One of these days I hope to have the time and the money to get my PPL and likely an instrument rating.
Now what I would like to know, is the cost of ownership and operation of a single engine aircraft feasible for most people. Moreover can one own and operate an aircraft that is reasonably capable of longer cross-country flights and also be a suitable IFR platform. In my mind this excludes planes like the C150/152, Cherokee 140/150, Skyhawks, and the like. What this would include would be something like a M20J, C-182, Piper Dakota, Socata TB-20, BE33 and so on.
What is a realistic estimate to own and operate one of these birds? And how much would you need to fly a year to really justify the cost of ownership?