I’m curious, have any current hangar owners profited enough to recover their initial investment?
For past hangar owners, did you recover your initial investment prior to selling?
There is about 4 time lengths that a hangar would pay itself off in.
aka 4 lvls of being dedicated.
2 round trips per day = 15 months
1.5 round trips per day = 20 months
1 round trip per day = 30 months
1 single trip/casual = fo ev@r!
My guess is that most hangar owners don’t even fly with customers. The spaceships just stay home. As it is too much work to be a pilot.
that pretty most gets it..
It always makes me wonder why people ask this question. I am posting a quote here from my how to make money guide to save me typing a lot:
Firstly, I want to get two common misconceptions out of the way which you need to know prior to attempting to undertake any of these guides.
- Many people are under the impression if they buy an item, they have “spent” this money. For example, you will see many threads on this forum discussing things like: Person X sent 20,000 peds on a hanger and they need to do X number of flights to get their money back… - This is not the case. What has actually occurred is person X has made an investment. The value of this investment may go up, or down, but let us assume for a moment that it retains its value. Person X has actually only got to do one single flight to make a profit as the value of the original investment is retained. For example, lets say I buy a hanger for 20k, I do one flight and make 20 peds profit on that one flight. I then sell the hanger for 20k. The end result is I made 20 peds profit. Of course in reality the investment may go up or down, for example, if CND is suddenly fitted with a Teleport to the surface, Hanger prices will drop like a stone, but if MA abolished decay on spacecrafts, you could expect to see the hanger prices rise. This process is called Depreciation or Appreciation of assets and has nothing to do with profits until you finally decide to sell the asset.
There is absolutly no need to “recoup” your investment at all, as every flight is a profit. ATM the hanger prices are still on the rise anyway, so even sitting on your arse all day will profit for you. you just wont see those profits until you sell.
The only time you need to recoup your money is if the price is on the way down, and even then you would not need to recoup the full investment unless the value went down to zero.
This applies to eveything both IRL and virtual. The only difference is IRL the is depreciation where for example a car purchased as a taxi would be worth less each year until it only had scrap value. This does not happen in a virtual world so you NEVER need to fully recup the investment.
Sorry to lecture - its a pet hate of mine 
Thats not entirely true.
The reason one would need to recoup the money is because the person who bought the hangar would be counting on a guestimate amount of money coming in each month to pay off a loan.
or whether a lump of cash currently earning interest would perform better as a virtual hangar
well, 7-13 months was the plan values i came up with. This is using around 4-8 trips a day. I cant remember where i put the business plan i drew up all that time ago but i do know that while i was flying and sticking to the plan i re-couped 15% in line with it.
And as it has been said by pinky already{and as an owner i know of course} you do not have to pay it off unless the value goes lower than what you paid. I’ll put it more politely than here lol, but yes sitting doing nothing while it goes up is making you profit which you will recieve upon sale.
As for the loan amount comment. This is wrong. Who said that everyone who buys a hangar takes out a loan to get it? If you did however, as i actually did 
- Well, i can tell you that its still wrong, for the afformentioned, sitting back while price rises detail reason. It increases faster than the interest amount, as the interest amounts arent that much.
In relation, the interest collecting in an account scenario is a valid comment, but still doesnt apply. One of my accounts has a special annual interest rate. I cant remember the figure, so ill be really lazy and provide the example they gave me of how much you can expect per year.
{as i said, its not hard to figure out the rate but im being really lazy :ahh:}
£1500 = £75 interest per year
Now, thats nice, however, concider the inflation rates in PE and it makes that look like lunch money. In 6 months hangars have gone from 50K max bids to 110.1k{i heard about a 118K sale but ive not seen confirmation so ill leave that out}. In the 6 months before that they went from 20K average{i cant remember the max} to 45K average{50K max but since i dont remember the other max ill use the average to stop any decieving figures}.
I hope you can see from those last two explanations that a savings account cant keep up and effort isnt really necesarry.
However, this may not be the thread for it. But i will state that i don’t agree with simply buying a hangar to watch interest grow, it’s pretty shameful to be honest. They are there for a reason, and in the months ive been away, ive come back to find comments here that lots of people are stranded.
If you do not intend to use your hangar for the purpose it was created, and if you own one, you have a duty to people to provide that service, don’t bother buying one. Go invest in something else that isn’t ruining the universe for other participants.
I generally tend to finish a message and my views will have changed or ill have typed somthing i didnt mean, so if you spot anything you dont agree with, or feel is wrong, ide appreciate you bringing it up so i dont look like a tit. :laugh: At least that way i can either defend it, correct it or explain it properly. {hope i havent made any personal attacks either, i always suspect ive done that too lol…}
Take It Easy!
I didnt mean all people would take out loan. I meant specifically for the people who do take out loans and plan to pay it off with the earnings from the hangar.
Actually no, you still wouldnt need to recoup the investment, you would simply need an income high enough to maintain the loan payments. thats a different thing entirly…
The question in that case would be I have a loan for X amount - which I have to pay off within 6 months (for example) is a hanger a viable investment for the money raised by the loan? The reason there is a difference is that a loan (unless interest free) would require higher payment than the hanger cost, therefore asking if income would pay off a hanger is in fact irrelevent.
Again, that has nothing to do with paying off a hanger, its just down to how much you would earn per month doing this compared to any other form of investment. Neither would have a requirement to pay of the intitial investment amount. Its simply a case of which would make the most money.
all IMHO of course…