Club Homepage Forums Classified Ads Buy & Sell - Airplanes Only 1969 150J PROJECT, 150/150, Taildragger, STOL - $10,000 - NorCal - SOLD

Okay, so I just got back from two days of driving up to Steve and back. The goal was to catalog the bits and work up a punch list for what it'd take to either fly it out or trailer it back to Tucson. What ended up happening is that I decided to not take the airplane. Since it was public that I was going to buy it, I feel I should be public about why I didn't, so that there are no rumors.

First, I think the project is well worth the asking price. My eyes bugged out when Steve handed me a brand new ADSB transmitter that was part of the deal. I've also researched the other included items on the list and know they are good value as well. Steve listed his purchase price for the motor mount and STC's, for instance, but those items have gone up in price significantly since he bought them. There are also quite a few "goodies" that he didn't list on his for-sale sheet.

What caused me to rethink this purchase was not the value. It actually pained me to walk away from this offer. Even if I wasn't to complete the project, there were plenty of parts I could have used on my other 150 (like the ADSB) and then I could have sold what I didn't want for the money I had paid Steve. I believe I would have come out thousands of dollars ahead.

However, I realized that this would have been my dream airplane ten years ago and that it's not my dream now. I've gotten older and have less lifespan left for projects, while I still have plenty of projects in the queue. My view on money has changed as well, where I'm no longer as attracted to a good deal just for the sake of a good deal. I've been through a LOT of airplanes since I bought my first three in 2008. I've owned Cessnas, Pipers, Yaks, a half dozen experimentals, and a few jets. I think it's time to just hold what I've got and not acquire (buy, sell, trade) any more.

I understand where Steve's head is at in wanting to sell this airplane, so that he can just go enjoy his Champ and 182. I think my head is in the same space, where I just want to go enjoy the 150 I've already got, the 310, the Fouga, and the Bearhawk.... which is more than enough.

If anyone else is looking to purchase this from Steve and wants an inspection report, feel free to DM me and we can talk privately.