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Old 29th Jun 2015, 09:53
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maxred
 
Join Date: Feb 2007
Location: GLASGOW
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Looking for funding on aircraft has become more difficult, since the financial disaster. Some companies have introduced minimum lend, which means your deposit required gets larger. Some companies will only lend new. You then take a huge hit on depreciation. Most have pulled out of the market. So, where does it leave you.

1. Save up and purchase with cash.
2. A personal loan from a bank.
3. Group, where a few of you get together, pull resource, and purchase.
4. Find a willing seller, agree a price, and pay it up over 12-18 months, with interest. He will sell you shares in the asset, you become managing owner, and after final payment you own it. You will be responsible for all costs.
5. I would always buy used....

Hope that helps
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