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300C/CBi Rental, Eastern Mass.


Mungo5
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Hello all, I'm looking for a more economical way to rent a 300C or 300CBi anywhere near Eastern Massachusetts, for both Hour Building and for general trips out an about.

 

The local schools are all well over $250 per hour, so I'd like to find cheaper time in the air and longer booking slots than a couple of hours.

 

R22 or 44 an option, but not SFAR73 current yet.

 

Thanks in advance.

 

M5.

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I'm no where near eastern Mass unfortunately so I'm not sure of specific places around there, but $250/hr is sounding like a pretty good deal to me though! I'm not sure you'll find 300 time for much cheaper unless you go partnership or buy your own 300, I could be wrong but that sounds like decent price to me.

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Are there any rules on private owners renting on an ad-hoc basis, to a 'friend'?

 

Not really. But there are some regulations that cover leases. Plus there could be issues about if a 100 hour inspection is required or not. The biggest problem will be the owner's insurance. My insurance states only personal business and pleasure. If I 'rent' it out, my insurance would almost double.

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Your biggest issue to overcome with a private owner is going to be the additional cost the owner will have to pay. Unless they are willing to not tell their insurance company you are renting it. I highly recommend AGAINST that approach.

 

Cost difference, just an example: I have an R22 Beta II and my personal full coverage insurance is about $7500.00 a year and that is 125 RW hours, CFI and RHC Safety Course. I do have 3600 hours and an ATP & CFII in Fixed-Wing plus a Masters Degree in Aviation Safety.

 

Now to cover me and another low time RW pilot and rent out my R22 for that person to time-build, my policy changes to commercial insurance at a cost of $23,000.00 a year. I have checked.

 

You can see that this will be your biggest problem you will face from a private owner.

 

Sorry, but this is reality unless you find a very wealthy owner or an owner that will hide it from their company.

 

I just finally bought and fly the R22 for fun.

 

I wish you the best.

 

edspilot

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Not really. But there are some regulations that cover leases. Plus there could be issues about if a 100 hour inspection is required or not. The biggest problem will be the owner's insurance. My insurance states only personal business and pleasure. If I 'rent' it out, my insurance would almost double.

 

My insurance only went up about $1800/yr from business and pleasure to instruction/commercial. You have an Enstrom right? Are you using AirSure?

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