Among various options of buying/using a Cessna 172 or Cirrus Design SR22 or any other similar light aircraft, how many percents fall under each category below?
The options I know are:
- Outright purchase: you pay the whole cost of the aircraft upfront and own it
- Loan/purchase: you borrow money to buy the aircraft and offer it as collateral on the loan
- Operating lease: you pay the leasing company to use the aircraft for a certain period of time and return it at the end of the lease
- Financing lease: you borrow money to lease the aircraft on condition that you buy it at the end of the lease
- Synthetic lease: something between the operating lease and financing lease
- Fractional ownership
I am wondering what is the most popular among those options.
The options I know are:
- Outright purchase: you pay the whole cost of the aircraft upfront and own it
- Loan/purchase: you borrow money to buy the aircraft and offer it as collateral on the loan
- Operating lease: you pay the leasing company to use the aircraft for a certain period of time and return it at the end of the lease
- Financing lease: you borrow money to lease the aircraft on condition that you buy it at the end of the lease
- Synthetic lease: something between the operating lease and financing lease
- Fractional ownership
I am wondering what is the most popular among those options.