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I have a hunch that the market is bad enough that you will be able to
get a much better plane for $50K than many are suggesting. I think they would be really hard to sell right about now. So many of the planes that seem to be too expensive for you will still be sale when you are flying around in yours! Their owners haven't grasped what is going on. I'll bet you could buy one for about 60-70% of what you are expecting if you were patient; and it wouldn't be a heap. So I'd pick the airplane that would meet your needs that you could get a really good deal on. It wouldn't matter a lot what brand it was. I have seen project airplanes suggested. Only buy one of those if you want a project. And, BTW, I wouldn't buy a Bonanza older than H-35. Too many speciality problems to know about. They can be a great deal if you are really expert; otherwise, you could drown in AMUs spent. Bill Hale On May 17, 5:24*am, Kirk Ellis wrote: A fellow pilot/friend and I have been knocking around the idea of doing a 2-way partnership on an aircraft next summer. I have had my ticket since 1998 although I have only 150 some odd hours total. My friend has about half that. Relatively speaking we still consider ourselves newbie "students" but have this overwhelming desire to become the best pilots possible and that requires lots of practice. |
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For example, I just heard of a guy buying this plane:
Cherokee Archer II 3000TT 0 SMOH, nice condition. Garmin stack including 430. $60K. Not quite in your price range. Hang in there. You can get a better plane than is being proposed. BH On May 20, 12:43*pm, " wrote: I have a hunch that the market is bad enough that you will be able to get a much better plane for $50K than many are suggesting. I think they would be really hard to sell right about now. So many of the planes that seem to be too expensive for you will still be sale when you are flying around in yours! Their owners haven't grasped what is going on. *I'll bet you could buy one for about 60-70% of what you are expecting if you were patient; and it wouldn't be a heap. So I'd pick the airplane that would meet your needs that you could get a really good deal on. *It wouldn't matter a lot what brand it was. I have seen project airplanes suggested. *Only buy one of those if you want a project. And, BTW, I wouldn't buy a Bonanza older than H-35. *Too many speciality problems to know about. *They can be a great deal if you are really expert; otherwise, you could drown in AMUs spent. Bill Hale On May 17, 5:24*am, Kirk Ellis wrote: A fellow pilot/friend and I have been knocking around the idea of doing a 2-way partnership on an aircraft next summer. I have had my ticket since 1998 although I have only 150 some odd hours total. My friend has about half that. Relatively speaking we still consider ourselves newbie "students" but have this overwhelming desire to become the best pilots possible and that requires lots of practice.- Hide quoted text - - Show quoted text - |
#3
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On Tue, 20 May 2008 11:43:55 -0700 (PDT), wrote:
I have a hunch that the market is bad enough that you will be able to get a much better plane for $50K than many are suggesting. I think they would be really hard to sell right about now. Your partner might just be that plane seller too. Ask, many could still aford 1/2 0r 1/3rd -- Tel (239) 732-8660 Toll Free 1-888-732-8660 Christoph A. Zierhut, Real Estate Broker ABR® |
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