Glider Financing

In the UK it is normal for gliders to be shared between syndicates of 2 or 3 members. A syndicate of less prosperous members might buy an older glider for 8,000 dollars, and for a third of that a syndicate member can have as much fun flying as a prosperous pilot who invests 400,000 dollars in the latest supership. So pilots invest whatever they can afford. I have not heard any private owners talk about taking finance on a glider.

On Monday, June 10, 2013 3:35:27 AM UTC-4, waremark wrote:
In the UK ... I have not heard any private owners talk about taking finance on a glider.

I believe that that is true for many cases in the USA, but the younger cohort that is in line to buy used gliders from the baby boomers, is not so affluent. The baby boomers are hoping that the new buyers will finance their purchases, otherwise there will be a shortage of buyers and a radical drop in prices.

The good news is that folks will probably be able to buy a well maintained 1:40 glider for $10,000 10 years from now. Wearable avionics should drop in price as well.