Return-Path: Received: from pop3.olsusa.com ([63.150.212.2] verified) by logan.com (CommuniGate Pro SMTP 3.5.2) with ESMTP id 1029130 for rob@logan.com; Tue, 22 Jan 2002 18:12:47 -0500 Received: from smtp.commspeed.net ([216.19.2.6]) by pop3.olsusa.com (Post.Office MTA v3.5.3 release 223 ID# 0-71866U8000L800S0V35) with SMTP id com for ; Tue, 22 Jan 2002 17:24:41 -0500 Received: (qmail 6197 invoked by uid 1034); 22 Jan 2002 22:26:20 -0000 Received: from dialup-208-187-56-2.pre.commspeed.net (HELO ken) (208.187.56.2) by 0 with SMTP; 22 Jan 2002 22:26:20 -0000 From: "ken covington" To: Subject: Re: re leaseback Date: Tue, 22 Jan 2002 14:48:55 -0700 MIME-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 7bit X-Mailing-List: lancair.list@olsusa.com Reply-To: lancair.list@olsusa.com Message-ID: <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> << Lancair Builders' Mail List >> <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> >> I had a cessna 172 on leaseback about 25 years ago and the experience was not very good. Although it flew an average of 75 hrs a month (good) the maintenance cost were on going.The people who do the leasing (usually students) are not as concerned with the equipment as the owner would be.Radios were always a problem,switches being the worst.These were narco tube radios that were subject to more problems than to days avionics, but at the time they were new.Also dont forget on leaseback the airplane is subject to 100 hr inspections One main problem I had was getting bumped from my own scheduling of the airplane, After several go around with the culprits (usually instructors) I pulled it off the line. Way back when a person could write off the purchass of a new plane,several people did buy them and lease them back.I knew of two who did this and didn't even know how to fly and didn't care to learn.Notice I said new.If you are buying a new plane you will probably come out better,less maintenance and it will probably be flown more,(help with those Huge payments. I.F.R. air planes will fly more. If you decide to do this,sit down with the leasee and find out what your costs are going to be.Maintanance,insurance,tiedown,I know the last one sounds strange but things like this can jump up and bite you in the you know where when least expected. Leasebacks might have changed from my expereance,but I bet one thing hasnt,getting bumped from scheduling your very own airplane when you have a family outing planned on the 4th of July. Good luck. Ken Covington Lancair N24KB (360) Lancair Super E.S.N550KB Both flying. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LML website: http://members.olsusa.com/mkaye/maillist.html LML Builders' Bookstore: http://www.buildersbooks.com/lancair Please remember that purchases from the Builders' Bookstore assist with the management of the LML. Please send your photos and drawings to marvkaye@olsusa.com. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>