Guest Posted May 22, 2010 Posted May 22, 2010 Hi all, I have seen / heard a few comments regarding the justification of spend to the other half / misses. Here is how I do it. If you are buying new kit, It it worth mentioning that although it says £7,000 on the price tag, its not actually costing you that... how? Wing new £2700, New Motor £4300, TOTAL £7000 Residual value of wing in 3 years £1300 Residual value of motor in 3 years £2800 TOTAL £4100 So if you were to be selling / exchanging your kit in 3 years the total cost of your kit for that 3 years is actually only £2900 !!! That's £80 a month, for your own flying machine. Prices are rough and for example only. This is actually not a 'trick' of any kind... It's standard business practice for any 'asset' to factor this in to your calculations and makes allot of sense... I hope. Good Luck for those who need it!! SW Quote
Guest Posted May 22, 2010 Posted May 22, 2010 Which makes me think we should be able to lease kit! Hummmmmmmm.... SW Quote
gordon_dunn Posted May 22, 2010 Posted May 22, 2010 F***! Simon-- wish i'd sold my 3 year old Action 27 to you now!!!! Another angle for the 'Boss'... you could be smoking, drinking, and spending all day watching Sky Sports... instead you're out in the fresh air, getting excercise...!!! Quote
dantheman Posted May 22, 2010 Posted May 22, 2010 Personally I would buy someones three year old machine/wing and depreciation would be very slight after that point, making ownership just a spare parts bill from time to time Quote
gordon_dunn Posted May 22, 2010 Posted May 22, 2010 Sounds like if you'd bought my 3 year old Action 27.... you'd have made money!!!! There were few takers??? I guess you were all asleep... BTW- I've got a Silex25 on the market for £400... only 30 hours, still crispy!!! Size Small, colour RED Quote
bignos Posted May 22, 2010 Posted May 22, 2010 i worked it out only today - my kit costs about £25 per hour wet (£10 p/h dry) to fly! that includes depreciation of the wing to nil and a little maintenance over 300 hrs Not bad by anyones standards! Quote
macey2kk Posted May 22, 2010 Posted May 22, 2010 i got a better way of putting it.... listen woman...if you like this roof over your head, you like spending my hard earned wages...you like being chauffered around by me...you better shut up and put up..did i grill you for the last handbag YOU bought!! i forewarn you though......after saying this, you better put that shiny new paramoter helmet on and retreat to a safe distance!! Quote
bjc Posted May 23, 2010 Posted May 23, 2010 After saying that to some wives, there would be no such a thing as "A safe distance", ever again, helmet or no helmet Quote
wodens Posted May 23, 2010 Posted May 23, 2010 I must be bloody lucky, my wife encouraged me to go out and buy my kit last year! Not linked at all I'm sure, but I noticed the milkman and window cleaner always visit when I'm out with the wing. Strange that.... Quote
pete_b Posted May 23, 2010 Posted May 23, 2010 I must be bloody lucky, my wife encouraged me to go out and buy my kit last year!Not linked at all I'm sure, but I noticed the milkman and window cleaner always visit when I'm out with the wing. Strange that.... Just look for the OMO washing powder box in the window. (Old Man Out) Quote
tj Posted May 24, 2010 Posted May 24, 2010 I'm hoping my Missus will be so hacked off about me going on about paramotoring that she'll buy my kit to shut me up. Does anyone provide pigs with paramotor lessons?! Tj Quote
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