Woman gives full and honest breakdown on how much it costs to own airplanes

Having owned her own 1978 Piper Archer for the better part of two years now, popular creator Kinsey has given full rundown of how much it costs to own airplanes, including maintenance, insurance, fuel, and more.

Popular aviation YouTube personality Kinsey doubles as a sports event host and a dual-rated pilot.

Soaring the skies in her pink Piper Archer, she only touches down to kick a soccer ball or get on the skate rink.

Now she’s giving fans a full breakdown of how much it costs to own airplanes, covering everything from fuel and maintenance to insurance and registration fees.

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Most people who can get their hands on private airplanes opt for smaller single-engine bodies like those made by Cessna or Piper.

That is, unless you’re a celeb like Taylor Swift and can use a private $40m Dassault Falcon 900LX to fly from city to city.

Given how private some jet owners are, Kinsey wanted to be transparent about what it truly costs to own a plane.

To kick things off, she revealed she paid $150,000 for the Piper Archer itself.

The price she paid included the bubblegum pink glow-up and an upgraded avionics kit. Others can land cheaper alternatives, but they often come with bigger maintenance fees.

She then moved on to the other costs that weren’t so well-known.

For insurance, Kinsey’s annual fee is much higher than the standard plane owner’s as she lends hers out to an aviation school, which comes with considerable risks.

Insurance is also based on the price of the plane, and with hers on the high end for a single-engine plane, it drags the insurance up to $8,700 a year.

However, she has friends who spend as little as $2,000 for cheaper models and personal use only.

For fuel, the plane averages around 10 gallons an hour – which isn’t bad considering a Dodge Hellcat only collects 12 gallons an hour – so it works out at roughly $60 an hour or $1 a minute of being airborne.

Registration fees then come in at $900, and it’s a requirement to get a $1,500 annual inspection.

The big hitter is maintenance. A

irplanes don’t come cheap to make, and getting replacement parts is expensive.

For a replacement compass, for example, she was set back several hundred dollars, and she was told new rim replacements would cost her $2,000.

However, she claims that you can budget for these by putting 10 percent of your fuel costs to one side, which soon racks up to cover your wear and tear.

She said there was a bit of wiggle room in all these costs.

Some of the maintenance costs Kinsey accrues are aesthetic, such as cleaning, which could be done by yourself if you have the time.

On the flip side, she only has a parking spot (uncovered) to pay for, whereas others might have a hangar that will cost substantially more than the $100 a month she pays.

All in all, it costs Kinsey around $19,000 a year, plus fuel, to own her airplane.

What Kinsey didn’t mention, though, is the price to get your pilot’s license in the first place.

Some people have paid close to $50,000 in training fees.

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