I'm looking to purchase my first plane, and I think I have found three that check all the boxes. However, all three of them have had low use over periods of their lives. This has been a consistent theme as I've been looking over the past three months. So I am trying to understand short-to-medium term options. O-320-E2G for now.
I've found factory replacements for $40k-75k which make even the cheap planes prohibitively expensive. Penn Yan quoted $37k for an overhaul.
One of the engines is at 1500 SMOH in 1981, and ran about 20 hours most years. It had new chrome cylinders in 2009, 180 hours ago, and compressions are all >75. How likely is it that these can be used, and if they can, is it possible to replace only a cam before the crank journals get scored? What other options are there?
My personal philosophy has been to stay away from low[frequency] use engines. Ditto for long sits. It's doable, but it's a pretty low % play imo. That said, after 3 airplanes, fate finally caught up to me in spite of my approach/philosophy to the engine question. Airplane #1 (O-200, yes, this man has in fact owned a conti
)was too short a stint to count, but technically it didn't set me back any. Airplane #2 (O-320-Dxx) was still going at 2200smoh when I sold it, but I flew like 230 hours in one year, so that thing was basically being flown like a flight school aircraft, which probably helped the high longevity. I'm sure that airplane eventually would have needed one, but I know back then (2012), overhaul prices (yes, inflation adjusted even) were not this ridiculous. They still largely penciled in, even for low hull value. Cheapest flying per capita I've done to date, no question.
Fast forward to airplane #3 (IO-360-C1C), the one that partially came from together inflight. Thrubolts (#3 jug) failed in flight (sept 2023) and I was compelled to sell due to the lopsided economics of hull value and [2023/4] engine repair costs. In my case indexed against an overhaul, not because it was a given it needed one, but because vendors were largely hostile/non-responsive to IRAN. Name brand shops are still too busy for small fry post covid, so they upgauge in order to prioritize high margin customers. Don't @ me about it,
I'm out of the certified game now/no dog in that fight anymore.
The quotes I got locally for the RR portion of the engine work were also closer to 40 hours of labor, plus 600 bucks in odd end supplies, so about 6K just for the unbolt/bolt jobs.
My point to you is that this is going to be a creeping reality for those who choose to dabble in the low end of the airplane price spectrum; the economics of inflation adjusted engine repair going forward largely do not pencil out for non-revenue down here, unless you're 200% sure it's going to be a forever airplane. I'm not being hyperbolic when I say I could turn around right now and buy an entire replacement airplane for less money than I would have been out putting the new engine on the old airframe and eventually selling at a loss anyways. Basically, you're buying engines anymore, the airframes are salvage. Imagine now putting 20K of avionics on a zero value airframe. Just something to think about. For me the answer was EJECTION HANDLE-PULL, but everybody will have their own calculus. Good luck to ya.