$49,500 Cessna 150

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Re: $49,500 Cessna 150 Ed Pataky #281595 10/01/10 02:56 AM
Joined: Nov 2004 Posts: 5,465 Likes: 22 Wedderburn Airstrip, Sydney, A... Matthew Gray Member/5000+posts!
Matthew Gray Member/5000+posts! Joined: Nov 2004 Posts: 5,465 Likes: 22 Wedderburn Airstrip, Sydney, A...	Originally Posted by Ed_Pataky I figure I have about 55K into Mary Lou. Let's see... Bought for 18k Radios... about 15K with labor Lighted wingtips.. 1.4 k New carb... 1.6 k Mag overhaul... .76 k Seats/carpet... 1.6 k VG's... .7 k Cowling and camlocks and painting... 1.3k Wig Wag installation... 1.2 k El Reno oil filter... .28 k Replace/repair failed instruments... 1.3 k Top overhaul in 2005... 5 k Annuals... 6 K Replace transponder... .85 LED Beacon... .4 k There's more, but ya get the drift... 54.99 K over six years, not counting oil, gas, insurance, and incidentals - easily over 60 k. Oh yeah..... and landing fees that have come from airports in Pennsylvania and other places.... hmmmmmm. It is important that you recognise the difference between "Value adding" and operational on going expenditure....some people cant quite distinguish that small but important fact. More than half the stuff you have listed there are ongoing "operational expences" not Value added items - e.g.just cause you spend 0.76 on getting the mags fixed does not raise the value of the 0.76. That said, the retained value of the Value Added items is no where near the initial purchase price when it comes to Resale - that is, everything depreciates from Day 1 It's like people who list the Annual rego for their car, and service costs as added value, its an expense - i.e the car cost 10K I've registered it twice @ $500.00pa and had it serviced in that time for $1200.00 so now it owes me $12,200. What it really owes you is the cost of purchase less Depreciation, those other two costs were operational expences, not value added to the base price. Matt Gray VH-UEG - A150K VH-UEH - Airedale A109 VH-UYL - Taylorcraft J2 aerobat@cessna150pilot.com A150K@hotmail.com

Entire Thread
Subject	Posted By	Posted
$49,500 Cessna 150	Brian Anderson	09/27/10 11:33 PM
Re: $49,500 Cessna 150	Hung	09/28/10 12:12 AM
Re: $49,500 Cessna 150	Reg Hearn	09/28/10 10:36 PM
Re: $49,500 Cessna 150	Mark van Wyk	09/28/10 11:18 PM
Re: $49,500 Cessna 150	Russ_Anderson	09/28/10 12:17 AM
Re: $49,500 Cessna 150	Catherine	09/28/10 01:37 PM
Re: $49,500 Cessna 150	Grants Pass Bill	09/28/10 03:22 PM
Re: $49,500 Cessna 150	Jim C	09/28/10 03:40 PM
Re: $49,500 Cessna 150	Jim C	09/28/10 03:43 PM
Re: $49,500 Cessna 150	Jim C	09/28/10 03:45 PM
Re: $49,500 Cessna 150	Jim C	09/28/10 03:46 PM
Re: $49,500 Cessna 150	Grants Pass Bill	09/28/10 03:51 PM
Re: $49,500 Cessna 150	Kendel_McCarley	09/28/10 05:03 PM
Re: $49,500 Cessna 150	Grants Pass Bill	09/28/10 03:46 PM
Re: $49,500 Cessna 150	Rick Durden	09/28/10 06:52 PM
Re: $49,500 Cessna 150	Kendel_McCarley	09/28/10 08:54 PM
Re: $49,500 Cessna 150	Wayne Westerman	09/28/10 05:19 PM
Re: $49,500 Cessna 150	Mike Marra	09/30/10 09:00 PM
Re: $49,500 Cessna 150	Kendel_McCarley	09/30/10 09:01 PM
Re: $49,500 Cessna 150	Ed Pataky	10/01/10 12:16 AM
Re: $49,500 Cessna 150	Mark van Wyk	10/01/10 12:54 AM
Re: $49,500 Cessna 150	Ed Pataky	10/01/10 01:00 AM
Re: $49,500 Cessna 150	Charlie_Rowlett	10/01/10 01:05 AM
Re: $49,500 Cessna 150	Terry Dickinson	10/01/10 01:11 AM
Re: $49,500 Cessna 150	Ed Figuli	10/01/10 01:27 AM
Re: $49,500 Cessna 150	Ed Pataky	10/01/10 01:33 AM
Re: $49,500 Cessna 150	Matthew Gray	10/01/10 02:56 AM
Re: $49,500 Cessna 150	Carl Chitwood	10/01/10 06:06 PM
Re: $49,500 Cessna 150	Kendel_McCarley	10/01/10 08:12 PM
Re: $49,500 Cessna 150	Matthew Gray	10/02/10 11:46 AM
Re: $49,500 Cessna 150	Matthew Gray	10/01/10 02:36 AM
Re: $49,500 Cessna 150	Kendel_McCarley	10/01/10 03:50 PM

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