Getting a Good Deal When Buying Aircraft

Start conducting extensive research on the aircraft market, specifically on the aircraft you’re looking for along with similar types, well in advance of your planned purchase date. This may help you identify trends that can put you in a better buying position. Identify what equipment you want in the aircraft, so that you can negotiate on price should an aircraft require upgrades. Consider working with an Aircraft Broker, since they usually have an in-depth knowledge of the market and may be able to help you spot opportunities. Define your negotiation objectives well in advance and be clear on your goals such as price, financing, delivery time and contingencies. Try to understand the seller’s reasons for selling the aircraft and see if you can come-up with a mutually beneficial deal. Ask them about the aircraft’s history and any unique features that might help you negotiate on price. Begin the negotiation process by making an initial offer that’s in alignment with your pre-determined budget and goals.

Need some support with your aircraft transaction? Get in touch with an Aircraft Broker through our Broker Directory here: https://avpay.aero/directory/aircraft-brokers/