spdracer888
Pre-takeoff checklist
Hi all, newbie here and I'm considering my first plane. Let me explain my situation and what I plan to do with the plane:
I appreciate all the help in advance.
- I'm not asking about Rent vs Buy; as Rent is definitely cheaper.
- I'm looking to buy because I want be on my own schedule.
- I don't have my VFR yet and all my training so far has been in the 152s & 172s.
- I like to finish my VFR and IFR in it and perhaps step up to a SR-22 in a few years.
- I plan to fly to places mainly on the East Coast that are within 350 miles away from me a few times a month. Maybe once in a while do a trip that's 1,000 miles.
- While a plane is a depreciating asset, I hate losing my shirt on depreciation after a few years. Hence I'm looking for a pre-owned plane.
- When I'm not flying, I would like to have the plane be available to rent (not to student pilots), though I'm still not 100% sure on this.
- I have the financial resource to buy something up to $200K, though I don't need to have the latest and the greatest.
- SR-20 is my top choice b/c I like the way it looks, its glass cockpit and its performance for a fixed gear single prop.
- I'm don't have to have a SR-20. A friend of mine recommended the Grumman Tiger as my first plane.
I appreciate all the help in advance.
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