Aircraft Age Restrictions for Financing

Adam answers in February’s edition. 

Question: Is there an age of airplane or number of airframe engine hours that is off-limits for financing?

Answer: For piston aircraft, our lenders do not have any age restrictions. Aircraft manufactured prior to 1960 may require a larger down payment and/or shorter term. Airframe time is restricted to less than 10,000 hours. Lenders prefer mid-time engines or less, however, financing an overhaul into the purchase is always an option for those with higher times. If you are looking at a few different airplanes and would like help, our Account Executives are available to help with valuations and can provide rate and term quotes for each airplane. Please give us a call at 800.627.5263 or contact us through our website at aopafinance.com. 

Have questions for Adam? He is happy to answer them. Submit your questions here. Great rates. Great terms. Helpful and responsive reps. Three good reasons to turn to AOPA Aviation Finance when you are buying an airplane. If you need a dependable source of financing with people who are on your side, just call 800.62.PLANE (75263) or click here to request a quote.