How to Buy your First Aircraft: What to Do and What to Avoid

About this course

If you’ve thought about what it takes to buy an aircraft, this course is for you! You may be learning to fly for your career, or maybe exploring your options for how to get into the aviation industry, or following your childhood dreams of getting your pilot’s license for fun. By taking this course, we want to demystify the idea of buying your first aircraft. We know that excitement from finding the right aircraft, making the deal and taking off. So, why not share what I have learned with clear, manageable steps to take in order to make your dream a reality? When I planned this course, I knew I wanted to answer the following questions:What’s the process for buying a plane?Why am I more confused after reviewing airplanes on different websites?What’s the right price for the aircraft I want to buy?Is this the right aircraft for me?How do you make sure that the aircraft is working appropriately? This course will help you get familiar with the complete process of buying an aircraft.By the end of this course, you will learn through a series of 15 videos:Investment analysisAircraft acquisition costsHow to estimate ownership costsAircraft as an investment. An approximate return on your investmentA quantitative analysis of buying vs renting a planeBuy an aircraftWhat’s the right aircraft for youBudget and timingAircraft financingResearch and selectionValuation tipsMake an offerPre-buy inspectionPaperwork & closingAircraft home and aircraft insuranceFuture operationHow to keep aircraft value up and marketableNext Generation upgrades: ADS-B Out.

Course objectives

• illustrate the full aircraft buying process
• help identify the right aircraft for individual needs
• provide insights into future aircraft operation and value retention