lml@lancaironline.net Mailing List Archive

<<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> << Lancair Builders' Mail List >> <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> Considering getting a 310. What kinds of operating costs and maintenance am I looking at? Steve Lets assume that you would fly the airplane 200 hours per year. We need to make this assumption so that we can change some of the hourly costs to annual. Lancair C-310(285hp-335hp) Initial Cost $70K-$100K $150K-$300K Annual Costs: Financing@10% $7,000-$10,000 $15,000-$30,000 Insurance $2,000-$3,000 $4,500-$9,000 Annual $1,000 $10,000 Hanger $1,800 $3,600 Per Hour Costs: 9 g/h 32-40 g/h Fuel $22.50 $80.00-$100.00 Maint $30.00 $60.00 If we use the 200 hour per year assumed flight time and also assume midrange prices for both the LNC2 and C-310, we can now see that the LNC2 will cost approximately $24,300 per year while the C-310 will cost about $72,850. What I personally do is hide the finance charge or cost of money from myself. This saves me(in my own mind) $8,500 per year. My cost are therefore only $15,800 per year. And guess what? That is exactly what my 3 year average costs have been. I purchased my LNC2 therefore it is more expensive for me to have annuals and other fixes done. C-310s along with all other Cessna twins have major AD problems with landing gear, engine mounts and engine exhausts. Be prepared to pay up to $50,000 to correct any one of these ADs. If you are really considering getting a C-310, consider getting it with a partner. This will cut all fixed costs in half. The partner will cut the cost down to(if you still fly it 200 hours per year) $51,425 per year or $36,425 if you only fly it 100 hours per year. Also, if you can use it to generate income, the tax considerations along with depreciation will help defray the cost considerably. I own both a LNC2 and a C340A(with a partner), I believe my figures to be accurate. If there are comments from other owners as to the operating costs, feel free to come back. Sincerely, -- Lorn H. 'Feathers' Olsen, DynaComm, Corp. 248-771-1010, lorn@dynacomm.ws LNC2, O-320, N31161, Y47, SE Michigan LML website: http://www.olsusa.com/mkaye/maillist.html LML Builders' Bookstore: http://www.buildersbooks.com/lancair Please send your photos and drawings to marvkaye@olsusa.com.