Author Topic: Buying an airplane...advice needed...  (Read 734 times)

Offline muckmaw

  • Gold Member
  • *****
  • Posts: 3874
Buying an airplane...advice needed...
« on: August 04, 2003, 12:09:28 PM »
I need some help fast!

I've only got about 20 years before I can afford one, but I believe in doing my reserch early.

Seriously, on a ballpark level, what does it cost to buy and maintain a WWII warbird?

Say a P-51?

Anyone ever look into this?

Offline midnight Target

  • Plutonium Member
  • *******
  • Posts: 15114
Buying an airplane...advice needed...
« Reply #1 on: August 04, 2003, 12:34:14 PM »
There was one for sale at the March Air Museum about 2 years ago. I think the guy wanted 1.4 million. Maintenance I have no idea.

Offline Toad

  • Plutonium Member
  • *******
  • Posts: 18415
Buying an airplane...advice needed...
« Reply #2 on: August 04, 2003, 12:53:18 PM »
You remember the old line about if you have to ask you can't afford it?


:D

Purchase price, hangar (if you buy an warbird you'll want to hangar it), insurance, annual inspection, miscellaneous minor repairs, putting a bit away for major repairs (like engine overhauls) and then the everyday costs of flying it (gas and oil) all combine to make impressive totals. The more horsepower, generally, the more all of these things cost you.

And then there's those urges to "improve" your airplane like getting original bits and pieces to restore it back to "the way it really was".
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!

Offline GtoRA2

  • Persona Non Grata
  • Plutonium Member
  • *******
  • Posts: 8339
You can buy a P-51 here....
« Reply #3 on: August 04, 2003, 12:56:41 PM »
Only 1.6 mil!!


Courtesy aircraft

Click on invetory.

Hell this one is only 1.7mil

« Last Edit: August 04, 2003, 12:59:14 PM by GtoRA2 »

Offline muckmaw

  • Gold Member
  • *****
  • Posts: 3874
Buying an airplane...advice needed...
« Reply #4 on: August 04, 2003, 01:17:08 PM »
Screw the pony..I want the B-25!!!

And I can saw half a mil!

Oh...can I borrow half a mil?

Offline nuchpatrick

  • Silver Member
  • ****
  • Posts: 1062
      • http://www.361stvfg.com
Buying an airplane...advice needed...
« Reply #5 on: August 04, 2003, 01:36:48 PM »
Now, if I can only win fraggin lotto..

I'd try to find a P-47..or else I'd settle for a T-6.

Offline LePaul

  • Platinum Member
  • ******
  • Posts: 7988
Buying an airplane...advice needed...
« Reply #6 on: August 04, 2003, 01:39:02 PM »
Oh my....Dear Santa...


Offline BlkKnit

  • Gold Member
  • *****
  • Posts: 2090
Buying an airplane...advice needed...
« Reply #7 on: August 04, 2003, 02:51:54 PM »
heh, we installed a bombay mounted auxillary fuel tank in a B25 a few years back.  It was bound for Europe to do airshows and they give out free fuel......an extra 240 gallons makes the trip a bit less of a loss I guess.

Once a Knight is Never Enough

Offline midnight Target

  • Plutonium Member
  • *******
  • Posts: 15114
Buying an airplane...advice needed...
« Reply #8 on: August 04, 2003, 03:05:04 PM »
A-26c for "only" 350k?

Wow!

Offline Heater

  • Silver Member
  • ****
  • Posts: 1381
Buying an airplane...advice needed...
« Reply #9 on: August 04, 2003, 03:29:02 PM »
Well,

look at about $1.0 - $1.5 Million for one in good shape, and around $1000, per hour (Fuel, Maintenance, Insurance etc...) operating cost.
HiTech is a DWEEB-PUTZ!
I have multiple personalities and none of them like you !!!


Offline Fishu

  • Gold Member
  • *****
  • Posts: 3789
Buying an airplane...advice needed...
« Reply #10 on: August 04, 2003, 03:34:27 PM »
20 years?  lets see.. inflation.. age value increase... rarity value increase...

lets say you can add an extra zero into all prices.

Offline Reschke

  • Platinum Member
  • ******
  • Posts: 7724
      • VF-17 "The Jolly Rogers"
Buying an airplane...advice needed...
« Reply #11 on: August 04, 2003, 03:59:48 PM »
Same site as linked above for the Fg-1D.

A-26C CHEAP!!!!!!! Only $350,000

B-25N CHEAP!!!!!!!!! Only $425,000
Buckshot
Reschke from March 2001 till tour 146
Founder and CO VF-17 Jolly Rogers September 2002 - December 2006
"I'm baaaaccccckkk!"

Offline muckmaw

  • Gold Member
  • *****
  • Posts: 3874
Buying an airplane...advice needed...
« Reply #12 on: August 04, 2003, 05:53:48 PM »
I've got an idea...if we get everyone in AH to pool our money together, we might be able to afford a ride!

Offline MrCoffee

  • Silver Member
  • ****
  • Posts: 934
Buying an airplane...advice needed...
« Reply #13 on: August 04, 2003, 06:04:59 PM »
That sounds like a wonderfull idea. Who will get to crash it? Joking.

:D

BTW: Planning on getting some sort of futuristic carbon fiber jet in about 30 years. Civilian aviation should be cheap by then.
« Last Edit: August 04, 2003, 06:07:23 PM by MrCoffee »

Offline Holden McGroin

  • Plutonium Member
  • *******
  • Posts: 8591
Buying an airplane...advice needed...
« Reply #14 on: August 04, 2003, 10:44:52 PM »
Ask Tony Danza...

He just bought a P-51K to add to his T-6, his P-40, and his Bearcat.

Rumor he is looking for a Spit 16
Holden McGroin LLC makes every effort to provide accurate and complete information. Since humor, irony, and keen insight may be foreign to some readers, no warranty, expressed or implied is offered. Re-writing this disclaimer cost me big bucks at the lawyer’s office!