I am a private pilot with low hours (about 50 total) and am considering purchasing an SR20, that I expect I will fly about 100hrs/year. I have a few questions:
What should I expect as my true cost of ownership (all in - i.e., ins., payments, etc.)?
What are individuals thoughts on which year to buy (balancing wanting as new as possible, but not to be hit with higher cost and depreciation).
Would I be better off buying it as a fractional purchase (although, much of my flying will be during the weeks where I’ll have to keep the plane out of town for multiple weekdays as a time)?
What else should I consider?
Thank you for your input.