Quote:
Originally Posted by navyretread
Results:
Option 1: Just under $70,000 negative value. No surprise, it's almost a straight line curve.
Option 2: Big negative jump- ($109,536).
Option 3: Biggest surprise- ($120,650).
So, over ten years, it would cost you $40 grand more to buy an old plane than to rent (maybe slightly less if you buy less plane) and a whopping $50 grand plus to buy that tricked out, brand new LSA with the low operating cost .
nrt
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Wow!!! Thanks for the very well thought out rundown. I'm so glad there are people who are smarter than me roaming the world.
I tried to figure it out on my own, but I ran out of fingers and toes
I guess I'll continue to rent . . . Up until the day I hit the MegaLottery!
BDE90