Use AOPA's aircraft valuation service, provided by VREF, to perform an aircraft valuation online. Find out about:
See full version: Buying an Aircraft
Use AOPA's aircraft valuation service, provided by VREF, to perform an aircraft valuation online. Find out about:
A pre-buy inspection on an aircraft is your chance to research and investigate every aspect of your potential investment. The prebuy should include a thorough inspection of the mechanical as well as cosmetic condition of the aircraft. In addition, the legal status of the aircraft needs to be looked at. This includes ensuring that the FAA records on the aircraft are up to date. An often overlooked step of the pre-buy is investigating which STC’s are legally installed on the aircraft. This video discusses what to do if STC paperwork is missing. [links]
The purchase of an aircraft is a major commitment that should be carefully considered. This is especially important when buying a used aircraft. Before considering a purchase, read these tips on buying a used aircraft.
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If you’re seriously interested in the buying or leasing process, then read below for a brief overview & step by step guide on how to get started. Executive Charter Flights has access to almost any type of aircraft or helicopter available on the market. If you have any questions at all, feel free to call or send us an email.
Our sales team is quite experienced and has a strong background in aircraft leasing and sales. They are able to assist you with all of the above processes and will go above and beyond to maintain the best relationships with satisfied customers. Not only do we provide uncompromising customer service and professionalism, we also provide access to a wide selection of private aircraft for purchase at affordable prices.
If you decide on a small management company, you will typically have easier access to staff and management when it comes to servicing your needs. Not only can they respond faster to your requests, but they can also provide more personalized and customized service. In contrast, a larger company may have been in service longer and offer more amenities. They may have a larger list of clients and be less personalized, but also offer efficient service. Whether large or small, it will be good to know also if they work with international travel as well as domestic. [links]
The next most challenging question is how to go about pursuing the purchase of an airplane? For most first-time buyers in today’s day and age, the internet seems the first logical step. Soon though you may come to realize that the variety of choices are vast and there is a myriad of details to sort through. Even among the same make/model of airplane. You need an expert to help guide you through the acquisition process, but how to select an aircraft broker? There is no central listing service. There is no formal accreditation or licensing process. You can’t go to one central registry. There are though plenty of glossy websites and airplane ads meant to entice you into believing you have found the answer. more
Today it literally takes a team to bring an aircraft sale to fruition. The key participant on that team remains the aircraft broker. While the days of the country club referrals are not entirely gone, relying solely on the word of one person may not be the most advisable means of selection. Some of those same qualities you would look for in a key member of your C-Suite or household staff, you should look for in the person you are going to entrust a multi-million-dollar acquisition. here
The must ask questions of the candidate should include the following:
While an over-the-phone interview is where one should start, I am an advocate of a face-to-face meeting. Even in the age of COVID. The purchase of an airplane, unlike other assets except for perhaps a yacht, is a very personal endeavor and there certainly needs to be a strong rapport with your representative. As you have likely learned before, there are just some things that can only be conveyed in person so make sure your broker is willing to travel to wherever you are to have that face-to-face discussion. [links]
Be careful of the terminology used to describe engine condition. A top overhaul involves the repair of engine components outside of the crankcase. A major overhaul involves the complete disassembly, inspection, repair and reassembly of an engine to specified limits. If an engine has had a top or major overhaul, the logbooks must still show the total time on the engine, if known, and its prior maintenance history. here
As of mid-1996, the previously required FCC Aircraft Radio Station License is no longer required within the boundaries of the continental U.S. Note: Although countries adjoining the U.S. realize this and are not asking to see a "station license," ICAO
Have an aircraft title search done. Don't make the mistake of finding out about a lien after you’ve purchased the aircraft. Title searches and related services are available through AOPA's Strategic Partner, Aero-Space Reports. here
The pink copy of your Registration should be retained and placed in the aircraft as a temporary registration certificate. It is valid for flight within the United States for 90 days. At the same time, submit any necessary state registration forms and fees to the appropriate state office. more