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Possible: 1/5th share C-172 based at BED



 
 
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Old September 22nd 04, 07:32 PM
C Kingsbury
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Default Possible: 1/5th share C-172 based at BED

Hi all,

I'm just testing the waters here, so bear with me. I have a 1/5th
share of a Skyhawk tied down at Hanscom Field (KBED) that I may want
to sell. Here are the vital stats:

1979 C-172N, ~2880TT, engine ~1800 (tach) with RAM 160HP mod
Condition 8/6 inside/out

IFR Certified (3/04) with:
#1 TKM MX-385 Nav/Com with glideslope
#2 ARC RT-385 Nav/Com with VOR/LOC
ARC/Cessna ADF, Mode C Transponder, and audio panel
Northstar M-1 LORAN
Portable 4-place intercom & 2 David Clark headsets
ICOM Handheld Nav/Com

Optional good stuff:
50-gal long range tanks
Precise Flight standby vacuum system

Notes & Asides:
* This plane has been owned by the partnership since factory new and
has never been in the rental fleet or used for primary training

* It is a very stable partnership with 2 members in for close to 20
years. Good bunch of guys who don't quibble about spending money on
important maintenance

* Availability of the plane is excellent, as the other members are not
very active except during the summer, and even then it feels more like
a 3-way than 5-way partnership. In the cooler months you will think
you own the plane by yourself. But all maintenance gets split 5 ways,
so even a major overhaul will only cost you a few thousand.

* Ah yes, cost. Vref calculates $50k for the plane, so 1/5th would be
$10k. Monthly fee is currently $150, and $60/hr wet tach (equiv. to
$50/hr wet Hobbs time). Compare this to $90/hour to rent the same
plane from East Coast or EFA on the same field. If you're working on
your IFR or CFI and will be flying a lot, this could actually be
cheaper than renting.


==========================

If you would be interested, please email me personally. You would need
to be able to pay cash (i.e. not have a lien put on the plane) and
willing to pay the full 10k, as I will not negotiate on the price
except for specific defects that merit adjustment.

I want to be very upfront and say that right now what I am doing is
"gauging the interest" while I figure out my own financial situation,
and I am trying to avoid selling this as it's an otherwise sweetheart
deal for me.

If I choose not to sell at this time, I will keep your name on a list,
and will do my best to contact you in case a share opens up in the
future. Several of the members are older gentlemen so this is always a
possibility.

What I do promise is to not jerk anybody around beyond this ad: If I
decide to sell, I am going to sell. It'd break my heart to let this
one go but it might have to be done. If it sounds interesting to you,
email me any questions you;d like to ask.

Best,
Colin Kingsbury
 




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