How To Buy Your First Plane - Webinar Replay Presented by AGL & AirMart

A pre-buy inspection focuses on evaluating the aircraft before purchase to identify issues that could affect the sale. An annual inspection ensures airworthiness and compliance with FAA regulations.

Yes. Even with a recent annual, a pre-buy inspection ensures you understand the aircraft’s condition from a buyer’s perspective.

Consider setting aside reserves and working with your lender to understand coverage expectations. Pre-buy inspections also reduce surprises.

Typically, aircraft purchases are “as-is.” Some sellers may offer a short-term warranty, but this is uncommon. Due diligence is your best protection.

Banks differ in requirements. Some don’t require reserves, but most expect you to have sufficient liquidity for the down payment plus 12–18 months of expenses.