How to buy an Aircraft from AOS
Have Funds in order
It is always best to be certain that you will not have difficulty making payment for your airplane when it is time to do so. If you are paying cash, be sure you are able to access funds within seven days. Some accounts require some time to transfer. If you are financing, it is best to have a pre-approval for the approximate amount you wish to borrow. We have observed many customers go through AOPA or Bank of America for financing.
Secure the Aircraft
After you have reviewed all of the details of the plane you are interested in, including specifications, photos, and copies of the logbooks, as well as talking to one of our sales professionals, and have determined that you feel the aircraft is what you're looking for, you may wish to place a deposit on the plane so that no one else buys it while you make final arrangements. Typically, we can hold an aircraft for a buyer with a signed purchase agreement and a deposit of $1,000. The condition is that the sale will be completed within 7 days with full payment to occur on or before the 7th day. This time will allow the buyer to inspect the aircraft, make travel arrangements and to finalize any financial matters needed to complete the transaction. We have several ways to submit a deposit including ones that are instant. In order to successfully hold an aircraft, we would need both the signed agreement and the deposit on file.
Some buyers wish to have a pre-purchase inspection done by a mechanic. Our customers are more than welcome to bring his or her own mechanic to perform an inspection. We have a full chest of tools and an air compressor to perform compression checks. We can also suggest a local mechanic to help as another alternative. Other buyers simply inspect the aircraft themselves when they come to pick it up.
Deposit Refund Policy
If you are not happy with the inspection by you or your mechanic, your deposit will be refunded.
Be sure to have full coverage insurance prior to picking up your plane.
Delivery by qualified pilots is available on a very limited basis. Be sure to discuss the details with your sales professional.
Completing your Purchase
Your purchase can be completed by making payment in the form of Bank Wire or Cashier's check. Ownership of the aircraft will be transferred at the time of full payment. All aircraft that Aircraft Ownership Solutions,LLC. owns will be sold with a free and clear title.