| Joined: Sep 2006 Posts: 8,775 Likes: 300 Member/7500+posts | Member/7500+posts Joined: Sep 2006 Posts: 8,775 Likes: 300 | Welcome Greg. We have a 1968 C-150. It is fun to fly and a great airplane (one of Cessna's best in my opinion -- not ours but the 150 in general). Our '68 is an "H" model though. The only real problem we have had is sticking valves a couple of times. We also had a real problem with water in the fuel when we bought the airplane over five years ago. We replaced the gaskets on the filler neck and have not had a problem since. Good luck on your search. | | | | Joined: Mar 2004 Posts: 12,760 Member/10,000+ posts! | Member/10,000+ posts! Joined: Mar 2004 Posts: 12,760 | A New Guy!!!!
Welcome Greg!!!
Message sent from a rotary pay phone... Bengie [ Linked Image]
| | | | Joined: Jan 2012 Posts: 180 Member/100+posts | Member/100+posts Joined: Jan 2012 Posts: 180 |
511GM KHWD
| | | | Joined: Mar 2004 Posts: 10,432 Likes: 864 Member/10,000+ posts! | Member/10,000+ posts! Joined: Mar 2004 Posts: 10,432 Likes: 864 | | | | | Joined: Jan 2004 Posts: 18,962 Likes: 3 Member/15,000 posts | Member/15,000 posts Joined: Jan 2004 Posts: 18,962 Likes: 3 | Welcome, Greg! All good advice above, especially about expanding your opportunities. Don't fall in love with the first airplane you look at, especially at this asking price (not exorbitant for a solid 150, but on the high end of the scale in this economy).
Work out who pays for what with the owner before the annual. You of course pay the mechanic of your choice for their concurrent pre-buy inspection (guessing $150-$200... they aren't signing anything off). The owner pays for the annual itself and any needed repairs to airworthiness items (it's still his airplane until sold). Non-airworthiness or cosmetic items do not affect the annual sign-off and are negotiable between you as a condition of sale, or not.
If you like the mechanic that is doing this annual, there's probably no reason not to use him/her in the future. But, you still need someone impartial and experienced on 150's to look over their shoulder for the pre-buy. LOTS of things can be missed that might bite you at next annual with a new to this airplane mechanic.
Your first annual with a new mechanic will probably be the most in-depth inspection it will have for some years to come, and therefore often that much more costly. It's not a bad thing to discover what's really needed, but better to find them now, not after you've bought the plane. | | | | Joined: Jan 2012 Posts: 180 Member/100+posts | Member/100+posts Joined: Jan 2012 Posts: 180 | I went and looked at another plane today and find that there are so many available it makes the search more complicated! I have a general question regarding hail damage. The plane I looked at has hail damage but the dents are rather small. If I were to get over the cosmetic issue, are there other concerns I should consider?
The owner is a mechanic who has owned it if for four years. He spent hours with me opening things up and looking at logs.
Here is the one I looked at, again I welcome the feedback and thank you.
1976 150M • $21,900 • FOR SALE BY WIFE • 450 SMOH, New ECI cyl kits, New Mags, Harness, Plugs, Overhauled Carb, B&C Lightweight "NO Clutch" Starter, Oil Filter mod, 3 Light Strobe Kit and 1 tail strobe on Vert fin, King Digital KX-155 with Glideslope, Garmin GX-55 GPS, David Clark Intercom , Cessna Encoded Transponder, All Plastic interior recently replaced, After market sun visors. 6870 TT.
511GM KHWD
| | | | Joined: Dec 2003 Posts: 25,411 Likes: 995 Member/25,000 posts | Member/25,000 posts Joined: Dec 2003 Posts: 25,411 Likes: 995 | The plane I looked at has hail damage but the dents are rather small. If I were to get over the cosmetic issue, are there other concerns I should consider? No. In fact the dimples give the plane more lift, like those on a golf ball.  All kidding aside, the small dimples don't affect the way the plane flies, but you can use them as a bargaining point to bring down the price. My plane used to be owned by a flight school and parked outside. It has small dimples all over the top surfaces. It flies just fine. | | | | Joined: Feb 2004 Posts: 5,975 Member/5000+posts! | Member/5000+posts! Joined: Feb 2004 Posts: 5,975 | All kidding aside, the small dimples don't affect the way the plane flies, but you can use them as a bargaining point to bring down the price.
....but remember that point if/when it comes time for YOU to sell the plane. Then the roles will be reversed. | | | | Joined: Jan 2010 Posts: 2,316 Likes: 53 Member/1500+posts | Member/1500+posts Joined: Jan 2010 Posts: 2,316 Likes: 53 | I had a 150 that had hail damage on the wings. The dents were small but there were lots of them. You couldn't see them just walking by the plane but they were certainly visible when you got close to the plane. The plane flew well and I had no problems with it.
I would not shy away if the damage is not severe, but it does affect the value. I'd concentrate on the rest of the systems and the engine. I'd also check how much it has flown in the last few years and on what kind of overhaul was done to the engine (factory, field to new limits, field to serviceable limits, etc).
AOPA Vref values a plane like that (no damage, complete logs) at around $23,200, mainly because of the time since the overhaul. That added almost $5,000 to the value. The market has been fairly depressed so I'm sure you can shave some money off the final price.
Good luck!
Henry N2011X - 1965 C182H
| | | | Joined: Feb 2004 Posts: 5,975 Member/5000+posts! | Member/5000+posts! Joined: Feb 2004 Posts: 5,975 | ....also, should you ever repaint the plane, EVERY ding/dent will stick out like a sore thumb.... | | |
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