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#502438 04/08/16 07:48 PM
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Greetings all-

I'm having to sell the plane. I really loved it and it's hard to part with it. Info is on the flyer attached. Let me know if you have any questions.
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5870G.pdf (240.75 KB, 983 downloads)


1969 Cessna 150K
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She looks like a nice plane....she will sell a lot faster with a current annual. Good luck!


Bill Simons
N2527J 1963 Cessna 150D rental
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My plan was to include a fresh annual with the sale and the advice from the folks I trust here in town mentioned waiting and including it in the sale since it's only a month out of annual.

Do you feel differently?


1969 Cessna 150K
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I might suggest you add the location to your flyer. Not only the airport identifier, but also city/state.

Looks nice, shouldn't take long. Best of luck!


A man without a plane...
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It's spelled "SkyTec" and "McFarlane". grin

Last edited by Matt_Luce; 05/06/16 08:51 PM.

1967 Cessna 150G
Sky Dive Houston Airport (37XA)
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Originally Posted by Tyler_Scott
My plan was to include a fresh annual with the sale and the advice from the folks I trust here in town mentioned waiting and including it in the sale since it's only a month out of annual.

Do you feel differently?

Please see previous post...hey guys & gals....Last fall I found Tony's 1965E and fell in love with it...really wanted to buy it but wasn't current and wanted to save up cash for it. To see what he went thru selling his plane see this forum Buy & Sell, change at the bottom display options to active last 6 months, see page 3, "Decided to sell my Cessna 150E" by Tony. This was a beautiful plane with lots of options like heavy -duty nose-gear, long-range tanks, TTAF 2800, SMOH 750, IFR and it took from June to December to sell it and it had a fresh annual when he listed it.

To see a 150 that sold in 6 days go to page 2, "Juliet is for sale, priced to move quickly". "The other Matt" put $8,000 into it shortly for it sold. It's annual was 2 months before.

Both the 65E first above and the 67G were asking $15,000.

I think living in Kennesaw, GA is a great selling point to mention in your description because buyers shy away from 150s that have been flown next to the ocean because of corrosion problems. Also when people see the annual is not current, they immediately think why not and like me consider it a red flag. Advertise in as many places as possible. Barstormers,Aircraft Shopper Online, AeroTrader etc. The 1500 SMOH may hurt as well looking at the 65E with only 750...It makes me think ok at 50 hours a year, in 6 years I would be looking at a low ball major overhaul of $12,000 to $14,000.

Anyway, I hope this helps and good luck....boy I love these 150s!

Bill


Bill Simons
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Tyler, I've only purchased one airplane, so I'm not an expert. I learned something about what not to do by buying a boat I once fell in love with. I love the color of your plane! Nice looking C150K. When I was plane shopping 2 years ago, I wouldn't have considered it unless I saw tons more pictures. I did most of my airplane shopping from afar, and only looked at ads with loads of pics. Where is it advertised? I would try to be careful to include good pics that show details like the radio stack, the interior plastic, and any special feature that sets this plane apart from others for sale. I thought buying the airplane was a lot like shopping for real estate. You have to match the right buyer to the plane. Buying due to being infatuated with a plane can lead to an expensive mismatch of buyer and plane. Most people are (and should be) wary. I'd post this plane on sites like Controller and Barnstormers. Then I'd also post your flyer (with spelling corrections) at all the local airports with flight training, and easy practice destination airports that student pilots land at in the area. Also, make sure your asking price is within a couple thousand of the Vref price on the AOPA website (looks like you have about the right price to me, first glance). Just a couple of thoughts. Good luck! My next plane will be an Aerobat-- although I'm not ready to make the switch yet.

Last edited by Vortac180; 05/07/16 04:50 PM.
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Thanks Geoff,

Appreciate your info...see I learned something more about buying a 150.....like you falling in love with the boast, I fell in love with that 65E but the timing was off....you make some really good points. Unfortunately, for sellers, our economy is so bad it is definitely a buyers market. I agree Tyler's asking price is about right. Unfortunately, there are a good number of 150s in the 15-18K price range that look like....on the web anyway like a good deal....As far as buying goes in few months I will have saved enuff to get a 150 but what really scares me is hearing about guys in our club buying what looked like a beautiful 150 and paying $1000 for the first annual (which is fine) but then the second annual for $2000 and the third annual for almost $4000. Then you hear guys complaining worrying about ADSB costing a lot and I think if you can't afford ADSB for $4000-5000 how would you ever afford a low ball major overhaul for $12,000-14000? Also Tyler, did you do a title search on your 150 when you got it? I've heard some stories of members finding liens on their 150s after they bought them. One guy ran a title search on a 150 he was thinking about buying and found a lien on it and told the owner who was amazed that it had one on it thanked him for telling him. Also have (I think...I'm still new at this) all the 337s and ADs been complied with and is there documentation proving it so. A great selling point is to scan the latest annual and put it on the website....if well done it's a great selling point. I agree with Geoff, I would never consider a 150 unless there are a lot of pictures. About the same time member Tony was selling his 65E with a fresh annual there was what appeared to be a beautiful 65E listed on Aircraft Shoppers Online located on Long Island. This 65E like Tonys had real low airframe,SMOH numbers but it did not have a current annual. I was also concerned about corrosion problems being close to the ocean....another selling point making good on Tylers 150 in north central Georgia....anyway this 150 was on ASO forever and I don't think it ever sold.

Anyway good luck Tyler and thanks Geoff for the info.

Bill


Bill Simons
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Originally Posted by William_Simons


you falling in love with the boast,

I fell in love with that 65E




It was the wise ole Wayne Westerman that once said "don't ever fall in love with another mans airplane".....and that would apply to most anything in life but especially planes with boats probably running close in trail.

Love is blind and you need 20/20 vision when buying a plane so the emotional attraction to any plane is kept at bay......fight it off with a chair and whip much like you would a ferocious lion and keep a fair amount of safe distance between you and that plane.

The due diligence needs to be done with a clear head.....live by that, accept that and proceed accordingly.

When you accept the fact that the 150/152 fleet is aging with each passing year and that the average age of all GA planes as a group is also increasing, the level of due diligence becomes more and more important with the passage of time.

The aforementioned Mr. Westerman bought a 150 with the intentions of turning it into a 150/150 but as he got into it he found it was full of corrosion so he threw it away and started over.

Then that Jim Hillabrand guy turned around and did the same thing. blush

Jim's 152 had so much corrosion, it became known here in the club as "Queenie".......she was THEE corrosion queen of queens.


There are numerous other horror stories drifting throughout the ozone layer that's floating above our club. These just happen to be two of the clubs most stellar examples.



One last piece of wisdom: There are numerous good planes out there....good ones.

There is also a lot of junk.....lots of 'em.

You're going to kiss a lot of frogs before you find one that meets your needs and it takes determination and dedication to see it through.

Along with this is the expense associated with the search and due diligence.....this is where the determination and dedication comes in.

It costs money to either reject or accept any plane.....this cost is there regardless.

It's easy to pay out funds on a plane you end up buying.

Paying out funds only to reject it.....not so much.



Jim





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I am like Bill -- if an airplane is near the ocean, I pass.


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