Airplane Buyer’s Guide
Buying an airplane is the ultimate dream for many. It can be an intimidating task because of the many things you have to consider. Having a guide that will lead you through the decision-making process is a great help.
Why buy a light airplane?
With the ever-growing presence of budget airlines and seat sales, it becomes more difficult to justify having a plane. Some people will see it as an impractical purchase, but do not let them dissuade you.
Owning a plane gives you independence. Imagine being able to fly at will. Imagine going places without the need to get through airport security and waiting at the boarding gates. Ultimately, owning a plane is a status symbol. After all, only those who are comfortable in life would consider buying a plane for themselves.
More than that, you need to have some love for the craft. You need to commit to the hobby of flying. It is not like buying a phone that you can upgrade after six months or a year. Buying a plane is a commitment. It imposes a lot of responsibilities, such as maintenance, insurance expenses, storage fees, among others.
Where to buy an airplane?
The internet is full of information on where to buy airplanes, both brand new and pre-owned. You can check out sites like Global Air, Controller, and ASO. However, there are other steps before you can proceed with your purchase. Much like owning a car, owning an aircraft is a laborious task as it involves a lot of steps. The first thing you need to do is to determine your budget. Consider factors such as the purpose of the aircraft and your income. The next step is to get a pre-approved financing plan. Airplanes can cost you around $15,000 to $300,000. Unless you can pay the amount upfront, you need to have a financing plan readied. After this, you can now begin testing the plane. Once you are decided, you then have to register it and have it insured.
Are pre-owned airplanes a good investment?
The question of what to choose between brand new or pre-owned airplanes always comes up for buyers. Many factors play when making this decision. But, you have to consider this first: your budget. It makes sense to think that pre-loved will be cheaper. However, this is not the case all the time. Without proper inspection and maintenance, pre-loved may cause you more in the long run. Spend some time in the careful inspection of the aircraft’s maintenance logs before making a decision. If you are prudent and lucky, a pre-loved aircraft can indeed be a good investment.
On the other hand, buying a new aircraft also has its benefits. Even though the initial payment is higher, some companies allow you to purchase the unit in installment with low interest and finance the plane for a longer time. In some cases, that could be easier for the buyer.
What are the best airplane models for new aircraft owners?
The Cessna 150 is a side by side two-seater that took the world by storm. This plane was designed to give instructors an easier time in teaching their students. The unit offers good visibility for sight sightseeing. It is the perfect airplane for couples who love to have a quick getaway. With luck, you can buy one at only $15,000.
The ‘Coupe is not the fastest plane out there. In fact, its cruise speed is only around 90 mph. However, this plane is very pleasant. It is beginner-friendly, and it is quite affordable. You can get one at $18,000 or less. The ‘Coupe is quaint, but a fun aircraft to fly. It is like having a convertible in the sky.
Icon A5 Amphibious Light-Sport Aircraft
For those who have a bigger budget, the Icon A5 may be the choice for you. This unit is single-engine and has water landing capability. It is made for pilots who fly for recreation. It is easy to fly, lightweight, and have low operating costs. Getting one can set you back $189,000.
Your choice of aircraft is very important to your overall experience in flying. Get a bad one, and you will have a terrible time. Do you know what else is important? Your choice of a service provider! Get a bad one and be prepared to suffer. Choosing a good maintenance and service company is the best way to ensure a pleasurable flying experience.
We, at Knisley Exhaust, are ready to help you when it comes to your hobby! For decades, we have serviced hundreds of aircraft all over the United States. We are the most trusted company in terms of keeping your aircraft in top shape! Let us take you and your plane to greater heights! Call us today!