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Avoid 7 Common Mistakes That First-Time Aircraft Buyers Make

It's important to buy smart in what can turn out to be a really enjoyable experience.

FLYING has taken the liberty of creating a list of seven of the most common mistakes first-time aircraft buyers make—and how to avoid them. [Courtesy: Leonardo Correa Luna]
Gemini Sparkle

Key Takeaways:

  • First-time aircraft buyers should prioritize thorough due diligence, utilizing an escrow agent for secure transactions and obtaining a comprehensive pre-buy inspection from an independent, qualified mechanic to uncover potential issues.
  • It's crucial to carefully assess the aircraft's condition, avoiding those out of annual without clear justification and approaching "fixer-upper" projects with realistic expectations for time and expense.
  • Successful aircraft ownership requires aligning the aircraft with your mission, ensuring access to qualified flight training for that specific model, and budgeting comprehensively for ongoing maintenance, insurance, and operating costs beyond the purchase price.
See a mistake? Contact us.

There comes a time in every aspiring pilot’s life when he or she wants an aircraft of their own. For many of us, that means buying a pre-owned one. Perhaps you’ve seen one advertised online or in a magazine, or on the ramp, or even a faded handwritten advertisement on an air bulletin board. They are out there to be found. 

But with the exception of stories about wasting time and money with the wrong-for-you flight instructor, there is perhaps no more painful tale than that of the first-time aircraft buyer who made a poor (and costly) purchase decision simply because they were not aware of the pitfalls associated with buying a used aircraft.

Meg Godlewski

Meg Godlewski has been an aviation journalist for more than 24 years and a CFI for more than 20 years. If she is not flying or teaching aviation, she is writing about it. Meg is a founding member of the Pilot Proficiency Center at EAA AirVenture and excels at the application of simulation technology to flatten the learning curve. Follow Meg on Twitter @2Lewski.

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