Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Path: utzoo!linus!decvax!harpo!seismo!hao!hplabs!sri-unix!SANDY@MIT-ML
From: SANDY@MIT-ML@sri-unix.UUCP
Newsgroups: net.aviation
Subject: aircraft ownership clubs
Message-ID: <3396@sri-arpa.UUCP>
Date: Sat, 23-Jul-83 15:24:00 EDT
Article-I.D.: sri-arpa.3396
Posted: Sat Jul 23 15:24:00 1983
Date-Received: Mon, 25-Jul-83 04:43:17 EDT
Lines: 27

From:  Andrew F. Sibre 

I belong to a flying club in Northern Virginia, and find it quite pleasant.
Several questions must be asked, however, before blowing a wad of
money on a plane. 
	1 How many people will be flying it?
	2 What are their ratings?
	3 How will (1) and (2) affect insurance costs?
	4 Will the local FBO object to the loss of plane rental
	   income when you rent yours out? (He'll kick you off
	   the field if he does).
	5 What is the history of AD's on the type plane you are
	    thinking of buying?
	6 Is it well known, and therefore easy to get serviced
	    (and if necessary SOLD) ?
	7 Who will do the check-out of prospective pilots?
	8 How much $ for tie-down or hangar space?
	9 Easy to fly? Forgiving? IFR? (the last a MUST).
	10 Do you want the plane to pay for itself?
	11 How do you deal with a partner who suddenly wants to
	    get his money out of the plane, in a hurry, while the
	    only prospective investor is a guy who's already
	    lost 2 planes to the Bureau of Customs?
	12 Have you read "Trade-A-Plane" to determine average
	    market prices?
		--- CHEERS!!!
 anm_f