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Re: Europa-List: Europa - how much does it really cost?

Subject: Re: Europa-List: Europa - how much does it really cost?
From: Carl Pattinson <carl@flyers.freeserve.co.uk>
Date: Mon, 13 Feb 2006 19:30:33

Maintenance itself is negligible.

Apart from the occasional mod, tyre or brake lining there is little else to 
replace.

100 hrs engine servive 25 for oil and 10 for oil filter, possibly 20 for 
a set of plugs.

PFA Permit renewal 160

Insurance 1500 average per year.

Average cost of a second hand Europa about 30,000 (or less).

I wouldnt say they depreciate, but the resale values of Europas have dropped 
steadily in the last ten years.

A good quality aircraft could fetch in excess of 35,000 then but you would 
be lucky to achieve 30,000 for a similar aircraft now and I suspect for a 
quick sale, 25,000 would be nearer the mark.

Just one thing though. If you purchase a mono wheel version, expect to break 
a propeller in the first 12 months of ownership (unless you are extremely 
lucky). Cost 500 approx or more if it is a VP prop.

----- Original Message ----- 
From: "TERRY SMITH" <skyguard33-register@yahoo.co.uk>
Sent: Monday, February 13, 2006 6:44 PM
Subject: Europa-List: Europa - how much does it really cost?


> <skyguard33-register@yahoo.co.uk>
>
> Hi,
>
> In looking at the possibility of purchasing a (secondhand) Europa I 
> wondered if anyone would be prepared to comment on the two 'imponderable 
> questions' relating to aircraft ownership:
>
> 1. How much are you spending on maintenance per year (say 100 hours 
> use)???
>
> 2. What is the collective wisdom on the depreciation I should budget for?
>
> I appreciate that the desire to own and fly a Europa should easily 
> outweigh these very mundane matters but any sensible comments would be 
> welcomed!!!!
>
> Thanks,
>
> Terry.
>
>
> 



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