What would you buy with a 50k budget?

JGalban via AviationKB.com blithered dramatically whilst picking the
gonad hairs from his teeth once fluffy on the testicles of his retaded
son :
RST Engineering wrote:
I'm just sort of curious, Mike. What is there on a 1958 airplane that is
going to break after 500 hours flying it that isn't going to break on a 2008
airplane after 500 hours flying it. No handwaving. Point to parts.


This is a good point. 18 years of ownership have taught me that airplanes
from the 70s/80s have about the same maintenance requirements as planes from
the 50s/60s. Once a plane is more than a decade old with a few thousand
hours on the clock, maintenance requirements are more affected by how it has
been treated, rather than its chronological age.

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

Much too sweeping of a statement. Age of avionics, any other
electromechanical device, consider age related metal fatigue/failures,
quality of rebuilds........the older the greater thechance for misuse.

Wing Flap wrote:


Much too sweeping of a statement. Age of avionics, any other
electromechanical device, consider age related metal fatigue/failures,
quality of rebuilds........the older the greater thechance for misuse.

Age of avionics is independent of the airframe age. These tend to be
updated over the years.

Metal fatigue is more related to the number and quality of hours on the
airframe (I'm talking about non-pressurized GA) than chronological age.

the older the greater thechance for misuse.

This is much too sweeping of a statement. Some of the most abused
aircraft belong to FBOs and tend to be of the newer variety. One of my
neighborhood FBOs has several PA28 trainers from the 80s that are pushing 15,
000 hrs. on the airframes.

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

--
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Kirk wrote:

snip

The only way to acheive the lofty goal of becoming an experienced
pilot, would require an aircraft in the 80k to 100k price range. Add
to that the cash reserves for the gotchas and the typical operating
costs and let's just say I will have to wait until I win the lotto to
see this dream come true.

Nonsense.

There are lots of simple aircraft out there for well under $80k at
todays prices that won't eat you alive with gas, insurance and
maintenance more than capable of 100+ mile cross countries.

I took that attitude and screwed around until I was 60 to buy an
airplane.

That is one of the major mistakes of my life.


--
Jim Pennino

Remove .spam.sux to reply.

In article , Kirk Ellis wrote:

The only way to acheive the lofty goal of becoming an experienced
pilot, would require an aircraft in the 80k to 100k price range. Add
to that the cash reserves for the gotchas and the typical operating
costs and let's just say I will have to wait until I win the lotto to
see this dream come true.

Look at older aircraft that aren't quite as expensive to purchase as
"newer" aircraft. If you limit yourself to a 30 year old aircraft, you
are going to pass on older cherokee 140 and cherokee 160 aircraft.
These can have the useful load to carry 3 and you don't have to
spend $80,000 to buy one. They also are more likely to be able
to run autogas.

--
Bob Noel
(goodness, please trim replies!!!)

Horsefeathers. I just looked in the latest Trade-A-Plane with its somewhat
inflated prices and you can get a '56 172 with a 700 hour engine for $27.5
and that's the ASKING price. A '59 for $29.5. A '59 Tripacer for $27. A
'53 for $19.5. A '64 Cherokee 140 for for $24.9 and another one for $24.9.

My hit on it is that you wanted a reason to stop flying and the idiots in
this ng gave you that reason.

Jim




In the meantime, I have decided to push this long standing, all
consuming passion out the door. It will be difficult to turn in my
wings, but necessary.

Cheers
Kirk

On May 18, 12:27*pm, "RST Engineering"
wrote:
Horsefeathers. *I just looked in the latest Trade-A-Plane with its somewhat
inflated prices and you can get a '56 172 with a 700 hour engine for $27.5
and that's the ASKING price. *A '59 for $29.5. *A '59 Tripacer for $27.. *A
'53 for $19.5. *A '64 Cherokee 140 for for $24.9 and another one for $24..9.

My hit on it is that you wanted a reason to stop flying and the idiots in
this ng gave you that reason.

Jim





In the meantime, I have decided to push this long standing, all
consuming passion out the door. It will be difficult to turn in my
wings, but necessary.

Cheers
Kirk- Hide quoted text -

- Show quoted text -

I am with Jim on this.. If there is a will, there is a way... You have
lost your will...

Ben.......

I am with Jim on this.. If there is a will, there is a way... You have
lost your will...

Amen. I am in the process of buying an old Ercoupe in a new flying club
that I'm starting with two other guys. Our entire investment will be
$18,000 -- divided three ways.

I paid $6000 for a motorcycle in 1988. Flying *can* be affordable.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote:

I am in the process of buying an old Ercoupe in a new flying club
that I'm starting with two other guys. Our entire investment will be
$18,000 -- divided three ways.

Some thoughts:

Spar issues, make sure it has all the extra inspection holes underneath...

Not all models are "Light Sport" compliant...

Looks bigger than it actually is. For + sized people...

Did you tell Montblack about this?

I am in the process of buying an old Ercoupe in a new flying club
that I'm starting with two other guys. Our entire investment will be
$18,000 -- divided three ways.

Some thoughts:

Spar issues, make sure it has all the extra inspection holes underneath...

Check.

Not all models are "Light Sport" compliant...

Yep. We ended up getting a '48 "E" model, which is NOT light sport. It
does, however, have an extra 180 pounds of useful load.

Looks bigger than it actually is. For + sized people...

It's "cozy"...

;-)

Did you tell Montblack about this?

Yep. He was actually the guy that got us looking at buying an Ercoupe in
the first place, and was an early partner in this venture. We stopped
looking for light sport models after he backed out.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

On Sun, 18 May 2008 11:27:48 -0700, "RST Engineering"
wrote:

Horsefeathers. I just looked in the latest Trade-A-Plane with its somewhat
inflated prices and you can get a '56 172 with a 700 hour engine for $27.5
and that's the ASKING price. A '59 for $29.5. A '59 Tripacer for $27. A
'53 for $19.5. A '64 Cherokee 140 for for $24.9 and another one for $24.9.

I have seen those ads, but from the reading I have done I am getting
the impression that we would need perhaps 15k to 20k in cash lying
around for any used airplane that we purchase plus the down payment.
On a monthly basis we could easily afford the payments on a ten year
note for a 50k aircraft and be able to afford the fuel, but that
reserve cash for those never ending maintenance items is not readily
available to us and is the deal breaker right now. One or our
considerations is to take out signature loans of about 8k to 10k each
but not sure yet if that is really an option. I think the best thing
right now is to quit renting / flying for the next two years and put
as much as I can afford each month into a purchase fund. Perhaps then,
I can treat myself to a 1/2 partnership in a reasonably sound XC
aircraft when I turn 57. All the while though we will keep our medical
current... FAA willing.

My hit on it is that you wanted a reason to stop flying and the idiots in
this ng gave you that reason.

Jim

I have never wanted to stop flying, ask my wife. She is tired of
hearing about it constantly, but she doesn't understand what it means
to me. All she wants is the boat and couldn't care less about flying
in a single engine spam can. Next year the boat will be paid for. Then
I can put a few more dollars away for another year. After that it will
be MY turn. But there are so many variables that can pop up over a 2
year period that we have no control over. Just gotta keep our fingers
crossed.

But two years go by very quickly at this age. My pilot friend and I
only hope we will be able still fly into our eighties (if we make it
that far) as Bob Hoover was able to do. Maybe then we will consider
ourselves adequate pilots.

Kirk