7 Mistakes When Buying an Airplane (Easy to Make)
13,261
Published 2024-05-20
There are a few mistakes that are really easy to make when you buy your first airplane and I wanted to shed some light on them in this video. It's not just the purchase process but even things before you get started, like looking into a hangar and lining up insurance and such, that often gets overlooked. I hope this video helps you in that process!
If we are meeting for the first time, I'm Charlie Gasmire, a commercially licensed pilot and airplane owner, and I make helpful content for private pilots. I own a 1975 Cessna 182 in Dallas, Texas, and make content sharing my lessons learned along the way so that it might help others.
Links mentioned in the video:
- lgainsurance.com/
- Financial model and Airplane Buying Roadmap: airplaneacademy.com/roadmap
- Insiders Newsletter: airplaneacademy.com/insiders
Want my help 1:1? More info at airplaneacademy.com/hire-charlie
All Comments (13)
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Hey guys - I'm working on a big project I can't announce yet but I am going to be sharing more info about it soon on my Insiders Newsletter. I just launched my Insiders Newsletter where once a week I send out an important aviation lesson I've learned and links to my latest content so that you don't miss anything. Sign up at airplaneacademy.com/insiders
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I passed my ppl checkride today. 2 years in the making and your videos helped me along my journey! Thank you!
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Watching this video with $13.45 in my account like:
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My airport has a 2 year hangar waiting list…and you can’t get on the list until you show proof of ownership. Arghhhhh!
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This is very helpful, as always. Thank you!
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Turning the lamp green… clever ;)
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These are really great tips! Thank you!
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Very helpful thanks
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Great information on shopping, to find the right airplane for you!
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Just bought two planes and one of them has to fly to the DR for some paint, so I called the insurance company Ladd Gardner, the lady literally said US insurance company doesn't insure planes that fly internationally, even if their base is in the US... Would NOT recommend them. Literally call anyone else and you'll get insurance quotes no problem.
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Still flying with Finkbeiner? Great guy.
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Do you have any tips for buying an airplane for the purpose of a leaseback to a flight school? I just finished saving for a down payment on a 172
