kaiser
Pattern Altitude
- Joined
- Mar 6, 2019
- Messages
- 2,384
- Location
- Chicagoland
- Display Name
Display name:
The pilot formerly known as Cool Beard Guy
From the other thread (thanks @ArrowFlyer86)
When I wrote this post there was an airplane I've been eyeing as something I would buy. It's been posted for sale for the better part of 2024 and per logs has gotten about 10hrs/year since 2020, and probably 50-70hrs/year before that. In a potential purchase scenario, what do you all look at as far as sufficient utilization? I assume the first things to rot are hoses and tanks (this one has bladders IIRC). Then to my question above - do you toss out a low ball scenario? You are taking on added financial risk after all. Or do you walk away?
For the sake of argument, let's say it's late 70s vintage, 7000TT, 500 SMOH (in 2014).
Bonus question: Does this equation change if you regularly borrow/rent it and are familiar with it? There is another craft which I've now started flying which was also "barely" flying before I came along (oil changes @ annual). Does knowing/flying the aircraft change the equation in the purchase scenario? For the sake of this argument, let's say engines are TBO'd and the whole airplane could use some investment.
Maybe worthy of its own thread... would you lowball an offer to a plane that seems to have good logs but has been sitting (10hrs/yr) for 2.5 years?
When I wrote this post there was an airplane I've been eyeing as something I would buy. It's been posted for sale for the better part of 2024 and per logs has gotten about 10hrs/year since 2020, and probably 50-70hrs/year before that. In a potential purchase scenario, what do you all look at as far as sufficient utilization? I assume the first things to rot are hoses and tanks (this one has bladders IIRC). Then to my question above - do you toss out a low ball scenario? You are taking on added financial risk after all. Or do you walk away?
For the sake of argument, let's say it's late 70s vintage, 7000TT, 500 SMOH (in 2014).
Bonus question: Does this equation change if you regularly borrow/rent it and are familiar with it? There is another craft which I've now started flying which was also "barely" flying before I came along (oil changes @ annual). Does knowing/flying the aircraft change the equation in the purchase scenario? For the sake of this argument, let's say engines are TBO'd and the whole airplane could use some investment.