Thread: Leasebacks?
View Single Post
  #2  
Old July 4th 03, 06:29 AM
Dale Harwell
external usenet poster
 
Posts: n/a
Default

Dont listen to your FBO. lease back a new Cessna 172sp ? your crazy.
there is no money to be made doing that. All leasing back a airplane
does is lower your monthly payment a little, and make you feel like you
get to fly for free. But if you yhink about it, you will want to fly
your plane on the weekends and so will everyone else. you will just end
up needing a engine overhaul sooner. $15,000
Can you imagine buying a new plane, you probably will have to fork out
10% down and having some student you have never met before fly your
airplane ! It all sounded nice 2 years ago, but now people are catching
on to how dumb it is to do that.People that lease back usually cant
afford the whole payment and it sounds awsome to own your own plane, but
in reality it will cost you lots of money. If you want to and can afford
to buy a plane, buy it for yourself......good luck

*** Sent via http://www.automationtools.com ***
Add a newsgroup interface to your website today.