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9,000 TTSN - pass?



 
 
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Old September 8th 05, 06:23 PM
Potato Chip
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Default 9,000 TTSN - pass?

There is a 1980's C172P with 9000 hours TTSN on my local field. Most
things look good on this plane, except for its high Airframe time. It
is hardly a looker, but I am looking for a first-timer airplane for
building time and experience. It will also be kept online with the FBO
on leaseback, thus, it will average 400 hours/year. It has a 400hr SMOH
remanufactured lycoming engine. Asking price is in the low 60's.

I am just curious to hear other opinions on this airplane. I realize
the plane has lived a tough life as a trainer. in fact, it has 2 major
repairs after bad landings in its damage history, but the repairs were
done at reputable shops. it has been online with 2 reputable FBO's its
entire life.

My main issue is probably with the high airframe time. I hope to build
time and experience in this plane and then probably sell in 3 to 5
years. The engine will reach its overhaul time in probably another 4
years, about when I want to sell it. It will then have 10,600 hours at
that point, which will have exceeded the 5 figure TTSN number
threshold, which might have a psychological effect for resale.

I appreciate any thoughts you might share!
Jae

 




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