Myself and 2 partners leased a 182RG for about 4 months last summer from a
local FBO that is in the business of leasing aircraft. He set the insurance
requirements, we got the insurance and named him as an additionally insured.
We had exclusive use of the plane but let him "borrow" it for the occasional
flight test, he's a DE. Insurance was no higher than if we had owned the
aircraft. We dealt with Aviation Resources Inc. at http://www.air-pros.com/
When we bought our Aztec, we turned in the 182RG and cancelled the
insurance. We got an insurance refund minus 10% for the remaining period.
Find an FBO with a lot of airplanes sitting idle. Talk to them. Our lease
required us to pay for 20 hours flight time per month at $50 per hour dry,
if we went over 20 hours, we paid the same $50 per hour and were allowed to
"bank" the extra hours to apply to a month that we didn't fly the minimum.
We also had to have it hangered and pay for the hanger rent. The owner did
all maintenance includeing oil changes and inspections. It really worked
well for us and he leases a lot of planes this way because he owns so many
and realizes that it's an additional income source and a way to keep his
airplanes flying and maintained.
Jim
Thanks for the information. This might work for me if I can find an FBO nearby
with one of the planes I'm interested in.
Was there a standard lease contract that you used for the 182RG lease?
Thanks,
Eric