X-Air LSA has reached an agreement with Aero Credit Corp to provide financing for the purchase of a new X-Air aircraft. With approved credit, the X-Air, which sells for $59,995, can be purchased for $12,000 down, followed by five years of monthly payments at $409 a month. At the end of the five years there is a balloon payment, which normally can be refinanced.
The X-Air cruises at 85 mph on 3.4 gallons of gas and with full fuel (15 gallons) it will still take 484 pounds of pilot, passenger and baggage, according to company officials.
For more information: SportsPlanes.com or AeroCreditcorp.com.