It's not an airplane, but just another example of what I am trying to say. We just purchased this pickup for Justina. How much would it be worth to some of you out there?
Nice truck, Bill! They sure don't make them like that anymore. Whatever it was, I think you got the right deal.
Regarding the $39K 152, it's just too much for the mission.
He could buy a decent 172 for less than that, and generate far more rental income.
Furthermore, for less than half that price, he could buy a decent 150, fly it 100 hours, and sell it again for the same amount. That way he could minimize his costs, even without the lease back.
That 152 is a showpiece, and will eventually be sold to a like-minded buyer.
Cheers!
