Aircraft pilots who are ready to join the ranks of aircraft owners have a new tool to help them shop, thanks to AOPA and Member Products partner MBNA America Bank, N.A. MBNA oversees the AOPA Aircraft Financing Program, and together, the two organizations have published Ten Tips to Financing Your Aircraft Purchase.
The brochure, available online, outlines 10 of the most important steps an aircraft buyer can take to protect himself. Some are obvious, such as conducting a prepurchase inspection. Some are less so, such as speaking with a tax consultant to discuss the tax implications of the purchase.
The AOPA Aircraft Financing program can offer quick pre-qualification, no aircraft age restrictions, competitive rates, and extended repayment terms. For more information or to apply for a loan, visit the Web page or call 800/62-PLANE (800/627-5263).
March 16, 2005