RyanShort1
Final Approach
I'm not disputing that, but I think you are being overly critical of guys that choose to charge that and have willing and happy customers. You don't know why they choose the rates they do, nor do you necessarily know what all factors into their decisions for how much they charge. I see a lot of self righteousness in your posts and a lot of unfair criticism of guys that happen to be happily doing lots of good business with from what I can tell happy and satisfied customers. Also, you don't need anything (referencing your remark about credentials) to set a rate and hold out, but the market will probably decide if you are worth it. What might work one place also might not work in another based on population, overhead, competition, and market. If a guy's charging $75/hr and still in business and you try to schedule him and have to make an appointment, he's probably doing ok.$800/year for say a hundred hours of instruction works out to $8 an hour. That in itself does not justify $75/hour. You need far better credentials to command that rate than saying it's because you are carrying a CFI non-owned policy.
There are indeed some that I would gladly pay that much.....but they are few and far between.
I pay my mechanic $80/hr and don't complain. If another mechanic came on the board saying that he was overcharging and ripping people off, I would defend him since I know him personally and believe him to be worth it. There does happen to be another mechanic that charges more that I would avoid at all costs, but that is because of personal negative experience.
BTW a $200K hull value policy might be a LOT more than $800/yr. You and I both know that a lot of newer aircraft - Super Cubs, Huskys, Carbon Cubs, etc are worth a lot more than $40K.
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