Thinking about buying an airplane?

Close to a deal on an airplane?

Working with a broker but would like third-party verification that it's a deal you should do?

Over nine years ago I started Jet Acquisitions with one goal in mind, to protect aircraft buyers. I'm very pleased that we've done just that, but unfortunately by doing acquisitions exclusively, we have only been able to serve a limited number of clients each year and a narrow scope of aircraft types... until now.

While doing acquisitions remains our core business, we have a new service that gives any aircraft purchaser the ability to utilize our vast resources to guard against making a bad deal.

With JetACQ Go / No-Go our team can help give you the tools and information you need to make that critical Go / No-Go decision!

Interested? Shoot me a PM, email or phone call!

To answer a few questions we have received, for the benefit of everyone.

Pistons - yes, we can do this for piston aircraft as well, getting good sold comparables is much harder, but we know enough honest brokers in the industry to help determine the value of most common piston aircraft. Everything else works the same, I can get the 337 file and look for repairs, modifications, and damage.

I find in pistons that there are a lot more bad purchase agreements / deals and that many don’t know the process as well, so we’re actually more of a benefit to the client because we can explain the steps and how to get the deal closed.

What if it’s a no-go? - you get a go around. For free.

I’ve had several people comment on the value, one said we should charge twice as much. This is something we are doing with the big picture in mind, we may decide to charge more in the future, but for now it fits nicely in our workflow and is helping keep one of our part time employees busy. (she does a very specific task and is great at it, but the acquisition business doesn’t create enough work for her.

We get to help more buyers and help pay the overhead. It’s a win-win.

It sure is quiet around here with my buddy Mike MIA!

Those are great services you are providing Chip. I would think that with the specter of possibly draconian changes in regulations and taxes looming with the election, both individuals and corporations are hesitant to commit to large capital outlays such as jets, and even in the piston world; I would be.

We don't even know what changes in regulations and taxes might have an effect on valuation of currently owned airplanes might be. A mandatory buy-back program for piston airplanes?

It's weird, our clients are ready to go, we just submitted an LOI on a Phenom 300 and we're negotiating a deal on a C90B, desperately searching for a Mustang, CJ2+ and an Excel.

But, I can tell that things are generally slow out there, brokers are saying things like "if this deal falls through" and they are answering the phone / responding much faster!

Mike C. should be happy!

We have a big, beautiful banner ad right down there!

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Why are you trying to elicit a response from Mike? He hasn’t posted on this thread, just you 5 times and Paul once (and now me). Just post “bump” like everyone else does when they want their thread at the top of the forum.

Good luck with your service. IMO what would benefit buyers in the piston world is domain knowledge of specific airframes. There are a 1,000 shades of grey when it comes to the maintenance and pedigree of used pistons, much more so than the jet world.

When people buy an older piston aircraft, the things they need to unravel are: was it maintained properly for its type, what are the bugaboos for this type and vintage, and how do I know it’s not going to consume gobs of cash in the first year to make it right?

Those questions are much more straightforward to address in the jet world where many airframes or at least engines are on a program and subject to phase inspections. Pistons are the Wild Wild West IMO and I don’t see how your staff could possibly address the pitfalls of buying a 1968 V35A vs a 1973 Turbo Aztec, vs a 1976 T210, etc. but I’m wishing you the best of luck!

Matt, the answer is that we can’t. That’s one of the reasons why on the acquisition side we only do turbines. The other being we have no feasible way to reliably find off market piston aircraft.

The Go / No Go, isn’t an acquisition service and isn’t designed to navigate the troubled waters of buying a piston aircraft. What we can do is look at the overall deal and tell a buyer if we see anything that would be a deal killer or a “No Go.” This is by no means a replacement for other due diligence.

What we do offer is the ability to do the research, review agreements, and take an overall look at the deal.

This is the part that should happen before you move forward on an airplane or take it to Prebuy. We hope to help prevent buyers taking an airplane to pre-purchase inspection, and then discovering that they shouldn’t buy it.

And yes, poking at Mike C. because he said in another thread that I only pay $85 a month for advertising.

And yes I did cross post / bump! I started this thread because the other one was titled "Deal or No Deal" and we changed it to Go / No-Go"

I'll simmer down now!