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Author Topic: Lease costs increasing?  (Read 684 times)

Jps

  • Former member
Lease costs increasing?
« on: November 25, 2010, 10:14:25 AM »
I notice my leasing costs have increased in the past few months even though I have not added any new aircraft or changed their lease terms. I have thought the lease amount stays the same for as long as it was determined when starting the lease, so what is increasing the costs?

Online Sami

  • Administrator
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  • Posts: 14540
    • AirwaySim - Are you the next Richard Branson?
Re: Lease costs increasing?
« Reply #1 on: November 25, 2010, 10:33:31 AM »
If you have the auto-renewal on, and a lease is renewed, the price may (= will) change. (inflation etc)

Jps

  • Former member
Re: Lease costs increasing?
« Reply #2 on: November 25, 2010, 11:20:57 AM »
If you have the auto-renewal on, and a lease is renewed, the price may (= will) change. (inflation etc)
I don't, plus I have not had any change in the lease terms (no lease terms have been renewed, cancelled or new aircraft acquired).

Offline jewiden

  • Members
  • Posts: 93
Re: Lease costs increasing?
« Reply #3 on: November 25, 2010, 04:25:20 PM »
When you first lease the plane, you pay a few months up front (4 for used, 5 for new a/c iirc). It could be that you've now actually started paying periodically on the aircraft.

Jps

  • Former member
Re: Lease costs increasing?
« Reply #4 on: November 25, 2010, 10:20:14 PM »
When you first lease the plane, you pay a few months up front (4 for used, 5 for new a/c iirc). It could be that you've now actually started paying periodically on the aircraft.
Oh, lol...
That must be it. Somehow totally forgot  :-[
Yes, I believe it was less than 4 months ago I last leased a plane, so that would do it.
Thanks  ::)

 

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