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What is the running cost of a Gyro?
Posted: Tue May 31, 2011 12:17 pm
by Hendrik7
Hi, can someone give me an idea of the running cost of a Gyro? MT, ELA or Magni.
I am busy justifying the purchase of one.
Advise will be welcomed.
Regards
Hendrik
Re: What is the running cost of a Gyro?
Posted: Tue May 31, 2011 3:37 pm
by BONZAI BELL
Hi Hendrik
all depends what you want to call running costs.
Insuarance will cost you in the region of R.4000-00 per month.
Fuel will cost you about R.150 per hour , one up , and about R.220 per hour , two up.
You will have hanger fees of approx. R.600 per month. and club fees , plus whatever goes with that.
Your Gyro will need a service every 100hrs , which should not cost more than R.3000-00
I think if you add all this up , and you work on flying 10 hours per month , your hourly cost should be around R.800 to R. 900 per hour.
If you dont have inssuarance the cost will be a lot less.
Hope this will help you make up your mind.(Nothing flies like a gyro)
Swannie
Re: What is the running cost of a Gyro?
Posted: Tue May 31, 2011 5:29 pm
by Shallowpig
Hi Hendrik
Buying a gyro is much like getting married.
There is no financial justification

!
You want one, 'cause you want one.
Jaco
Re: What is the running cost of a Gyro?
Posted: Tue May 31, 2011 7:13 pm
by Hendrik7
Thanks Swannie and Jaco
Yes, the insurance is something to consider, why is it that a Jab 430 cost R1300/month and a Gyro R3000-4000?
The next question I suppose is where to find a good secondhand Gyro? Will I find a Ela or Magni for +/-R300K?
Cheers
H
Re: What is the running cost of a Gyro?
Posted: Tue May 31, 2011 7:32 pm
by MAGNIficent
Have a look at AIRCRAFT FORSALE section, there is a good Magni M16 for good price.
Re: What is the running cost of a Gyro?
Posted: Wed Jun 01, 2011 6:46 am
by BONZAI BELL
Hendrik
When a Gyro rolls over (this could happen when rotor flap occurs,if you dont catch it in time) , the cost to repair could be in the region of R.300 000.00
and the ins. companys know about this.
On your second question, closer to 400 k , you might get one.
Cheers
Swannie
Re: What is the running cost of a Gyro?
Posted: Wed Jun 01, 2011 9:27 am
by whirly
R4 000 per month for insurance?..................are you guys serious??
I pay 2.8% on my helicopters, in other words R28 000 per year per R1m insured.
So tell me again that gyros are safer than helicopters,....................... not according to the insurance companies by the looks of it.
Whirly.
Re: What is the running cost of a Gyro?
Posted: Wed Jun 01, 2011 11:00 am
by Low Level
Shallowpig wrote:Buying a gyro is much like getting married.
There is no financial justification !
You want one, 'cause you want one.
Well said Jaco.
whirly wrote: I pay 2.8% on my helicopters, in other words R28 000 per year per R1m insured.
Insurance for gyros work out to approx. 10% of replacement costs per year.
whirly wrote:So tell me again that gyros are safer than helicopters,....................... not according to the insurance companies by the looks of it.
Gyros are much like motorbikes. There is a small chance of a serious accident, that will destroy the gyro. It's the falling over part that happens - unfortunately - too often, that costs just as much as a more serious accident, and that is what has the insurance companies up in arms.
Friend of mine dropped his BMW GS1200 last week, not crashed, dropped at 20 km/h. He picked it up and rode it home. Quote to repair R 70 000.
That is why I pay for my bike - which is half the price of my car - the same insurance.