| | Joined: Apr 2016 Posts: 511 Member/500+posts | | Member/500+posts Joined: Apr 2016 Posts: 511 | Sorry for the delay, I've been out of town this weekend. Thanks for posting the details Henry, like Jim, I'm instinctively cautious about the extensive repairs. It sounds like anything that needed to get done was done, but something to keep in mind regardless. $85,000 is a good price for the plane with a brand new engine and the avionics package it has in it, but out of my budget for a 172  . I may go 182... the temptation is strong. Regardless, I'm looking at least a few months before I make any firm decisions . Best of luck to Jim on the sale... this is a very tough situation for him  .
Alex Montgomery | | | | | Joined: Jan 2010 Posts: 2,316 Likes: 53 Member/1500+posts | | Member/1500+posts Joined: Jan 2010 Posts: 2,316 Likes: 53 | I was looking around for an upgrade, and found that older Bonanzas also have pretty good performance for a decent price. I'm thinking about them if I upgrade my 172. A 1950's Bonanza, with 150kt speeds and retractable landing gear can be found for less than $30k. Maybe $40k nicely equipped. Not with a GTN750, but still a great performer and great cross country machine. It gives a 182 a good run for the money. The issue for me is that insurance is almost 3x the 172 insurance and annuals would run almost twice what they currently cost me.
Additionally, I would not want to tie down a nice retract. Too many birds around here that might want to build a nest in the wheel wells. That would add $300/month for a hangar around where I live. That would also be something I'd want if I had a bird like Jim's. Hail is a very real possibility in Central Texas.
I've seen Jim's plane, and would feel comfortable with it if I were in the market for a like new 172, However, at that price point, there are a few high performance options that would also be interesting. They would not be as nicely equipped, but they'd be much faster and have a much longer range than a 172.
Good luck with your search. Too bad you don't live nearby, or we could talk about some sort of arrangement with my current 172.
Henry
N2011X - 1965 C182H
| | | | | Joined: May 2014 Posts: 2,999 Member/2500+posts | | Member/2500+posts Joined: May 2014 Posts: 2,999 | Henry, Don't even....
Blue Skies,
Gene
N5977J
| | | | | Joined: Jan 2010 Posts: 2,316 Likes: 53 Member/1500+posts | | Member/1500+posts Joined: Jan 2010 Posts: 2,316 Likes: 53 | I forgot to mention, the Bonanzas I've seen have all been missing a door and have the wings in the wrong place, so that is another drawback to them.  I've flown Cessna's the large majority of my flying life. I really like having two doors and a high wing for better visibility. I'm liking the Cardinal I'm using to get my commercial certificate. A 182 would probably also be a good fit for the type of flying I do. See I need to take advantage of my circumstances. My wife has been telling me I need to get a nicer plane. I love to please her, so what am I to do? (My 172 is actually pretty nice, with 7 year old paint and interior, but has simple avionics and an older panel. It is actually good for my recreational flying. However, I enjoy daydreaming from time to time.)
Henry
N2011X - 1965 C182H
| | | | | Joined: Jul 2004 Posts: 21,835 Likes: 2299 Member/20,000 posts | | Member/20,000 posts Joined: Jul 2004 Posts: 21,835 Likes: 2299 | However, I enjoy daydreaming from time to time. Don't we all.......  Jim
Cessna 150/150, N2259M - Mighty Mouse
| | | | | Joined: May 2014 Posts: 2,999 Member/2500+posts | | Member/2500+posts Joined: May 2014 Posts: 2,999 | If anyone is seriously interested in purchasing this plane feel free to contact me.
Blue Skies,
Gene
N5977J
| | | | | Joined: Apr 2004 Posts: 175 Member/100+posts | | Member/100+posts Joined: Apr 2004 Posts: 175 | I was looking around for an upgrade, and found that older Bonanzas also have pretty good performance for a decent price. I'm thinking about them if I upgrade my 172. A 1950's Bonanza, with 150kt speeds and retractable landing gear can be found for less than $30k. Maybe $40k nicely equipped. Not with a GTN750, but still a great performer and great cross country machine. It gives a 182 a good run for the money. The issue for me is that insurance is almost 3x the 172 insurance and annuals would run almost twice what they currently cost me. Henry, I have been inquiring about the older Beech 35 series too. Called my current insurer and they quoted me about $1,800 for a $35K Beech 35 (although I got 42 hours in an A-35 years ago). My current C-150 is $800 (paying too much for that it's worth now). For a $35K Piper Warrior II, $984 and same for a C-172 at same value. So the Bo only would run me just over 2x. I asked my AI for annual inspection hours for them (just the inspections only): 25 hours for a C-172 or Warrior, 30 for an early Beech 35 series. | | | | | Joined: May 2014 Posts: 2,999 Member/2500+posts | | Member/2500+posts Joined: May 2014 Posts: 2,999 | Couple of Bonanza reflections. I did extensive research on Bonanzas and was planning on purchasing one. Very easy to get into a $10k annual with a retract an constant speed prop not to mention just being a Bonanza. I found out the magnesium control surfaces were $5k each and often needed to be reskinned and there are many extremely expensive pitfalls to older Bonanzas. Insurance for me was $2200 per year and a look at the in flight break up rate up rate and gear-ups got my attention. At a local FBO the 172 annual is $850 base cost and the Bonanza is $2050. That's before they begin finding things wrong. I did fly a Bonanza with the intent of purchasing, thank heaven an A&P confirmed my reservations for not purchasing. I love me some Delmar !! Yessir
Blue Skies,
Gene
N5977J
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