View Single Post
Old 07-07-2012 | 02:53 PM
  #9  
SmitteyB
Line Holder
 
Joined: Jul 2008
Posts: 907
Likes: 26
Default

Originally Posted by Airhoss
Was it just me or were you guys wondering how you can afford a Challenger and a Hawker as a personal/business airplanes on a repo mans salary? Either there is some HUGE money to be made in the repo industry or that guy has a good side business. Is he a dealer reoping his own airplanes?

Maybe he's flying repoed airplanes while they are in inventory?

I think based on watching the show.

He repos the airplane refurbs it- sells it and keeps a BIG cut.

Or

He buys the airplane from the bank for cheap then refurbs and sells them.
Reply