| | Joined: Nov 2006 Posts: 2,362 Member/1500+posts | | Member/1500+posts Joined: Nov 2006 Posts: 2,362 | The story is true all names and places are omitted.
We have all looked at ramp rag 150s that are for sale in the 18-24k ranges, they never fly and have been for sale so long the orange faded from the for sale sign. At one of the airports I utilize is a late model (M)150 that belongs to a club, flies on a regular basis and is a very forgettable plane (if it blocked the gas pump during our clinton flyin no one would remember it being there). It has been offered for sale at $7,500. No takers, today someone told me they offered $5000 for it. I can't wait to see if it sells. I was just wondering, how cheap is cheap?
John | | | | | Joined: Jan 2007 Posts: 3,640 Likes: 49 Member/2500+posts | | Member/2500+posts Joined: Jan 2007 Posts: 3,640 Likes: 49 | How about some pics and details John????? Im actually gurious about this.
Jim
Delta Pilot Ghetto
KFFC Falcon Field
N378T
| | | | | Joined: Mar 2004 Posts: 15,894 Likes: 997 Member/15,000 posts | | Member/15,000 posts Joined: Mar 2004 Posts: 15,894 Likes: 997 | The story is true all names and places are omitted.
.......... It has been offered for sale at $7,500. No takers, today someone told me they offered $5000 for it. I can't wait to see if it sells. I was just wondering, how cheap is cheap?
John Is Bill, oops, ah...Bob  getting a plane? 
Ron Stewart N5282B KSFZ ![[Linked Image from visitedstatesmap.com]](https://www.visitedstatesmap.com/image/CTILINIAMEMANHNJNYOHPARIVTWVsm.jpg) | | | | | Joined: Mar 2007 Posts: 5,189 Likes: 850 Member/5000+posts! | | Member/5000+posts! Joined: Mar 2007 Posts: 5,189 Likes: 850 | Hey John,
Interesting...after a while they are probably worth that much for the parts alone...
After all, a plane selling for $5,000 that needs $20,000 to become airworthy is really a $25,000 airplane in the end.
MM | | | | | Joined: Mar 2004 Posts: 2,396 Likes: 60 Member/1500+posts | | Member/1500+posts Joined: Mar 2004 Posts: 2,396 Likes: 60 | Hey John,
Interesting...after a while they are probably worth that much for the parts alone...
After all, a plane selling for $5,000 that needs $20,000 to become airworthy is really a $25,000 airplane in the end.
MM Chortle! Oh dear! Let's not extrapolate, but I cannot resist A $15000 plane that needs $3-$5000 a year to STAY airworthy comes to mind. Is it, after, say, ten years, a $45,000-$65,000 plane? Hmm. Here's how to figure what kind of plane you have: X = p + yn Where X is the dollar adjective, as in "a $25,000 plane;" P is the Purchase Price; Y is the number of years you have kept/are keeping it, and n is the outgo per year to keep it airworthy. This stunt is done by professionals; Do not try this at home!
"The most beautiful thing on earth is the sky above it." -- Joanna Fink
| | | | | Joined: Mar 2007 Posts: 5,189 Likes: 850 Member/5000+posts! | | Member/5000+posts! Joined: Mar 2007 Posts: 5,189 Likes: 850 | Hey John,
Interesting...after a while they are probably worth that much for the parts alone...
After all, a plane selling for $5,000 that needs $20,000 to become airworthy is really a $25,000 airplane in the end.
MM Chortle! Oh dear! Let's not extrapolate, but I cannot resist A $15000 plane that needs $3-$5000 a year to STAY airworthy comes to mind. Is it, after, say, ten years, a $45,000-$65,000 plane? Hmm. Here's how to figure what kind of plane you have: X = p + yn Where X is the dollar adjective, as in "a $25,000 plane;" P is the Purchase Price; Y is the number of years you have kept/are keeping it, and n is the outgo per year to keep it airworthy. This stunt is done by professionals; Do not try this at home! Tom, Tom, you're killing me! If my wife were to ever find out your "secret formula" here I'd be finding a new hobby real fast! Stop confusing us with facts! Ha Ha! MM | | | | | Joined: Jul 2004 Posts: 21,778 Likes: 2277 Member/20,000 posts | | Member/20,000 posts Joined: Jul 2004 Posts: 21,778 Likes: 2277 | Hey John,
Interesting...after a while they are probably worth that much for the parts alone...
After all, a plane selling for $5,000 that needs $20,000 to become airworthy is really a $25,000 airplane in the end.
MM Chortle! Oh dear! Let's not extrapolate, but I cannot resist A $15000 plane that needs $3-$5000 a year to STAY airworthy comes to mind. Is it, after, say, ten years, a $45,000-$65,000 plane? Hmm. Here's how to figure what kind of plane you have: X = p + yn Where X is the dollar adjective, as in "a $25,000 plane;" P is the Purchase Price; Y is the number of years you have kept/are keeping it, and n is the outgo per year to keep it airworthy. This stunt is done by professionals; Do not try this at home! Tom, Tom, you're killing me! If my wife were to ever find out your "secret formula" here I'd be finding a new hobby real fast! Stop confusing us with facts! Ha Ha! MM Settle down Mike. Tom's using that new math. Jim
Cessna 150/150, N2259M - Mighty Mouse
| | | | | Joined: Apr 2006 Posts: 9,272 Likes: 153 Member/7500+posts | | Member/7500+posts Joined: Apr 2006 Posts: 9,272 Likes: 153 | Settle down Mike. Tom's using that new math. Jim There only a few of us who remember the old math!
TD
| | | | | Joined: Jun 2004 Posts: 35,575 Likes: 565 DA POOBS Member with 30,000+ posts!! | | DA POOBS Member with 30,000+ posts!! Joined: Jun 2004 Posts: 35,575 Likes: 565 |
![[Linked Image from animatedimages.org]](https://www.animatedimages.org/data/media/218/animated-penguin-image-0137.gif) [ animatedimages.org] ![[Linked Image from visitedstatesmap.com]](https://visitedstatesmap.com/image/ALARILINIAKSKYLAMDMIMNMSMONJOHOKPATNTXWVWI4387262092be694508e4e9f014001607468590med.jpg) Imagine a united world.
Join the Popular Front for the Reunification of Gondwanaland. | | | | | Joined: Apr 2004 Posts: 4,204 Likes: 1 Member/2500+posts | | Member/2500+posts Joined: Apr 2004 Posts: 4,204 Likes: 1 | See? Terry warned us.
Last edited by Robert_Cressman; 10/31/09 07:03 PM.
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