View Single Post
  #43  
Old April 5th 04, 05:00 AM
Richard Kaplan
external usenet poster
 
Posts: n/a
Default


"Dude" wrote in message
...


I bought my plane at about 25 hours. I was incredibly bored with the

planes
I was renting. The new plane was so much nicer to fly. I flew much more
often, and enjoyed it much more.


How long have you owned this plane? If you have owned it 5+ years, then
yes, it was a good deal. If that time has not yet elapsed, then time will
tell if it meets your needs as your flying habits evolve.

Also, if you buy a new plane, it can make sense to move up much sooner

than
5 years because of depreciation rules. If you buy used, you can usually

get

A student pilot buying a new plane?!? $200K invested in a very recently
aquired hobby?

most of what you paid for the plane if not more (assuming you don't get
taken on the buy). So I really don't get your 5 year rule.


If you sell a used plane within a few years of buying it, you will no doubt
have spent more money in catch-up maintenance than you can realistically
recover when you sell it.

On the other hand, if what you really want is an Archer, and it meets your
needs, then why wait?


Because at 25 hours it is unlikely you will know what you really want.
Your needs will change, you will prefer X-ctry or aerobatics or you will
need to go into short strips or you will need extended range or who knows
what else will change.



--
Richard Kaplan, CFII

www.flyimc.com