Aircraft sale and purchase process is complex and multifaceted and can go badly wrong if done improperly.
The aircraft purchase process should involve a team that includes a qualified aircraft broker, aircraft title and registration company, certified mechanic, aviation attorney, CPA, and aircraft financing company.
As the buyer, you should know what you are looking to buy. There are thousands of aircraft types and models in the market to choose from. To narrow down your search, you have to assess your needs.
The price range for planes are vast: A new general aviation jet will cost you at least $1 million, but some used single-engine propeller planes go for under $40,000.
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