I need help determining if the price is right for this aircraft.

1974 150L
TT 4865
SMOH 228
new cyclinder
MX 300 Nav Com
RT 241A Transc
AT 50 A Transponder
Annual 5/1/13 ( we have folks in the chapter that can do the annual)

Asking $10,000

I'm considering getting some folks together and buying this to begin a flying club for our youth avaition program.

Your thoughts?

John

Where ever you go preach the gospel of the LORD,
and if you have to, use words.