Thanks for the reply. Is that high? I'll have to do some more research.

Good answer.

Your best bet is Trade-a-plane on-line. Watch the ads, do your homework. I
think you'll find many, many 152s for less than $28K.

Check the panel carefully -- the price difference may be found there. At
your level of experience this won't be easy -- avionics can be a real can of
worms. Your best bet is to ask a trusted, experienced pilot friend for
help.

Given that many new pilots like yourself don't have mentors (a real, serious
problem in aviation, by the way), you may be left to fend for yourself. If
this is the case, your workload just doubled or tripled. Here's what you
should do:

Find out what avionics are in the plane, and post your results here --
you'll find a wealth of knowledge and experience here, and we'll be able to
help you assess the panel. (For a real assessment of condition, you'll need
an avionics tech of course -- but we can get you in the ballpark.)

Find out total time on the airframe in addition to engine time. Ask about
damage history -- many trainers have some.

Don't just look at this single aircraft -- 152s are literally everywhere.

Make friends with a mechanic that other guys on the field recommend -- this
person will be your life-line, and the guy who ultimately does your pre-buy
inspection. Do NOT buy this plane without a pre-buy inspection, performed
by someone other than the current owner's A&P.

Come here often and ask questions -- we all began where you are today, and
many of us learned some hard, expensive, and probably unnecessary lessons
along the way.

Good luck!
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"
"rajek" wrote in message
m...
Jay Honeck wrote:

Asking price is $28,000. The engine has about 600 hours since the last
overhaul.


A bit high for a 152, no?

And, BTW: In ten years I have not met a person who made money in a
lease-back arrangement.

I realize I'm not going to make any money. I'm mainly hoping to offset
the majority of the maintenance and insurance. So for me the purpose of
the leaseback arrangement is to make it more affordable to keep the
plane, not so much to make a profit.