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Financing a Trike or Gyro
Posted: Tue Jul 07, 2009 12:18 pm
by moistymedic
Hi Guys
I'm new to the forum
Just want to say awesome forum by the way!
So My question is this how difficult is it to finance a dream? & which banks are the better ones to approach?
Cheers
Clyde
Re: Financing a Trike or Gyro
Posted: Tue Jul 07, 2009 12:58 pm
by Stephan van Tonder
Fnb, Standard and absa I know of that does that. Airplanes must be newer than 5 years and you must have fully comprehensive insurance. You can also try places like Dennis jankelow and Aircrew financial services(
www.aircrew.co.za). Cheaper in general to take extension on your bond..
Re: Financing a Trike or Gyro
Posted: Tue Jul 07, 2009 1:02 pm
by moistymedic
Hey Stephan
Thanks for the information!
Re: Financing a Trike or Gyro
Posted: Wed Jul 08, 2009 8:39 am
by skybound®
Stephan van Tonder wrote:Cheaper in general to take extension on your bond..
Correct - and if all goes belly up - remember you cant fly a house, but you can live in a hangar.
Re: Financing a Trike or Gyro
Posted: Wed Jul 08, 2009 8:44 am
by moistymedic
Hehe true! Just got to make sure there is a plug point in the hangar for Flightsim
So a hangar can fly!
