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How_Do_I_Justify_This
| How Do I Justify This!
People buy for emotional reasons and justify their decisions
with whatever logic they can find or create, no matter how
ridiculous. -Joe Vitale
So you want to buy an airplane! What's stopping you? Perhaps I
can list a few things:
1. My spouse doesn't fly and doesn't support my flying habit.
2. I don't do enough flying. . . it's probably cheaper to rent.
3. I'm not rich.. . How could I afford an airplane of my own?
O.K. Let's acknowlege that emotionally, WE WANT THE AIRPLANE!
After all, who wouldn't? What could be more desireable than a
brand new airplane, everything working, smell of new leather,
and of course the turning heads every time you land your new
airplane?
Now comes the justification part. We'll start with
1: My spouse doesn't fly and doesn't support my flying habit.
Unfortunately, this one's all too common. However, there are a
few things you can do to enroll your spouse in the program.
Make it a practice of flying to places that your spouse wants to
go! Skip the pancake breakfasts and fly-ins. Fly to destinations
that are unrelated to aviation. For a list of some great places,
visit
http://www.airplanenoise.com/great_trips.htm
Try a "Pinch Hitter" course. Sometimes (I can speak from
personal experience here) a good instructor can "hook" your
spouse and before you know it you'll be forking out additional
money for flight lessons. This is not a bad thing. . . With both
of you involved in this activity, you'll win support for your
purchase!
Who knows? Maybe your spouse prefers your absence and will
endorse your involvement in a time consuming activity!
2. I don't do enough flying. . . it's probably cheaper to rent.
Have you heard the "50 hour/year" rule? Well if you have,
disregard it! With a little bit of planning, your airplane
investment can pay off with your personal and business flying.
Airplanes are unlike other vehicles and actually increase in
value over time. Take a look at a Aircraft Blue Book or V-Ref
and compare values of some older airplanes. Some are several
times their original purchase price! Different airplanes
appreciate at different rates, so look for strong manufacturers
that will be around years down the road.
3. I'm not rich.. . How could I afford an airplane of my own?
THE BIGGIE! New airplanes aren't cheap, but if you can position
yourself for financing, the airplane can actually PAY YOU for
the first 3-4 years! Sound impossible? Incentives are in place
both from manufacturers (in the form of low interest rates) and
the new tax incentives. With as little as 27% business use , you
can depreciate the majority of the airplane and benefit from the
associated tax savings. First year may be as much as 80%
depreciation for a new aircraft! Additionally, warranty will
cover the bulk of your maintenance expenses. With regard to
"positioning yourself for financing," visit
http://www.airplanenoise.com eleclass_schedule.htm
for a free download of "The Secrets of the Aircraft Finance
Companies." You can also send a blank e-mail to:
aircraftpurchasesteps@getresponse.com
for the Aircraft Purchase Wizard, a 9 e-mail series outlining
the aircraft purchase steps with exclusive links and downloads.
Come on! We all justify our purchases everyday! You didn't
really need these tips now, did you?
About the author:
About the Author Pat Redmond, Brighton, Mi usa
airplanenoise@airplanenoise.com http://www.airplanenoise.com
Pat Redmond, helps business owners who are tired of long lines
and baggage claims, fly their way to freedom! Enjoy dinner with
your family tonight! To learn more about the General Aviation
Business, sign up for more FREE tips like these, visit her site
at http://www.airplanenoise.com
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