Ed,
First, Welcome!
To address this issue, I personally look at it this way. You can paint up, soup up, and do all sorts of wonderful things to a VW Beattle. But, in the end, it is still only a VW Beattle. I see the Cessna 150 in the same light. I would advise that you listen to your friends and mechanic(s) Ed. Today you can purchase, maybe not a pretty 150, but airworthy one, for the low teens. And there are many really nice 150's out there to be had for mid teens to low 20's. I believe that $30,000 is definitely overpriced in my way of thinking.
Another thought. That new FWF really makes me suspicious. If it is a quality overhaul, why would somebody put that much money into an airplane just to turn around and sell it?
My thoughts..........
Bill
This is a circumstance where it is nice to know, or at least spend some time chatting with, the owner. The reasons could be good or bad.
If all goes well and I can put Juliet on the block in June, she will have low hours (though not as low as the plane in question) on a quality overhaul.
Why would I do that?
Weelll, when I did the overhaul it was a distinct possibility that Juliet would be my airplane for life. I did not envision my circumstances changing to the extent that I could consider a bigger airplane.
Everybody based at Sanderson knows my airplane. And the vultures are beginning to circle. I just might be able to sell my airplane to somebody right here.
Having said all that...yeah, I think $30K is overpriced.
Reg
