The seller is asking WAAAAAY too much money. I plugged the specs into the VREF Calculator at AOPA (which usually gives a price a bit higher than actual market price) and it came up with $18,540. Below is the details:

- Price of the "average" 1983 152 with standard equipment, 7/10 Paint & Interior, 1200 SMOH (half-life left), 6100 TTAF, is $24,750.
- They added in the credit for low-time air frame at $.54/hr. So, (6100 - 5600) x .54 = $270.
- They deducted the run-out engine at $5.4/hr. So, 1200 x <$5.4> = <$6,480>.
- The adjusted value for the plane you're looking at is: $24,500 + $270 - $6,480 = $18,540.

Considering the price of an overhauled Lycoming O-235 engine is $13K, and a remanufactured one is around $15K-$18K. I think you can find a better deal somewhere else.

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