Engine over TBO at purchase

In article ,
"DHead" wrote:

Hi group.
I am interested in buying a Sundowner with 2035 TT E&A.
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.
The avionics are ok, but could be improved on. My biggest concern at this
point is the engine time.
Any opinions on what is fair to me and the seller concerning allowances for
the engine O/H?

what is the asking price? what would be the asking price of the aircraft with
a good overhaul?

In general, it is always cheaper for the buyer to have the previous owner
pay for things because a seller never seems to be able to recover 100%
cost of repairs/improvements. However, be cautious of a cheapo
overhaul.

I'd recommend caution about buying an aircraft with a runout engine.
Overhauling an engine can be a great learning experience, and can
also be a lot of work, with lots of traps for the unwary.

good luck

--
Bob Noel
no one likes an educated mule