| Joined: Aug 2007 Posts: 1,240 Member/1000+posts | Member/1000+posts Joined: Aug 2007 Posts: 1,240 | [/quote]
Strictly legally speaking.........Yup! With both the FAA and manufacturer.
Bill Grants Pass, Oregon [/quote]
Oh well. It would be fun to be able to pick off some of these deals and build up a pile of airframes with different sets of parts to harvest. It seems as though it would be cheaper and easier than hiring a mechanic to make some of theses changes to your plane.
It would be cool to have a dozen or so airframes to mix and match engines, STOL kits or radios. It seems as though most planes have at least one feature that stands out. For example if a guy wanted to convert his plane into a tail dragger it seems easier to find one already converted to buy and harvest all your favorite features out of your old airframe into the TD and sell the remainder.
A guy might even make a little in the process.
Jim | | | | Joined: Aug 2010 Posts: 766 Member/750+posts | Member/750+posts Joined: Aug 2010 Posts: 766 | I know a few members who would jump at the chance to ferry the airplane from where it is now to anywhere it needs to end up ... I'm sure the price would be right! Yeah I did look into that. But I figured at *least* $500 in gas to get it up here and a $150-250 one way ticket for the ferry pilot to get home - plus whatever they charge and incidentals. It's winter, I bet there is a hotel in there somewhere for the pilot. Then a $250 round trip ticket to see it, plus rental car, plus hotel for a night. Getting from Seattle to San Diego isn't cheap, very few direct flights. Then add the state import taxes on top of the usual sales taxes and all that. Then who owns the plane while it's being brought here? If something does happen to a high time airplane that I now own (being my first) not only do I gotta fix it, but it has to be fixed somewhere other than close to home. More headache. Anyway adding it all up there is potentially $2,000 or more, plus more worry, in the entire purchase process until tied down locally and whoever flew it is on their way. It's hard to justify with at least two decent low engine time airplanes in the state for $20k-23k. Low time being less than 1,000 hours on the engine. Like I said, if it was near me, I'd already own it.
Last edited by Matt_St Denis; 10/26/10 09:04 PM.
'69 Buckfitty.
| | | | Joined: Nov 2004 Posts: 5,465 Likes: 22 Member/5000+posts! | Member/5000+posts! Joined: Nov 2004 Posts: 5,465 Likes: 22 | I know a few members who would jump at the chance to ferry the airplane from where it is now to anywhere it needs to end up ... I'm sure the price would be right! Yeah I did look into that. But I figured at *least* $500 in gas to get it up here and a $150-250 one way ticket for the ferry pilot to get home - plus whatever they charge and incidentals. It's winter, I bet there is a hotel in there somewhere for the pilot. Then a $250 round trip ticket to see it, plus rental car, plus hotel for a night. Getting from Seattle to San Diego isn't cheap, very few direct flights. Anyway adding it all up there is potentially $2,000 or more in the entire purchase process until tied down locally and whoever flew it is on their way. It's hard to justify with at least two decent low engine time airplanes in the state for $20k-23k. Like I said, if it was near me, I'd already own it. I'm not quite sure I understand your reasoning  ......based on the numbers you're still $3-6K ahead of the local ones after those additional costs you're talking about have been added to the purchase price (that's assuming you don't do a better deal)....I would think it really comes down to what equipment the local ones have to get a fair comparison. But at the end of the day, you're the one buying it and its you that has to be happy with your decision Cheers
Matt Gray
VH-UEG - A150K VH-UEH - Airedale A109 VH-UYL - Taylorcraft J2
aerobat@cessna150pilot.com
A150K@hotmail.com
| | | | Joined: Aug 2010 Posts: 766 Member/750+posts | Member/750+posts Joined: Aug 2010 Posts: 766 | You are right. I left off my supposition that an engine remove/rebuilt/replace runs in the neighborhood of $10k. And yes, the local specimens might be missing a feature or two, but are a 30 minute flight to see. Don't get me wrong, I'm still on that fence  But I never make a large dollar purchase out of "sounds like a good deal" haste. I'll think about it so much the good deal never comes!!  So tell me this: Who owns the airplane while it's being ferried? Who carries the insurance?
Last edited by Matt_St Denis; 10/26/10 09:47 PM.
'69 Buckfitty.
| | | | Joined: Oct 2007 Posts: 2,600 Member/2500+posts | Member/2500+posts Joined: Oct 2007 Posts: 2,600 | For questions concerning insurance you might want to read your insurance policy or talk to your agent. | | | | Joined: Aug 2010 Posts: 766 Member/750+posts | Member/750+posts Joined: Aug 2010 Posts: 766 | That would be the most logical thing, except I have no insurance or insurance carrier, not owning a plane or even a license yet (remember I'm still a student). And for Low Lead on the fire: I can get a polished aluminum 150/150 with the same engine time for 10 grand more just down the road. WITH....(sit down GPB) long range 40gal tanks! Think 25k for an 4900hrA/1800hrE 150/150 LRT is reasonable?? 
Last edited by Matt_St Denis; 10/26/10 10:22 PM.
'69 Buckfitty.
| | | | Joined: Jan 2004 Posts: 13,969 Member/10,000+ posts! | Member/10,000+ posts! Joined: Jan 2004 Posts: 13,969 | And for Low Lead on the fire: I can get a polished aluminum 150/150 with the same engine time for 10 grand more just down the road. WITH....(sit down GPB) long range 40gal tanks! Think 25k for an 4900hrA/1800hrE 150/150 LRT is reasonable?? Hey Matt, Do ya really want to know what we paid for our airplane with only 100 hours on an overhaul? (Hint: I still will have less then $25,000 into it even after getting these wings on!  ) But seriously, don't jump at that 150/150 too quickly. There are quite a few 150/150's out there presently running well under $30,000. And with a lot less time then this one. Bill Grants Pass, Oregon | | | | Joined: Mar 2004 Posts: 15,884 Likes: 991 Member/15,000 posts | Member/15,000 posts Joined: Mar 2004 Posts: 15,884 Likes: 991 |
So tell me this: Who owns the airplane while it's being ferried? Who carries the insurance?
I would think this is something that needs to be worked out between the seller and the buyer. I would think that if the money has changed hands and a BOS made out then it is the buyer's plane and he needs to/should have the insurance.
Ron Stewart N5282B KSFZ | | | | Joined: Dec 2003 Posts: 25,416 Likes: 997 Member/25,000 posts | Member/25,000 posts Joined: Dec 2003 Posts: 25,416 Likes: 997 | So tell me this: Who owns the airplane while it's being ferried? Who carries the insurance? The buyer owns the plane while it's being ferried. No seller in his right mind would allow an unpaid-for plane to be flown away. The new owner should have a policy in effect the minute the sale takes place. | | | | Joined: Apr 2005 Posts: 9,802 Likes: 113 Member/7500+posts | Member/7500+posts Joined: Apr 2005 Posts: 9,802 Likes: 113 | Ultimately, since the buyer has the money, it's the buyer's call, subject to the seller's comfort level.
As a buyer, I feel I'm obligated to have a look-see at the plane and paperwork first. Then, if I want to have a mechanic look at it, that's at my expense and at the seller's convenience.
If I wanted to fly it home, I'd buy the ticket out there and go get it myself. If I'm not able, don't have the time off from work, or just ain't comfortable in the plane (as was the case when I bought my taildragger), then either the seller can deliver it, or you can hire a ferry pilot.
Who pays what can be as complicated as you'd like to make it.
I ferried a 152 taildragger from St. Louis to Corpus Christi. The seller paid for my airline flight from Dallas to St. Louis, all of the money I spent on fuel, and my flight from CC back to Dallas. I didn't ask for any extra money. He tipped me a couple of those nice crispy hundred dollar bills. If I would have asked for 5 of them, he would have been okay with that, but I did it as a favor for a friend. I also did it because I love to fly.
I had the chance to deliver a nice 150/150 from West Houston, TX to Oregon. Talk about a long haul..it truly was. Nothing broke enroute, the weather was great all the way to the Medford valley, which required an extra night in a hotel. But, there was no doubt...the plane was insured by the buyer, the buyer was now the owner (pink registration papers in the plane), and I knew that my expenses would be covered by the buyer, as well as the understanding that I would be given a plane ticket back home. Turned out to be one of those "once-in-a-lifetime" trips for me. I was tipped on that one, too, although I didn't charge a dime. What I got in return was memories that will last a lifetime, as well as some awesome, lifetime friends.
I've rambled on too much...but my point is that you can't buy a plane and focus strictly on the dollars and cents. If you buy a plane without having the love of aviation and the burning desire to own your own plane, then you'll be very disheartened when your annual inspection shows discrepancies that push the price up over 1000 bucks...or that you need a new cylinder, or when the alternator craps out and your mechnic improperly diagnoses is as the voltage regulator.
Pony up for the plane you want, and don't settle for the closer ones. If you do, you'll always know you settled. It doesn't work in marriages, and it certainly doesn't work owning an airplane. (No points made herein are in any way intended to imply any subversive messages indicative of certain life situations, either real or imagined.)
Gary Shreve When writing the story of your life, never, ever let someone else hold the pen. [ Linked Image] | | |
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