I have been looking into purchasing a powered paraglider for quite some time now but am finding it very hard to justify the cost with myself. Everywhere I'm looking, it costs between $6,000 - $7,000 (£3,780 - £4,410 / €4,800 - €5,600) for the paramotor and another $2,000 - $3,000 (£1,260 - £1,890 / €1,600 - €2,400) for the parachute. So in total, it will be right around $9,000 (£5,670 / €7,200) to buy a powered paraglider.
So basically, it will cost me about the same amount of money to buy a powered paraglider as it would to buy a decent used car. Looking into how the engines are manufactured and everything, it doesn't seem like a very good deal at all. I still have a rather large craving to fly though. So ultimately my question is, why does it cost so much for a powered paraglider?
Most of the engines I've seen in PPG's are two stroke engines. This type of engine is rather simple as it has only one piston doing all the work and is air cooled in most circumstances. The typical used car for the same price has a much more complicated engine with four pistons or more, are typically liquid cooled, and just require more material and parts in general than a two stroke engine.
The frame of a PPG is essentially some metal tubing around the propeller from what I can see. So I find it hard to believe that the frame of a PPG even comes close to using a tenth of the material the frame / shell of a car does.
In general, a used car has a more complicated four piston engine, takes about ten times more material to make the frame, has many more complicated systems that come standard (like air conditioning / heating systems, radio systems, wiring for many more lights / sensors, ect), and just has many many more little parts throughout it than a PPG does, yet a PPG costs just as much. So why do PPG's cost so much.
I have a decent understanding of how most businesses work and operate, and I know the basics of economics. However, it would cost much less to buy all the machinery needed to produce a PPG than it would to produce a car, and you would need much less manpower to do so as well. I also understand the supply of PPG's is pretty low compared to cars, but so is the demand. So I guess I'm just having a very hard time wrapping my head around where the cost is coming from...?
I know PPG is more popular in and around the United Kingdom than it is here in the United States, which is why I did my conversions to the other pricing formats. Hope my math is correct.