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Old 6th Apr 2016, 21:55
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rmdr2
 
Join Date: Jan 2006
Location: United Kingdom
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how to buy an aircraft?

Hi all

I am looking for advice on 'how to buy an aircraft'. Clearly, a very big topic, with no simple answer.... but any gems of advice gratefully received.

My research on the choice of aircraft is well progressed.... a short-field load-lifter, so something like a C206/C210/PA32

My question is more about how one actually goes about safely buying the aircraft, i.e., is there an idiots guide?

(i) Pre-purchase inspections - who can be trusted to do them? Surely the quality of the pre-purchase inspection is a function of the individual performing it. Can anyone recommend specialists on C206/C210/PA32's? Are there any warranties/guarantees if the engine/aircraft turns out to be a dog (after spending c.£100k based on the result of a pre-purchase inspection)?

(ii) What are the pros/cons of purchasing an aircraft in the US and keeping it on N-Reg. (I know that I'd need to hold an FAA licence)

(iii) Any recommendations/top tips on insurance brokers?

(iv) What about purchasing from European countries/Turkey?

(v) Legals? Is it worth engaging a profession buyer? Is there such a thing as a professional buyer?

(vi) Currency requirements of all the various components of an aircraft (radios/instruments/landing gear/IFR kit, etc.)

(vii) Any other top tips? Pitfalls to avoid?

I guess the bottom line is that I have been saving to buy an aircraft for over 10 years. Now that I have the ability to actually buy one, I'm realising that there is a fair to middling chance that I could end up with a lemon.

Anyone out there happy to share words of wisdom/experience or even guidance?

many thanks in advance

rmdr2
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