He's Owned 12 Airplanes in 25 Years. Here's How to Buy the Right One | Mark Woglom E367
About this episode
Mark Woglom shares his extensive experience in buying and selling airplanes, providing insights on how to make informed decisions in aviation.
Mark Woglom has bought and sold roughly a dozen airplanes in twenty-five years — a new Cessna 182 he learned to fly in, a Baron he never got comfortable in, a pressurized 414, a Cheyenne II XL, four separate Cirrus SR22s, a Vision Jet, a TBM 960, a Citation M2, and the CJ3+ he flies today. Six weeks ago he added an Icon A5, because you can't go sightseeing in a jet. Along the way he built a framework for making the decision the rest of us agonize over. In this episode we cover: The three F's — finances, features, and function — and why mission is the one most buyers skip The "fourth F": buying the wrong airplane, and how to avoid it Why he never trusts manufacturer range claims, broker enthusiasm, or forum consensus His normalized fuel reserve method for comparing aircraft honestly, apples to apples Real rules of thumb for insurance, capital cost, maintenance, and the ancillary costs that ambush new owners Why he took a five-year break from flying while still owning an airplane What changed when he decided to earn a type rating in his mid-fifties Why his wife's headset ended a turboprop purchase Never get plane poor — and why a fuel stop isn't the end of the world Whether you're…
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