Required income to afford single-engine aircraft ownership?

[Rcmutz]

Owning an Aircraft doesn't require anything but the purchase price. The question should be "How much does it cost to FLY my aircraft?"

Many retired people own aircraft with just a social security income. They just don't fly them much.

Under 25 hours/year - RENT.
25-75 hours/year - Partnership
Over 75 hours/year - look at all the previous post.

If you fly over 100 hours/year it gets cheaper each hour. Aircraft are meant to fly and when they don't gremlins will cause you all kinds of expenses. The gremlins will tell your spouse that you don't need a plane.

If it flies, floats, or &ucks, better to rent then own!

 

[Sundancer]

My SWAG is about $15K per yezr in discretionary income, to finance and maintain a simple SEL 2-4 seater. Less if you pay cash, of course. Some years it won't take that much. Maybe half that for an experimental?