DHead wrote:

The owner (actually the broker) offered to allow $5K off the asking price to
have the engine O/H'd.
I am a student pilot and very much want this particular airplane, but I
don't think that $5K off a $14K O/H is reasonable.

That depends on the asking price. Most owners have already heavily discounted
the aircraft to allow for the near-runout. He should be offering you about
$14,000 lower than book value for this aircraft with a newly rebuilt engine. Bet
he's doing better than that already.

George Patterson
Give a person a fish and you feed him for a day; teach a person to
use the Internet and he won't bother you for weeks.