American Legend Aircraft Co. has launched a new deposit program designed to make it easier to buy a Legend Cub.
The Legend Cub is a two-place, single engine piston-powered aircraft designed to meet Light Sport Aircraft category certification requirements.
Under the new plan, a customer can secure a production slot for the presently backlogged Legend Cub with a $2,400 refundable deposit, reducing the customer’s financial risk. Buyers can still take advantage of the previous deposit program, which requires a 10% non-refundable deposit and locks in the purchase price of the Cub. Another 40% deposit is required 60 days before delivery, while the remaining 50% is due at delivery. Prices start at $67,000.
“As we ramped up our production capabilities, we realized our newest customers were looking at a nine to 10 month wait for delivery,” said Tim Elliott, president. “Customers are more likely to reserve a production slot when provided greater flexibility in the purchase.”
For more information: 903-885-7000.