Johnny Costello
Pre-Flight
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- Dec 25, 2019
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Johnny Costello
I know the current market is a sellers market but has anyone heard of someone purchasing a plane sight unseen except for video and pictures?
I know the current market is a sellers market but has anyone heard of someone purchasing a plane sight unseen except for video and pictures?
In May of last year, I sold a plane in 10 minutes, sight unseen.
I may have contributed (somewhat unknowingly) to the "full price up front" part...while talking on the phone to the eventual purchaser, and mind you, this was within 10 minutes of posting my ad, I received numerous other phone calls from out of state that all went to voicemail. I assumed, correctly, that these other calls were other potential buyers too, so even though the guy wanted to first wire me a deposit I told him "no", since it would lock him into my plane / my plane to him, until he found the time to travel several states to come see it. When I wouldn't take the deposit he then said he would just wire the whole amount. In the morning I called my bank just to make sure there was no way he could scam me. They said the only scamming that could occur, once the funds were in my account, would be me scamming him, but not the other way around.I like hearing stories like this. As long as I had the cash, I could determine it was no scam, believed it was a sound plane, and had nerves of steel, I would do this. Now if only I can put all of those factors together at once.
The part about a upfront full price wire is a bit much. I’d rather do a deposit than balance due.
In my experience, there are 2 types of aircraft owners: those who understand the aviation system and those who are learning the system. A subset of the former group are those who follow the rules as they are and operate top-shelf aircraft regardless of age or total time. These subset owners rarely get prebuys done as the aircraft are basically in perfect form and function. There are several on PoA who fall into this group.has anyone heard of someone purchasing a plane sight unseen except for video and pictures?
The first time buyer cargo cultism of "look for XYZ characteristics, get a prebuy, do all the right things, etc etc etc -> likely have a good outcome" is very seductive.The remaining percentage of this “former” group personally know when they need a prebuy, by who, and to what level. However, it’s the latter group of owners that are learning the system that need the most input and assistance when buying an aircraft and especially their 1st aircraft. The only effect the current market has on these groups is that more of the "learning" group think they can follow the "former" group of owners SOP. And sometimes to very expensive results.
FYI: you'll find that other rules determine the use of dry chemical extinguishers in aviation related settings and buildings. There's been more than one "heated" discussion over extinguisher type in areas around aircraft. Unfortunately, most people involved, to include some of the aviation people themselves, do not know or understand the damage a dry chemical extinguisher can do to an aluminum structure. Regardless, there are some actions that can performed to greatly reduce this damage but its 100% success has a number of variables to include the extent of disassembly required to clean it.The strange thing is how many extinguishers not usable on aircraft are in hangars everywhere.