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Aircraft Purchase Checklist: Everything You Need Before Buying a Plane

Aircraft Purchase Checklist: Everything You Need Before Buying a Plane

Published: July 11, 2025

Buying an aircraft is exciting—and yes, a little overwhelming too. Regardless if you're a first-time buyer or expanding your aviation fleet, it’s a big step. There’s a lot more to it than simply picking your favorite make and model and taking off.

That’s where a good aircraft purchase checklist comes in. This list helps you stay organized and avoid costly mistakes. It’s basically a clear map for your journey from interest to ownership. In this guide, we’ll go through what that checklist looks like, what to do before you even begin, and why each step matters. This way, we take the guesswork out of buying an aircraft—so you can focus on the sky ahead.

What Is an Aircraft Purchase Checklist and Why Does It Matters?

An aircraft purchase checklist is a step-by-step list that helps you manage everything involved in buying a plane. It's not just a helpful tool—it’s a must-have.

Why it’s important:

  • Avoids surprises – It helps you spot problems early, like corrosion, damage, or legal issues.
  • Keeps things legal – The FAA has strict regulations, and this checklist helps you meet them.
  • Protect your investment – Planes are expensive. A checklist helps make sure you know what you’re getting.
  • Supports safe aviation – Safety comes first. Always.

Every aircraft has a story—its age, use, maintenance history, and condition. This checklist helps you evaluate all that clearly before signing any purchase agreement.

What’s usually on the checklist:

  • Pre-purchase and aircraft inspection
  • Logbook and logbook entries review
  • Registration documents
  • Airworthiness certificate checks
  • Flight test planning
  • Reviewing ownership and title
  • Payment and financing steps
  • Maintenance and repair records
  • Fuselageengine, and airframe condition
  • Avionics and mechanical system tests

It may look like a lot—but with this guide, you'll handle each part like a pro.

What Are Key Considerations Before You Start the Checklist?

Before you even inspect or test-fly anything, there are some major things to think through.

1. Know the Type of Aircraft You Need

Think about what you need the airplane for. Short trips? Business travel? Private flight lessons? Do you want a jet, an experimental aircraft, or something for general aviation?

Ask yourself:

  • What’s your mission?
  • How many passengers will you carry?
  • How far will you fly?

Your answers will guide your choice of make and model.

2. Understand Ownership Costs

Buying an aircraft is just the beginning. You’ll also need to plan for:

  • Fuel
  • Hangar space (hangar fees)
  • Routine maintenance
  • Insurance
  • Overhaul or repair costs over time

If you're not a pilot yourself, you may also need to hire one.

3. Check Financing Options Early

Unless you're paying in full, financing will be part of your aircraft acquisition. Lenders will want to see:

  • Your credit history
  • Type of aircraft
  • Condition of the aircraft
  • Purchase price and payment terms

4. Plan for a Pre-Buy Inspection

pre-buy inspection (sometimes called a pre-purchase inspection) is critical. You’ll need a qualified mechanictechnician, or inspector to check:

  • The airworthiness of the plane
  • Structural integrity of the airframe
  • Condition of the engineavionics, and fuselage
  • Any needed repair work

A good inspection will tell you if the aircraft is worth the price—or if it’s a pass.

5. Know the Rules

Aircraft registration must be valid. The FAA and your local FSDO (Flight Standards District Office) have rules you must follow. Each step, from title search to certificate transfer, follows a process under regulatory standards.

Taking these steps before starting the checklist puts you in control—and keeps the seller honest.

The Full Aircraft Purchase Checklist: Step-by-Step

Now that you understand why the checklist matters and what to consider before starting, let’s walk through the actual aircraft purchase checklist—step by step. Each item plays an important role in making sure your plane is safe, legal, and worth the money.

1. Initial Evaluation

Start with a basic evaluation of the aircraft. This helps you decide if it's even worth moving forward.

Ask questions like:

  • Does this type of aircraft fit my needs?
  • Does the price match the condition?
  • Has the airplane been used for general aviationbusiness aviation, or something else?

Look over any online listings, photos, and descriptions. Talk to the seller. If anything seems off, trust your gut—it’s okay to walk away early.

2. Request and Review All Records

Once you're interested, ask for all documents related to the aircraft. These include:

  • Full logbook with all logbook entries
  • Maintenance history
  • Repair records
  • Airworthiness certificate
  • Registration details
  • Any documents showing completion of upgrades or modifications

Review these carefully. Look for signs of skipped maintenance or past damage.

3. Hire an Independent Inspector

This part is key. Hire an experienced technicianmechanic, or inspector to do a full pre-buy inspection (or pre-purchase inspection). Choose someone who isn’t connected to the seller.

A thorough aircraft inspection should include:

  • The engine
  • The airframe and fuselage
  • The avionics (all electronic flight instruments)
  • The fuel system
  • Signs of corrosion
  • Landing gear
  • Structural integrity

They will check how the plane looks, runs, and feels during a ground test—and possibly a flight test.

4. Meet FAA and Legal Requirements

Work with the FAA or your local FSDO office to make sure everything is done by the book.

Things to confirm:

  • Current aircraft registration status
  • Proper certificate of airworthiness
  • Clear title with no liens
  • Regulatory compliance for upgrades or modifications

If the aircraft doesn’t meet these rules, you might not be able to operate it legally.

5. Finalize Purchase Agreement and Financing

Next, you’ll complete the purchase agreement. This contract outlines the sale, price, responsibilities, and final payment terms.

Make sure it covers:

  • Condition of the aircraft at time of sale
  • What happens if something is wrong during inspection
  • Timeline for completion of the sale
  • Who pays for what

If you’re using financing, this is when the bank or lender steps in to finalize the deal.

6. Plan for Post-Purchase Needs

After the sale is done, you still have a few things to take care of:

  • Schedule a fresh maintenance review
  • Get insurance
  • Arrange hangar space
  • Transfer ownership with the FAA
  • File any needed regulation paperwork

You’re now officially part of the aerospace world. Welcome!

7. Stick to Best Practices

As you move through the process, follow best practices:

  • Don’t rush decisions
  • Use trusted professionals
  • Double-check everything
  • Always do a pre-buy inspection
  • Keep detailed records

Even experienced buyers follow these rules. They help avoid surprises and protect your investment.

Conclusion

Buying an aircraft is one of the biggest choices you can make in aviation. It takes more than excitement—you need clear steps, trusted people, and a reliable checklist. With the right plan, a smart inspection, and all the paperwork in order, your new aircraft ownership journey can start off strong.

This guide is here to help you make the best call, whether you’re new to private aviation or experienced in business aviation. So take your time, ask good questions, and check every box. The sky’s not the limit—it’s just the beginning.

Frequently Asked Questions (FAQs)

1. Do I need an aviation lawyer to buy a plane? 

It’s not required, but it’s a smart move. A lawyer helps review the purchase agreement and protects your interests.

2. How much does a pre-buy inspection cost? 

It depends on the type of aircraft, but it can range from $1,000 to $5,000 or more.

3. Who performs the aircraft inspection? 

A certified mechanictechnician, or inspector with experience in that aircraft’s make and model.

4. What documents should I ask the seller for? 

Get the logbooksmaintenance historyregistrationairworthiness certificate, and any recent repair records.

5. Can I fly the plane before I buy it? 

Yes. A flight test is a key part of the process, usually done after the pre-purchase inspection.