Category Archives: Plane Ownership

Want to Buy a Used Airplane?–Things to Keep in Mind

Before buying a used aircraft, make sure that you conduct a stringent inspection of the mechanical parts and the plane's aesthetic condition. Also, scrutinize the paperwork, especially the logbook, title, and certifications.  Buyers of used airplanes tend to overlook the supplemental type certificate or STC, which is a document showing that there is an FAA approval to modify an aeronautical vehicle from its original design.  Another documentation that you have to scrutinize is the aircraft title. If you fail to practice due diligence, you may end up buying a used airplane with an undisclosed lien.    Resale value: what to ...