Does it make sense to own an airplane if you are VFR only? For someone who has no intention of flying IMC and does not have to fly anywhere if weather is not adequate is it necessary to get instrument rating in order to justify ownership of an airplane. I do understand the benefits of the training etc. and it is always encouraged but for this discussion lets keep it to the ownership aspect. Appreciate the input.
Simple answer is yes, buy an airplane even if you are a VFR only pilot. You won't regret having your own plane. What part of the country do you live in? Do you get a lot of IFR weather?
The more complicated answer is, it depends on the plane you are buying. If you are a VFR only pilot looking at a Turbo Cirrus, Columbia 400, Piper Malibu or Mirage, or a P210 (or a turboprop, especially a turboprop), you will not be getting the best use of the airplane if you aren't instrument rated. All those airplanes are meant to fly high, which usually means going through clouds or up into the flight levels, where you have to be IFR.
Make sure your airplane matches your mission.
A VFR only mission doesn't require an IFR airplane.
However, this all changes if you live in the mountains. Then you absolutely want a turbo, but you don't want to be flying around in the clouds and not able to see the rocks while picking up ice.
By the way (and I doubt this is the case), I mention the turbo prop only because a turbo prop is terribly inefficient below 18,000, so if that's your budget, get an IFR rating so you don't burn through all your gas money.
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