| Joined: May 2014 Posts: 2,999 Member/2500+posts | Member/2500+posts Joined: May 2014 Posts: 2,999 | Sounds like a nice candidate for a project!
New panel... Refresh the engine...
Curious to see what it brings. This deal is a pig in a poke. I really like these planes but the premium price they command makes them impractical for my mission. From the price range I generally see one could get a decent 182 and have a few $$ left over.
Blue Skies, Gene N5977J
| | | | Joined: Jul 2004 Posts: 21,754 Likes: 2265 Member/20,000 posts | Member/20,000 posts Joined: Jul 2004 Posts: 21,754 Likes: 2265 | A prebuy is OK, bore light in cylinders is OK, but no starting the engine or turning the prop. Doesn't want a stuck valve If they're saying a bore-scope inspection is okay, the engine has to be rotated so each piston can be moved to the bottom of the stroke. This has to be done so the bore-scope camera can be positioned inside the cylinder properly to inspect the valves and cylinder walls. A stuck valve would be the least of anyone's worries. I know this is not your plane, Wayne and you're simply trying to help someone out which makes it tough on you to answer questions and defend their reasoning but the restrictions in place make no sense........that's not the way planes are typically bought and sold and most everybody knows that. Jim
Cessna 150/150, N2259M - Mighty Mouse
| | | | Joined: Dec 2003 Posts: 14,785 Likes: 545 Member/10,000+ posts! | Member/10,000+ posts! Joined: Dec 2003 Posts: 14,785 Likes: 545 | Has not been flown or started since 2008, according to log books...widow will not allow engine to be turned or started until new owner takes possession. That's a rather unusual stipulation. With an engine that hasn't been started in 8-9 years, and not allowed to turn it, a cautious buyer can only allow not much more than core value for the engine. I think the stipulation is due to the situation - I suspect an estate attorney has advised her to sell the plane "as is - where is" to minimize liability. When my father passed our attorney said not to drive any of his cars. If there was an accident the estate could be sued. If someone "inspected" the engine (started, turned prop, etc.), and someone else bought it and the engine failed, they could sue saying that if it hadn't been "improperly inspected" it would've been fine. They might argue that turning the prop without running just wiped the oil off the cylinders, or that a ground-run without flying doesn't warm up the engine enough to remove the acids and water-vapor by-products of combustion Also, right now the engine's condition is big unknown. Turning the prop, or starting it, would answer that question. And it likely won't be a good answer. By leaving it alone, the smart money will bid accordingly, but there'll be some people bidding higher, willing to take a chance. I hate to say it, but "hands off" is probably the best option for this widow - the most return for the least effort and expense.
-Kirk Wennerstrom President, Cessna 150-152 Fly-In Foundation 1976 Cessna Cardinal RG N7556V Hangar D1, Bridgeport, CT KBDR
| | | | Joined: May 2010 Posts: 85 Likes: 1 Member | Member Joined: May 2010 Posts: 85 Likes: 1 | Yes. Think of the sale like an auction. The aircraft is moving across the block, and bidding can take place by contacting the seller rep, and offering a bid. But it is more like a "slow motion" auction. Any cylinder inspection takes place with pistons in current location. No moving the prop to inspect added length of cylinders. Yes, this may lead to the most return for the least effort, expense and liability. Personally, I think someone will get a good deal. I can try to meet the seller rep at the airport, take pictures, and post them. Thanks, Wayne | | | | Joined: Jan 2007 Posts: 3,640 Likes: 49 Member/2500+posts | Member/2500+posts Joined: Jan 2007 Posts: 3,640 Likes: 49 | Wayne, It might be a fantastic deal and it might also be a gigantic money pit. Without getting to run the motor or do a proper borescope thats a HUGE gamble. Probably too big for most folks comfort level. My guess on this is an engine like that probably costs around 30K to overhaul...maybe a bit less. The airframe is probably not worth more than 8-10K without a motor. That would be my bid. Hows that sound??
Jim
Delta Pilot Ghetto KFFC Falcon Field N378T
| | | | Joined: Jan 2015 Posts: 5,096 Likes: 21 Member/5000+posts! | Member/5000+posts! Joined: Jan 2015 Posts: 5,096 Likes: 21 | I would only consider buying it assuming the engine is a core for sending to Continental too exchange.
150M C-FJBN
| | | | Joined: Sep 2006 Posts: 8,775 Likes: 300 Member/7500+posts | Member/7500+posts Joined: Sep 2006 Posts: 8,775 Likes: 300 | Hi Wayne.
I prefer keeping the C-150 we have so am not interested at all, but I just wanted to say you are a good person for helping this poor widow out in trying to sell something her deceased husband loved but she probably just doesn't understand. It looks to me like this would be a good purchase for an A&P/IA that could afford to risk a little since he/she could fix any problems themselves. Probably not such a good deal for a typical owner/pilot like most of us. Thank you for helping this poor woman out in her time of need. | | | | Joined: Jul 2004 Posts: 21,754 Likes: 2265 Member/20,000 posts | Member/20,000 posts Joined: Jul 2004 Posts: 21,754 Likes: 2265 |
I just wanted to say you are a good person for helping this poor widow out in trying to sell something her deceased husband loved but she probably just doesn't understand.
Thank you for helping this poor woman out in her time of need.
Well put, Stacey......I regret not including something like this in my post as Wayne deserves a humongous thumbs up for attempting to help out like this. Jim
Cessna 150/150, N2259M - Mighty Mouse
| | | | Joined: May 2010 Posts: 85 Likes: 1 Member | Member Joined: May 2010 Posts: 85 Likes: 1 | Thanks for your kind words. However, just to be clear, I am not the seller representative. A good friend in our EAA chapter is the seller representative. His name is Jerry. When I learned about the situation, I visited with Jerry, and wanted to help bring an increased awareness of the "opportunity", hopefully helping out both him and the widow. Rule of thumb would say that a broader awareness has the potential to result in a more competitive sale price, which would be good for the widow. Personally, I would bring the 172 into annual, and then sell. But there are other people involved that have much more to say about the situation than myself, and funds are not available. I'm only the messenger. If anyone is interested in more information, or bidding, PM me and I will provide information to contact Jerry, the seller representative. And the 172 is really nice - just don't know about the inside of the engine... Thanks, Wayne | | | | Joined: Jan 2010 Posts: 2,316 Likes: 53 Member/1500+posts | Member/1500+posts Joined: Jan 2010 Posts: 2,316 Likes: 53 | You might want to join the Cessna172Club.com forums and post this plane over there. There are a few people that love XP's that hang out over there. Membership is free.
Henry N2011X - 1965 C182H
| | |
| |