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You Can Buy an Eaglerock -- on Time
says Mr. Alexander

IN times gone past air enthusiasts lacking the necessary financial backing that would enable them to buy an airplane, have sat by and watched others with more ample funds purchase planes, pile up flying hours and place themselves in an enviable position as far as income returns 
are concerned.

Other bought obsolete war surplus ships from the government in the hope that they might earn sufficient funds to later buy a new and up-to-date plane. The excessive cost of upkeep together with the numerous crack-ups and losses in both lives and ships proved disastrous for these men.

The sad fact of such a condition was recognized by J. Don Alexander of the aircraft company bearing his name. Investigations showed him that the annual income of commercial pilots exceeded the cost of a ship 5 to 10 times over. For example, T.C. Alexander of California, piloting an Alexander Eaglerock reported a year's gross income of &15,000 while F.C. Schott, barnstorming with a new Eaglerock in one state averaged over $100 a day during the flying season of 1927.

Such instances as these proved the income returning possibilities of an aviator piloting his own plane. The problem was to devise a plan whereby those financially unable to purchase a new plane outright might get into the air.

President Erskine of the Studebaker Corporation tells us that three quarters of the automobiles  of the

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J. Don Alexander
President
Alexander Aircraft Co.

United States are bought on time, representing the enormous outlay of over two billion dollars.

Since the airplane merchandising field is similar to that of the automobile, J. Don Alexander saw no reason why the automobile installment plan would not be applicable to the airplane industry.

Hence in 1926 in conjunction with his pioneering of other merchandising plans, he evolved a time-payment system for the purchase of airplanes, the practicability of which together with the liberal terms offered at once met with popular favor.

Any responsible person desiring an airplane applies to one of the 31 distributors or to the main Alexander offices at Denver. The applicant is supplied with forms to be filled out giving adequate information about himself, his standing, ability as a flier, etc. Should the application be accepted the applicant makes a minimum payment of 30% of the price of the machine, plus 11% which covers brokerage, insurance risk, interest, collection expense, etc. The balance is paid in 10 equal monthly payments, the first being due 30 days following the approximate delivery date of the plane.

In addition to a mortgage on the ship, two property owners are required to co-sign the note with the purchaser. However, if suitable security is furnished, co-signers are not necessary.

Purchasers may protect themselves and their co-signers by taking out insurance. Companies recommended by Alexander furnish all kinds of insurance at less than the usual insurance rates.

This installment system has worked most successfully. active pilots make their payments from the earnings of their planes and at the same time enjoy splendid incomes from this fascinating and progressive avocation.

Opportunity now glides on the wings of progress. Airplane ownership is the means of assured income and the time payment plan will permit you to own a modern ship.

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The Wright Whirlwind Eaglerock 220 H.P. J-5