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c-170 op/ed?



 
 
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Old April 14th 05, 08:54 PM
Don Tuite
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On Thu, 14 Apr 2005 13:13:40 -0500, "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 :-)

Do people do this - buy their flying club's planes? Going from big clubs, to
smaller partnerships.


Probably not in this case. The 11 of us voted ourselves a hefty
assessment so that after the Cessna sells we can buy a 74 Tiger or
Challenger* (Tiger preferred). The club's other plane is a '67
Cherokee 235, and it flys 200 hours/year to the Cessna's 100, even
though the hourly rates are around $100 and $66 (Wet/Tach). The
notion is that speed will even out the disparity in annual hours
flown, But that's our demographics. The club's youngest members are
in their 40s, and the older members are retired. Three newly-minted
pilots interested in building time fairly cheaply would be a good
scenario for the Cessna.

(If you're curious about club finances, Monthly dues are $150. We
have a hangar and a tiedown. Engine reserves are fully funded.
Memberships do not come up often, but have been going in the $6K-7K
range. With the Tiger or Challenger, that would probably go up a
couple of grand, but in any event, how much a membership sells for
depends on how much somebody is willing to pay for it.)

Don
*Cherokee 180 in the year between the 180D and the Arrow.
 




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