Among various options of buying/using a Cessna 172 or Cirrus Design
SR22 or any other similar light aircraft, how many percents fall under
each category below?
The options I know are:
- Outright purchase: you pay the whole cost of the aircraft upfront
and own it
- Loan/purchase: you borrow money to buy the aircraft and offer it as
collateral on the loan
- Operating lease: you pay the leasing company to use the aircraft for
a certain period of time and return it at the end of the lease
- Financing lease: you borrow money to lease the aircraft on condition
that you buy it at the end of the lease
- Synthetic lease: something between the operating lease and financing
lease
A law firm has a neat summary of the above options at
http://www.coolinglaw.com/AIRCRAFT%20FINANCING%20OPTIONS.pdf
