Tony_Scarpelli
Pattern Altitude
- Joined
- Feb 4, 2010
- Messages
- 1,645
- Location
- Wichita, Kansas
- Display Name
Display name:
Tony_Scarpelli
How do you make a small fortune in aviation? You start with a big fortune.
I was out at my old field today and the guy who bought my airplane is having hard times. The airplane now has a storage lean on it. They started to rebuild the engines last February and he has half the engine and the airport that evicted him has the other half. The plane is on tie down with the windows out of it (they were in the middle of a complete refurbishment) but it is in the wx and plastic falling off. No one cares.
The guy will never get the plane back because of the $10k lean, the airport probably cannot sell the airframe for that without engine, prop and the panel was completely removed and tossed out.
So now this plane will cost someone $10k engine, $2k prop, $10k panel plus whatever you can negotiate to the airport and avgas provider to lift their leans.
In the mean time it is in the weather going into winter.
I sold the man a perfectly good working Cherokee $14,500 airworthy in every way, good paint, new interior, compressions high 70's, all accessories rebuilt or IRaned within 200 hrs. I warned him not to rebuild the perfectly running 2800 hr tbo engine but his 70 year old IA who lost his shop due to a reputation for being expensive (set in his ways), convinced him otherwise. Now the plane is in parts and useless to anyone. The IA claims that even if we had all the parts it requires $10k more parts purchased (bearings, rods and such) to put it back together.
Tomorrow I will go out and tape up all the windows maybe get some tarp to throw over the plane. I feel as if I left an old friend on the battle field to die.
I tried to get the guy to release the ownership, logs, engine parts and instruments to me in exchange for my getting the airport and gas leans removed and not come after him but he is not interested. He blames everyone for his failure.
I know if I put it back together I would have more in it than I could buy a Cherokee already setup with IFR GPS and low time engine but I hate to see this happen to my first airplane.
I was out at my old field today and the guy who bought my airplane is having hard times. The airplane now has a storage lean on it. They started to rebuild the engines last February and he has half the engine and the airport that evicted him has the other half. The plane is on tie down with the windows out of it (they were in the middle of a complete refurbishment) but it is in the wx and plastic falling off. No one cares.
The guy will never get the plane back because of the $10k lean, the airport probably cannot sell the airframe for that without engine, prop and the panel was completely removed and tossed out.
So now this plane will cost someone $10k engine, $2k prop, $10k panel plus whatever you can negotiate to the airport and avgas provider to lift their leans.
In the mean time it is in the weather going into winter.
I sold the man a perfectly good working Cherokee $14,500 airworthy in every way, good paint, new interior, compressions high 70's, all accessories rebuilt or IRaned within 200 hrs. I warned him not to rebuild the perfectly running 2800 hr tbo engine but his 70 year old IA who lost his shop due to a reputation for being expensive (set in his ways), convinced him otherwise. Now the plane is in parts and useless to anyone. The IA claims that even if we had all the parts it requires $10k more parts purchased (bearings, rods and such) to put it back together.
Tomorrow I will go out and tape up all the windows maybe get some tarp to throw over the plane. I feel as if I left an old friend on the battle field to die.
I tried to get the guy to release the ownership, logs, engine parts and instruments to me in exchange for my getting the airport and gas leans removed and not come after him but he is not interested. He blames everyone for his failure.
I know if I put it back together I would have more in it than I could buy a Cherokee already setup with IFR GPS and low time engine but I hate to see this happen to my first airplane.