Montblack wrote:

("Don Tuite" wrote)

'61 172 in California: $30K

http://www.satoriassociates.com/cessna.htm


Thank you for including the price - makes all the difference. Really.
Thanks.


Wonder if three people in the flying club could have gotten a (no
broker) "insiders discount" ($3,000) + the normal horse trading
deductions ($3,000)?

Now they'd be looking at $24K. Let's say $27K if the Club plays hardball
g.

That's still $10K each, for a decent basic plane ...with a $3k (or $6K)
starting balance in your new partnership. Haven't checked out the ad,
I'm thinking it's a many mods, low-time gem :-)

I'm thinking they'd need a bigger balance than that. It is a nice
plane, but with an out of production six-cylinder engine only 450 hours
from TBO, they'll be needing a lot of money soon. If the crankshaft
can't be reused in the overhaul, a new engine may be needed, and it
probably wouldn't be an O-300 (that's what my friend who owns a 172C
with the same engine tells me anyway, and that would a bummer, as the
smooth 6cyl is IMO one of the best things about these models). At 24K
it would probably be worth a plunge, but each partner should put in $13K
(which isn't much more than 10K in aviation money so they start with
15K in the bank which is a lot closer to a new engine.

All IMO of course.