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WAFlyBoy · December 14th, 2007, 20:46

I don't know much about airplane financing, but here's food for thought:

A 10 year note at 7.5% would look something like this:

Amt Financed / Monthly Payment
$850,000 / $10,000
$750,000 / $8,800
$500,000 / $5,900

This is financing only. As mentioned above, there are MANY other expenses associated with owning/operating an aircraft (especially a pressurized cabin-sized aircraft).

I suspect there are certain tax advantages to owning an aircraft for business. (ie depreciation and interest expenses may offset taxable income) This might help the expense of ownership be a little more attractive, but either way he's probably stuck with a piston at the $10,000/month level. (And really, it doesn't sound like that's a problem with the type of flying mentioned.)

December 14th, 2007, 20:46	#25
WAFlyBoy Senior Member Join Date: Sep 2005 Location: wa Posts: 744	Re: Airplane for interstate flying I don't know much about airplane financing, but here's food for thought: A 10 year note at 7.5% would look something like this: Amt Financed / Monthly Payment $850,000 / $10,000 $750,000 / $8,800 $500,000 / $5,900 This is financing only. As mentioned above, there are MANY other expenses associated with owning/operating an aircraft (especially a pressurized cabin-sized aircraft). I suspect there are certain tax advantages to owning an aircraft for business. (ie depreciation and interest expenses may offset taxable income) This might help the expense of ownership be a little more attractive, but either way he's probably stuck with a piston at the $10,000/month level. (And really, it doesn't sound like that's a problem with the type of flying mentioned.)