I’ve got 25hrs, hated flying in the Cessna172s, and stopped my training about 2 yrs ago.
Now, I am absolutely enamored with the SR20s, and am considering buying one to complete my training.
But now, this insurance issue comes up. What to do?
If I buy the SR20, a local FBO has offered to put the SR20 on a sale/leaseback program and offer the a/c per hour for $129 (probably mkt rate for this relatively small town in N. Fla), and would charge me 15% mgmt fee (they would discount my fuel by .30cents a gallon.
All I would be responsible for would be the increase in his commercial insurance & maintenance ($44 labor rate).