cost of ownership

Bob Fry wrote:
: Neither one had taken into account the cost of an engine overhaul,
: IMO. Both did eventually sell; one for about $4000-$5000 less than
: what I paid for my similar, low-time model. So some discounting (for
: high-time engine) was done by seller and buyer, but not enough.

I think it's generally considered (and seems to hold true) that the discount
on a run-out engine is about 1/2 the cost of buying a new one. When we were looking
for a Cherokee, one with a "fresh" engine cost $5-7k more than one that was runout. A
mid-cost/effort overhaul for a 4-banger like that would be $10-15k.

Seems to be about the same with the avionics.... adds about half the value of
what it costs to the plane.

-Cory

--
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* The prime directive of Linux: *
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* (Just my 20 USm$) *
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