Ryan,

Not that I know anything, but here's my opinion:

With the Feds allowing 50% bonus depreciation on new aircraft (for business
use), my assumption is that this will increase sales for new aircraft and
cause the late model used market to slump (e.g. 1997 - 2001 172s). Also, I
think the late model used market will further be depressed because of the
glass panel cockpits coming out.

I'm also trying to decide if I want to purchase new or pick up a one of
these late model aircraft. I'm seeing asking prices that are fairly
attractive. One would hope that you'd be catching this market at the
bottom of the trough, and that most of the value has already declined from
the person who initially bought the plane.

I'm sure you'll see the response that if you fly more than 100 hours a year,
then it's cheaper to buy. That depends on a lot of things, but as you say,
you're looking to fly 250+ hours per year over the next couple of years,
then you should absolutely be looking at buying.

You might want to describe to the group what type of flying you'll be doing
as well, and where.

r.



"RD" wrote in message
...
Just wondering if anyone has some experience on the above subject. I'm
looking at building up some time (500 hours or more) within the next
couple
of years. My two options are to buy an older 172/Arrow etc or just to keep
renting which is very expensive.

If I can find a decent airplane, in the end, I assume purchasing one to
use
for a couple years will be cheaper. Am I wrong about this? Any pitfalls I
should be aware of?

A second question is regarding purchasing a newer 172. I know the initial
cost is more, but given the age is it probable to save money via
maintenance
compared to an older airplane? What about resale on a newer 172 (year
2001)
versus resale on an older 172/Arrow?

Any input is really appreciated.

--
Thank You,
Ryan