You want something that flies, or a project? $200/month at 5% is less than
$20K. There isn't much out there that is not going to cost at least another
$200/month to maintain for that price. Don't forget to include your fixed
expenses like tiedown/hangar, insurance, annuals, registration etc. Plus if
you are going to fly it, you need to include the cost of fuel, and overhaul
fund and maintenance. A rule of thumb that seems to work out about right
for flying expenses is 4x the cost of fuel for something that is flown
regularly.

Mike Fortunato wrote:

If anyone knows of a LOW wing (Piper or similar) plane for sale where I
can assume the existing loan payments, or owner financing, which is less
than $200/month, please let me know. Thanks.

Mike


*** Sent via http://www.automationtools.com ***
Add a newsgroup interface to your website today.

--
--Ray Andraka, P.E.
President, the Andraka Consulting Group, Inc.
401/884-7930 Fax 401/884-7950
email
http://www.andraka.com

"They that give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
-Benjamin Franklin, 1759