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Rental Aircraft vs. Warren Flying Club Aircraft Cost Comparison PDF Print E-mail

Rental Aircraft vs. Warren Flying Club Aircraft
Cost Comparison

 

FBO Rental 172 WFC 172
50 hours @ $150/hr = $7,500.00 50 hours @ $97/hr = $4,850.00
Possible fuel surcharges No fuel surcharges & tach time is used (~15% lower time)
'Shabby' trainer airplanes

Leather interiors, Garmin 430 GPS

You can only rent when the FBO is open You have your own set of keys and 24-hour access
You are just another renter You are a member and an owner
You pay the full going rate! * You save $2,650 (or more based on Tach vs. Hobbs time)

 

  • FBOs charge 'Hobbs Time', which starts when the key is turned on, and doesn't stop until the key is turned off.  It's 'clock time' and the meter is running at the same rate the whole time.
  • Warren Flying Club member rates are based on 'Tach Time'.  When using the aircraft for training flight, the engine RPM meter or tachometer runs slowly when the engine is at idle, such as during taxiing, while 'setting up' for take-off, and during approach and landing.  The difference can be as much as 10% to 20% less in recorded time when using the aircraft for typical 'pattern work' training flight.  This means that for the example above, your actual cost may be as much as 10% to 20% lower than the estimate shown!
  • In addition to the $2,650 cost savings in the example above, your actual costs could be even lower when using club aircraft for training flight 'pattern work'.

 

*Hobbs time and Tach Time will be approximately equal when using aircraft for typical cruise flight to destinations.   Estimates based on current available information, actual costs may vary.

*Remember that you do have a buy-in cost of membership to get these rates. Once you own, you also have that equity asset to sell whenever you decide to do so.  The club planes have a value of over $250,000. In 2006 the 'par value' of club memberships was over $6,000. Three years ago because of the economy the value was ~$1,500. Today it is closer to $2,500 to purchase a membership. The value is expected to keep going back up to the club asset owned value.