Single Engine Aircraft For Sale - Have You Thought Through These Things Yet?.
If your looking to get a single engine aircraft that is for sale, you have a lot of options in front of you in terms of what you can buy. Not only that, depending on the type of aircraft you are looking at - there are a lot of variations in the price as well.
But when you are buying a single engine aircraft your going to want to make sure you do it right the first time. If you don't, you could end up having an airplane that spends more time in the shop waiting for parts then it does flying in the air. And that is not why you are wanting to buy an aircraft...
Here's 2 Things To Think Through Before You Buy Your
Next Single Engine Aircraft
First - Make Sure You Don't Buy An Airplane Just Because It Is Cheap:
Just because it is cheap does not mean your getting a good deal. I know this is overstating the obvious, but some pilots still buy airplanes because they think they are cheap and therefore they are getting a good deal.
If there are 20 aircraft on the market in terms of the type you are looking for, you don't want to just find the cheapest ones and focus on them. Obviously there might be an owner who is looking to unload his aircraft for cheap because of personal reasons, but in most cases you get what you pay for.
And one of the biggest reasons that people unload their airplanes for cheap is because the engine is timed out or near needing an overhaul. The problem with buying an airplane that is in this situation is the fact that your going to have to get the work done after you buy the airplane.
So if you are financing the airplane, your going to have to buy it and then dump potentially tens of thousands of dollars into it after you bought it. That is not a good idea... Not only that, your going to have to deal with the downtime that comes along with getting the engine rebuilt or replaced.
And when you do that - you really don't know how long your aircraft is going to be out of commission. It could be a few weeks to many months depending on the complications and the mechanics timing and schedule.
So focus on getting something that has a good amount of engine life left & that is still a good fair price.
Second - Don't Overvalue The Cosmetics..
It can be easy to look at an airplane and think that because the paint, interior and avionics are in good shape that it is worth the asking price. You have to realize that this is easy to think this but at the same time, don't overvalue these things.
Focus on valuing the airplane primary by the fundamentals in terms of it's total time, engine life, exc. Once you have done that - then start thinking about all the cosmetic stuff. But don't let those be the main price gauge of your next single engine airplane.
Lastly- make sure you "Click Here Now" and signup on the next page so I can send you a video that is instantly accessible that will show you the insider secrets to buying an aircraft that is for sale!
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