Results 1 to 17 of 17

Thread: An explaiation

  1. #1
    Richgj3's Avatar
    Join Date
    Apr 2005
    Location
    LI,NY
    Posts
    1,284
    Post Thanks / Like

    An explaiation

    When I started the thread about fuel prices I had no agenda. But I also didnít give any background for my statement that I ďcanít justify it anymore ď I agree with EVERYONE who commented. Sorry it went off the rails at the end.

    My real issue is the broader one of struggling with deciding if this is the time to pack it all in and that shocking fuel price pushed me to the brink. I have an ad for my 170B composed with pictures on Barnstormers but I havenít quite been able to pull the trigger. Iíve been flying for 54 years, but not as my job. I did instruct for a few years after I retired from my real job. I have owned 7 or 8 airplanes and flown a lot more. Iím 76, still in decent health but the expenses are becoming unjustifiable at this point. I know when everyone tells me Iíll be lost without an airplane, they are probably correct but thereís only so many dollars to go around and this sounds like the right time to sell. By the looks of Barnstomers Iím not the only one thinking this.

    Iím not looking for sympathy or advice. If I was giving me advice I could argue effectively on either side. There are other factors too. Itís just not fun anymore. GA is dead on Long Island. There are fewer and fewer mechanics around and of those only two I trust. One is older than me and the other is 65 and in the hospital.

    So, thatís my story and Iím sticking to it. Iím just not sure how it ends.

    Rich
    Thanks flybynite, NoFlaps thanked for this post

  2. #2

    Join Date
    Feb 2009
    Location
    67.8N,115.1W CYCO Canada
    Posts
    1,043
    Post Thanks / Like
    I'm thinking along the same lines, but not because of fuel costs. I bought a bunch a couple of years ago, enough to last me five more years. But do I want to fly until I'm 80? That's the question.

    Insurance got to the point last year that I couldn't afford hull. Even liability here is $1,500, where I fly exclusively with my wife and it's almost impossible to destroy anyone's property on the ground.

    So, do I fly until I have an accident in the middle of nowhere and the airplane is a total loss, or do I sell now while I can still get a few bucks for my airplane?

    I'd miss flying, of course. More than that, I would miss the places that the airplane can take us. Mind you, we can charter a turbine Otter (twice a year), for about the same cost as ownership of the PA-12.
    Likes supercrow, Richgj3, Bowie, Brandsman liked this post

  3. #3
    supercrow's Avatar
    Join Date
    Dec 2008
    Location
    Smith Pond near Millinocket, Me
    Posts
    614
    Post Thanks / Like
    Thinking along the same lines for some time now guys. At 75 yrs. how much longer can it last. LOL!!! Just bough a new 0360 to put in the crow. Probably shouldn't have but I always wanted to see how it would work. Maybe it will be for a short time, but it will increase the value a little too. If I don't do it now " it ain't happening". Hate seeing it come to a close but we always knew it had to some day.
    Likes Richgj3, SJ, RaisedByWolves, pzinck liked this post

  4. #4
    cubdrvr's Avatar
    Join Date
    Jan 2002
    Location
    YKN(mother city of the dakotas)
    Posts
    1,366
    Post Thanks / Like
    Rich.......
    Yeah, you can argue both sides. I'm your age, good health. Also been flying for 54 years. Instructed for some time too. BUT..........I live in South Dakota thank God.
    Prices are really good now...........never thought my cub would be worth so much. Aging causes my mind to think like you even though I've said my cub will be in the hangar
    after I'm in the ground..........and it might be. There's no right or wrong decision.........make one and stick with it........the roads out here are peppered with dead squirrels
    that couldn't decide.
    Good luck on whatever............the memories never go away !
    DD
    "Sometimes a Cigar is just a Cigar"
    Thanks Richgj3, Dave Barras thanked for this post
    Likes SJ, sodak, Steve Pierce, Willie, 180Marty and 1 others liked this post

  5. #5
    cubdriver2's Avatar
    Join Date
    Apr 2003
    Location
    upstate NY
    Posts
    11,211
    Post Thanks / Like
    Rich, your not done, I'm still waiting for you to land at my place for a swim

    Glenn
    Last edited by cubdriver2; 06-20-2022 at 08:44 PM.
    "Optimism is going after Moby Dick in a rowboat and taking the tartar sauce with you!"
    Thanks Richgj3 thanked for this post
    Likes pzinck, Colorguns liked this post

  6. #6

    Join Date
    Sep 2003
    Posts
    7,851
    Post Thanks / Like
    81 here. Sorry I pissed somebody off - it was just an opinion. 14 landings today - I plan to fly until my friends cannot get me in there any more. No problem so far getting in and out of the little Cubs or the Stearman, but getting in Gary's 31" Super Cub is a minor struggle -
    My goal is 91 - that's when our leases expire with no agreement for renewal.

    Avemco is hitting me with an increase this year - but it is scheduled. I think it is 10% at 81. I will probably have to give up tailwheel training, except in the Stearman, due to insurance hassles. Fuel is still handleable.

  7. #7
    skywagon8a's Avatar
    Join Date
    Mar 2008
    Location
    SE Mass
    Posts
    12,070
    Post Thanks / Like
    Everyone knows and sets their own limits. Only they know what they are, but when that time comes there will be no question in that person's mind that the time is right. For me at age 81, I sold my precious 185 and have settled on an EAB -18 on floats. Cut way back on the FAA oversight and have permanently eliminated airports. Only fly during the week when there are fewer mid-air collision risks and pick the weather for launching and retrieving the plane. I'm planning on a 100th birthday flight. Until then they'll have to pry the stick from my cold dead hands. Yes the fuel price has increased from the $0.38 it was when I started, but it is what it is. I'll be using the money I got from selling the 185 to fill the Cub's gas tank.

    Good luck Rich, it's been quite a ride. You'll make the correct decision for you.
    N1PA
    Thanks Richgj3, flylowslow thanked for this post

  8. #8
    Willie's Avatar
    Join Date
    Aug 2004
    Location
    Kerrville, Texas
    Posts
    130
    Post Thanks / Like
    I turned 81 at 0215 this morning. Born in a ramshackle house with no electricity or running water on the banks of a bayou in Louisiana. Attended by a black midwife. I managed to get thru college without incurring debt. I got Naval Aviator wings only because the USMC needed cannon fodder for Vietnam. So I've been flying now for 58 years, never bent an airplane, and most of the fuel cost has come out of someone else's pocket. But I will fly my Cub until my Basic Med expires, regardless of fuel or insurance cost.

    It's been a great run. 16 years flying fighters (F8 & F4), 21 years flying B737's, 18 years in a Citation, and the last 3 in just the SC. I've been to Nome for the Iditarod 3 times on skis and camped out in 37 below temp at Serpentine Hot Springs. I've floated the Yukon river from Carcross to Emmonak and climbed Kilamanjaro. Landed on Iwo Jima island in a typhoon.

    This is way too much information. I've always looked at life as a continuing adventure. I would rather spend the money on something I love as opposed to collecting material goods.

    My only regret in this entire endeavor is that I did not get an A&P. I love working on airplanes.
    "The sword of freedom is kept sharp by those who live on it's edge." - Scott Adams
    Thanks Bowie, Brian M, supercrow, SJ, Cubus Maximus and 2 others thanked for this post

  9. #9
    RaisedByWolves's Avatar
    Join Date
    Feb 2005
    Posts
    4,712
    Post Thanks / Like
    Quote Originally Posted by skywagon8a View Post
    Everyone knows and sets their own limits. Only they know what they are, but when that time comes there will be no question in that person's mind that the time is right. For me at age 81, I sold my precious 185 and have settled on an EAB -18 on floats. Cut way back on the FAA oversight and have permanently eliminated airports. Only fly during the week when there are fewer mid-air collision risks and pick the weather for launching and retrieving the plane. I'm planning on a 100th birthday flight. Until then they'll have to pry the stick from my cold dead hands. Yes the fuel price has increased from the $0.38 it was when I started, but it is what it is. I'll be using the money I got from selling the 185 to fill the Cub's gas tank.

    Good luck Rich, it's been quite a ride. You'll make the correct decision for you.
    Iím jealous. Iíd like to eliminate any of my faa oversight.


    Sent from my iPhone using Tapatalk
    Likes Bowie, flylowslow, Colorguns liked this post

  10. #10
    cubdrvr's Avatar
    Join Date
    Jan 2002
    Location
    YKN(mother city of the dakotas)
    Posts
    1,366
    Post Thanks / Like
    I’m jealous. I’d like to eliminate any of my faa oversight.

    Come to God's country and I can help you with that !
    "Sometimes a Cigar is just a Cigar"
    Likes RaisedByWolves, Colorguns, mixer, Farmboy liked this post

  11. #11
    skywagon8a's Avatar
    Join Date
    Mar 2008
    Location
    SE Mass
    Posts
    12,070
    Post Thanks / Like
    Quote Originally Posted by RaisedByWolves View Post
    I’m jealous. I’d like to eliminate any of my faa oversight.
    You're off to a good start, enjoy your ride. Your time will come before you know it.
    N1PA

  12. #12
    Richgj3's Avatar
    Join Date
    Apr 2005
    Location
    LI,NY
    Posts
    1,284
    Post Thanks / Like
    Willie

    What a tremendous career. If you wrote a book, I’d be first in line to buy it. I’m impressed with the group of folks on this site. Thanks for posting that.
    Thanks Willie, Bowie thanked for this post
    Likes SJ, Dave Barras, Bowie, Cubus Maximus, mixer and 1 others liked this post

  13. #13
    Richgj3's Avatar
    Join Date
    Apr 2005
    Location
    LI,NY
    Posts
    1,284
    Post Thanks / Like
    Not wanting to be a “dead squirrel “ who couldn’t make decision as described by Cubdrvr, I’ve decided not to sell now. Thanks for that graphic comparison, I’ve seen a few dead squirrels on the road since I started this thread and they served to remind me of all the great response on this thread.

    Additionally, my worries about money in the future reminded me of a guy I worked with in 1968, Mike Walsh, who put it all in perspective when he said: “We are so poor the baby has to sleep in the box the color tv came in.” He clearly had his priorities in order.

    Rich

  14. #14
    Speedo's Avatar
    Join Date
    Jul 2002
    Location
    TN
    Posts
    1,825
    Post Thanks / Like
    Iíve read many posts by Rich, Peter, Cubdrvr, Bob, Willie, Supercrow and Nunavut. Just assumed you were roughly my age. Had no idea you fellows were ask old as you claim to be. I need to hurry up and retire so I can come meet each of you!
    Speedo
    Likes Richgj3, NunavutPA-12 liked this post

  15. #15
    SJ's Avatar
    Join Date
    Jan 2002
    Location
    Northwest Arkansas
    Posts
    15,831
    Post Thanks / Like
    If I had to make a short list of things I'm really glad I did, starting this website would definitely be near the top. Getting to know - sometimes only virtually - so many of you continues to be the greatest gift.

    Rich, I love the color TV line - however, It would have to be a very small baby to sleep in the box the iPad came in...

    sj
    "Often Mistaken, but Never in Doubt"
    ------------------------------------------

  16. #16
    Ken Kennedy's Avatar
    Join Date
    Dec 2008
    Location
    Lubbock , Tx
    Posts
    57
    Post Thanks / Like
    Awesome fella!!!

  17. #17

    Join Date
    Sep 2004
    Location
    Illinois & Wisconsin
    Posts
    884
    Post Thanks / Like
    Remember that gasoline is still the cheapest part of airplane ownership.

    When I bought my Beaver in ‘92 for $100,000 avgas was around $1/gal. When I sold it in ‘05 for $425,000 avgas was over a little over $4/gal. The fourfold increase in fuel prices pretty much matched the increase in the airplane’s value. I considered both fair and reasonable.

    Keep flying as long as you can!!! Flying adventures/memories are priceless and well worth the cost to create them.
    Thanks Richgj3, WWhunter thanked for this post
    Likes NunavutPA-12 liked this post

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •