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Buying a plane versus renting



 
 
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  #26  
Old March 3rd 04, 05:26 PM
RD
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Hi John,

I'm not sure of the logic, but it's the only new 172R at the airport. The
current owners are attached to it I think if that makes any sense. In fact,
I did all my training on it from day one just through a friendly arrangement
I have with them. I know the planes history basically since the day it
arrived from the factory. I can't comment any further on why they'd like to
see it stay at the local airport. They have no intentions of leasing it back
as they are quite content with their new aircraft.

The only concern I have is with depreciation and the falling US dollar.

Ryan

"John Galban" wrote in message
om...
"RD" wrote in message

...
snip
The
only reason the price is low, compared to what I see advertised anywhere
else, is they want to keep the plane in the city.


You mentioned this before, but I'm having trouble understanding the
logic behind it. What difference does it make to the seller where the
plane goes? Are they going to want to lease it back?

John Galban=====N4BQ (PA28-180)



 




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