jetcareers - View Single Post - Question on age vs. debt to start flight training...

kellwolf · April 10th, 2005, 16:45

Don's right. If I had the money to do that, I would have. The advantage is that you can re-sell the plane for almost what you paid for it at the end of your training. This SIGNIFICANTLY reduces the cost of your training. You don't need anything fancy, just an old, beat up (but airworthy) IFR 172 would do it. You can rent an Arrow for the retract time on the commercial, and you can rent a Seminole to get the ME rating. You'll probably get close to 240 hours in the 172, so multiply that by around $60 (or any other dry rates in your area).

April 10th, 2005, 16:45	#14
kellwolf Old Skool Join Date: Jun 2003 Location: Memphis, TN Posts: 13,855	Re: Question on age vs. debt to start flight training... Don's right. If I had the money to do that, I would have. The advantage is that you can re-sell the plane for almost what you paid for it at the end of your training. This SIGNIFICANTLY reduces the cost of your training. You don't need anything fancy, just an old, beat up (but airworthy) IFR 172 would do it. You can rent an Arrow for the retract time on the commercial, and you can rent a Seminole to get the ME rating. You'll probably get close to 240 hours in the 172, so multiply that by around $60 (or any other dry rates in your area).