True cost of ownership

"Carl Orton" wrote in message
...
"C Kingsbury" wrote in message
ink.net...

If the engine dies you can always get
an overhaul loan or just sell it and eat the loss.

Interesting. Didn't know you could get a loan strictly just for an
overhaul.
Do the normal aircraft financing sources provide this? What if there's
already an outstanding loan? What if there isn't a loan (i.e., you have no
record with *them*, but you have a good credit history)?

Heck, you can get a loan on anything so long as the bank can put a lien on
it and know they'll get their money back. Since engines add value almost
dollar-for-dollar it's a no-brainer.

Now, ask a bank for an unsecured line of credit for a small business, that's
when they practice making the faces they use to scare little kids.

-cwk.