO and show her how muchit would cost you to fly a 150/172 for 35 hours a year ________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: Ken Beanlands
Instead of trying to convince your loving spouse how expensive aviation reallyis, why not compare it to other recreational venues such as boating (everprice a decently sized cabin- or cuddy-cabin cruiser?), hunting (we've allread and heard about the $350/lb venison), golf (my super-cheap clubs areworth over $300, not to mention shoes, accessories, green fees, etc.), or, asI tell my wife, well, Honey, I'm not out drinking and chasing other mens'women! Although flying will never, ever be inexpensive, it is the value youput on it that makes the investment worthwhile. By the way, have you everseen a "free" puppy? Take one trip to a vet and you'll see the fallicy ofthat statement.No matter what it costs, if you can safely fit it into your budget, and youreally enjoy it, there is no valid reason not to go ahead. Otherwise, ten orfifteen years from now you will liable to be sitting around crying in yourlemonade about how "if only I had done......".In other words, ENJOY THE DAMNED THING!!!!!!!________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: Ed0248
If you need to justify it to your wife your already in trouble! A woodairplane needs to be in a hangar. No question about that. When I bought myHoward, I made a pact with myself, if I can't provide a hangar, the airplanegets sold.Insurance isn't required but if you have any assets I would suggest havingliability. Self insure for the hull.Maintenance is always the question. If you build an airplane and get arepairmans certificat, you can do all the work but there is still the partsissue. Here is where the hangar comes in. If left outside, you will be luckyto get 10 - 12 years on the fabric. If it's in the hangar, expect 20 ormore. The wood is always a problem when left outside. Moisture will get inthe fuselage and be trapped. If you fly often, you will dry most of it outbut it could still be a problem.Then there is the time issue. If you want to justify the expense of yourairplane, hangars here in WV are $115 per month. Thats $1380 a year for thehangar, add about $600 for liability insurance. In the north you may get 6months you can fly open cockpit. Thats about 24 weekends. Assume that itwill rain or there will be something else to do at least half of them, yourleft with about 12 weekends to fly. If you fly 2 hours each of those youwill get about 24 hours a year. Fixed costs will be $82 an hour. I don'tthink that would be3 a good cost justification!If you want an airplane don't try to justify it. You can't! It's just one ofthose things. I can't justify my cost of operation on the Howard (about$250.00 per hour), I just want it and that's all there is to it. Fortunatlymy wife is understanding enough and realizes that my life revolves aroundaviation and if put to the test she might loose. (Ever hear of AIDS,Aviation Induced Divorce Syndrom)Build yoiur airplane and fly it. Don't try to cost justify it. Do it becauseit's what you want to do.Dean Dayton wrote:> I've got a few questions about ownership and maintenance of a homebuilt> (a Piet of course ;-).>> I'm doing a cost analysis to convince the wife that I can really afford> a plane. I have found lots of opinions on the cost of building a plane.> Now what I need is info on details like insuring a homebuilt and giving> it a place to live.>> What kind of insurance is needed on a homebuilt? If you own it ouright,> I assume that you still need liability insurance. What does this cost> for a low time pilot (especially during the first 40 hours).>> What about the pros and cons of a hangar vs a tie-down. Obviously a> hangar is better for the plane, but not for the wallet. I have seen> many Cubs, Champs, etc tied down outside. Is there any particular> problem with storing a Piet outside?>> Thanks for the help.>> Dean Dayton - deandayton(at)hotmail.com>--David B.Schober, CPEInstructor, Aviation MaintenanceFairmont State CollegeNational Aerospace Education CenterRt. 3 Box 13Bridgeport, WV 26330-9503(304) 842-8300________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: clawler
On Tue, 5 May 1998, clawler wrote:> Dean,> > A hanger is really a must for a Piet. A friend here in Pa had one andctually, a recent homebuilt rag (Kitplanes, I think) had a hangar kit listed in thier new products section. It's a stainless steel tube and heavy canvas unit that sells for $2100-$4000 USD (depending on size). It's not as secure as your typical hangar, but it is a lot cheaper and still protects the plane (after all, this is the main reason for a hangar) Around here, the hangar cost could be paid off in a year or two based on the local hangarage rates.Ken________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: "Richard F. Rapp"
Ken,We just put up a pole building for the Piet. 32ft trusses. Green metal.The hardest part was drilling the post holes. Recruted lots of help. Didit in a weekend. Holds tractors and other farm stuff too. Less than$3,000.Craig________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: David Schober
About this theme (money to own a plane) there is a great book from Richard Bachin spanish the name is "El Don de Volar" I dont know the name in english butis the book that is made of one story in every chapter.... (Maybe is "Giftof Wings" but I am not shure).In one chapter he writes that any pilot can explain how the money for flyingcome from but normally we go to flying instead of bowling etc...A great book to read...My advice: Buy your airplane and keep it all you can, if you cant rise themoney to keep it (or fly it) sell it, because you dont love aviation thatmuch :-)SaludosGary Gower>If you need to justify it to your wife your already in trouble! A wood>airplane needs to be in a hangar. No question about that. When I bought my>Howard, I made a pact with myself, if I can't provide a hangar, the airplane>gets sold.>>Insurance isn't required but if you have any assets I would suggest having>liability. Self insure for the hull.>>Maintenance is always the question. If you build an airplane and get a>repairmans certificat, you can do all the work but there is still the parts>issue. Here is where the hangar comes in. If left outside, you will be lucky>to get 10 - 12 years on the fabric. If it's in the hangar, expect 20 or>more. The wood is always a problem when left outside. Moisture will get in>the fuselage and be trapped. If you fly often, you will dry most of it out>but it could still be a problem.>>Then there is the time issue. If you want to justify the expense of your>airplane, hangars here in WV are $115 per month. Thats $1380 a year for the>hangar, add about $600 for liability insurance. In the north you may get 6>months you can fly open cockpit. Thats about 24 weekends. Assume that it>will rain or there will be something else to do at least half of them, your>left with about 12 weekends to fly. If you fly 2 hours each of those you>will get about 24 hours a year. Fixed costs will be $82 an hour. I don't>think that would be3 a good cost justification!>>If you want an airplane don't try to justify it. You can't! It's just one of>those things. I can't justify my cost of operation on the Howard (about>$250.00 per hour), I just want it and that's all there is to it. Fortunatly>my wife is understanding enough and realizes that my life revolves around>aviation and if put to the test she might loose. (Ever hear of AIDS,>Aviation Induced Divorce Syndrom)>>Build yoiur airplane and fly it. Don't try to cost justify it. Do it because>it's what you want to do.>>Dean Dayton wrote:>>> I've got a few questions about ownership and maintenance of a homebuilt>> (a Piet of course ;-).>>>> I'm doing a cost analysis to convince the wife that I can really afford>> a plane. I have found lots of opinions on the cost of building a plane.>> Now what I need is info on details like insuring a homebuilt and giving>> it a place to live.>>>> What kind of insurance is needed on a homebuilt? If you own it ouright,>> I assume that you still need liability insurance. What does this cost>> for a low time pilot (especially during the first 40 hours).>>>> What about the pros and cons of a hangar vs a tie-down. Obviously a>> hangar is better for the plane, but not for the wallet. I have seen>> many Cubs, Champs, etc tied down outside. Is there any particular>> problem with storing a Piet outside?>>>> Thanks for the help.>>>> Dean Dayton - deandayton(at)hotmail.com>>>>>-->>>David B.Schober, CPE>Instructor, Aviation Maintenance>Fairmont State College>National Aerospace Education Center>Rt. 3 Box 13>Bridgeport, WV 26330-9503>(304) 842-8300>>________________________________________________________________________________
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Pietenpol-List: Re: misc costs of ownership

Post by matronics »

Original Posted By: "Richard F. Rapp"
Gary Gower wrote:> > About this theme (money to own a plane) there is a great book from Richard Bach> in spanish the name is "El Don de Volar" I dont know the name in english but> is the book that is made of one story in every chapter.... (Maybe is "Gift> of Wings" but I am not shure).> > In one chapter he writes that any pilot can explain how the money for flying> come from but normally we go to flying instead of bowling etc...> > A great book to read...> > My advice: Buy your airplane and keep it all you can, if you cant rise the> money to keep it (or fly it) sell it, because you dont love aviation that> much :-)> > Saludos> > Gary Gower> > >If you need to justify it to your wife your already in trouble! A wood> >airplane needs to be in a hangar. No question about that. When I bought my> >Howard, I made a pact with myself, if I can't provide a hangar, the airplane> >gets sold.> >> >Insurance isn't required but if you have any assets I would suggest having> >liability. Self insure for the hull.> >> >Maintenance is always the question. If you build an airplane and get a> >repairmans certificat, you can do all the work but there is still the parts> >issue. Here is where the hangar comes in. If left outside, you will be lucky> >to get 10 - 12 years on the fabric. If it's in the hangar, expect 20 or> >more. The wood is always a problem when left outside. Moisture will get in> >the fuselage and be trapped. If you fly often, you will dry most of it out> >but it could still be a problem.> >> >Then there is the time issue. If you want to justify the expense of your> >airplane, hangars here in WV are $115 per month. Thats $1380 a year for the> >hangar, add about $600 for liability insurance. In the north you may get 6> >months you can fly open cockpit. Thats about 24 weekends. Assume that it> >will rain or there will be something else to do at least half of them, your> >left with about 12 weekends to fly. If you fly 2 hours each of those you> >will get about 24 hours a year. Fixed costs will be $82 an hour. I don't> >think that would be3 a good cost justification!> >> >If you want an airplane don't try to justify it. You can't! It's just one of> >those things. I can't justify my cost of operation on the Howard (about> >$250.00 per hour), I just want it and that's all there is to it. Fortunatly> >my wife is understanding enough and realizes that my life revolves around> >aviation and if put to the test she might loose. (Ever hear of AIDS,> >Aviation Induced Divorce Syndrom)> >> >Build yoiur airplane and fly it. Don't try to cost justify it. Do it because> >it's what you want to do.> >> >Dean Dayton wrote:> >> >> I've got a few questions about ownership and maintenance of a homebuilt> >> (a Piet of course ;-).> >>> >> I'm doing a cost analysis to convince the wife that I can really afford> >> a plane. I have found lots of opinions on the cost of building a plane.> >> Now what I need is info on details like insuring a homebuilt and giving> >> it a place to live.> >>> >> What kind of insurance is needed on a homebuilt? If you own it ouright,> >> I assume that you still need liability insurance. What does this cost> >> for a low time pilot (especially during the first 40 hours).> >>> >> What about the pros and cons of a hangar vs a tie-down. Obviously a> >> hangar is better for the plane, but not for the wallet. I have seen> >> many Cubs, Champs, etc tied down outside. Is there any particular> >> problem with storing a Piet outside?> >>> >> Thanks for the help.> >>> >> Dean Dayton - deandayton(at)hotmail.com> >>> >> >> >> >--> >> >> >David B.Schober, CPE> >Instructor, Aviation Maintenance> >Fairmont State College> >National Aerospace Education Center> >Rt. 3 Box 13> >Bridgeport, WV 26330-9503> >(304) 842-8300> >> >> >> >> >> >The book is indeed "A Gift of Wings" and it's a compilation of magazinearticles Dick wrote during the '60's and '70's. That book is near anddear to me as those were the articles I read while in high school andinspired me to continue in aviation. I've met Dick on several occasionsand have a copy of "Jonathan Livingston Seagull" autographed by him,Russel Munson, the photographer and Art Scholl, the pilot that did theflying sequences for the film by the same name.Dicks books and articles centered around NC499H, the Parks P2A are whatinspired me to go to Parks College of Aeronautical Technology and I wasalso fortunate enough to fly this airplane while it belonged to WayneAmolang of Tullahoma TN.I've given each of my kids a copy of "A Gift of Wings" when they wereabout 14 in hopes of inspiring them. It would be nice to see others dothe same.David________________________________________________________________________________
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