About the same as a 172 or Cherokee.
They look nice and I have found a few for around $15k. It doesn't have to be pretty just safe and airworthy.Agree. With an O-235, costs are probably on par with a Cessna 152.
Insurance might be a bit more than a 152, given its sporty reputation, but shouldn't be a deal breaker.
My AA1B was equipped with an O-320, and I gave it a hull value of $25k.
I paid $550/yr for insurance.
Annual inspection ran about $500, owner assisted.
Misc maintenance and repair was maybe $1000 per year, give or take, depending.
Fun time-builder!
It would be used for time building. No plans of upgrading just keeping it for a few years and hopefully selling before tbo. I figure if I can get at least 150 hours out of it I break even on rental cost. That doesn't include the fixed cost but its mine when I want to flyAA1s are GREAT airplanes, very simple, lots more plane compared to a Cessna 152/172, very good trainer if you're going to be stepping into a high performance high speed airplane.
They look nice and I have found a few for around $15k. It doesn't have to be pretty just safe and airworthy.
The one I was looking at had 1509 smoh. What I saw was a 2400tbo. Please correct me if that tbo is wrongWith the 15k ones, you have to look at the engine time. The problem is that if you have to overhaul, you are going to have more into the plane than the market will bear when you want to sell. A friend of mine has one that he is asking 14.5, but the engine is up there. Never been overhauled TR2 with original paint. If you overhaul, you get into a 'while we are here' problem. Might as well upgrade to 320 cylinders...... soon you have the nicest AA1B out there but nobody willing to pay for it.
The one I was looking at had 1509 smoh. What I saw was a 2400tbo. Please correct me if that tbo is wrong
If the plane doesn't have an oil cooler I would expect to do a top overhaul sooner than later. If your cylinders are salvageable I would plan about 3-4000 for a top with chrome cylinders.The one I was looking at had 1509 smoh. What I saw was a 2400tbo. Please correct me if that tbo is wrong
If the plane doesn't have an oil cooler I would expect to do a top overhaul sooner than later. If your cylinders are salvageable I would plan about 3-4000 for a top with chrome cylinders.
A few years ago I found a AA1A with 600SMOH for 16ish, the guy was using a broker and asking WAAY too much, so I hit him super low, cash deal and came out around 16k.
That sounds like a great deal. How did it hold up?
Hogwash.
The one I flew in and got for my buddy didn't have one, just watch the oil temp, no biggie.
If the person isn't managing his engine and paying attention he'll probably mess the engine up with or without a cooler
It is a biggie which is why almost all of them have been upgraded. To keep the oil temp in the summer down to where it is with the cooler would mean running around at 40%. The oil temp only tells you the temp at one location, it can be much hotter in others. Yes mismanaged engines will cook even with all the coolers in the world but it's a proven fact that the Yankee runs too hot.
It is a biggie which is why almost all of them have been upgraded. To keep the oil temp in the summer down to where it is with the cooler would mean running around at 40%. The oil temp only tells you the temp at one location, it can be much hotter in others. Yes mismanaged engines will cook even with all the coolers in the world but it's a proven fact that the Yankee runs too hot.
No doubt! I'm not sure if a cooler was ever put in the Grumman I knew, haven't been out that way in a while, if it was mine I would have added one as I don't recall it being that expensive of a project.
Still, saying to price a plane like it needs a top overhaul if it doesn't have one is silly, I mean I guess if you have to make a buy or don't buy decision on the spot and with no prebuy, but for a informed purchase it's silly.
If you want a quickie way of telling the condition of the plane, take her up with the old owner, see how she performs against the book numbers, better yet see how the owner handles the aircraft, that'll tell you heaps more then making some wild guess based on equipment installed.
The AA1A never had a jug needing replacement in the years I flew it, of course I didn't try to VY climb it into the FLs, nor did any of the students I instructed in it.
As for pricing, the oil cooler doesn't change my offer, price it like you want to flip it and make the most money you can, why would you do anything other then that? Let them say the first number, hit them low, peel them off the ceiling, pat them on the head and compliment them on their plane, now make your first more realistic offer. Standard sales.
I disagree, a few were used as trainers. Most were bought as first airplane purchases and were used for local flying and some shorter cross countrys.After all, they are trainers and spend a lot of time doing pattern work which is very tough on an engine.