| | Joined: Mar 2013 Posts: 2,370 Likes: 156 Member/1500+posts | | Member/1500+posts Joined: Mar 2013 Posts: 2,370 Likes: 156 | Well here's the deal, keeping In mind that I don't know exactly what the insurance company will do.
They may give us some amount of cash settlement if the airplane is not deemed a loss. That would be good.
They may total it based on damage to control surfaces and such. It is beat up pretty bad but I don't know what it would take to deem it not airworthy. I say it is flyable because I have been up twice with no issues whatsoever. But legally I don't know.
The thing is the plane has 14000 TTAF, 2300 SMOH, a beat up interior and now a dented up exterior. Logically/financially it would be best to sell it to the insurance company because we would never be able to sell it for the $20K we could get. However my heart says I should keep the plane and continue to enjoy it because it does fly and run well.
I am not certain I would look to buy it back from salvage auction. Maybe.
I dunno. I really don't want to buy another plane. Sigh.... I really appreciate the thoughts and feedback.
Eric
1968 150H C-FCUT
| | | | | Joined: Jul 2004 Posts: 21,756 Likes: 2265 Member/20,000 posts | | Member/20,000 posts Joined: Jul 2004 Posts: 21,756 Likes: 2265 | Best of luck, Eric. Where ever this path takes you, best of luck.....dang shame the old gal got the snot beat out of her.  Jim
Cessna 150/150, N2259M - Mighty Mouse
| | | | | Joined: Mar 2006 Posts: 222 Likes: 1 Member/100+posts | | Member/100+posts Joined: Mar 2006 Posts: 222 Likes: 1 | The ad says: For sale 28'500$$ negotiable. New paint(totally stripped) and new seats(?)february 2105!! Engine 300h since maj. overhaul, comes with 100h-inspection/annual insp. Elt, transponder, altimeter and pitot-static re-certified at date of sale. Limited warranty of 50hrs.
I hope this helps
Hans
Switzerland | | | | | Joined: Mar 2013 Posts: 2,370 Likes: 156 Member/1500+posts | | Member/1500+posts Joined: Mar 2013 Posts: 2,370 Likes: 156 | Thanks Hans! Google transolator says "Pickling complete"!! I guess that is the interpretation for completely stripped!
Last edited by Eric_Peterson; 07/11/15 11:26 PM.
1968 150H C-FCUT
| | | | | Joined: Sep 2007 Posts: 757 Member/750+posts | | Member/750+posts Joined: Sep 2007 Posts: 757 | Sorry Eric I am late to answer your question
The reference to a C172 is because the seller is seeking for a trade for a 172
It's only 45 minutes away, let me know if you want me to stop
Fred
Quebec City, Canada
C150L 150HP C-FRED
| | | | | Joined: Jun 2006 Posts: 1,024 Likes: 1 Member/1000+posts | | Member/1000+posts Joined: Jun 2006 Posts: 1,024 Likes: 1 | Eric
I know of a 150 for sale in the Prince Albert area. Good shape, was rebuilt by an acquaintance. A friend is looking at it also, but if he passes and you are interested, I will pass on the info. Kijiji is a good resource to try as well.
What does the damage look like on your bird? The negligible damage criteria is in the maintenance manual structures section. Depends how much you might want to "massage" things to keep your bird.
John
150-61401
C-FUUE
| | | | | Joined: Nov 2011 Posts: 186 Member/100+posts | | Member/100+posts Joined: Nov 2011 Posts: 186 | Eric,
I maybe upgrading and letting my 150 go, but it won't be until September or so. Currently have the wings and tail off for a strip and repaint. Less than 3000hrs, new Rourke custom dash, new c/b's and flush mounted GPS, 406 elt, Stc'd gauges. Recently flew it from New Brunswick to Winnipeg and back, great airplane. AME owned/maintained/flown.
I'd be looking at 19-20K range for price.
Last edited by Mark_Intyre; 07/15/15 02:01 PM.
In the words of a good friend of mine.. "Gravity works...I've tested it often"
| | | | | Joined: Mar 2013 Posts: 2,370 Likes: 156 Member/1500+posts | | Member/1500+posts Joined: Mar 2013 Posts: 2,370 Likes: 156 | That sounds good Mark. We are still waiting on what the insurance company is going to do. Pretty certain it will be a loss. Hoping that they will prolong things all summer since it still flys great!
Keep me posted.
Eric
1968 150H C-FCUT
| | | | | Joined: Mar 2013 Posts: 2,370 Likes: 156 Member/1500+posts | | Member/1500+posts Joined: Mar 2013 Posts: 2,370 Likes: 156 | Hi john. Thanks for the notice. Please let me know if it remains available.
I have tried all the usual search methods including kijiji, controller, barnstormers, trade-a-plane, Canadian plane trade, Lespac in Quebec. Am I missing any?
Thanks!
1968 150H C-FCUT
| | | | | Joined: Sep 2007 Posts: 59 Member | | Member Joined: Sep 2007 Posts: 59 | Eric,
I sent you a PM.
Regards | | |
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