Investing in an airplane is a huge step – both emotionally and financially. You want to be sure you are getting the best possible deal on an aircraft that will meet your needs now- and into the future. Here are some key factors to consider when choosing an airplane; keep reading.
What To Do & Notice When Buying An Aircraft
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Get A Copy Of The FAA Type Certificate Of The Aircraft You Want
Everything you need to know about the aircraft is in this document, from available engines, propellers, gross weight, empty weight, speeds, and other information. This also informs you what FAA regulation the airplane was constructed under.
The Type Certificate (TC) provides critical information about service life and possible required replacements. These certification standards will have an impact on your maintenance costs. If you don’t understand what the TC means, contact your local FSDO branch office. An FAA expert will be pleased to clarify things for you.
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Be Alert To Advertising Phrases:
Some of these can be:
-No damage
-Recent annual
-Always hangared.
Remember, ask the company to prove these claims with the proper certifications.
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Check The Paperwork
It should comply with the aircraft’s type, design, and any necessary changes or ADs. It should also include a history of all significant repairs and modifications done over time.
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Examine The Aircraft:
These are some of the things you can’t overlook when examining an aircraft:
- If the struts are equally extended
- Look if the wings have any corrosion or loose rivets
- Make sure the fuel caps have good rings to keep water out. Also, look if there’s debris or other junk at the bottom of the tank
- Look for the flaps. Do they have any rust or corrosion on the hinges?
- Check all the doors and windows. Do they have good seals to keep out noise and water?
- Also, check the wheels, brakes, and tires.
- Ensure that the hydraulic struts don’t have uneven wear or signs of excessive wear.
Purchase Your Aircraft Through AirFleet Capital Today
AirFleet Capital is an aircraft financing company; we’ve been helping aviation enthusiasts get their ideal airplane since 1994. With more than 1,800 aircraft financed, we’ve grown with the industry to understand our clients’ needs.
If you’re interested in knowing our aircraft loan rates, browse our website today. In it, you’ll find our aircraft loan calculator; this will give you an estimate of what your monthly payments could look like. Contact us for more information and let your dreams take flight with the help of AirFleet Capital!
