081 calculations

[Mike Lysik]

I'm still having trouble justifying the cost with our numbers.  I can fly 976 for $115 or $120 per hour...I can't remember what the exact price is.  I fly approx. 25 hours per year(I'd like to do more and I know that's where the savings is).  So at $120 per hour, 25 hours the yearly cost is: $3000.  081 will cost me 60/mo + 65 per hour(2 hrs/month) + 1500 up front = 4500 for the first year, and then $3125/yr after that.  I know it's only $1500 + $125 per year, but it's still going to cost me more, and the goal in researching the club was to find a way to fly for less money.  Another option...you can rent a cub in hampton for $80/hr., no upfront costs involved.

Keep me on the list, as I would really like to offer help, but I'm going to say no at this point.

Thanks,
Mike
  ----- Original Message ----- 
  From: Steve Gordon 
  To: 'Eagle East Flying Club Core Team' 
  Sent: Thursday, April 16, 2009 2:17 AM
  Subject: RE: 081 calculations


  I vote yes on 081 at this cost structure.

   

  From: eefc-core-bounces at workingcode.com [mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
  Sent: Wednesday, April 15, 2009 11:21 PM
  To: 'Eagle East Flying Club Core Team'
  Subject: RE: 081 calculations

   

  Ok - correction

   

  15 members

  Initial cost= 1500

  Monthly = 60

  Hourly = 65

   

   

  I'm not sure that everyone has your latest version of the spreadsheet but it's easy to correct. Your version also assumes we will go the full 400 hrs before needing a new engine.

   

  From: eefc-core-bounces at workingcode.com [mailto:eefc-core-bounces at workingcode.com] On Behalf Of Steve Gordon
  Sent: Wednesday, April 15, 2009 10:39 PM
  To: 'Eagle East Flying Club Core Team'
  Subject: RE: 081 calculations

   

  I got different numbers from the spreadsheet.  See attached (at 15 members).  The numbers I came up with (not rounded) are as follows:

   

        One Time Cost:
       $1,446.67
       
        Monthly Dues:
       $50.63
       
        Rate Per Hour:
       $60.30
       

   

  -Steve

   

  From: eefc-core-bounces at workingcode.com [mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
  Sent: Wednesday, April 15, 2009 9:31 PM
  To: 'Eagle East Flying Club Core Team'
  Subject: 081 calculations

   

  In very round numbers 081 would cost as follows; This assumes we plan for a 20,000 overhaul very soon. probably within the first year.

  Please carefully check my numbers using the calculator and let me know if you are interested or not interested. No sense prolonging the agony or speculating. 

   

  10 members

  Initial = 2600

  Monthly = 100

  Hourly = 75

   

  15 members

  Initial = 1800

  Monthly = 70

  Hourly = 75

   

   



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