I am not an expert, but I think $4500 for the engine is a little (maybe a lot) high!
I was thinking the same thing Stacey. Worn out engine that has sat for years ?? Buying a "pig n a poke" for sure. I've seen engines with 1200hrs go for that amount.
As a comparison, I have a friend that owns a 250 Comanche. Engine has 250 hours on it, CS prop was rebuilt but never installed (still in the wrapping back from the shop). The plane has been sitting in a hangar for 10 years. It isn't in bad shape, but one can by a flying Comanche for the amount of money needed to get it in shape. The owner told me the plane might be worth $5k. So there ya go. Personally, my A&P told me to stay away from that plan and no one I talked to is interested so... there ya go.
Zachary welcome to the club!!
Comanche's are cool but how about a WWII DC-3! About 5 years ago one was for sale in Tucson. She hadn't flown in a long time...no engines...the owner wanted to sell her for $11,000...what he could get from the scraper...I don't think she got any offers and was melted down
It sounds like the owner knows you really care about this "special" 152 and may be trying to take advantage of you...if he's a good guy since you worked for him he should give you a break as opposed to the scraper.
I would love to look up the 150s I trained in 42 years ago, but unfortunately my log book only shows Cessna 150.
You know old friends are special...but new friends can be special as well....
Good Luck Zachary!
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