Valid point. I've had boats, and they lose value so fast you can almost hear it. How about airplanes? Do they hold their value, drop or appreciate over time? I realize there are probably variables, but assuming I keep up the maintenance, and it's in the same condition at sale, as it was when I bought it...
Brand New Guy with a (maybe) Stupid Question
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Valid point. I've had boats, and they lose value so fast you can almost hear it. How about airplanes? Do they hold their value, drop or appreciate over time? I realize there are probably variables, but assuming I keep up the maintenance, and it's in the same condition at sale, as it was when I bought it...
LuisO
Pre-takeoff checklist
I would submit NOT to make your decision based on that first flight alone...your body will hate the sensation, your brain will hate the "fluidity" of the situation...flying is something that gets more and more enjoyable the more you do it.
Seanaldinho
Pattern Altitude
We had very different first flights, if thats how yours was.
Silvaire
En-Route
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Silvaire
It's pretty unlikely that you will find a PA-20 for rent anywhere. Places that do rent tailwheel aircraft usually have a Citabria of one sort or another. The cost comparison between buying and renting depends on how much you fly, more flying favors the ownership side. Also, if maintained properly there is very little, if any, depreciation on a 50 or 60 year old airplane so you can pretty much rely on getting your initial investment back when you sell it.