Re: Light-Sport Aircraft Yahoo group Re: Leaseback

Not really Bill:  a $100k aircraft purchase with 20% down or a $80k loan at 8.5% with a 20 year amortization results in $360 a month interest or a total payment P&I of 694.26 a month.  Yes, there are other costs like insurance and maintenance. These are all factored it.  An aircraft placed in a modest flight school can produce a positive cash flow to the investor where they can fly a new well maintained aircraft. There are currently some good tax advantages in this kind of investment.  Fifty percent first year depreciation allowance as an example, plus other write-offs like the $360 a month interest. Our SLA trainer looks very close to the day it went into service.  We take pride in the plane, no beat up piece of junk here.  It fact the trainers are cycled out (their always for sale) where the investor's down payment is returned to be recycled into a new updated plane.  Not bad, where a nice well maintained airplane is always there for you to enjoy.

Ed Snyder    

-----Original Message-----
From: Bill Hobson
Sent: Aug 27, 2009 6:03 PM
To: Sport_Aircraft@yahoogroups.com
Subject: Re: Light-Sport Aircraft Yahoo group Re: Leaseback

 

It boils down to cost. The interest ALONE on a $100k plane is going to run $500 a month. If there's no help in defraying the expense it becomes an awfully expensive toy.

 

 

----- Original Message -----

From: jimmyg51147

To: Sport_Aircraft@yahoogroups.com

Sent: Thursday, August 27, 2009 5:43 PM

Subject: Light-Sport Aircraft Yahoo group Re: Leaseback

 

I am having a hard time understanding why anyone would leaseback to a flight school and have the crap beat out of their new plane by students. Please expain how this could be good. I am not being a smart a**. I just don't understand.

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