Is Buying an Airplane for Flight Training Worth It? // #64

Karl emailed us asking about purchasing an airplane to complete
his flight training instead of paying the very high aircraft
rental costs in California. Mike and Sean break the pros, cons,
and costs of this method using real world examples.


ATP Flight School Episode: https://youtu.be/QNCOPvfjXIU


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Chapters:


00:00 Intro


01:55 ATP Flight School Episode


05:54 Karl's Question


09:14 Why would some one want to buy an airplane to train in


10:28 Before you buy a plane


11:54 How much would an airplane cost


14:32 Sean's plane


17:18 Possible pitfalls


18:04 Instructor costs


19:10 Engine overhaul


20:14 Aircraft purchase price


23:29 Why NOT to buy an airplane


26:49 Other ways to make owning an airplane cheaper


30:00 Flying clubs


31:15 Take action & start training