I'd much rather buy a plane with a run-out engine and budget for an
immediate engine replacement/overhaul. That way at least you know what
you're getting.

Actually, from all the headaches I've read about here from owners who have
newly rebuilt or remanufactured engines, I think the best bet is a plane
with about 500 hours on it, all put on in the last 3 - 4 years.

Long enough for the owner to have worked out any bugs, and long enough to
have proven itself in the field.

I count myself lucky with our engine. (Rebuilt in 2002. No troubles --
knock on wood -- yet, after 500 hours...)
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"