Corrosion always looks ugly but is not necessarily a major detriment.
Well in the tail end of this long drawn out deal more drama and I've had enough so this deal is DEAD. What happened is that once it came time for the seller to have the 2 cylinders pulled to have my A&P inspect (as agreed) he changed direction and started indicating that he would not necessarily agree to fix any problems found that below and that SOME rust in the cam/etc is acceptable. That was it for me so deal is officially dead and there's no going back for me.
It should not be this darn hard to get a deal done and in the end I took some of the comments about paying $140K for a 1979 Dakota and although it had all the goodies I would want I came to the realization that if/when the time came for me to sell it down the road I would have a hard time selling it and not taking a big hit as well.
I've also come to the conclusion that my wife & I will simply be more comfortable w/ a newer airplane and buying an older one and restoring/upgrading will always be a big risk when it comes time to sell it SO back to the drawing board with all this and currently thinking through what plane will meet our mission and desires and here's what I've considered (to keep an open mind)...
Cirrus SR20 - Meets our desire for a newer plane and certainly more comfortable BUT can't carry more than 2/3 adults and climb is an issue as well as very expensive to maintain
Cirrus SR22- Same as above plus EVEN more expensive AND too advanced a plane for me
Diamond DA40 - I rent this plane and love the visibility and comfort in the front seats. It's newer and I can get good avionics w/ them. It's a very "safe" airplane BUT payload is just not there for x-country flights AND it's quite bumpy in turbulence.
Piper Dakota - Last ones made in 94 so some upgrading would have to be done & I see now how much of that money does not get captured back at time of sale.
Cherokee 6 - GREAT comfort but similar issues as Dakota in terms of finding an older one and updating it as we would want
Commander - Very tempting but still some of the issues as above and higher ownership expenses for us due to retract
Newer (2000+) Archer III - GREAT but useful load & climb will be the problem
Finally - A year 2000+ Cessna 182. It has useful load like the Dakota and can find some w/ newer avionics (not G1000 or Aspens, etc... but close) plus comfort will probably be a tad better than Pipers due to the 2 doors and ease of loading vs. going up on the wing
So that's where I'm at now.
Any particular reason you're not considering a Bonanza?
I do like bonanaza BUT I only have 175 hours TT so a bit of a jump for me to go from flying 172s and archers to one plus insurance is quite a jump too. My thinking now is to finish my ifr and build time and experience in a good x-country platform and that will reasonably hold its value and them maybe move up to a boanazaa, sr22 or something similar.
Yep, no rust on the cam is acceptable, once it happens, the life span is short. Oh well, move on. Personally I would reconsider a S-35 Bonanza, much easier to fly than a Cherokee anyway. The Cirrus is hard to beat, just understand that the learning curve to the technology is steep and you're going to have to spend a couple hundred hours studying it and probably just as many flying it before you really know it. Make sure the SR-20 meets your load requirements, personally I'd go with a 22 If I was getting one. There has been one constant friend I have had through life that has bailed me out of a lot of tight spots, and that friend is Excess Horsepower. Horsepower=Energy=Options. The 550 is no more expensive to maintain than the Cont 360 and probably will be down less as well.
If a 182 is in your sights, take a look at a Katmai conversion, I think I could pretty much survive landing it anywhere, that's how slow and short you can get it. I tried to stall it by pulling full aft in a steep turn and couldn't. The Canard solves every issue I ever had with a 182 and turns it from a nose heavy work truck to a perfectly balanced unbelievable performing aircraft. Outside of the Bull Thrush with 1430hp, it's the most impressive plane I've flown.
As someone that has taught numerous people how to fly Bonanzas and such aircraft that had similar total time I think this is a much smaller issue than you imagine. They're not nearly as hard to fly as the old guys that fly them like to convince people. It wouldn't take very long at all to get you up to speed in one.
As someone that has taught numerous people how to fly Bonanzas and such aircraft that had similar total time I think this is a much smaller issue than you imagine. They're not nearly as hard to fly as the old guys that fly them like to convince people. It wouldn't take very long at all to get you up to speed in one.
jesse rode with me in my "new to me Bonanza" across the country when I had similar hours as yourself.
A Bo is the easiest plane to land that I've ever logged PIC time in and they handle well in the air too.
What model Bonanza? Again my main concern w/ a Bonanza is the insurance & maintenance costs. The quotes I'm getting for retractable/high performance airplanes are in the $3500/yr range and my local A&P has told me that retractable airplanes are just a lot more expensive to maintain even due to the extra work involved w/ inspecting and keeping retracts up to speed. Plus I saw the fuel burn in one of the Bonanza's I peeked at and it was way up there so I figured all those things combined means it's too expensive for me.
I have a fair amount of time in J model Mooneys and enjoy them. But if I had a Bonanza and a Mooney to fly the Mooney would never go anywhere. It does nothing better than a Bonanza IMO and isn't nearly as fun or as comfortable to fly. Yes you can, on paper, claim they are more efficient but in the real world it's not something that is significant.
I do like bonanaza BUT I only have 175 hours TT so a bit of a jump for me to go from flying 172s and archers to one plus insurance is quite a jump too. My thinking now is to finish my ifr and build time and experience in a good x-country platform and that will reasonably hold its value and them maybe move up to a boanazaa, sr22 or something similar.
Meh, I bought what is basically a twin engined Bonanza (a Travelair) when I had 60hrs. There is no such thing as a plane holding value anymore. Everytime you swap planes is basically a minimum of a $10k loss by the time the deal is done. You may however find an exception to this with the Cirrus brand IF and only if you are buying new, and trading back an SR-20 for an SR-22, as I understand it from secondhand info, there are excellent trade up 'deals' to be had. But you have to be playing with over half million dollar planes to get those deals. Remember, there's significant cost factors to just buying a plane as you're experiencing. Trading up encounters all of them again, plus you lose any residual value of long term maintenance items that you did that only need doing once in a lifetime.
That is one factor with newer airplanes, they are more likely to get an AD hit them that you must comply with regardless the cost.
...never been inside a bonanza. Closest thing is I sat inside a baron e55 briefly...
Pretty much exactly the same thing so you have an idea.
What I meant about not loosing too much on our purchase is that I'm now thinking long and hard about sinking a TON of money in painting/interiors/avionics into a plane and expect I'm going to get a lot of that back SO I'm trying to find a plane that doesn't need as much upgrading. I've decided against the Cirrus. Can't afford the SR22 and the SR20's useful load doesn't meet what we are looking for. So realistically it's a 182/Dakota/Bonanza
I'm considering a 182 right now BUT having a hard time letting go of the coolness factor of low wings.
Ah, the endless low vs high wing debate.
If passenger convenience were the only thing that counted, the high wing would win every time. Doors on both sides, without climbing over stuff.
If ramp appeal is the only thing, then low wing.
...If ramp appeal is the only thing, then low wing.
Not really because you're always having to walk all the way around the darn things and there's no shade anywhere in sight.