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To do some very preliminary budgeting for purchasing an older single engine aircraft, I need an idea of how long of a term that a finance company might provide for a 30 year old aircraft. I suspect there must be a typical limit for aircraft over a certain age. Does anyone have information that can get me in the ball park? Is it possible to get a 15 year or even a 20 year loan on a 30 yo plane? |
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