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Old February 17th, 2007, 15:38   #12
MSUDAWG
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Default Re: Buying a plane vs renting from FBO? Worth it?

Quote:
Originally Posted by jrh View Post
The same can be said for resale value. Some people make $5k on the resale. Some people break even. Some people lose $5k. There are so many factors involved, nobody can predict exactly what a plane will resell for. You might make a killing, but don't count on it with any certainty.
Even if you lose the 5k on the resale, and you got your priv, instr, comm and cfi in your airplane I would say losing 5k in the resale is well worth the deal........4 ratings and a bunch of time you built all for 5k, seems worth it to me.......(less fuel costs of course)
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