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<< Lancair Builders' Mail List >>
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I have been considering the purchase of a Legacy or IV with a couple of
partners. In an effort to understand the costs of building and owning this
aircraft, I have put together a fairly sophisticated Excel spreadsheet which
calculates the Total Cost of Ownership for a Lancair (Legacy). Access this
spreadsheet from:
http://www.olsusa.com/Users/Mkaye/maillist.html
Go to "News", and then hit "Coster". Download and unzip the file.
This takes many inputs (options available from Lancair, engine cost, paint,
loan term and rate, hangar, number of partners, fuel cost, etc.) and outputs
build cost, annual cost, average total cost per flight hour (based on 10
years of flying), and other outputs, both tabular and graphical. I have
found this useful for running different scenarios for options, financing,
and number of partners. My goal has been to have as thorough a financial
understanding of this project (for all involved) before we get started.
I have made this available to the list for two reasons. First, I think
other builders / potential builders might benefit. Several builders I have
spoken with have a budget which may be unrealistic when they begin an
aircraft project. Second, I would like for some experienced builders to
take a look at my numbers and give me some feedback as to how realistic
these numbers may or may not be. Thanks to those who have already
responded. I would also hope other people might come up with some ways to
improve the spreadsheet and/or customize it for their own use.
Am I on target? Please let me know your thoughts!
Thanks.
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Noah P. Forden Lockheed Martin Astronautics Senior Engineer PO Box 179,
Mechanical Design Denver, CO
Mars Surveyor 2001 Program 80201
noah.p.forden@lmco.com (303) 971-4312
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LML website: http://www.olsusa.com/Users/Mkaye/maillist.html
Builders' Bookstore: http://www.buildersbooks.com/lancair
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