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A comment on Lilium – Electric vertical take-⁠off and landing jet. Parent comment

Re:Lilium – Electric vertical take-⁠off and landing jet by base698 on Friday April 21, 2017 @05:03PM (#14169413)
Annuals are at least $1000 a year, with insurance, taxes, and other costs you'd probably spend $8K a year to have it sit not flying. Add in flying costs and engine reserve you'd spend $10K or more a year.

Source: Am a pilot.

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Re:Lilium – Electric vertical take-⁠off and landing jet by danderino on Friday April 21, 2017 @11:04PM (#14170908)
Taxes for what exactly?

Insurance is about ~600 a year from what I gather.

So not sure how you go from 1k to 8k

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Re:Lilium – Electric vertical take-⁠off and landing jet by Justin_K on Saturday April 22, 2017 @12:10AM (#14171084)
When you have large assets, the gov makes sure to charge property tax.
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Re:Lilium – Electric vertical take-⁠off and landing jet by base698 on Saturday April 22, 2017 @12:31AM (#14171123)
Local tax of a few hundred up to $1k, $300 loan a month, insurance is more like $1200 depending on experience. Hangar and tie down fees...
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Re:Lilium – Electric vertical take-⁠off and landing jet by danderino on Saturday April 22, 2017 @02:35PM (#14173971)
Cant find anything on taxes on personal aircraft (past purchase of course).

Loan?

Hangers are indeed expensive depending on the area, but tie down fees are like $60 a month

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Re:Lilium – Electric vertical take-⁠off and landing jet by Eugr on Monday April 24, 2017 @11:42AM (#14185189)
Many states/counties have a property tax on airplanes. But compared to other costs (insurance, maintenance, fuel) it's a drop in the bucket.
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