What are the typical costs of owning a Cessna 150-152 ?
Costs can be divided into three categories:1. Operational costs: This includes fuel, oil, and replacement of things like spark plugs, filters, tires and light bulbs. These costs remain fairly constant, and can be estimated quite accurately. For example, an owner can easily divide the cost of fuel and oil by how much of each is required for each hour flown. The average operational cost for a Cessna 150-152 is between $35 and $45 per hour, largely dependant on the cost of fuel (both aviation and car gasoline can be used with the appropriate approval.) In the winter of 2004 most airports charged between $2.50 and $3.00 per gallon for aviation fuel. 2. Fixed costs: This includes insurance, required annual inspections, the cost of parking or hangar rental, and loan payments. We won’t address the loan question here, but our downloadable worksheet provides a way to calculate the effect of loan payments on the cost of ownership. The fixed cost remain about the same, whether the airplane is flo