Buying a Used Airplane: Choosing Your Type

Buying a used airplane is a major investmentĀ  and it is important that you do your research in order to ensure that you get the right plane for you. There are a wide variety of airplanes available and you need to give serious consideration to which type of airplane is best for you.

The first thing that you need to consider is how you plan to use your airplane. The needs of a sport pilot, who flies in his local area on the weekends are dramatically different from someone who uses their plane as a means of transportation.

You will also need to realistically assess your flying skills. If you have never flown a high performance aircraft or a tail dragger it may not be a good idea to run out and buy one. Although stepping up to a higher performance airplane then you are used to is entirely possible, don’t take too big a step. Going from a Cessna 172 to a multi engine turbine is probably a mistake.

You will also want to consider how many passengers you normally carry. If you want to take the whole family flying a two seater is not the right airplane for you. It is also not a good idea to buy a larger airplane than you need. If a two seater meets your needs there really is no reason pay the extra cost of owning a larger airplane.

You will also want to consider how far you normally fly. If you plan to use your airplane for trips of several hundred miles than speed will be an important factor for you. If most of your flights are local speed will be less of a factor and the extra expense of a fast airplane probably won’t be worth it. If you are planning to use your plane for long trips you will probably want it fitted out for IFR. If you only fly locally this probably isn’t worth the expense.

You will also want to consider what kind of airports you normally fly in and out of. If all of your flying is from nice big paved runways your choice is pretty much wide open. However if you plan to operate off of very short runways, or grass strips, or unimproved areas you will need to select an appropriate airplane. Obviously if you want to fly off of water you will need a float plane.

Overall, buying an old airplane is indeed a great kapitalanlage. While the value depreciates, you can always turn this asset into something new using your creativity. So what are you waiting now? Go now and invest your money!

These are some of the things that you will need to consider before you buy an airplane. There is no such thing as the perfect airplane, only the best airplane for your needs, so it is important to be realistic about your needs.