(no subject)

Apr 11, 2014 16:45

It turns out that buying an aeroplane is an incredibly drawn-out process. I'm almost there, but like Xeno's walk there may still be some time to cover the last little bit. The sequence is:
  • Find a classified ad that you like
  • Talk to the broker
  • Arrange to meet the owner on a day with good weather when you're both free
  • Go for a test flight with the owner.
  • Make an offer, contingent on inspection.
  • Wire the broker 10% earnest money
  • Arrange for the owner to fly the aircraft to the mechanic, on a day with good weather when they are both free.
  • Mechanic delivers three pages of things wrong with the plane.
  • Negotiate with owner over who is going to pay for these things.
  • Mechanic fixes these things.
That's as far as I've got right now.  Coming up I believe we have:
  • Owner finds lost certificate of registration, or signs affidavit saying it's lost
  • Owner delivers bank account wire transfer information
  • I send owner lots of money, and receive a bill of sale
  • I get a new certificate of registration in my name
  • I get canvas covers made to fit the aircraft so I can park it outside
  • I get insurance
  • I get somebody to drive me out to Waterloo Airport, where the plane currently resides
  • I fly home!
Today I signed a lease on a 1000 sq-ft piece of asphalt at the Toronto City Airport (next to hangar 1, where the UN DASH-7 aircraft hang out).  That's mine for at least a year.
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