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Old 16th Nov 2009, 15:56
  #149 (permalink)  
007helicopter
 
Join Date: Apr 2006
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If buying new, thee will be massive depreciation. Look at www.controller.com and get settled in on what to expect
Sternone, What part of Paulp's explanation did you not understand about depreciation?

What vehicle, plane, boat has not depreciated dramatically in this market?(other than your Mooney)

People do not buy a brand new Cirrus as an asset in finacial terms they buy it to use to go places, likewise top ends cars depreciate heavily as you drive it away from ther forcourt.

Anyone in the market for any brand of plane should be able to get a phenominal deal right now, so if you have the cash go shopping.
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