Club Homepage Forums Classified Ads Buy & Sell - Everything But Airplanes C-152 Basket Case

Ok, gang,
These guys that have a restoration club at my little airport have a 152 in pieces they had planned on hotrodding with a O-320 until they found out how much the STC would cost them...They still haven't decided what to do with it, but the airport manager is no doubt going to make them sh*t or get off the pot, because the hanger lease states one must have a licensed A/C stored in the hanger, or at the very least an active project. What would a sans-engine '79 C-152 be worth? it seems to be in fairly good shape other than it's sans engine and wings at the moment. I had entertained the idea of buying it, and having the group put it back together with either a O-235 Sparrowhawk, or a O-290 for a powerplant. And a taildragger conversion as well (88C is the taildragger Capital of the World) Any thoughts besides I'm insane, I know that already!

Just because it's apart doesn't mean it's necessarily "unlicensed" as far as I know. Is it currently registered?

I worked for an airport and sometimes they think they can make up any rule they feel like. As long as you are paying the rent and are telling them that it is being worked on, I don't think they can do much.

Have they been contacted about it?

We have a 0-290 with about 20 hours on it from a donated aircraft. We found the 0-290 is a very expensive engine to work on as Lycoming doesn't seem to want to make it cost effective to work on, such as a $500 set of rings.

This engine most likely had a prop strike, so tearing it down is not a cost effective option and even the airboat folks are not interested. So a few thoughts on the 0-290.

As far as the restoration, any time we can recover/restore one of the 150/152s it is a good thing. Just about the money and time. Do you ahve the aircraft logbook?

A great way to learn about the plane from the inside out, and this forum will be a great source of support and information.

Good luck.

John

The airport manager, a personal friend, has told me they do not have this A/C registered. This is a violation of the hanger lease with the township. In fact, the lease ($200.00 per year) is very specific on what you may store in the hanger. You may not store ground vehicles i.e. cars and trucks. Tractors (unless you use them as tugs)or other non-aviation related equipment. This airport has been here since 1947, and the leases are very specific, and for the money, you would be an idiot to bitch! That being said, this is a side issue not really what I asked, I only mentioned it because the owners should be motivated once the township starts enforcing the terms of the leases.

I really need to get some kind of ballpark idea what a '78 C-152, sans engine, would be worth in US $$$$???? I can't make a good case to my potential partner, nor an intelligent decision myself until this question is answered.

I do not know what paperwork the group has with the A/C, since they were planning on slamming their O-320 in it, I assume they have something, but our talks haven't got that far yet, I am trying to get my ducks in a row first. Given the current economy, and market, I assume they won't have potential buyers pounding on the shop doors.

If nobody here can answer this question, maybe one could point me in the right direction.

There are also some personality issues around this, the members of the restoration group are not happy with the airport manager (and vice-verse) and some of them are unhappy with me being assigned the AOPA ASN Rep there, because I happen to be a longtime friend of the airport manager, a guy that will not be bribed, intimidated nor told what to do!, and they believe I am his "spy". It's all very childish and idiotic, and there is a political component as well. So, I have been working on convincing the warring factions my only mission is to represent the AOPA ( a true statement) in protecting the airport from outside forces that seem to covet the property.

I may be peeing in the wind here, but if we can get the thing at the right price, get the group to do the necessary work on it to get it flying, it would be a dream come true. It has been a minefield so far tho. If it wouldn't be so handy, at my airport, I would have dropped it, but...a bird in the hand....
Fraternally;
KN

I can't give you an exact answer, but I can tell you how I would figure it out.

First, decide which engine you are going to put in the plane (new or used) and find out what that will cost.

Go look on eBay and Barnstormers for C-152s with the same condition engine you are looking at putting on the plane. Try to find ones with similar avionics, if possible.

Subtract the average asking price from the cost of the engine, and you should be somewhere in the ballpark of the plane's current value. Subtract the price of labor and other parts you may need (alternator, fairings, etc.) if you want to.

I think you will find that the answer to you're question is "Not Much." It is my opinion that 75% of the value of these planes is tied up in the engine. You may end up finding that it is cheaper to just go out an buy a flying 152 with a mid-time engine than to try and put an engine on this one.

I'm sure some of our more knowledgeable members will chime in shortly and prove I have no idea what I am talking about!

So all that is there is the fuselage, No wings included?

Is all the interior there, Instruments and avionics too?

Do you have a serial number and someone could look up the history on this aircraft?

My personal opinion (worth exactly what you are paying for it ) is that a complete 152 all together, sitting on the ramp just missing the engine is worth $8 to $10 Thousand.
loose the wings and your down below $5 Thousand.
No wings, instruments and radios and it is just a pile of aluminum and would have to be a labor of love to put it back in the air.

Again, just my opinion.

$2,155.37.

Hmm... I figure $2,200,37.

Might need a new black knob.



Push it ALL the way!

Add another hundred bucks if it has wig-wag landing lights.

Strike that, it doesn't have wings.