A common question, how much does it really cost to own and fly your own airplane. Here are my exact numbers for 2020. I know these costs are subject to change, maybe even dramatically year to year, but as this was the first year of ownership, it felt it important to share. Overall I love owning an airplane, and in my case the costs are manageable. I will say, if you think it's going to be a stretch financially, it is probably not the wisest decision.
https://www.bonfire.com/store/aviation-gear/
Detailed Mooney Walkaround - https://youtu.be/AhEtOAbjhSA
0:00 - Intro
0:36 - The details of my Mooney
3:00 - Cost of Insurance
3:45 - Storage (Hangar)
4:40 - Maintenance
5:55 - Fuel
6:30 - Totals / hourly breakdown
7:10 - Is it worth it?
#generalaviation #mytimetofly #mooney