Questions from the Cockpit: Old(er) vs. new(er)

Adam, a private pilot in Georgia, writes: I’m tired of the hassles of renting to feed my passion. It’s time to pony up and become an airplane owner. I’ve read up on everything and think I know what I’m in for. But I do have one item that I’m getting differing opinions on, so I’d like your wisdom: Should I go for a good deal on an older airplane and have some money left over to make it nice, or should I go for something newer, basically buying all the airplane that I can afford? My budget is more in car-buying territory than in house-buying territory.
Source: general aviationQuestions from the Cockpit: Old(er) vs. new(er)

Leave a Reply

Your email address will not be published. Required fields are marked *