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