Thanks Geoff,

Appreciate your info...see I learned something more about buying a 150.....like you falling in love with the boast, I fell in love with that 65E but the timing was off....you make some really good points. Unfortunately, for sellers, our economy is so bad it is definitely a buyers market. I agree Tyler's asking price is about right. Unfortunately, there are a good number of 150s in the 15-18K price range that look like....on the web anyway like a good deal....As far as buying goes in few months I will have saved enuff to get a 150 but what really scares me is hearing about guys in our club buying what looked like a beautiful 150 and paying $1000 for the first annual (which is fine) but then the second annual for $2000 and the third annual for almost $4000. Then you hear guys complaining worrying about ADSB costing a lot and I think if you can't afford ADSB for $4000-5000 how would you ever afford a low ball major overhaul for $12,000-14000? Also Tyler, did you do a title search on your 150 when you got it? I've heard some stories of members finding liens on their 150s after they bought them. One guy ran a title search on a 150 he was thinking about buying and found a lien on it and told the owner who was amazed that it had one on it thanked him for telling him. Also have (I think...I'm still new at this) all the 337s and ADs been complied with and is there documentation proving it so. A great selling point is to scan the latest annual and put it on the website....if well done it's a great selling point. I agree with Geoff, I would never consider a 150 unless there are a lot of pictures. About the same time member Tony was selling his 65E with a fresh annual there was what appeared to be a beautiful 65E listed on Aircraft Shoppers Online located on Long Island. This 65E like Tonys had real low airframe,SMOH numbers but it did not have a current annual. I was also concerned about corrosion problems being close to the ocean....another selling point making good on Tylers 150 in north central Georgia....anyway this 150 was on ASO forever and I don't think it ever sold.

Anyway good luck Tyler and thanks Geoff for the info.

Bill

Bill Simons
N2527J 1963 Cessna 150D rental
[Linked Image from visitedstatesmap.com]
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