BLOG

< Back to Blog

What Every First-Time Airplane Buyer Needs to Know

July 25, 2025

Author: Carlos García

Thinking about buying your first airplane? You’re not alone. In Episode 1 of the James Spearman Show podcast, James sat down with Carl Valeri, airline pilot, flight instructor, and longtime aviation coach, to talk through what new aircraft buyers need to hear most. From the emotional pull of owning a Cessna to the practical realities of inspections and hangar space, this episode delivered real talk for real buyers.

Here’s what stood out most for those considering their first aircraft purchase.

Smart Moves When Buying Your First Aircraft

Avoiding common mistakes as a first time airplane buyer

Carl kicks off the conversation with honesty and says that “A lot of people make decisions with their heart, not their logbook.” That’s especially true for a first-time airplane buyer who may be chasing the dream without understanding the process of buying.

The most common mistakes? Skipping a proper pre-buy inspection, ignoring insurance requirements, or not factoring in the operating costs. “Just because it’s a lower price,” James adds, “doesn’t mean it’s a better value. You’ve got to look at the total picture.”

What is a good first airplane to buy

Carl and James both point toward simpler, proven aircraft for your first aircraft. That includes Cessna 172s, Piper Cherokees, and older aircraft with good maintenance records.

“A good first airplane is one you’ll actually fly,” James says. “Don’t buy a plane for the ramp appeal. Buy it for the mission.”

This is where prospective buyers often overestimate their needs. Going from student pilot to private pilot? You likely don’t need something complex or expensive to maintain.

Who really owns airplanes like these

Aircraft ownership isn’t just for celebrities or flight schools. Carl explains that many aircraft owners are regular folks: business owners, professionals, or flying club members.

“In fact,” Carl says, “most people I meet who own airplanes are using them to spend more time with family or support their work. Flying for purpose.”

What to Know Before Purchasing an Aircraft

The true cost of aircraft ownership in Tennessee

Owning a plane means more than just the purchase price. In places like Sevierville TN or near Gatlinburg Pigeon Forge Airport, buyers need to consider hangar availability, insurance, regular maintenance, and even aviation fuel costs.

“It’s like buying a house,” James says. “There’s the list price, and then there’s everything else.”

How used aircraft can be a smart choice or a costly one

Many buyers are drawn to used aircraft for the lower upfront cost. But without a thorough pre-purchase inspection, it’s easy to inherit hidden issues like corrosion, outdated avionics, or a pending engine and airframe overhaul.

“The older the aircraft,” Carl notes, “the more paperwork matters. That logbook tells a story. You want a good story.”

How does fractional aircraft ownership work and what is fractional aircraft ownership

For some new pilots, fractional aircraft ownership offers a lower barrier to entry. You share the airplane ownership costs and access, but you also share limitations.

“It can work,” says Carl, “if your flying needs match the program. Just understand the terms and conditions upfront.” If you’re still wondering how does fractional aircraft ownership work, think of it like a timeshare, but for the sky.

Pre-Buy Tips for First Time Owners

The pre-buy checklist every buyer should follow

Carl emphasizes, “Your first airplane isn’t a toy, it’s a tool.” That means taking time with a checklist that includes:

  • Full logbook review
  • Title search and lien check
  • Pre-buy inspection by a trusted mechanic
  • Aircraft valuation versus fair price

Don’t skip steps just to “get a deal.” That mindset can reduce the value of the aircraft and increase the cost of ownership later.

Why it helps to hang out at the hangar before you buy

Spend time at the airport. Visit a few hangars. Get a feel for the aviation community in your area.

“You’ll learn more from an afternoon at the hangar than a week of Googling,” James says.

How to find a trusted mechanic near Sevierville TN

Having a local aircraft maintenance technician involved early is key. At Spearman Aircraft, we encourage first-time buyers to call before they close a deal.

“Too many people come to us after the fact,” James says. “It’s always better if we’re in your corner from day one.” An experienced aircraft maintenance technician doesn’t just inspect, they help protect the long-term value of the aircraft.

Understanding Aircraft Maintenance as a New Owner

What does an aircraft mechanic do

A good mechanic doesn’t just turn wrenches. They help assess airworthiness, recommend smart upgrades, and keep flying safe.

“Don’t wait for something to break,” James advises. “Preventive maintenance is what makes aviation safe.” 

How aircraft maintenance technicians keep you flying safely

Your aviation maintenance technician is your co-pilot on the ground. They monitor everything from oil analysis to compliance with ADS-B or Garmin system updates. But what does an aviation maintenance technician do beyond the basics? They document service history, manage compliance, and often guide new owners on what really matters under the cowling.

“This is where buying your first airplane becomes a relationship,” Carl says. “A good tech is worth every penny.” What does an aircraft mechanic do in this stage? They help uncover issues that could affect your financing, safety, or long-term value.

Why avionics upgrades surprise many first time owners

Budgeting for avionics upgrades is something many first-time buyers miss. Whether it’s a basic radio replacement or a full panel refresh, the technology inside your aircraft affects both safety and resale.

“Don’t assume what’s in the panel is what you’ll want to keep,” James says.

Financing and Ownership Planning for Tennessee Buyers

Best financing options for first time airplane buyers

From local lenders to specialized tools like AOPA Aviation Finance, today’s buyers have more flexibility.

Carl explains, “When I bought my first aircraft, I used financing because it freed up cash for insurance, fuel, and routine inspections. Think about the big picture.”

How AOPA aviation finance compares to other tools

While AOPA’s offerings are popular, compare rates and terms carefully. Consider escrow services and how the lender views older vs. new aircraft.

The value of the aircraft and its make and model affect the final loan structure.

Choosing a Maintenance Partner You Can Trust

How Spearman Aircraft supports local owners

Based in Sevierville TN, our shop is a full-service provider for everything from routine inspections to major repairs and avionics upgrades. As a Dynon Installation Center, we’re equipped for modern solutions too.

“We treat every buyer like family,” James says. “Whether you’re upgrading or just trying to figure out the next oil change.”

Why first time buyers should talk to their mechanic before closing

Engaging your maintenance partner early helps you avoid the kind of surprises that turn a dream into stress.

“We’re here to help,” says James. “Even if it’s just a second set of eyes on your pre-buy checklist.”

Closing Thoughts for New Aircraft Owners

Mindset matters more than money in aviation

Carl closes the episode with heart: “Don’t get caught up in the gear. Get caught up in the journey.” Buying your first airplane should be exciting, but also grounded in preparation.

What owning a Cessna or Cirrus can teach you

Whether you go with a Cessna, a Piper, or a Cirrus, remember that owning a plane is about freedom, community, and responsibility. As Carl puts it: “It’s the people that make aviation great.”

Expert Insight
“If you want to fly worry-free, regular inspections are just part of being a responsible owner.” - James Spearman

So, if you’re wondering who owns Cessna aircraft or who owns Cirrus aircraft, the answer often comes down to those who value flexibility, personal adventure, and the joy of hands-on flying. These owners aren’t just pilots, they’re stewards of their aircraft, committed to keeping aviation safe and accessible.

Ready to Take the Next Step?

If you’re thinking about buying your first airplane, connect with us at Spearman Aircraft. We’ll help you navigate the aircraft purchase, avoid costly mistakes, and keep flying fun.