Paying too much for a multi-engine rating?

[captainphil]

This Tuesday I start my multi-engine training in the Grumman Cougar. The airplane is a lease back from another company and the hourly rate is $325 an hour. I assumed multi-engine would be expensive but that sounds way more overpriced than I anticipated. Am I getting ripped off? I've been flying with this school for quite some time and I know the instructor form my previous school, but since the aircraft isn't even theirs, I don't think I can even barter down the price. What do you guys think?

 

[Pay2]

That actually doesn't sound bad. Multis in my area have been in the $300s for quite a while. You might be able to negotiate lower though if you purchase a block of time up front.

 

[So ILL]

Sounds average, I pay over 150 more per hour. so it sounds like your getting a deal

 

[CUTigerPilot]

The PA-44 Seminoles and DA-42 Twin Stars I've flown went for about $400/hr. Money makes airplanes fly!

 

[🦈💜]

$325/hr ain't too bad. The Duchess I was flying was ~$290/hr, but that was a pretty good deal.

-Fox

 

[killbilly]

If you think of it as two singles at 117.50 an hour each it's not too bad.

 

[🦈💜]

If you think of it as two singles at 117.50 an hour each it's not too bad.

That's true, but it means you're bad at math and will soon wonder where your money went...

~Fox

 

[ZeroPapaGolf]

Not too bad. Around here you're looking at $260 for a Seneca or Duchess, plus $40 or so for the instructor. Overall it's a cheap rating. I think I had 6.3 including the checkride.

 

[killbilly]

That's true, but it means you're bad at math and will soon wonder where your money went...

~Fox

Ah crap. You got me. I meant 167.50.

This is why I'm not a professional pilot; I can't drink and fly.

 

[🦈💜]

Ah crap. You got me. I meant 167.50.

This is why I'm not a professional pilot; I can't drink and fly.

Is that your final answer? ~.^

heh heh.

-Fox

 

[killbilly]

Yes. Damned bourbon...call the extra couple of bucks a tip.

 

[Zondaracer]

$199 an hour for a Duchess at my place. $50 an hour for the instructor

 

[ja_user]

$235 Wet for a block of 10 in the Seneca 1, $245 per hour KIXD

 

[Zondaracer]

$199 an hour for a Duchess at my place. $50 an hour for the instructor

I should add that it is a wet rate, located at KAPA.

 

[KatanaHawk]

The cheapest multi I've seen recently is an old seminole for $240 + $50 for the instructor, and that plane was beat.

 

[ComplexHiAv8r]

I went to traverseair in Cadillac MI for ME and CMEL. $1795 for plane, MEI, and plane for checkride. Old PA23-23. Multiple people from JC have gone up there.

 

[tomokc]

Who owns the aircraft isn't relevant, whether it's a leaseback, owned by the operator free & clear, or highly-leveraged. Perhaps they'll negotiate on the rate, but you've got to give them a reason to do so. I wouldn't bring up that it's a leaseback - that's between them and another party, and none of your business.

 

[RABIRZA69]

Captain Phil, I sent you a pm, I'm pretty sure that the owner of your flight school is only paying max $259/hr for the airplane I know the plane assuming you're flying out of FRG. Email me back I'll point you in the right direction.

 

[Finny]

I lucked out and found a school here in Minnesota that just brought a C310 online and are offering it at $180 WET for the first month. There are deals to be found, but luck does has something to do with it sometimes.

 

[flyboy6585]

The more you pay for the airplane the better your training is! True story!