braceletwinner
Filing Flight Plan
I’m about to start my Private Pilot lessons. I noticed that renting a 172 from the flight school will end up costing me around $5000-$6000, depending on how long I take to complete. I’m in a good position financially, so I thought buying a plane would be better than essentially “wasting” $5000+, plus I’d still have a plane to fly when I got my license. I’ve noticed several planes in the $25,000 range that I can just pay cash for, so I don’t think finding an inexpensive trainer will be an issue. (I’ve read enough about what to look for when buying a plane, and I have several friends that are pilots, so I’m not very concerned about buying something that’s wrong for me.)
My question is, what do I do once I’ve picked out the plane I want to buy, assuming it’s not local? I’m sure that I would need to hire someone to check out the plane’s condition and logs. Is there a good way to find someone to do that? Also, what is the standard procedure on payment if it’s an individual seller and not a broker? A deposit until I can get to the plane to give the seller a check? Is there a standard contract for buying a plane out-of-state? I know I’d need to negotiate most things directly with the seller, I just wanted to know if there’s a usual way to handle these types of transactions.
What’s a typical delivery charge if I can’t negotiate pick-up/delivery with the seller? Just an hourly rate to the pilot plus return travel expenses? What is a decent hourly rate for that? Or is it much more involved than that?
Thanks in advance for any replies.
My question is, what do I do once I’ve picked out the plane I want to buy, assuming it’s not local? I’m sure that I would need to hire someone to check out the plane’s condition and logs. Is there a good way to find someone to do that? Also, what is the standard procedure on payment if it’s an individual seller and not a broker? A deposit until I can get to the plane to give the seller a check? Is there a standard contract for buying a plane out-of-state? I know I’d need to negotiate most things directly with the seller, I just wanted to know if there’s a usual way to handle these types of transactions.
What’s a typical delivery charge if I can’t negotiate pick-up/delivery with the seller? Just an hourly rate to the pilot plus return travel expenses? What is a decent hourly rate for that? Or is it much more involved than that?
Thanks in advance for any replies.