Username Protected wrote:
Hi Chip, I read your blog posts and found it interesting. I am curious on your thoughts if there is a benefit to your type of services when looking at buying new aircraft? As this is something that is we are talking about doing with the difference being this would be a personal, non business use aircraft. So far making do with the TBM 850 but getting more serious about something with more seats.
Johnathan,
GREAT question and an area where most do not consider using a buyer's rep... the purchase of a new aircraft does eliminate some concerns as far as pre-purchase, though we do joke that you could take a new aircraft to a service center and run up a big list. But, assuming a full warranty will be in place the mechanical condition isn't a great concern. I do inspect the aircraft... make sure it wasn't built on a Friday afternoon
There's no logbooks to review either, so for the most part it is all about the deal.
This is really where we earn our money in all transactions and it couldn't be a bigger factor than it is in a new aircraft. The difference in what two separate buyers pay for the same airplane can be astonishing. I don't want to disparage any of the manufacturers, but I think some buyers forget that these guys are in business to make money... and that nice guy you are talking to is a commisioned sales person.
Especially when buying a new aircraft you need representation. We know all the tricks, we know what to ask for, and how to negotiate the deal to keep more money in our client's pocket.
I can't speak for other acquisition guys, but we charge the same flat fee to purchase a new airplane as we do the 20 year old version of the same model, so as a percentage of the sales price our fee becomes quite negligible.
We of course take care of the details like aviation attorneys, Jason pointed that out and he's right. I'll be adding that to the blog post. This is important because the agreements the manufacturers use have some protection clauses that need attention, and at least understanding if not modification.
I'll be glad to give you contact info for some of the other firms you might consider based on what type of aircraft you are thinking, should you choose us, it would be an honor to work for you!