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The Perfect Time to Buy Used

Cessna 182RG John Miller
Gemini Sparkle

Key Takeaways:

  • The used-airplane market is currently a strong buyer's market with significantly reduced prices across various models, making it an opportune time for buyers to find good deals.
  • Buyers must prioritize thorough due diligence, including obtaining an independent pre-purchase inspection by a knowledgeable mechanic, carefully reviewing logbooks, and checking insurance constraints early in the process.
  • While depressed prices may allow access to more advanced aircraft, buyers should align their choice with their mission, budget, and be prepared for potentially higher operating and maintenance costs of larger or more complex airplanes.
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The opening line of Charles Dickens’ A Tale of Two Cities, “It was the best of times, it was the worst of times,” is an apropos description of today’s used-airplane market.

For buyers these are great times to be in the hunt for an airplane that’s gotten some gentle use and good care. But for sellers, faced with an economic need to relinquish the airplane they’ve enjoyed and nurtured, often for years, the times aren’t so good.

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