Club Homepage Forums Classified Ads Buy & Sell - Everything But Airplanes Is $22,000 a fair price for this plane?

Airframe time has little relevance when it comes to the Cessna 150 and 152. I sincerely believe that they will literally and safely fly forever if given the proper care.

Thanks Bill. I was pretty close to ending the auction Sat morning before I went to go have a look-see at the 172. The seller has up until 12 hours before the end to do so.

I guess I got caught up in the frustration of needing an overhaul, being out of annual, and not wanting to let anyone else fix it. I just don't trust my mechanics.

In the long run, I'll probably be happier when I finally build an experimental.

Ya never know, he could still back out of the sale.

Back to your regularly scheduled thread: Bob, don't be in a hurry to buy a plane. And absolutely have a pre-buy done buy an uninterested party.

I actually did bid on Erics plane (before I knew it was his) It was wallowing well under 10000. so I kicked it up to 10000.00. It would of been a real good deal at that price, but it didn't stay there.

I think besides the obvious logbook and AD compliance checks, we should come up with a list of things to look for if someone wants a pre buy done. I agree that a checklist of things common to 150's which are critical things besides the engine could help folks out a lot.

Instead of paying for an annual this overall 150 checklist sort of thing might come in handy for folks. Any opinions?

Since I can't find how to post an ad for my airplane on the club site here (the classifieds link reports an error), and since I saw this thread, let me just jump in here with an announcement that my 1974 150M is for sale. It's on Barnstormers or you can see details at http://mikerocosm.com . It's got less than 600 hours SMOH, and it's less than $22K!

Best regards,
Mike Shelton

Thanks for the bid, Steve.

I think the buyer got a pretty good deal. Maybe just a bit high for a 150 that is out of annual and needs an overhaul, but the alternator, regulator, prop overhaul, and two cylinders all have less than 20 hours on them. In my mind, that is worth something. With a major overhaul, he'll have a fine airplane and won't be into it for an outrageous amount of money. If he does just a bottom end and gets another 500 hours out of the top, then he got a heck of a deal. I already recommended that he join the club and look into the forum.

Of course, it might not be too upsetting if he backs out.