Grum.Man
En-Route
Great advice, folks!
To answer few questions; I’m in CA and 150 at Dallas area. After putting 76hrs so far, I’m sure 150 (High-wing) fits my mission. I hope to bush-fly one day. The seller is currently flying plane. I tinker with bikes, music instruments, RC planes and guns for fun (does that qualify me to do inspection?)
How much does a 150 engine overhaul cost? An annual? (it’s due this month)
A field overhaul will be in the 12-15k range. I got a quote recently from an engine shop in Ohio for 16.5k for a overhauled engine with new cylinders, overhauled mags, new plugs and wires, overhauled carb, and a 2 year warranty and a prorated TBO warranty. Figure another 1-2k for an A&P to remove your old engine and install the new one. Maybe another 1-2k depending on the shape of your baffling, oil pressure line, control cables, fuel line, etc.
Too hard to speculate on annuals. I would say an honest no squak annual will run 1.2-1.5k. Some mechanics will let you assist to cut that down a bit. Some places may be a lot more.