Folks,
A few years ago I tested a SR20 and was not convinced and had posted a thread about it. I have not had a chance to try a SR22 yet but will soon and I am still trying to convince myself that I should like the side yoke.
In the meanwhile, should I go for a SR22 or SR22T G5 in the near future, what kind of operating budget should I plan for. There is a lot of things I can figure already (such as hangar costs, annual costs, fuel costs, etc) but there are a few things I need help with:
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What kind of reasonable depreciation should I factor in. For example on aircraftcostcalculator.com I can see some tables and numbers. One shows depreciation for the first 5 years like this: 14.29%, 24.49%, 17.49%, 12.49%, 8.93%. Those numbers seem very high to me (I don’t know how many flight hours a year) because that would mean 50% in 3 years. So it is a question more for those who have already gone thru the process of buying/selling. Let’s say it is a new purchase and I fly it 100 hrs a year, everything else is well maintained, etc, what depreciation could be expected after 5 years (knowing that there likely will be a G6 version coming in the meanwhile)?
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For those using their hangared SR22 G5 or SR22T G5 about 100 hrs a year (for personal use, so no tricks with tax deductions, etc) how much hourly cost do they end up with (all included but please mention insurance premium separately as insurance obviously deeply depends on qualifications/experience/location, I personally have 600 TT PPL-SE/ME+Instruments)?
Thanks again,
Jeff