Cessna 150 for $6000!!!

[KDSM]

http://www.controller.com/listings/fors ... 77FA7F54B8

[Fozzer]

http://www.controller.com/listings/forsale/detail.asp?OHID=1109821&guid=8BC69131
C1514F1E8B5D5877FA7F54B8

Needs work done on it.

(Price drastically reduced due the the Stars and Stripes paintwork).

Paul... ...!

[dcunning30]

http://www.controller.com/listings/forsale/detail.asp?OHID=1109821&guid=8BC69131
C1514F1E8B5D5877FA7F54B8

Needs work done on it.

(Price drastically reduced due the the Stars and Stripes paintwork).

Paul... ...!

LOL!!!!  If a buyer were really smart, they would sneak in after dark, paint it with the British flag theme, then offer $3000!      ;)

[beaky]

Over 6000 TT and 890 SMOH... one of those "expensive bargains"...

It does have a lot of radios, but it seems not all of them work.

[Mobius]

http://www.controller.com/listings/forsale/detail.asp?OHID=1109821&guid=8BC69131
C1514F1E8B5D5877FA7F54B8

Needs work done on it.

(Price drastically reduced due the the Stars and Stripes paintwork).

Paul... ...!

LOL!!!!  If a buyer were really smart, they would sneak in after dark, paint it with the British flag theme, then offer $3000!      ;)

Nice.

[Brett_Henderson]

Hmmm..   :-/     That engine alone is worth a bare minimum $3800..

That's not a bad deal.. The market has been fizzling out for OLD, pure trainers, though. Outside of club/trainer duty; thier claim to fame (cheap way to get $100 burgers) is fading too. A LibertyXL2 uses the same, sub-6gph, but flies 35 knots faster.

[beaky]

Hmmm..   :-/     That engine alone is worth a bare minimum $3800..

That's not a bad deal.. The market has been fizzling out for OLD, pure trainers, though. Outside of club/trainer duty; thier claim to fame (cheap way to get $100 burgers) is fading too. A LibertyXL2 uses the same, sub-6gph, but flies 35 knots faster.

But is it really worth that much at halfway to TBO? I guess it would be, but...
And 6000 hours on a 1974 airframe is a lot, compared to most 150s I've seen advertised- I'll bet it worked for a flight school for some time.

Not that it's a rip-off; if I were shopping for a plane right now I'd probably want to go look at it. With a competent mechanic paid to evaluate it for me.

A 150 is a great first airplane- slow, but cheap to operate. This one is probably worth the price stated, because most of the ads I've seen are for 150s with half that TT and lower-time powerplants, going for $12-20,000.

That engine has the mogas STC, too, right? That would be a big money-saver, although the logistics of getting mogas into the plane, filtered correctly, etc. seem a little daunting.


At any rate, it's worth repeating that with airplanes especially, one mustn't be misled by a bargain price... more often than not, the less you pay up front, the more you'll spend down the line...

[Jakemaster]

I don't know that I'd pay 6000 for a old very used 150.  If it was say a 172 or 182 then that would be more appealing because it's more practical than a 150.

Even though it is VERY early, I think I'm gonna save up in a retirement fund (once I get a career after college) and either buy a nice plane or a kit plane for retirement.   Hopefully I can convince my parents to let me start flying lessons while I'm at college, the Lawrence airport has a flight school, and since I'll already be at the airport often (KU has a hanger with a skyhawk and a queen air for all the aero geeks like me) it would just make sense for me to take lessons.

[Brett_Henderson]

I don't know that I'd pay 6000 for a old very used 150.  If it was say a 172 or 182 then that would be more appealing because it's more practical than a 150.

A  "clean" 172 with 900+ hours left on the engine, even with that many hours on the airframe, is gonna going to be in the $40,000.00 neighborhood..  and the same 182 would be  at least $50,000.00...

[Brett_Henderson]

A 150 is a great first airplane- slow, but cheap to operate. This one is probably worth the price stated, because most of the ads I've seen are for 150s with half that TT and lower-time powerplants, going for $12-20,000.

I'd love to get my hands on a nice 150..  EXCEPT, I can't fit in one  

I just bought a Tomahawk with a dead engine and WAY out of annual for an ironically comparable amount to this 150. Mainly because the price was right and  I know I can sell it for more, right now. We'll see how I feel about dumping money into it come spring..lol

[beaky]

A 150 is a great first airplane- slow, but cheap to operate. This one is probably worth the price stated, because most of the ads I've seen are for 150s with half that TT and lower-time powerplants, going for $12-20,000.

I'd love to get my hands on a nice 150..  EXCEPT, I can't fit in one  

That's the tragic irony of the 150... I'll bet you could set one up to accommodate your frame, but try to haul two average-size-and-weight American adult males in a 150, and you're flirting with the edge of the performance envelope.

But I'll bet you'd be comfy in a Citabria; they can be had for around the same price. I've been thinking along those lines for my first plane.

I just bought a Tomahawk with a dead engine and WAY out of annual for an ironically comparable amount to this 150. Mainly because the price was right and  I know I can sell it for more, right now. We'll see how I feel about dumping money into it come spring..lol

Interesting. Suddenly I'm wondering... join a flying club for $5K plus dues or buy an airworthy 150 or Citabria or whatever for just a little more...
Hmmmm.


I think I'll go with the club for now, at least until I get my IR ticket, because that money gets me access to four airworthy IFR-certified aircraft, based at airports close to me where I could not afford to keep my own plane.

But on the other hand, I have to share them with about 20 other pilots... but... I dunno. The attendant expenses of sole ownership might make it  too much for me right now.

But in the next few years, who knows? I'll bet last-generation trainers that don't meet LSA requirements are going to get cheaper, even the nice ones.

[Brett_Henderson]

But in the next few years, who knows? I'll bet last-generation trainers that don't meet LSA requirements are going to get cheaper, even the nice ones.

Oh.. they will  :)    As soon as these Liberty type planes or the Diamond Eclipse or even the Cirrus start getting some years/hours on them, they're going to drive prices on even 172s down. They're so fast and efficient, clubs are going to see a bonanza (no pun intended)..  Fuel and maintenance make up the bulk of flying expense and the old Cessna/Piper fleet is going to have trouble earning its keep.

Yes.. I probably could "engineer" all 6'3" 220# of me into a 150... but MAN do I fit nicely in a Tomahawk. Loads of shoulder room... more leg room than my 37" inseam can abuse and the view is..  :)

Anyway.. you are right. Even as an owner of say a 172, it's still nearly $60/hour to fly (fuel, maintenance, engine reserve)  ..  PLUS  ..  insurance and hangar/tie-down..  And that doesn't even address the interest (either paid on the loan or not earned if your $50,000 is tied up in the plane).

I'll save you the math..  A person has to fly his  $50,000  C172   26/hours per month, EVERY month, before ownership starts saving him money.

[Brett_Henderson]

Now... if I could just find a trustworthy partner  :)    T W O  people dedicated to flying, can put a nice 172 into joint service that actually makes financial sense. The fixed costs (hangar/tie-down, repairs/annuals, insurance and interest) get cut in half.... and the whole thing breaks down to where you start saving at 10 hours/per month, per pilot.

Three owners is ideal, but gets into scheduling problems...

[beaky]

Now... if I could just find a trustworthy partner  :)    T W O  people dedicated to flying, can put a nice 172 into joint service that actually makes financial sense. The fixed costs (hangar/tie-down, repairs/annuals, insurance and interest) get cut in half.... and the whole thing breaks down to where you start saving at 10 hours/per month, per pilot.

Three owners is ideal, but gets into scheduling problems...

Forget about that, and just get that Tommie flying... were it not for the distance, I'd be glad to give you a hand with it.
Maybe you can find a local partner in the Piper... there must be somebody around there who'd be into that, and for the cost of a good Skyhawk, you could end up with a really nifty IFR-certified Tomahawk...  less utility, but a damn good ride.

[Brett_Henderson]

Here's the secret about Tomahawks....  Useful load isn't much over 500lbs.. but that's based on the original engine and the fact that students are the likely pilots (likey to be doing toucn-n-goes with near full tanks).

Modern engine rebuilds are a legit 15hp (200rpm)(10kias) better .. and if you don't plan on bouncing one (often), they can safely carry just over XXXlbs (numbers that shouldn't be published). They aren't 172 numbers, but 400lbs of pilot/passenger can carry a bag or two and more fuel than my bladder can fly  :-[

Compared to a 150/52, they're decent day-trip planes..