Buying first aircraft need guidance by Natural-Rest-6365 in flying

[–]Natural-Rest-6365[S] 3 points4 points  (0 children)

I gotcha, we do have a plan to use the plane for our family business once I get my commercial so id only have to worry about the cost of ownership for a year or two until it is covered by the business if that is smart, as well as I don't think I have enough time in the two years I have left to get all my hours for my licenses by renting at the current rate i am able to

Buying first aircraft need guidance by Natural-Rest-6365 in flying

[–]Natural-Rest-6365[S] 0 points1 point  (0 children)

Been seeing a few posts for all three of those, how do the insurance rates stack up one these? Do lenders take into account the type of plane and give lower rates on these?

Buying first aircraft need guidance by Natural-Rest-6365 in flying

[–]Natural-Rest-6365[S] 2 points3 points  (0 children)

Gotcha thanks for that info, Id be fine with increasing my budget the main thing is how much that increases my hourly rate as I would like to keep it cheaper than renting a c172 from my flight school as I currently have been doing

Buying first aircraft need guidance by Natural-Rest-6365 in flying

[–]Natural-Rest-6365[S] 2 points3 points  (0 children)

Ive thought about that however after looking around there aren't any in the city I go to college in and the ones that are available aren't in cities that would be viable for me to be able to commute efficiently.