idahoflier
Pattern Altitude
- Joined
- Jul 21, 2017
- Messages
- 1,680
- Display Name
Display name:
idahoflier
Hello!
Trying to decide if it’s worth upgrading my panel. Details:
C172N
6,000 TT
AirPlains O-360 conversion and GW STC’s
< 300 SMOH by PennYan in late 2019
State of the art 1993 panel consisting of two KX155 NAV/COM’s, KN64 DME, KR87 ADF,KI208 VOR Indicator, KI209 LOC/GLS Indicator, King KI225/7 ADF indicator.
Stratus ESG Transponder
Paint/Interior – Average
The stack sort of works. One KX155 display is shot and the last time I shot an ILS (VFR) I figured I would have made the approach if I averaged the LOC deflections (it wasn't my flying)… In other words, no way I would fly it IFR as-is, assuming it would pass a pitot/static check!
I have owned the aircraft 7 years and have ~ $85K all in including acquisition, transponder and overhaul.
Looking at the current TAP it looks to me like the aircraft is worth $130K. Back when I could run vref reports through AOPA it appraised ~ $145K.
I’m considering joining the 21st century and installing two Garmin GI275’s and a GTN650xi. Still waiting for quotes but guessing they will come in ~ $30K.
I really have no intention of flying IFR, but it’s clear to me that I need to do something with the avionics and it seems that most potential buyers are attracted to a reasonably capable IFR aircraft, so it would make sense to at least outfit the panel as a solid IFR start and let someone else easily finish it out with a second NAV/COM and/or autopilot if they want.
I think the aircraft equipped with the above upgrade would be worth ~ $150K or more, but even if I could only get $130K for it I would still be ~ $10K ahead so I’m not seeing any downside to the upgrade.
Anyone see any flaws with my logic? Thoughts? Opinions?
Trying to decide if it’s worth upgrading my panel. Details:
C172N
6,000 TT
AirPlains O-360 conversion and GW STC’s
< 300 SMOH by PennYan in late 2019
State of the art 1993 panel consisting of two KX155 NAV/COM’s, KN64 DME, KR87 ADF,KI208 VOR Indicator, KI209 LOC/GLS Indicator, King KI225/7 ADF indicator.
Stratus ESG Transponder
Paint/Interior – Average
The stack sort of works. One KX155 display is shot and the last time I shot an ILS (VFR) I figured I would have made the approach if I averaged the LOC deflections (it wasn't my flying)… In other words, no way I would fly it IFR as-is, assuming it would pass a pitot/static check!
I have owned the aircraft 7 years and have ~ $85K all in including acquisition, transponder and overhaul.
Looking at the current TAP it looks to me like the aircraft is worth $130K. Back when I could run vref reports through AOPA it appraised ~ $145K.
I’m considering joining the 21st century and installing two Garmin GI275’s and a GTN650xi. Still waiting for quotes but guessing they will come in ~ $30K.
I really have no intention of flying IFR, but it’s clear to me that I need to do something with the avionics and it seems that most potential buyers are attracted to a reasonably capable IFR aircraft, so it would make sense to at least outfit the panel as a solid IFR start and let someone else easily finish it out with a second NAV/COM and/or autopilot if they want.
I think the aircraft equipped with the above upgrade would be worth ~ $150K or more, but even if I could only get $130K for it I would still be ~ $10K ahead so I’m not seeing any downside to the upgrade.
Anyone see any flaws with my logic? Thoughts? Opinions?