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Old August 29th 04, 03:13 PM
Jon Kraus
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So as a seller you would lower the price immediately even though you
didn't know why the low reading? Example: Say as the seller you wanted
$50,000 for the aircraft before you knew of a possible engine issue.
When you found out about the low compression, but didn't know why it was
low, you would lower the asking price say to $48,000? Just trying to
understand why you would be annoyed. I'm not in this to **** off the
seller but I don't want to pay for something that is already existing
either. Thanks !! JK

Steve Foley wrote:

It should not be a haggling point if you were already told about it.
Negotiations come into play when you find something that you didn't know
about.

I'd be pretty annoyed if someone flew my plane 100 miles away for a pre-buy,
and came back only to dicker about something I already disclosed.


"Jon Kraus" wrote in message
...

Thanks Kyle. It would be a haggling point though. JK

Kyle Boatright wrote:


"Jon Kraus" wrote in message
...


My new partner and I are looking at a 1975 Mooney M20C. It is a nicely
upgraded IFR plane with a 400 hour O-360 engine. It is a rather high
time airplane (7000) hours and the price reflects this fact. It is being
sold by the owner of the FBO we fly out of for one of his friends. They
just finished up an annual inspection on it.

My IFR instructor has owned Mooneys in the past and even had the M20C
for years. He suggested that we fly the plane to Byerly Aviation in
Peoria IL (a little over an hour flight from Indianapolis) and have them
do the pre-buy. He said it would probably cost in the $500.00 range. My
partner and I think it is a good idea too. We are both buying our first
plane and think the money would be well spent.

One of the cylinders has a compression of 62 while the others are in the
70's. This concerns me even though it is within tolerances. Of course we
would hate to buy something that needed immediate major engine work. The
plane has not flown much for the past 2 years so I am wondering if after
flying the thing a while if the compression might come back some
(probably wishful thinking I know).

I am interested in opinions or experiences in first plane purchases.
Experience with Byerly Aviation. Or comments on the engine situation I
described. Thanks!!

Jon Kraus
PP-ASEL-IA
Student aircraft purchaser


John,

A low compression cylinder isn't a big deal, assuming everything else


checks

out. Maybe the compression will come back up with use, maybe you'll


need to

pull the jug and have something fixed. The pre-buy might give you the
answer to that question. In any case, pulling and repairing a cylinder
isn't *that* big of a deal.

KB