I have a few more questions about aircraft buying in general. I am an AOPA member, and have read through all of their (mostly helpful) articles on aircraft buying. I plan to use AOPA for my title search when the time comes, and also for my liability and hull insurance.
Is there any utility to obtaining AOPA's "FAA Airworthiness Directives Report" or "FAA Service Difficulty Report?" All of this information appears to be on the hanger section of this website, so I'd rather save my $68 if I can.
Also, is title insurance available or worthwhile for a Cessna 150 purchase? I know when I bought my house, title insurance was part of the title search package, but it does not appear to be that way with a title search through AOPA.
What is the actual cost vs benefit of hangar rental vs outdoor tiedown? It would seem that hangaring an airplane would help preserve the paint, plastic, and interior better, but how much? Local hangar prices (of which none are currently available) run about $250-300 a month. That's a minimum of $3000 a year. Outdoor tiedown is about $300 a year. I find it hard to believe that storing a plane outside to prevent sun or rain damage would cause $2700 worth of damage in a year. Also, it almost seems like taking that extra $3000 and going flying with it would be a much more fun use of the money. I know if I lived in a colder climate, I would see more need for a hangar, but I wonder what all of you think.
