Would you spend $50,000 used or $115,000 new?

Taggg

New member
What would you do? Buy a used plane for $50,000 used and have repair expense, or buy a new Cessna 162 for $115,000 and not have to budget for ongoing repairs older planes have?
 
What would you do? Buy a used plane for $50,000 used and have repair expense, or buy a new Cessna 162 for $115,000 and not have to budget for ongoing repairs older planes have?
You cannot buy a new 162 for $115,000. The base price is now $149,900. (Go here and click on Specifications: http://www.cessna.com/single-engine/skycatcher/skycatcher-pricing.html#)

By comparison, I count 13 used Cirrus 20 and 22 models on Barnstormers.com (all built on or after the year 2000) that have asking prices under $149,900. That is just one make; lots of other fine late make and model aircraft can be had for less than even $115,000.
 
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