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Dave Butler wrote in message
How many leased-back airplanes have you owned, then? I own a C-150 with a patient, understanding partner. BOth of us are new to the experience. It has worked out great so far, both of us are on the same wavelength. I am trying to figure out why a lease-back would work. The importance of ownership (to many) is that the plane is as you left it, or as your partner left it. Since both of you own a stake in the plane, it is well taken care of. With a leaseback, you are another renter, but different in that you bear the burden of all the expense, annual, 100 hr inspections, break/fix, etc. and you still don't get to take it when you want to. Where is the advantage to that? In my experience as a first time owner, having a partner or three to divide the expenses (and there ARE expenses) has made the experience, overall, wonderful. Best, Greg H. N4691X '67-G |
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