Airplane Financing

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Looking For A Light-sport Or Ultralight Airplane Either...

New postby Ardelle » 28 Nov 2009, 17:03

Looking for a light-sport or ultralight airplane either free or owner-financed - any leads?

Finances are tight and credit options restricted, but I could use an ultralight or light-sport airplane to build hours/confidence while I work toward my light-sport license. Mechanically inclined, so projects are acceptable.
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New postby Kacie » 28 Nov 2009, 17:03

Yeah, if you find free aircraft pass along the details.
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How hard is it to finance an airplane? Credit, money down,..

New postby Twyla » 28 Nov 2009, 17:03

How hard is it to finance an airplane? Credit, money down, etc.? How hard is it to finance an airplane? Credit, money down, etc.?
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New postby Louann » 28 Nov 2009, 17:03

It is extremely difficult, especially if you are interested in a new plane. The demand is so high currently or new planes that you must have a huge deposit up front when you place the order and then you must have the final balance due at delivery. Keep in mind to that operating a plane is extremely difficult. No bank is going to finance you if they determine that you don't have the net worth to maintain the plane.
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From: mobile_drew
RT @dbrauer: Regardless of how you feel about public financing, doesn't that proposed #vikings stadium look like overbuilt airplane hangar?

From: dbrauer
Regardless of how you feel about public financing, doesn't that proposed #vikings stadium look like overbuilt airplane hangar?

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