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 Post subject: Purchasing my first plane
PostPosted: 14 Sep 2021, 23:18 
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Joined: 09/13/21
Posts: 3
Aircraft: Baron 55
I am in the process of buying my first plane. Potentially a A55 Baron. How do I figure out if the asking price is right and not highly over priced. I need help and was told there are a ton of people on this forum that can help. Thanks in advance.


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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 02:10 
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Joined: 01/02/08
Posts: 7201
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Company: Rusnak Auto Group
Location: Newport Coast, CA
Aircraft: Baron B55 N7123N
Donn, sounds like you are new to the game. I have owned and been flying Barons for just over 30 years and 3000 hours. There is no easy way to answer your question. The larger point is that whatever you spend to acquire your Baron will pale in comparison to what you will spend maintaining and improving it if you keep it for any length of time. If you are confident that you don’t know what you don’t know, maybe you should consider a reputable buyers agent who can guide you. Most A55’s are selling for less than 10% of the price of a new Baron but you will be maintaining a $1mm plus aircraft so don’t let a low acquisition price fool you. That said, I’m happy to help with any more specific questions.

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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 12:05 
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Joined: 07/17/08
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Location: North Texas
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Username Protected wrote:
...maybe you should consider a reputable buyers agent who can guide you.

While I have no personal experience with Neal Schwartz, he had gotten excellent reviews here on BT.

memberlist.php?mode=viewprofile&u=640

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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 13:25 
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Joined: 01/02/08
Posts: 7201
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Company: Rusnak Auto Group
Location: Newport Coast, CA
Aircraft: Baron B55 N7123N
Randy Africano is another very reputable buyer’s agent specializing in Barons and Bonanzas.
https://www.aircraftassociates.com/

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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 13:37 
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Joined: 02/20/16
Posts: 275
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Aircraft: 7GCAA, BO-105
Find the mechanic that you will have maintain the aircraft and have that specific individual look it over. Every mechanic has a different perspective on things. If you aren't on the same page as the mechanic that will be maintaining your newly acquired airplane, it will be a long, expensive learning process.


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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 14:34 
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Joined: 02/03/11
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Company: Gee Bee Aeroproducts
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DAVID BEAVER
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HOUSON TX

NORTHWEST
MIKE THOMPSON

pre-buy is like a pre-nup

LOCATION LOCATION IS THE WORD


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 Post subject: Re: Purchasing my first plane
PostPosted: 15 Sep 2021, 14:40 
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Joined: 12/29/10
Posts: 2528
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Location: Dallas, TX (KADS & KJWY)
Aircraft: T28B,7GCBC,E90
Username Protected wrote:
Find the mechanic that you will have maintain the aircraft and have that specific individual look it over. Every mechanic has a different perspective on things. If you aren't on the same page as the mechanic that will be maintaining your newly acquired airplane, it will be a long, expensive learning process.


Please read and heed this advice.

Robert


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