Sorry for what is probably one of the most often asked questions, but I'm at the brainstorming stage to start the plane purchase discussion with the wife.
Budget of $40,000 yearly and plane will be used for business.
The mission:
1) 300 mile commute one way (Average 2 round trips weekly = 1,200 miles a week)
2) Commute is along California Coast from San Francisco to Santa Barbara (IFR Fog, but no ice, severe weather is rare, etc..)
3) Weekend commute would include a family of 4 - all skinny light-weights
4) Other flight trips would be to Tahoe, Bishop, and the Sierras maybe 5-10 times per year.
What I Value Most:
1) Speed - It's a commute, the less time I'm traveling and with the family the better
2) Cost - I don't want to feel like I'm working just to pay for my plane
3) Avionics - G1000 for the Sierras and auto-pilot for the commute would help manage the frequent flights and make the family feel like they are flying in a safe and modern plane
Planes on my list:
Cessna 182T
Cirrus SR-22 (Operational costs look too pricey)
Why purchase vs. commercial?
I currently do this flight commercial (1hr:15min one way) and spend around $40,000 yearly. I'm trying to see if I could actually decrease or break even my flight costs while increasing the frequency of my flights. The benefits of being able to bring passengers, my dog, my bicycle, and ability to not worry about missing my flight, or where to park my car. At the moment my dog has to stay home with a dog sitter and that costs money/stress as well. One last bonus is the adventure of sharing flying with my kids vs. simply arriving at an airport with my luggage seems like a positive teaching influence for my kids (I could be wrong). I also have my pilot license and don't use it much. It seems I should be leveraging it to the benefit of my current traveling need and enhancing my families life.
Thanks for your help in picking a plane!
If you think there's a better strategy such as a plane share, lease back to a school, etc.. I'm all ears. Based on my frequent and un-predictable flying schedule I don't think those options work out very well. But I only know what I know, the community here has probably experienced my situation many times over and could educate me.
Budget of $40,000 yearly and plane will be used for business.
The mission:
1) 300 mile commute one way (Average 2 round trips weekly = 1,200 miles a week)
2) Commute is along California Coast from San Francisco to Santa Barbara (IFR Fog, but no ice, severe weather is rare, etc..)
3) Weekend commute would include a family of 4 - all skinny light-weights
4) Other flight trips would be to Tahoe, Bishop, and the Sierras maybe 5-10 times per year.
What I Value Most:
1) Speed - It's a commute, the less time I'm traveling and with the family the better
2) Cost - I don't want to feel like I'm working just to pay for my plane
3) Avionics - G1000 for the Sierras and auto-pilot for the commute would help manage the frequent flights and make the family feel like they are flying in a safe and modern plane
Planes on my list:
Cessna 182T
Cirrus SR-22 (Operational costs look too pricey)
Why purchase vs. commercial?
I currently do this flight commercial (1hr:15min one way) and spend around $40,000 yearly. I'm trying to see if I could actually decrease or break even my flight costs while increasing the frequency of my flights. The benefits of being able to bring passengers, my dog, my bicycle, and ability to not worry about missing my flight, or where to park my car. At the moment my dog has to stay home with a dog sitter and that costs money/stress as well. One last bonus is the adventure of sharing flying with my kids vs. simply arriving at an airport with my luggage seems like a positive teaching influence for my kids (I could be wrong). I also have my pilot license and don't use it much. It seems I should be leveraging it to the benefit of my current traveling need and enhancing my families life.
Thanks for your help in picking a plane!
If you think there's a better strategy such as a plane share, lease back to a school, etc.. I'm all ears. Based on my frequent and un-predictable flying schedule I don't think those options work out very well. But I only know what I know, the community here has probably experienced my situation many times over and could educate me.