Opinion on club share

1/13th share in '97 172R. GPS. 2200TT, couple hundred hours on a new
engine.

Hi Paul

A 1/13 share?
If you work unusual shifts, or if your days off are weekdays then it may
be a great deal, but if you are planning to use it on weekends?
My advice is to thoroughly study the booking history - then imagine that
you had been a partner for the last year. How often could you have flown
it on times that you wanted? What was your hourly rate after buying in
and paying the monthly flat, plus hourly?
Don't forget that the monthly flat is an estimate. If costs are higher
then that goes up. If other members want expensive upgrades and you
don't how is it decided? How do the more experienced members feel about
their insurance going up because a lowtime non-PP-ASEL has been named on
the insurance.
I was in a partnership of 2 and got out of it because my partner never
washed the plane, we couldn't agree on anything - I wanted full
insurance & he didn't want any, I wanted to upgrade it - he didn't.
With 13 partners it could be a nightmare. Then afgain, $3500 for a share
in a new plane is very good. Give it lots of thought, check historical
records, make sure that there is a way for you to easily get out in the
future if you choose to.
Lots to think about but it sounds exciting.

Good luck with it Paul.
Let us know what you decide

Tony
--

Tony Roberts
PP-ASEL
VFR OTT
Night
Almost Instrument
Cessna 172H C-GICE