If you only need two seats, it doesn't get much cheaper than a Colt...four seats, a Pacer/Tri-pacer is a bargain. I just looked on Barnstormers, and there were 3 colts, all with low time engines, all in the "$15k" range.
This is kind of the high end for a cheap airplane. It's a Bi-Wing and looks really kewl:
https://www.kohls.com/product/prd-2288417/red-tool-box-diy-wood-airplane-building-kit.jsp?ci_mcc=ci&utm_campaign=EC TOYS&utm_medium=CSE&utm_source=google&utm_product=33168402&CID=shopping15&utm_campaignid=196835972&gclid=Cj0KCQjwsZHPBRClARIsAC-VMPDFeupdbtRSYPFat_RNdjR6dH4QAph1c8dGYlsQ8rD2IK3iOQaHWhgaAtk3EALw_wcB&gclsrc=aw.ds&dclid=COP7uPjR9dYCFYHHwAod-4QIog
Problems are the really low useful load and ****-poor range. But hey, it's cheap.
So I clicked on it! Sheesh!
True...sounds like he has at least two expense problems that need correcting.But bargain isn't just in the purchase price. What started this thread is the annual fixed costs of hangar, maintenance and insurance. While the purchase prices will affect some of that (hull coverage, for example) it won't affect most of it.
One frustrating thing from this thread, though...
I've asked around for mechanics. For years. All I've discovered is where NOT to go. It's not like they're on every corner, and while, yes, you can travel to a better mechanic, rental cost of a plane to get you there and back (and the pilot, if I have to rent one) can add quite a bit of cost.
We used to have an avionics repair shop on the field at HSV. Now, nothing. I'd like for someone to look at COM2 and find out why it sounds like crap to tower, but I have no idea where to take it that wouldn't mean an overnight trip (or worse). Actually, scratch that. I'd have to leave the plane, come back, and then at some unknown time later, go pick it up again.
Is there some super secret mechanic's society or something?
Heh. I quit using one I found on mooneyspace because of missed items, repairs I didn't ask for, etc. I'm sure that's good advice in general, but in this particular case, I switched away from a mechanic that was recommended from mooneyspace.
Eh, it's not their fault, and it -is- a good suggestion. But man, was I disappointed. I'd rather not mention the name, but it was...not a good experience. And I was dumb enough to go back three years in a row. Each time it seemed to get worse.
I realize alabama may not be the best place to try to find alternatives, but it's a freakin' mechanic desert out here.
Eh, it's not their fault, and it -is- a good suggestion. But man, was I disappointed. I'd rather not mention the name, but it was...not a good experience. And I was dumb enough to go back three years in a row. Each time it seemed to get worse.
I realize alabama may not be the best place to try to find alternatives, but it's a freakin' mechanic desert out here.
Just to have fun flying, a Champ, C-150/152, Ercoupe, etc. will fit the bill nicely. We have a C-150, and our annuals run around $600 to $700, usually with a minor "fix" or two but nothing major. Our most expensive annual in over 10 years of owning the 150 has been around $2,300. There were several issues that time, new mechanic (old one retired), and it was near when we bought the airplane so there were several things we were fixing. However, for your 200 nm trips, a 150/152 will get a little tiring, especially if you have much of a headwind. An AA1 will fly a little faster, but if I were in your position, I would be looking for a Traveler or Cheetah, or a Tiger if you want to spend a little more. They are fixed gear, so maintenance and annual will likely be less. They are a lot roomier than a C-150/152, and I think you could find a good example for $50k or so. Your insurance on a $50k hull value will be less than on a $115k hull value. They are not as fast as a Mooney, but not too far behind. I hope your decision is not to give up flying.
The A&P/IA drives a couple hours to my hangar, and we work together Fri, Sat and a little bit on Sunday. I have all panels, cowl and spinner removed before he arrives, and it's ready to fly when he leaves. Retired Army A&P from near Ft. Rucker.
The problem is, a Cheetah/Traveler/Tiger isn't any cheaper to operate than a Mooney. He'll still have insurance, hangar, etc. for just about any aircraft he owns. I'm sure operating cost differences between a Tiger and an M20 are close enough to be written off as rounding error. The only thing that will make his flying cheaper is to get lower insurance/hangar rental rates, finding a more reasonable mechanic for annuals, and/or look into getting a partner or two to split costs. Otherwise, he's going to be in the same situation, whether flying a Tiger, a Mooney, or a C150.
Tiger has no retractable landing gear and no constant speed propeller, so the annual should be a little less and you have fewer expensive things to to wrong. Is it going to make that much of a difference? Probably not. Hangars are expensive here, and if you don't hangar you can expect to get hailed on every five years or so.
A partner is probably the best solution.
I understand that there's no controllable prop and retract on a Tiger, but the Mooney ought to be a bit cheaper in terms of fuel burn per mile, so I'm sure the increased annual/insurance will be somewhat offset by fuel savings. Tigers are something like 120KTAS @ 9GPH, M20F should be around 140KTAS @ 9GPH. It works out to something like 15 minutes of engine time/2.25 gallons of fuel on a 200nm flight. You make 10 of those round trips per year and you're saving $200 over a Tiger (in theory) which probably covers the increase in annual expense. Repairs costs for the prop/gear on the M20 are another matter . . .
Nearly all of it. I bought the plane for a specific set of missions. Very little is going around the patch.But OP doesn't fly enough, something like 60 hours a year? How much is cross country where the extra speed matters?
It's worse than that, for me anyway. I run ROP, and try to keep the cylinders temps <380F. Doing that in mine requires 13.5 gph. Now, I have the IO390, so maybe that's part of it, but my fuel flow has always been higher than what most people quote. This is a bit less at 10k MSL, but I usually go home around 6-8.
It's worse than that, for me anyway. I run ROP, and try to keep the cylinders temps <380F. Doing that in mine requires 13.5 gph. Now, I have the IO390, so maybe that's part of it, but my fuel flow has always been higher than what most people quote. This is a bit less at 10k MSL, but I usually go home around 6-8.