cost of ownership

I have got to start typing/spelling better!



"Dude" wrote in message
...
Forget it, never listen to someone who has absolutely no business posting
this....



Forget it. You will never make a leaseback work. Plus it is the same
as
renting a plane. You now have to schedule your own damn plane. You
would
need commercial insurance. It is at least three times regular
insurance.



Seriously, there are a thousand stores of bad leaseback situations. You
will not here the happy owners screaming at the top of their lungs. My
leaseback works okay. The key is to have a plane that can get the hours
you
need it to. If yo uneed 40 plus hours/month, the plane needs to be a
primary trainer (or the only plane that fills the complex trainer role),
and
needs to be something that fits in with the fleet (you don't necessarily
want to be the only low wing or high wing in a fleet).

You have to evaluate the fleet hours they are getting, who owns the other
planes, what will likley happen to the hours on the fleet from your adding
a
plane (will it just spread the same renters thinner, or will it fill a
need,
or what). Also, you need a rainy day fund.

You will likely be placed on the FBO's fleet insurance.