Buying an Aircraft with Confidence

Technical checks, legal documents, negotiation, transfer of ownership, taxation and financing: everything you need to know before signing.

01
First step

Preparing your buying project

Buying an aircraft is an important decision that requires rigorous preparation. Before looking at listings, clearly define your project: intended use, level of qualification, overall budget including operating costs.

Define the use

Local leisure flying, long-distance travel, instrument flying, glider towing, training: each use implies a different type of aircraft.

Check your qualifications

PPL, LAPL, CPL, IR, ME, type rating: make sure your licence matches the aircraft you are targeting.

Set your budget

Purchase price, overhaul, insurance, hangar, fuel, maintenance. Budget generously — surprises do happen.

Choose your base

Proximity to an airfield with an available hangar and an approved maintenance workshop nearby.

TipPlan a total budget that includes the purchase, initial overhaul, insurance, hangarage and annual maintenance. Annual operating costs generally represent 10 to 20% of the purchase price.
02
Selection

Choosing the right type of aircraft

The choice depends directly on your use, your qualifications and your flying area. Here is a comparison of the main categories available on Aircraft2Sell.

CategoryTypical useMinimum qualificationAverage budget
Light single-engine aircraftLocal leisure flying, VFR travel, initial trainingPPL / LAPL€30,000 – €250,000
Piston multi-engineLong-distance travel, IFR trainingPPL + ME (MEP)€80,000 – €400,000
TurbopropBusiness travel, light cargo, charterPPL + IR + ME or type rating€300,000 – €3M
Light / very light jet (VLJ)Fast business travel, private charterType rating (ATPL)€800,000 – €5M
Mid-size / heavy jetLong haul, VIP passengers, cargoType rating + ATPL€3M – €30M
AirlinerCommercial transport, cargo, ACMIATPL + type rating€500,000 – €80M
Single-engine helicopterLeisure, instruction, surveillance, tourismPPL(H) / LAPL(H)€80,000 – €500,000
Multi-engine helicopterOffshore, SAR, VIP transport, EMSCPL(H) + type rating€500,000 – €5M
Microlight / ultralightLeisure, discovery, local flyingMicrolight licence (3-axis / weight-shift)€10,000 – €150,000
Amphibious / seaplaneWaterborne tourism, remote areasPPL + seaplane rating€100,000 – €1M
Glider / motor gliderPerformance flying, competition, discoveryGlider pilot licence€20,000 – €200,000
Warbird / historic aircraftCollecting, air shows, preservationPPL + specific type rating€50,000 – €5M
ImportantAlways check that your qualifications match the aircraft you are targeting. An aircraft over 5,700 kg or a multi-engine turbine aircraft requires specific qualifications.
03
Due diligence

The essential checks

Before making any offer, these checks are essential. Do not sign anything and do not pay any deposit before completing them.

  • Certificate of airworthiness (CofA): it must be valid and not suspended.
  • Flight logbook and engine logbooks: continuity of entries is mandatory.
  • AD (Airworthiness Directives) and SB (Service Bulletins): all applicable ones must be complied with.
  • Condition of the structure: fuselage, wings, control surfaces, landing gear.
  • Engines and propeller: hours since overhaul (TSN / SMOH).
  • Avionics: validity of mandatory equipment (transponder, altimeter).
  • Current insurance and claims history.
  • Liens and mortgages: national civil aviation authority register.
  • Pre-purchase inspection (pre-buy) by an independent AMO.
Never overlook thisAlways have a pre-purchase inspection carried out by an approved maintenance organization (AMO / CAMO) independent of the seller. This expense of €500 to €2,000 can save you from surprises worth tens of thousands of euros.
TipChoose your own maintenance organization for the inspection, not the one recommended by the seller. Independence is essential.
04
Offer and price

Negotiating the right price

The listed price is rarely the final price. Here is how to structure your offer and the elements that influence negotiation.

1

Assess market value

Consult reference price databases: AVAC (European reference), Vref or Aircraft Bluebook (American references). Compare with similar listings on Aircraft2Sell to know the current market.

2

Identify negotiation leverage

High engine hours, outstanding ADs, dated avionics, condition of the paint, upcoming overhauls: each point is an argument.

3

Make a conditional offer

Make an offer subject to a satisfactory pre-purchase inspection. Pay only a symbolic, refundable deposit in case the inspection reveals major defects.

4

Negotiate after inspection

If the inspection reveals work needed, get a quote and request an equivalent price reduction, or require that the work be completed before the sale.

5

Formalize the agreement

Once the price is agreed, draft a preliminary sales agreement with conditions precedent before paying the balance.

TipA seller who refuses an independent pre-purchase inspection or who rushes you to sign is a red flag. Take the time you need: an aircraft transaction should never be rushed.
05
Administrative

Documents and sales contract

The sale of an aircraft is governed by strict rules. Here are the essential documents to check and require during the transaction.

Certificate of airworthiness

Issued by the DGAC (France) or EASA. It must be valid on the transfer date.

Certificate of registration

Official proof of ownership. Check that the seller's name matches exactly.

Technical logbooks

Flight logbook, engine logbooks, airframe logbook: continuity is mandatory.

Maintenance record

Complete history of work, ADs, SBs and modifications. Request the work orders.

Flight manual (AFM / POH)

Mandatory onboard document. It must match the registered version.

Sales contract

Draft a contract specifying: parties, subject, price, condition, warranties, conditions precedent.

CautionNever pay the full price without having verified that the aircraft is free of any lien. In France, check the DGAC's lien register. In other countries, contact the national civil aviation authority.
06
Finalization

Transfer of ownership and registration

Once the contract is signed and payment has been made, several administrative steps are needed to finalize the transfer and fly legally.

1

Signing the sales contract

Both parties sign the contract. Keep an original copy. Payment of the balance can be secured via SWIFT wire transfer or a notarial escrow.

2

Declaration of transfer

In France: file a transfer application with the DSAC Nord (Aircraft Registration Office, Athis-Mons) or via the demarches-immat.aviation-civile.gouv.fr portal. The original bill of sale is required. In other countries: notification to the competent national authority.

3

Change of registration

If the aircraft changes registers (for example from D- to F-), file a deregistration application with the previous register and a registration application with the new one.

4

Updating insurance

Contact your insurer before flying. You must be covered from the moment you take possession, not from the registration date.

5

First flight after inspection

Carry out an acceptance flight with a qualified pilot to confirm proper operation before your first flight alone.

TimelinesThe transfer time on the French register (DSAC Nord, Athis-Mons) is generally 4 to 12 weeks. During this time, a temporary flight authorization may be issued by the competent authority.
07
Taxation

VAT and tax aspects

Buying an aircraft raises important tax questions, particularly in the case of a cross-border purchase within Europe. The rules depend on the status of the buyer and the aircraft.

Intra-community purchase (individual)

For a new aircraft bought in another EU country, VAT is due in your country of residence. For a used aircraft between private individuals, VAT generally does not apply.

Purchase from an EU professional

If the seller is subject to VAT, the purchase may involve intra-community VAT: the VAT of the destination country applies via reverse charge or direct invoicing.

Importing from outside the EU (e.g. N-reg)

Buying an American aircraft involves an EASA import procedure, possible customs duties and import VAT (20% in France). A conformity inspection by the DGAC may be required.

Commercial use

Rental, charter, paid transport: specific VAT rules apply. Domestic flights are subject to VAT, international flights are exempt.

Tax advice essentialAircraft taxation is complex and varies depending on the type of aircraft, the buyer's status and the country of sale. Consult a tax advisor specialized in aviation before any transaction above €50,000.
08
Joint purchase

Aircraft co-ownership

Buying an aircraft with others (2 to 4 co-owners) is a common practice in light aviation. It allows fixed costs to be split while maintaining regular access to the aircraft, but it requires a solid legal framework.

1

Legal nature: joint ownership

A shared aircraft legally constitutes a joint ownership (indivision). Each co-owner holds a share (50/50, 33/33/33). A joint ownership agreement drafted by a lawyer is strongly recommended.

2

The joint ownership agreement

It should set out the shares, the rules for use and booking, the allocation of costs, decision-making rules and exit conditions (buyout of a share, pre-emption, forced sale).

3

Insurance for joint ownership

The policy must explicitly list all authorized pilots. The premium, calculated on the value of the aircraft, is shared proportionally: budget 2 to 5% of the insured value.

4

Risks to anticipate

In the event of a dispute, a co-owner can seek a court order for the sale of the aircraft (article 815 of the French Civil Code). Plan for a priority buyout clause and provisions for a co-owner whose medical fitness is suspended.

Alternative: company or associationSome groups set up a company or a non-profit association to own the aircraft. This makes it easier to transfer shares, manage accounting and can offer tax advantages in the case of professional use.
09
Financing

Financing the purchase of an aircraft

Cash purchases remain the majority in light aviation, but financing solutions exist for business aircraft and for some light aircraft above €50,000.

Standard bank loan

For light aircraft (€30,000 to €150,000), a personal loan or an earmarked loan may suffice. Usual down payment: 20 to 30%. The aircraft often serves as collateral through an aircraft mortgage registered with the DGAC.

Operating lease

Lease over 5 to 12 years with a purchase option, suited to businesses (deductible expenses). Offered notably by Global Jet Capital, Crédit Agricole CIB and Société Générale Private Banking for business jets.

General aviation specialists

Organizations such as General Aviation Partner offer financing tailored to light aviation, helicopters and microlights, where traditional banks tend to hesitate.

Aircraft mortgage

The aircraft can be pledged as collateral through a mortgage registered with the DGAC. This mechanism secures the lender and can help obtain better terms.

Practical tipObtain a financing agreement in principle before signing a purchase agreement, and include a financing condition precedent in the preliminary contract. Some lenders refuse to finance overvalued aircraft.
10
Frequently asked questions

Buyer's FAQ

Can you test the aircraft before buying?
Yes, a test flight is common and strongly recommended. It should be carried out with both parties present (or a qualified representative) and covered by the seller's insurance. Some sellers charge a symbolic fee for it if the sale does not go through. This flight allows you to check the aircraft's behavior, the operation of its equipment and consistency with its description.
Can you buy an aircraft registered abroad?
Yes, this is common in Europe. The aircraft must comply with EASA rules and the regulations of its country of registration. For a change of register, you must file a deregistration application with the former register and a registration application with the DSAC Nord. For a complex cross-border purchase, consult a lawyer specialized in aviation law.
Is an escrow account needed for payment?
It is not mandatory but strongly recommended above €50,000. A notary, a lawyer or a trusted third party can play this role. The escrow releases the funds only once the conditions are met (satisfactory inspection, documents handed over, registration initiated).
What insurance should you take out?
At minimum, liability insurance compliant with EC Regulation 785/2004, which is mandatory to fly. For valuable aircraft, comprehensive (hull) coverage is recommended. Premiums vary between 2 and 5% of the insured value. Compare specialist aviation insurers. Coverage must be active from the moment you take possession.
Is a pre-purchase inspection mandatory?
No, it is not legally required, but it is your main protection against hidden defects. It costs between €500 and €2,000 depending on the type of aircraft. Choose your own AMO / CAMO, independent of the seller. A seller who refuses one is a strong red flag.
Can you finance the purchase of an aircraft?
Yes, generally above €50,000. Options include a bank loan with an aircraft mortgage, an operating lease or general aviation specialists. The usual down payment is 20 to 30%. Always get an agreement in principle before signing a purchase agreement.
What should you do if defects appear after the purchase?
If the seller concealed known defects, you may invoke the warranty against hidden defects (articles 1641 et seq. of the French Civil Code), within two years of discovering the defect. Keep all documents, photos and correspondence, and consult a specialized lawyer.
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