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Originally Posted by Matt13C  I thought about it. But most 152's are not IFR rated also the Comm has to be taken in a complex aircraft as I understand, which the 152 is not.
I could not find any savings after I calculated the cost of tie down, fuel, oil and normal repairs.
Even if it takes him 70 hours to get his PPL, assuming he has the bare minimum 10 hours solo, he is only saving 3000 on you teaching him for free. He can easily find a 152 to rent that would be the same or cheaper than owning it per hour flown. Plus, he still will need to pay for his comm, instrument, multi and anything beyond that.
If he plans on keeping it, then I say go for it, but I could not find any benefit to buying over renting when it came to only building time. |
I think the best way to cut costs and make a 152 an ok training expense would be to buy an IFR 152, do your private and instrument... do your initial commercial in a multi followed by a single engine commercial add on in your own aircraft (you don't need complex for an add-on), followed by getting the MEI is your initial with the CFI and CFII in your own aircraft. You really only need to go outside for 2 ratings- multi commercial and MEI.
I ran the numbers a few years ago and it did work out in my favor. I just didn't want the headache. Owning an aircraft is a lot of responsibility (which I was fine with) with the potential for a lot of unforseen costs (which I was not fine with). Thinking back to my pre-private days... I don't know how well a non-rated pilot would do with aircraft ownership. Unless you have a lot of background in aviation or know somebody with a lot of experience a non-rated person would be going into this purchase blind.
Edit: I missed the part where he is going to have his private. I don't know about those numbers. I think it'd be ok. good luck.