Thoughts! $390k 74 206?!?!?

The remarks section explains it. Lots of cash pumped into the panel, paint and interior. Looks nice but at that price a T206H can be had with the lycoming and g1000. I guess it may be worth it for some of us but I'll get out of the way and let the experts sound off.
 
Ive flown up to auburn to look at a few planes that particular broker has advertised, and each time I felt they were priced well above market rate and had lots of issues not listed or photographed. 47 years old with no log books for 35 of those years I’d want a VERY thorough prebuy/annual from someone who knows 206’s well. That is a beautiful looking plane but 390 is a lot of cash.
 
I see in trade a plane there is a 69 version right next to it for $200k less with about the same engine time. You could upgrade that to G3 glass, GTX 345, GTN 650, G5, autopilot, etc. and still have around $125-$150 left.
 
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No logs for 30+ years. Pass. There was a '68 Cherokee Six with a bad spar, buried deep in it's history (1972) it smacked a car with its wingtip during landing roll as the car was being used to light an unlit runway. You have no idea what things are buried that you wouldn't find from a pre-buy. The price does not reflect the missing logs.
 
I love the guys videos and have even inquired about some 205s he's had for sale but the price...

Buy a g1000 non-waas for that price.
 
Racerx said:
No logs for 30+ years. Pass. There was a '68 Cherokee Six with a bad spar, buried deep in it's history (1972) it smacked a car with its wingtip during landing roll as the car was being used to light an unlit runway. You have no idea what things are buried that you wouldn't find from a pre-buy. The price does not reflect the missing logs.
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Agree, sort of a tough sell when something like this can be had for the same price:

https://www.controller.com/listing/...-turbo-206h-stationair-piston-single-aircraft
 
I appreciate that $390k barely buys two good used 172s these days, so that's one way to look at it I suppose. :D
If I spent another $390k on airplanes I'd have one for every day of the week, including one to fly to church on Sunday. :cool:
Who could have imagined there would be nearly half century old piston Cessna's that could be dolled up to get to that price. Wow. :eek:
 
I just turned down a $50k Cherokee 235 with a low time engine because of missing airframe logs. Missing logs is a no go for me personally.
 
Are you aware that the fixed gear C-206 was developed from the strut version Cessna 210. The C-210 is 15 MPH faster and has a higher service ceiling, 21,000'. Mine in the pix. It is also much, much less expensive. Mine is in excellent condx and is insured for a market value of $60K. I have owned it since 1971 and can say it is not high maintenance. Seating is 4+2.
 
We bought a 1979 182Q with WASS GPS, MFD, STEC-50X, honest 800hr engine, NDH, 10/10 interior and paint from "this" dealer 10 years ago for < $100k. The only major AMU's sunk into it since then was for a new ADSB-out transponder. And I do feel like this 206 is overpriced. FWIW.
 
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I'll be a contrarian and say that plane is well worth it. You're getting a LIGHT 206 that is essentially new for a price lower than many restart 206s. The restart ones are so darn heavy it kills a lot of their STOL ability which is their primary utility IMO. So I like it. If you're serious I'd say go for it, no expense was spared on that plane.

It's the best of both worlds, light and new.
 
Wow... I have never ever seen a 206 with wheel pants. And the only 206 I have seen with less than 10k hours except for the brand new one I saw.

The 206 is a work horse. I never thought about restoring one as a show plane.
 
Zeldman said:
The 206 is a work horse. I never thought about restoring one as a show plane.
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In the avionics shop when I was last there, there was a beautiful 207 (if there is such a thing) getting a full avionics suite. It was some successful airline pilot that missed his days as a bush pilot, so he bought a 207 and turned it into a "show plane".
 
Mtns2Skies said:
It was some successful airline pilot that missed his days as a bush pilot
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I can see that. It is a different world, for sure. It was nice getting to know folks in the villages, and they learn to trust and depend on the pilots that actually cared. It was a time when I truly felt using an airplane was making life easier for others.
 
Wow. $390k without the logbooks? Using ARM (Airplane Repo Math) that would be a full value plane of $780k.

Too rich for my blood.
 
That whole panel looks like an after thought. It looks like it was put together in the cheapest possible manner. Albeit with good electronics.

For that kind of money I would expect a panel that looks like it was meant for the plane.
 
Lndwarrior said:
That whole panel looks like an after thought. It looks like it was put together in the cheapest possible manner. Albeit with good electronics.

For that kind of money I would expect a panel that looks like it was meant for the plane.
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o_Oo_Oo_O
 
That's a nice looking aircraft and certainly would haul a load in style. I did a market comparison of the Cessna singles listed on TAP last week and the average price for a C206 was $360K and the median was right at $390K so in my layman opinion that price isn't out of line for what you're getting. As far as logbooks go, sure, it would be nice to have them all, but if there was anything major in the aircraft's past there should be a 337 on record and if there isn't would that major thing have been in the logbook anyway?
 
But why pay $300,000 more for a slower airplane which is realistically 5 place airplane vs, a 4+2 plane unless you just gotta have a fifth adult seat? You can buy a lot of airline tickers for $300k. also the C-210 costs less to operate since you go 10% further for the same fuel and engine cost.
 
What kind of Useful Load do you need and what distances? How many people?
 
Spend ~ 1/2 AMU to get a formal evaluation.
This will be needed for insurance and financing anyhow.
Then go from there.
Or to start off, use VREF (which I did for the fun of it):
upload_2021-4-12_13-23-42.png

My point, a price of almost $400k is insane
 
Average AircraftBluebook value on a unmodified '74 Cessna TU206 is around $100,000. Vref tends to be a little higher than Bluebook but $200K to $235K seems about right with all the upgrades. But ultimately, the aircraft is worth what someone will pay for it.
 
A 206 is an awesome airplane in my book. You can actually fill the tanks and still take people and bags.
 
Add insurance costs for a 210 into the picture, to make it apples to apples, and it starts changing things
 
Wait till prices tank. We are on the plateau. That plane will be $180k in 2 years.
 
Mtns2Skies said:
I'll be a contrarian and say that plane is well worth it. You're getting a LIGHT 206 that is essentially new for a price lower than many restart 206s. The restart ones are so darn heavy it kills a lot of their STOL ability which is their primary utility IMO. So I like it. If you're serious I'd say go for it, no expense was spared on that plane.

It's the best of both worlds, light and new.
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Re: restart 206s, have you ever flown in one? I used to think this too, but got a ride in one recently and it ripped. If I was scraping the ceiling on the legacy 206s price-wise, I’d definitely go for a restart T206 instead.
 
AA5Bman said:
Re: restart 206s, have you ever flown in one? I used to think this too, but got a ride in one recently and it ripped. If I was scraping the ceiling on the legacy 206s price-wise, I’d definitely go for a restart T206 instead.
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No - I was going off of what my CFI (for my CFI rating, there's gotta be a word for that) said. I sure do LOVE the noses on the restart T206's.
 
I don't have a comment about the pricing of the OP's 1974 206, but I do want to say that the idea of me in the left seat of a new Turbo Stationair HD is quite attractive.

I'm planning on winning a Powerball jackpot to pay for the plane, but research on that subject revealed the following:

However, the odds of winning the Powerball jackpot are 1 in 292,201,338. Those are considerably worse odds than being killed by an asteroid impact, which is 1 in 74,817,414, according to The Economist.

Damnit. My great ideas are always foiled by reality.
 
For that money - I’d buy a cirrus, but not sure what your mission is.
 
Snowmass said:
Are you aware that the fixed gear C-206 was developed from the strut version Cessna 210. The C-210 is 15 MPH faster and has a higher service ceiling, 21,000'. Mine in the pix. It is also much, much less expensive. Mine is in excellent condx and is insured for a market value of $60K. I have owned it since 1971 and can say it is not high maintenance. Seating is 4+2.
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Just finished a three day 1800 nm jaunt in a similar early 210. Great aircraft. However, suspect useful load may be lower than what OP is looking for.
 
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