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How to Buy your First Aircraft: What to Do and What to Avoid
Buy an aircraft by using my step by step guide. Learn about aircraft valuation, ownership costs, and pre-buy inspection.
This Course Includes
udemy
4.5 (23 reviews )
1h 4m 
english
Online - Self Paced
professional certificate
Udemy
About How to Buy your First Aircraft: What to Do and What to Avoid
If you’ve thought about what it takes to buy an aircraft, this course is for you! You may be learning to fly for your career, or maybe exploring your options for how to get into the aviation industry, or following your childhood dreams of getting your pilot’s license for fun. By taking this course, we want to demystify the idea of buying your first aircraft. We know that excitement from finding the right aircraft, making the deal and taking off. So, why not share what I have learned with clear, manageable steps to take in order to make your dream a reality? When I planned this course, I knew I wanted to answer the following questions:
What’s the process for buying a plane?
Why am I more confused after reviewing airplanes on different websites?
What’s the right price for the aircraft I want to buy?
Is this the right aircraft for me?
How do you make sure that the aircraft is working appropriately? This course will help you get familiar with the complete process of buying an aircraft. By the end of this course,
you will learn through a series of 15 videos
:
Investment analysis
Aircraft acquisition costs
How to estimate ownership costs
Aircraft as an investment. An approximate return on your investment
A quantitative analysis of buying vs renting a plane
Buy an aircraft
What’s the right aircraft for you
Budget and timing
Aircraft financing
Research and selection
Valuation tips
Make an offer
Pre-buy inspection
Paperwork & closing
Aircraft home and aircraft insurance
Future operation
How to keep aircraft value up and marketable
Next Generation upgrades: ADS-B Out.
step by step guide to buy an aircraft to make the buying process easier for you
. Print it out and take it with you when you go check out your potential first aircraft. The guide includes:
Aircraft purchase agreement sample
Bill of sale document
Aircraft registration application
Airworthiness certificate application
Information if registering aircraft in an LLC
List of websites that advertise aircraft for sale
List of Facebook groups that advertise aircraft for sale
Guidance to deal with an aircraft mechanic for the pre-buy inspection
Finding an aircraft mechanic
Defining the scope of the review
Important things to fix versus nice things to fix
Legal
How to use the information in your advantage
Questions to help you solve what’s the right aircraft for you
Tables to help you estimating your personal cost structure
Acquisition costs
Ownership costs
What You Will Learn?
- Organize the aircraft buying process .
- Learn the acquisition costs .
- Figure out the right aircraft for you .
- Setup a quantitative analysis of buying vs renting an aircraft .
- Get valuation tips for a variety of variables .
- Plan for paperwork & the closing .
- Estimate the aircraft ownership cost .
- Know how to find the appropriate financing for your aircraft .
- Be aware of the importance of aircraft insurance and a hangar .
- Prepare to make an offer .
- Prepare for the future operation of your aircraft: depreciation and next generation upgrades Show moreShow less.