SixPapaCharlie
May the force be with you
- Joined
- Aug 8, 2013
- Messages
- 16,470
- Display Name
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Sixer
I don't understand this @SixPapaCharlie modern day problem.
The plane is owned by a father and son. Father will likely eject in 3-5 years. Son is concerned about taking over 100% of cost.
So... is the plane paid for or financed? Can the son save for 3-5 years to have operating costs covered for a reasonable time? How many siblings does the son have? Will the father divest only because of getting out of flying, or for some monetary need? Can the Son keep the plane and cover all operating cost and handle it as part of some future estate settlement?
It seems to me that you're better off saving until WHEN you lose access to the SR-22 rather than buying and maintaining a "second" plane until you lose access. Saving 5 yrs of loan payments, storage, and maintenance will take you further toward your next plane.
This thread evolved in a weird way. I don't have a problem LOL
I just asked about a knock off paint job.
I would like to own a Grumman.