Decision time

"G.R. Patterson III" wrote in message
...


Mike Rapoport wrote:

Selling an airplane with 200hrs
left on the engine is probably the worst time to sell it.

Maybe, but that runs neck&neck with "fresh overhaul."

The best time is when it has about 200hrs SMOH.

Yep. Buyers can be sure that you didn't get a cheap overhaul just to sell
the
plane.

I bought mine just 60 hours short of MOH. I wanted it that way because I
wanted to redo the engine (IO-550 exchange for the problematic TSIO-520-UB,
TN, Millennium cylinders). It had just enough time left to get some dual in
it, then send it to the shop for the rework.

I can't speak for others, but I'd rather do it my way.

--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO

Matt Barrow wrote:


I bought mine just 60 hours short of MOH. I wanted it that way because I
wanted to redo the engine (IO-550 exchange for the problematic TSIO-520-UB,
TN, Millennium cylinders). It had just enough time left to get some dual in
it, then send it to the shop for the rework.

I can't speak for others, but I'd rather do it my way.

I'm with you, Matt. I'm not in the market right now, but if I were, I'd be
looking for a runout, with the price appropriately discounted. Dave

I bought mine just 60 hours short of MOH. I wanted it that way because I
wanted to redo the engine (IO-550 exchange for the problematic
TSIO-520-UB,
TN, Millennium cylinders). It had just enough time left to get some dual
in
it, then send it to the shop for the rework.

I can't speak for others, but I'd rather do it my way.

--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO



Matt,

I am with you too, but I hear more owners say they don't want to have to
deal with it. They would rather buy a plane with a couple hundred hours
plus and close enough to how they want it that they don't need to do
anything.

Just like you hear people say they never want to build or renovate a house
again.

That's why I tell folks to sell buy 75% TBO, or not until they have worked
out the new engine. For a 2000 hour engine, it seems that 200 to 1500 hours
is much easier to sell than any other Tach times.

Well, we had an owners meeting last night. Decided to have another oil
analysis done and carefully evaluate the current health of the engine. If
we are satisfied that we can truly go past TBO, we are going to paint it and
keep it for a while and put a reman in it when it needs it. If the analysis
shows a significant deteriorating trend, we'll drop the price and wholesale
it or see if we can work out a trade with a dealer or broker.

Ed


"nobody" wrote in message
m...
Our partnership decided to sell our '77 Warrior II while it still had
about
400 hrs left before TBO. That was a year ago. There is about 200 hrs left
now. Vref shows about 48K and we've dropped the price to 42K. She needs
paint and is right at TBO. She still runs strong and burns about 1qt of
oil
every 10-12 hours. All the ADs are current and other than the paint,
there
are no squawks. Its a good IFR platform and time builder with an STEC 40,
dual nav/coms and a panel GPS.

Should we:

a.) drop the price to 35K
b.) overhaul and paint (17K) and ask 59K
c.) do nothing and hope that we will eventually find a buyer
d.) something else that we haven't thought of

Ed

http://www.mekainc.com/n40008

"Dave Butler" wrote in message
news:1104329984.30249@sj-nntpcache-3...
Matt Barrow wrote:


I bought mine just 60 hours short of MOH. I wanted it that way because I
wanted to redo the engine (IO-550 exchange for the problematic
TSIO-520-UB,
TN, Millennium cylinders). It had just enough time left to get some dual
in
it, then send it to the shop for the rework.

I can't speak for others, but I'd rather do it my way.

I'm with you, Matt. I'm not in the market right now, but if I were, I'd be
looking for a runout, with the price appropriately discounted. Dave

Another bird I was looking at was only 20 hours after MOH, but the owner did
a regular, basic overhaul. If it was mine, I would have wanted to at least
put in Millennium cylinders and a few other things, but this guy did a
"Monkey Ward" caliber OH.

Thanks, but no thanks.


Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO

In article ,
nobody wrote:
Well, we had an owners meeting last night. Decided to have another oil
analysis done and carefully evaluate the current health of the engine.

Oil analysis requires a trend. Start doing them at every oil change
between now and TBO and you'll know something by then.

--
Ben Jackson

http://www.ben.com/

nobody wrote:
If
we are satisfied that we can truly go past TBO, we are going to paint
it and
keep it for a while and put a reman in it when it needs it.

Not a bad plan, but keep in mind that a decent paint job and a reman
engine are going to cost significantly more than the $17K you stated in
the original post. Something in the neighborhood of $23K would be
more realistic.

John Galban=====N4BQ (PA28-180)

A friend of mine had this motto over her desk - "If you keep doing what
you're
doing, you'll keep getting what you're getting."

That's a great quote...

I have a 1996 Amphibian Aviat Husky with 2250TTAFE which I am
considering selling. Email me at if you are
interested. It's sort of the same thing with me, engine at TBO, still
running strong. Since I am continuing to fly it, and it runs fine, I
have no reason to overhaul it. You wont get your overhaul money out of
it if you overhaul it, thats just the way it is. Priced correctly, it
is an even trade. Price after overhaul should equal price before
overhaul plus cost of overhaul. But the buyer gets to run it for a
while (500 hours?) free of engine reserves since it's already
depreciated, which may make him a little ahead of the game. Usually if
an engine is running fine, it has 500 more hours regardless.

Usually if
an engine is running fine, it has 500 more hours regardless.


I would disagree whole heartedly. You would have to have a LOT of evidence
to convince me that a runout had 500 more hours in it. "running fine" could
end tomorrow.