Where to buy an AirplaneHow to buy a plane
from Charlie Spence, Aviation Writer and IFA member.
Buying a used plane: Nine Step (with pictures)
Go over your plane with a check list before you take off into the wild sky. This also applies to the purchase of an airplane, in particular a used one. However, with some careful consideration, you can take the trouble to find the plane that suits your needs and your qualification levels. Select the right plane for you.
Will you be using the plane primarily for your own travel or for work? The price you are paying for an airplane is only part of the operating costs. Don't neglect to indicate the costs of operations and servicing. Consequently, they are constantly augmenting what they are willing to expend when they encounter planes that are just outside their monetary range.
Find the right plane. As soon as you have selected a particular airplane model that suits your needs and your budgets, you begin to compare single ships. Overall time: Lower the overall duration means more costly airplane. Blue Book and the Vref, the value reference, have formula that help you calculate how the overall amount of air travel affects the cost of an airplane.
Motor running time: Plane power plants have a lifetime specified by the manufacturers, known as TBO (Time Before Overhaul). Aercraft Blue Book and Vref have formulae for the calculation of the value of aviation electronics. It'?s important to know the story of a plane. Obtain as much information about the airplane as possible. That includes specification, service histories, damages, etc.
Damaged planes can still be a good ship, but you might want to see a real estate agent to find out the real value. Inspect the measuring devices during take-off and get a feeling for the plane in the air. As soon as you have selected the plane you want, you have to pay a security to take it off the shelves.
Conduct a pre-purchase examination. Assign a reliable technician to thoroughly inspect the airplane. Give the garage technician a specification of the vehicle together with a check sheet before buying (some finance agencies ask for this). Ensure that there are no old pledges on the plane before you buy it.
You are a very experienced pilots of the types of planes for which you can take out a policy. If you talk to an insurer in advance, you'll know if you're spending your valuable attention looking at planes you can't insure. After all, you' re enjoying your new plane.
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