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Thread: 1972 Cessna 150 at $14,500.00 on CL eastern shore of MD. I like it!

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    1972 Cessna 150 at $14,500.00 on CL eastern shore of MD. I like it!

    I cant do links. But on Craigslist there is a Cessna 150 which is soooo tempting. But of course, that is only the begining of the spending. If anyone is inclined to take a look see I would appreciate opnions on it. Maybe you buy it and take me for a ride? Thanks, Henry

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    Quote Originally Posted by Glider-Rider View Post
    But of course, that is only the begining of the spending.
    With 1980 since the last engine overhaul, that's a safe bet. I'd keep shopping unless the price drops below $12k

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    Quote Originally Posted by martymayes View Post
    With 1980 since the last engine overhaul, that's a safe bet.
    Not necessarily. 2000 hrs to overhaul isn't written in stone and therefore isn't always the case. Purchaser could get a few hundred hours extra on this engine subject to annuals "on condition".

    IMO, seems to be a really good plane on paper as described. Negotiate on the final selling price and then do a pre-purchase agreement to get your mechanic to look it over in all respects.

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    Quote Originally Posted by Floatsflyer View Post
    Not necessarily. 2000 hrs to overhaul isn't written in stone and therefore isn't always the case. Purchaser could get a few hundred hours extra on this engine subject to annuals "on condition".
    Neither is 1800 hrs, TCM's recommended overhaul interval for this engine. Without knowing any history, I'd advise a buyer to have $10k in hand for overhaul if the engine gives up sooner rather than later. Or take the $14k asking price and the $10k reserve for o'haul and buy a really nice 150.

    OTOH, $12k for the plane, put $10k in the engine and you'll have a nice plane without being upside down.

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    FlyingRon's Avatar
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    Exceeding TBO in a regularly flown and maintained trainer is certainly more than possible. The next question is 1980 hours over how many years?

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    Not saying it's not possible. Just to be prepared in the event the best possible outcome is not realized. Lots of questions, not a lot of answers.

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    Infidel's Avatar
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    Quote Originally Posted by FlyingRon View Post
    Exceeding TBO in a regularly flown and maintained trainer is certainly more than possible. The next question is 1980 hours over how many years?
    Ecactly.

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