I want to make sure I'm not missing any good options here...
With plane prices continuing to rise, I'm trying to sort out the best equation for affordable "buy and fly" (and own and operate) options in today's market. I'm thinking LSA and/or EAB. Could go certified, but that's where the prices have soared the most.
Affordable to me means under 30K. 25K would be even better. Need two seats, and I need it to be affordable in every category beyond purchase price: storage, insurance, annual, fuel, and maintenance.
Based on my preliminary research, here's what I think are the best criteria:
- Cheap to insure
- Tricycle gear (cheaper insurance)
- Tie Down-able - so probably all metal or composite(?)
- Low fuel burn (max 5-6gph)
- Can burn auto fuel if needed (saves $1+ per gallon)
This is a "nice to have" that could save even more money:
- ELSA (or SLSA to convert to ELSA) so I can take the light sport course and do my own annual CI's - BUT, I'd still do the first one or two with experienced A&Ps...
All that said, here's what I've found to fit my criteria under 30K for EAB/LSA:
- Sonex/Waiex
- Zenith 601
- Jabiru J160/J170 Calypso
- Thatcher CX-5
In the certified world, all I've seen that fit my criteria are a couple Early C150s or an Ercoupe (with metalized wings)...
Are these my only options?
Please don't take this wrong but if you can't afford a hangar or at least a shared space in a hangar then you may not be able to afford the airplane. The money for a hangar in most cases anyway is the least expensive part but that being said it may not be cheap in your area that's why I suggested a shared space.
You are right to look at Tri gears if you are not endorsed for a conventional gear. There are many options out there in the experimental category that meet your needs. My aircraft is extremely cheap to operate and own. It also has some very good performance for the horsepower. However it is not what I would call short field capable. I do not fly into anything under 2500 feet with any kind of obstacles on each end.
There are many experimental aircraft out there in the two seat category with varying performance that you can get for under 30 and many under 20k that is.
Set the parameters for the type of performance you would like, and I mean realistic performance because we are all dreamers LOL then go from there. There are many people on here that will share their experiences with different types of airplanes and the true cost of ownership with them. The hard part is deciding which one.