What does it cost for you to own your plane?

[clamac]

I dont own a plane yet but hope to soon. I was wondering what should I plan for, on an annual basis, to cover the cost of ownership. Obviously this would exclude any unforeseen event. I realize I should plan for that as well but I would like to know what the real world cost for the average Cherokee owner is annually?

Payments (for the non cash buyer)
Hanger
Insurance
Annual
Normal repairs and mant.

Can any of you say how much, if any, plane ownership has saved you? :!:

Thanks for the insight.

 

[greghughes]

 

[jruhnke]

 

[DaveB]

 

[Orest @ CYFD]

 

[GilBuettner]

 

[Ed Dartford]

 

[bartmc]

 

[dkallen]

 

[DaveB]