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Hi My name is Jack and I'm an aviation addict...could I possibly
convince you that my addiction is much safer and cheaper than crack? -- Jack Allison PP-ASEL, IA Student "When once you have tasted flight, you will forever walk the Earth with your eyes turned skyward, for there you have been, and there you will always long to return" - Leonardo Da Vinci (Remove the obvious from address to reply via e-mail) |
#2
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Ahhh... rationalization.... the hallmark of a true addict... :-)
Jon Kraus PP-ASEL-IA Student Mooney purchaser Jack Allison wrote: Hi My name is Jack and I'm an aviation addict...could I possibly convince you that my addiction is much safer and cheaper than crack? |
#3
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Jack Allison wrote
Hi My name is Jack and I'm an aviation addict...could I possibly convince you that my addiction is much safer and cheaper than crack? No. Because it isn't. Michael |
#4
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"Jon Kraus" wrote in message
... buying my first airplane? Better hurry because Monday we have the prebuy inspection to go thru. If that goes well then probably by the end of next week I'll be an airplane owner (co-owner actually). I have really gotten a lot out of this and the Mooney owners news and email groups. It appears that we have found a clean '79 M20J for a decent price. I am paying more then I originally bugeted but welcome to aviation right? I figure that I would take the plunge in a plane that I can use for a while with out feeling like I need to upgrade right away. I have a feeling that that is what would happen if I would have bought a 152 or Warrior. The Mooney can hold 4 people and cruise at 150 knots on 10 gph. I think that will satify me for a while anyway. Anyone have any regrets about airplane ownership they care to share? Jon Kraus PP-ASEL-IA Student Mooney purchaser Jump right in, and if you can, participate in the prebuy (take the day off if you have to, or call in sick it wouldn't be lying, as aviation can properly be termed an illness, although it's a healthy kind of illness), you'll learn alot and your mechanic can point out many things to look out for that will come in handy as an owner. Mooney's make a pretty decent instrument platform as well from what I hear. Regardless of what kind of plane you buy, be it a Cessna 152 or a King Air, by this time next year you'll be thinking about getting something a bit more. This is just human nature I guess. If it fits your normal mission profile, great! Just don't be one of those people who buys a plane and then never makes the time to fly it.. This probably won't be much of a problem since it'll be co-owned. I hope you know your co-owner real well and have a pretty solid agreement in place between the two of you. I can speak from experiance that if it's not laid out in detail, it can fall apart pretty quickly, this would be my only caution. I've had 1/2 of an aircraft that's ended up sitting on the ground for two+ years because my co-owners refuse to get things done, and when I said to heck with it and offered to pay to get it annualed out of my own pocket, they refused, and since the ownership is 50/50 I'm powerless to do anything about it (shops on the field won't touch it because they don't want to get in the middle of the situation, which is understandable). Only recently, when they've decided to move from the area have they been willing to let me buy out their half of the airplane. Hopefully we'll get that taken care of this week and it will no longer be an issue. -- Louis L. Perley III N46000 | N370 (half owner) |
#5
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I am definitely going to be watching all of the pre-buy. I love messing
with mechanical things!! As for partnerships go.. I found a guy in my flying club that has way more money than me and not as much time. I thought that this would suit me perfectly. :-) Time will tell I guess... Jon Kraus PP-ASEL-IA Student Mooney purchaser Louis L. Perley III wrote: "Jon Kraus" wrote in message ... buying my first airplane? Better hurry because Monday we have the prebuy inspection to go thru. If that goes well then probably by the end of next week I'll be an airplane owner (co-owner actually). I have really gotten a lot out of this and the Mooney owners news and email groups. It appears that we have found a clean '79 M20J for a decent price. I am paying more then I originally bugeted but welcome to aviation right? I figure that I would take the plunge in a plane that I can use for a while with out feeling like I need to upgrade right away. I have a feeling that that is what would happen if I would have bought a 152 or Warrior. The Mooney can hold 4 people and cruise at 150 knots on 10 gph. I think that will satify me for a while anyway. Anyone have any regrets about airplane ownership they care to share? Jon Kraus PP-ASEL-IA Student Mooney purchaser Jump right in, and if you can, participate in the prebuy (take the day off if you have to, or call in sick it wouldn't be lying, as aviation can properly be termed an illness, although it's a healthy kind of illness), you'll learn alot and your mechanic can point out many things to look out for that will come in handy as an owner. Mooney's make a pretty decent instrument platform as well from what I hear. Regardless of what kind of plane you buy, be it a Cessna 152 or a King Air, by this time next year you'll be thinking about getting something a bit more. This is just human nature I guess. If it fits your normal mission profile, great! Just don't be one of those people who buys a plane and then never makes the time to fly it.. This probably won't be much of a problem since it'll be co-owned. I hope you know your co-owner real well and have a pretty solid agreement in place between the two of you. I can speak from experiance that if it's not laid out in detail, it can fall apart pretty quickly, this would be my only caution. I've had 1/2 of an aircraft that's ended up sitting on the ground for two+ years because my co-owners refuse to get things done, and when I said to heck with it and offered to pay to get it annualed out of my own pocket, they refused, and since the ownership is 50/50 I'm powerless to do anything about it (shops on the field won't touch it because they don't want to get in the middle of the situation, which is understandable). Only recently, when they've decided to move from the area have they been willing to let me buy out their half of the airplane. Hopefully we'll get that taken care of this week and it will no longer be an issue. |
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As Ron Natalie and several of us have noted...
If it flies, floats, or fornicates, it is FAR cheaper to rent. WELCOME to the ranks... Jim Jon Kraus shared these priceless pearls of wisdom: -buying my first airplane? Jim Weir (A&P/IA, CFI, & other good alphabet soup) VP Eng RST Pres. Cyberchapter EAA Tech. Counselor http://www.rst-engr.com |
#7
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Thanks Jim!! I must say that i am looking forward to ****ing my money
away on an airplane.... Jon Kraus PP-ASEL-IA Student Money purchaser Jim Weir wrote: As Ron Natalie and several of us have noted... If it flies, floats, or fornicates, it is FAR cheaper to rent. WELCOME to the ranks... Jim Jon Kraus shared these priceless pearls of wisdom: -buying my first airplane? Jim Weir (A&P/IA, CFI, & other good alphabet soup) VP Eng RST Pres. Cyberchapter EAA Tech. Counselor http://www.rst-engr.com |
#8
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Anyone want to talk me out of buying my first airplane? Heck no! Why shouldn't you postpone your retirement like the rest of us? I don't really know how much I've spent on my airplane (I might faint if I did) but I do know it's given me more enjoyment than any other "toy" I've ever owned. Go for it! -- Dan C172RG at BFM |
#9
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I think that I'll do like my CFI said when I first started messing with
airplanes. He said just "take all of your receipts and put them in a box and DON'T look at them!!" Doing the "head in the sand" thing works out good for airplanes. Jon Kraus PP-ASEL-IA Student Mooney purchaser Dan Luke wrote: Anyone want to talk me out of buying my first airplane? Heck no! Why shouldn't you postpone your retirement like the rest of us? I don't really know how much I've spent on my airplane (I might faint if I did) but I do know it's given me more enjoyment than any other "toy" I've ever owned. Go for it! |
#10
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"Jon Kraus" wrote in message ... I think that I'll do like my CFI said when I first started messing with airplanes. He said just "take all of your receipts and put them in a box and DON'T look at them!!" Doing the "head in the sand" thing works out good for airplanes. Jon Kraus PP-ASEL-IA Student Mooney purchaser Jon: That's good advice!!!!!! I can't speak for a Mooney,but My little 150 holds it's own in that department. I had occasion to look up the total cost for the last 12 months and I am trying to forget the number so I will not mention it here. :-) P.S. I wouldn't trade a minute of ownership for all the tea in China. Go for it!!!! Bob Barker N8749S |
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