I co-own a Piper Cherokee Six/300 with two other pilots. It’s an easy way to dilute overhead costs of hangar, maintenance, insurance, and so on along with the t

I co-own a Piper Cherokee Six/300 with two other pilots. It’s an easy way to dilute overhead costs of hangar, maintenance, insurance, and so on along with the time commitment of care and feeding. Insurance may be cost-prohibitive for a brand new private pilot. For your first couple hundred hours, renting will likely be the better option. Airplanes rent by the Hobbs meter hour, or time the engine is running. “Wet” rentals, which means fuel included, is a common arrangement as well. A club I belong to reimburses us at the wholesale rate for fuel purchased at other airports. For overnight rentals, some places have a minimum number of hours per day that they charge because the airplane isn’t generating any revenue sitting on the ground.