mem (12/20/82)
c This is in response to a financing question from Randy. When I was considering buying a used airplane, once, it was rather easy to find banks willing to lend money. As is the way of banks, they offered to lend as much as they felt they could sell the thing for, if they had to. In the particular cases I investigated, this turned out to be about 80% of the purchase amount. Mark Mallett