Club Homepage Forums Classified Ads Buy & Sell - Airplanes Only Help: Buying the 152 I Trained In...

Another idea is to ask for "right of first refusal" - when a salvage company or another buyer says they'll pay "X" for the plane, offer to pay that amount, or a bit more.

Let the salvage company / other buyer educate him on the true value of the plane.

Ricky Ricardo works for the salvage company and he's going to splain something to him......



Jim

That flight following may have been from when I delivered Delmar to you.

It was my friend... The one and only. LOL

I'm with you on that!



I definitely thought about this, I can only imagine they will "offer" more if I go down that route. Haha.


As a side note, anyone know a good A&P and/or experienced forum member in the Louisville, KY area?

An aside, the airplane that I took my first flight in made its last landing at the White House. N1405Q is the first entry in my log book - it is the only time that I flew her.

Dave,

That's pretty cool!

My first airplane was a very new152-II. Only 4 years later a club pilot landed early due to a burning smell, shut it down and went to find a mechanic. When he returned to the 152 it was engulfed in flames. I never found out any other details.

I flew 3 airplanes during training, but the one that really stuck out to me, the one I took my checkride in was a 1977 Cessna 182Q. I loved that airplane, it had everything I would ever want in an aircraft:

- Garmin 530 WAAS
- Bendix-King HSI, slaved to GPS and Autopilot
- Century2000 Autopilot with Nav-hold
- JPI 450 Fuel Flow
- Electrical CHT/EGT engine monitor on all cylinders
- Harness seatbelts
- Sheepskin seat covers
- Engine pre-heater (used to live in Alaska)
- Garmin GTX 327 transponder with ADS-B

I flew her a little after I got my certificate, then a few months later during its annual, the mechanic said the engine was done for. The owners didn't want to get a new engine for her, so she's been sitting in a hangar for 7.5 months.

It's kind of my dream to buy her, just can't afford it right now... maybe in a year or two, if she's even around, I'll buy her, put a new engine in her, and fly the hell out of her

Good luck Alex. Save up your pennies!

One thing which seems to be missing from this discussion is any mention of how much you have to spend, what you will do with it between purchase and ready to fly, and how long you are willing to wait between those two events.

If you have patience and a place to store it, you can save a lot of money. If you have a lot of money, you can get it back in the air rapidly.

I'm with the suggestion to go for first refusal, but make it "their bid plus $100" -- that's a big enough jump to entice him to say yes.

But INSPECT BEFORE YOU MAKE THE OFFER. It's been sitting a LONG time.

If you have the money to play with, you might get two of them, using one as a donor if necessary. For that matter, if they're in decent shape, if I had the money I'd be tempted to buy the entire fleet, then sell them off as projects.

This, of course, assumes that there is no corrosion worth worrying about.