Purchasing 2007 SR20 G2 HELP

[davide0041 (David Epstein)]

Will do for sure!

[Barry_Lerman (Maura Lerman)]

James Willett wrote the following post at Tue, Jul 28 2015 20:49:

are you going to put plane in a company. It took me a month to set up a company and I had already made an offer on a plane. They were unhappy It took so long.

Setting up your company, if applicable, in the correct fashion is important. For it to take a month to set up means you didn’t contact the right people. Daniel Cheung at ATC knows what he is doing(as does his support team) and he had me set up twice over a weekend. Do not set up an aviation company incorrectly, it will bite you later - DAMHIK.

[davide0041 (David Epstein)]

I will not be setting up a company.

[dcheung (Daniel Cheung)]

Barry S. Lerman wrote the following post at Wed, Jul 29 2015 11:10:

James Willett wrote the following post at Tue, Jul 28 2015 20:49:

are you going to put plane in a company. It took me a month to set up a company and I had already made an offer on a plane. They were unhappy It took so long.

Setting up your company, if applicable, in the correct fashion is important. For it to take a month to set up means you didn’t contact the right people. Daniel Cheung at ATC knows what he is doing(as does his support team) and he had me set up twice over a weekend. Do not set up an aviation company incorrectly, it will bite you later - DAMHIK.

Barry, thanks.

David, welcome. May need to budget 7% for NJ sales tax.

[eagle20 (Mark Johnson)]

Talk with Daniel, it is worth 5 minutes to see if it will, he saved me thousands.

talk with Savvy for the pre buy, saved me thousand.

get a great instructors.

i closed on a SR 22 NA last week amd pick it up tomorrow…

join COPA so much great info in here.

Mark

[eagle20 (Mark Johnson)]

Talk with Daniel, it is worth 5 minutes to see if it will help, he saved me thousands.

talk with Savvy for the pre buy, saved me thousands.

get a great instructor.

I closed on a SR 22 NA last week and pick it up tomorrow…

join COPA so much great info in here.

Mark

[Tony_Sobczak]

David Epstein wrote the following post at Tue, Jul 28 2015 15:37:

Looking into buying an SR20 I have found the one I would buy just the question of what to ask and what not. I get my Private Pilot License in 2-3 weeks hopefully just curious as to what I should be looking for in this plane to make sure it is worth the price and won’t fall apart on me. Thank You in advance to any help!

A big cost not mentioned yet is the Chute Repack which needs to be done every 10 years. I think right now it’s about $15K

A few folks mentioned Savvy. Here is a link to their web site. They will manage a prebuy for about $375. Do not buy a plane without an independent pre purchase inspection.

If you are even thinking about an SR22 perhaps you should go that route.

The 20 and 22 are very similar. A few things available on the 22 that you cannot get on the 20. The 22 has 110 more horsepower and a longer wingspan. Otherwise that are almost identical.

Someone mentioned the cost of owning a plane - try to prepare yourself for that.

Don’t rush in. Enjoy the search!

Oh, Welcome to COPA!![Y][:P]

[n536sr (Jason Blackwood)]

Hi David and congratulations! You’re a lucky guy indeed.

By all means call Alex. Best aviation friend you’ll likely ever have.

But… You gotta live with your choice, and the slower you act the better the outcome in buying your first airplane. You’ll want to understand the differences and options arrayed before you and make a careful decision about where you will be as a pilot a year from now. Where will you go? Who will you bring? 20s are great; 22s are greater. If you can fly either you can fly both, but the 22 is probably safer in some circumstances and easier, too. It’s always faster, and will appeal to a broader base of buyers if and when you want to sell. These airplanes are all big investments.

We’ve all been where you are today, and we’re jealous!