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First Purchase Price Question



 
 
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Old October 26th 03, 04:47 PM
Newps
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Carl Orton wrote:

Mike, I think I know where you're coming from, but would like to seek
clarification.

How bad could the cam be? Although it wasn't *flown* in 2 years, it was
run/taxied regularly (monthly? who knows?). Yes, I'm aware that it got no
where near operating temp, acids in the oil, etc. I just wanted to clarify
that it wasn't really just sitting for 2 years. No way would I even look at
that unless it was priced to account for a factory reman!


A Continental cam would be OK under those conditions. A Lycoming cam
would still be toast.



But, I'm curious. I know that a pre-buy / annual won't find EVERYTHING. So
do you just go with gut feel?


Sometimes.

Do you reduce an offer price any to account
for unknowns on *any* plane?


No, you can try but unless the buyer just has to get out he won't do that.


Or, does the fact that a plane is flown
regularly provide better confidence that what you're getting is close to
what's represented?


That's almost always the case.


 




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