Buying an Airplane Part 2

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How to buy a fixed-wing previously owned certified general aviation aircraft!
Part 1: https://youtu.be/gYBjr1f9V3M
After my buying my second airplane, I figured I'd share some tips, techniques and hard lessons learned through my experiences. Chapters are marked. Make sure and watch until the end of this episode where I'll give you a tour of my new (to me) S35 Bonanza.

Video Resources:
Hiring a broker: https://www.flyingmag.com/why-hire-broker-to-buy-or-sell-and-airplane/
Sales Tax: https://www.gkglaw.com/site/files/pdf_article__overview_of_state_sales_tax_considerations_in_aircraft_purchase_transactions_00264103.pdf
Mike Busch Books on airplane ownership: https://resources.savvyaviation.com/resources/mikes-books/
FAA Airworthiness Directives: https://www.faa.gov/regulations_policies/airworthiness_directives/
FAA Aircraft Records Request: https://aircraft.faa.gov/e.gov/nd/
State Aviation Department Registration: https://www.faa.gov/airports/resources/state_aviation/
Google Sheet Airplane Comparator Tool: https://docs.google.com/spreadsheets/d/1vr1JXZT4aqJrAXsGxXTqYSKnyYZu5k-oN0mqK6ffw8w/edit?usp=sharing
VREF (Valuation Service): https://www.vref.com

In your offer, ensure you have something like, "Offer contingent upon further document review, test flight, and pre-purchase inspection."

0:00 Intro
0:27 The HUNT
1:19 Hunt - damage history
1:54 Hunt - engine time
2:53 Hunt - corrosion
3:25 Hunt - avionics
5:06 Contact Sellers
5:59 Logbook Review
9:30 Make an Offer
11:05 Purchase Agreement
11:21 Escrow
12:15 Closing
12:37 Registration
12:51 Tour of my new airplane!

Thanks to our sponsor: The EASE Collective https://theeasecollective.com/aviation

"Cessna TTx" by charlywkarl is licensed with CC BY-ND 2.0 (thumbnail). All other images all rights reserved.
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