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Owning before obtaining a PP license



 
 
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Old November 1st 04, 01:46 AM
New Pilot
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Default Owning before obtaining a PP license

Hello all,

Wanted to hear your advice about buying a brand-new plane even before
getting the PPL ticket.

Here is my situation: I am a businessman sitting on quite a bit of cash
being generated by my business, and I am also a student pilot, will probably
get my ticket by the next Summer. I am thinking about buying one of them
Cirri SR22.

Considering that the inflation in this country is picking up, and also that
there is quite a long waitlist for those Cirrus aircraft, would it make
sense for me to place an order now, and until I get my ticket and gain some
experience, to lease the plane back to my local FBO?

Does this make sense economically, or am I totally crazy? In general, how
good an investment are those brand-new airplanes, provided one can afford to
pay cash for them?

Thanks in advance,

A Newbie Pilot


 




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