Some folks have mentioned things like if you want a $150k airplane, but a $75k one and use the other half to maintain and operate it. I would say there is some merit to this. Perhaps with the $150k number you have already considered everything. If not, it's important to look at protecting your investment with a hangar, insurance, and of course good maintenance. I own a Piper Pacer. It's nothing close to what you're looking at but it's still owning an airplane. When I bought it, I put in place a contingency fund for unexpected maintenance issues and that was absolutely critical. I have had things come up unexpectedly on annuals. For an airplane like mine that can mean $50 to $10,000 depending on what it is. Many people have mentioned Barons. I managed one for a while and love the airplanes. I would say for that, you need to look at having a contingency fund much higher though ($50k range). The reason being, you should always expect the possibility of having to do a complete engine overhaul at your annual inspection. Hopefully not, but let's say you find a large crack in the crankcase or something along those lines. That's when you'll be glad you had the fund. Parking an airplane for 6 months to save up money to fix it will really hurt you more long term because things start going wrong with airplanes fast after they've been sitting (even more so with something like a Baron), and of course they cost money to fix. The other thing I'll mention is the importance of a pre-buy inspection from a good mechanic you trust that knows the aircraft type you're looking at well. This can't but understated. Anyways, perhaps you've thought of all this but I just wanted to put that out there. Best of luck in your search for an airplane. All that aside, my opinion is if you want a twin, look at Barons. If you want a single, a late-model (early 1980s) C182 (or 206 depending on space needed) is a great value.