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1981 Turbo Saratoga Operating Economics Guide - Piper Aircraft Corporation

1981 TURBO SARATOGA (PA-32-301T)

1981 TURBO SARATOGA (PA-32-301T)

Estimated Aircraft Ownership and Operating Expense

Total Operating Expense (Schedule I)

Type Aircraft: 1981 TURBO SARATOGA (PA-32-301T)
Business Usage: 100%
Assumed Hours Per Year: 500
Assumed Years of Ownership: 7

  Estimated Expense (A) Estimated Expense
Net of Tax Savings (B)
Assumed Purchase Price $110,925  
Estimated Resale Value $ 66,555  
Expense of Asset $ 44,370 $ 44,370
Tax Savings:    
Less 46% Tax Bracket (C)   ($ 20,410 )
Less 10% Investment Tax Credit (D)   ($ 11,092 )
Net Investment Expense $ 44,370 $ 12,868
Net Investment Expense Per Year $ 6,338 $ 1,838
Net Investment Expense Per Hour $ 12.67 $ 3.67
Operating Expense/Hour - Schedule II $ 54.27 $ 29.31
Travel Expense Per Hour $ 66.94 $ 32.98
Travel Expense Per Nautical Mile
147 Knots Block Speed at 65% Power
$ .455 $ .224
Travel Expense Per Seat Nautical Mile    
2 Seats $ .227 $ .112
3 Seats $ .152 $ .075
4 Seats $ .114 $ .056
5 Seats $ .091 $ .050
6 Seats $ .076 $ .037
7 Seats $ .065 $ .032
     

Fuel Consumption - Nautical Miles Per Gallon 9.67 (Statute miles per gallon 11.13) @ 65% Cruise Power & 20,000 Feet P.A.

(A) Before Tax Savings.
(B) This column is presented for example purposes only and it should be understood that all tax situations can vary significantly and your tax advisors should be consulted.
(C) Reflects Federal Tax savings only.
(D) Providing maximum tax limitation has not been exceeded.

Variable and Fixed Expenses (Schedule Ii)

Annual Fixed Expense
Hangar Rental — $ 105 Per Month $ 1,260  
(1) Insurance    
Hull — $ 250 Deductible $ 2,063  
Liability - Single Limit — $ .5 Million $ 359  
Total Annual Fixed Expense $ 3,682  
Operating Expense Per Hour Fixed
Expense
Variable
Expense
Fixed Expense Per Hour — 500 Hours $ 7.36  
(2) Fuel — 15.2 GPH at $ 1.75 Per Gal. $ 26.60  
(3) Oil $ .59  
(4) Inspection and Maintenance $ 7.66  
(5) Engine (Exchange) $ 10.88  
(6) Prop Overhaul $ .53  
(7) Avionics Maintenance Reserve Per Hour $ .65  
Total Operating Expense Per Hour $ 54.27 $ 46.91
  1. Hull insurance computed at current average rates for an IFR equipped aircraft.*
  2. Fuel expenses are computed at a consumption rate for 65% power with allowance for start, taxi, take-off, climb, cruise, and descent.
  3. Oil expenses are based on a normal consumption rate of 1/4 pint per hour, oil change every 100 hours, oil filter expenses and oil expense of $6.20 per gallon included.
  4. Inspection and maintenance expenses are based on a programmed inspection schedule, include miscellaneous repairs, and parts with oil filter change at 50 and 100 hours.
  5. Engine exchange allowance is computed for manufacturer's recommended engine life of 2000 hours at remanufactured engine exchange expenses and includes labor and accessories.
  6. Expense computed at 1500 hours propeller overhaul — includes removal and installation expenses.
  7. Expense computed for an average Dual NAV/COM package with Transponder, ADF and an Autopilot System.

1981 Turbo Saratoga Operating Economics Guide - Piper Aircraft Corporation

*Rates are for Private and Corporate owners and do not apply to Commercial operations. Rates may vary depending upon pilot qualifications, experience and other related factors.

Piper Aircraft Corporation reserves the right to make changes in specifications, materials, equipment or prices at any time without prior notice or to discontinue models as required.

Publication Number: 995-1-229
Published: 10/1/80 Printed in USA

PIPER
More airplane for the dollar.

Piper Aircraft Corporation, Lock Haven, PA 17745

Member of GAMA

GG Archives REF: BPPAC-007-1980-BW-BRO

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