Buying an older airplane

An extended warranty is an insurance policy that you have already paid
for. The company knows almost exactly how much profit is involved in an
extended warranty. Almost all of it.


That would depend on the cost would it not? Perhaps you should research the
costs of extended warranties available on new planes and get back to us.

New engines have problems.

We all have the same engines so that is a nonfactor.


We don't all have new engines, and we don't all have warranties covering our
engines. Those would seem to be two factors more than zero.



Maybe you should try looking at the Cirrus owners group. They have a
free
area where they used to talk about their troubles, but now they hide
most of
the bad news in the members only section. I am not a member, but
apparently
the discussions are a bit scary.

Every plane has its problems unique to itself.


Exactly my point, it seems we are getting closer to agreement.



Maybe you should talk to some new 182 owners that had to have extensive
work
done on their planes which were not manufactured to spec. All the new
planes have bugaboos. That's life.

I have flown in and seen many new 182's. Don't want one. A new 206 I
would seriously consider. But it is a lot of money to spend to not get
much improvement.


Well, I appreciate your perspective on the value of a new Cessna, but the
point was that new planes often need lots of work. This was stated to
disagree with your point that new planes don't have much go wrong, and
therefore the value of the warranty was cheap.

Some factories, most, have not always been quick to rush in and correct
thngs that were obviously a manufacturers defect but were some how
questionable warranty repairs due to the type of fault, or the time at which
it became apparent. Thus the value of an extended warranty. Personally, if
the extended warranty were similar to extended car warranties in percentage
of cost and terms , I would run away from the manufacturer because he
obviously knew the plane was a dud.