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The issue arises over what different people, namely the buyer, the seller,
and each of their mechanics, consider and define "properly repaired", "completely repaired", "adequately repaired", "repaired by a Brand C or P or XYZ certified repair station", or "repaired to new condition". None of those things actually tell you how well it was repaired. Certain types of damage may go unseen by a mechanic that thinks he's "properly repairing" the plane, and then those things get covered up by fuselage skin and may be in locations where inspection plates just don't allow a good view. It also may be impractical to remove the skin to properly view the repairs during a pre-buy. Depending on the type of damage, you may or may not be able to determine how the airplane was flown. One example would be a replaced or repaired firewall on a 182. If the plane was consistently and repeatedly landed hard on it's nose wheel that the firewall buckled, what else might be slightly "tweaked" in the engine mounts, landing gear, or airframe?? IMHO, damage history, unless completely explained and repairs well documented and "inspectable" give me a certain "fear of the unknown" and the price should be adjusted accordingly. Jim Burns "tony roberts" wrote in message news:nospam-4DDD2A.22064411082004@shawnews... Hi John One thing that I don't understand, and hopefully someone here will enlighten me, is why it is so sacred to have an aircraft that hasn't had accident damage. Two of my friends each have aircraft that had accident damage over 30 years ago. So What? They have flown beautifully for more than 30 years since the accident - so what is the big deal? I absolutely don't get it. - It would be different if the accident was 5 flight hours ago - but these are more than a major TBO away. Tony In article , Jon Kraus wrote: I am looking into purchasing my own plane... I think that I am pretty aware of the costs (as much as a non-owner can be). I would like to hear from those of you who have unfortunately have had a bad (expensive or otherwise)experience with a plane purchase. I will also post for good experiences. Thanks !! Jon Kraus PP-ASEL-IA (possible Mooney buyer) -- Tony Roberts PP-ASEL VFR OTT Night Almost Instrument ![]() Cessna 172H C-GICE --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.736 / Virus Database: 490 - Release Date: 8/9/2004 |
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![]() tony roberts wrote: Two of my friends each have aircraft that had accident damage over 30 years ago. So What? You are quite correct. Properly repaired accident damage is no problem, and the longer it's been since the repair, the less important it is. Unless, as you say, the damage is recent, it's just a tool that unscrupulous buyers use to try to talk the price down. George Patterson If you want to know God's opinion of money, just look at the people he gives it to. |
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Please clarify your statements.
What do you mean by "unscrupulous buyer" and that last bit about "God's opinion about money". Seems you may have your "knickers in a bundle" Paul "G.R. Patterson III" wrote in message ... tony roberts wrote: Two of my friends each have aircraft that had accident damage over 30 years ago. So What? You are quite correct. Properly repaired accident damage is no problem, and the longer it's been since the repair, the less important it is. Unless, as you say, the damage is recent, it's just a tool that unscrupulous buyers use to try to talk the price down. George Patterson If you want to know God's opinion of money, just look at the people he gives it to. |
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![]() Paul wrote: Please clarify your statements. What do you mean by "unscrupulous buyer" and that last bit about "God's opinion about money". Unscrupulous means people without scruples (look it up). Someone who attempts to reduce the price based on a 30-year-old damage history has none. As to the quote, it's an old Irish saying. Live with it. George Patterson If you want to know God's opinion of money, just look at the people he gives it to. |
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"G.R. Patterson III" wrote in message
... Unscrupulous means people without scruples (look it up). Someone who attempts to reduce the price based on a 30-year-old damage history has none. Only the seller can control the price. A buyer who tries to "unscrupulously" control the price will get outbid by someone else. I can think of ways a buyer can be unscrupulous, but trying to negotiate a lower price based on information the *seller* provided or which is documented as true hardly seems unscrupulous to me. The seller is free to accept or reject the buyer's logic, as they see fit. Pete |
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One thing that I don't understand, and hopefully someone here will
enlighten me, is why it is so sacred to have an aircraft that hasn't had accident damage. Our plane had a bad landing accident when it was just a few months out of the Piper factory, way back in 1974. It was repaired at a Piper service center, and has never been damaged since. I'm sure that incident adversely affected the resale price for the first decade or so after the accident -- but it certainly hasn't had any impact since. At the pre-buy my A&P looked at the logs, looked at the plane, said "hmph", and never mentioned it again. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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tony roberts wrote in message news:nospam-4DDD2A.22064411082004@shawnews...
One thing that I don't understand, and hopefully someone here will enlighten me, is why it is so sacred to have an aircraft that hasn't had accident damage. Karma. Any 172 that survives 5000 hours of rental use without a good pranging must have gotten an extra coat of magic pixie dust at the factory. Two of my friends each have aircraft that had accident damage over 30 years ago. So What? They have flown beautifully for more than 30 years since the accident - so what is the big deal? I absolutely don't get it. - It would be different if the accident was 5 flight hours ago - but these are more than a major TBO away. Shh! If everybody starts figuring out that a modest scrape a few decades ago doesn't make a plane unflyable a lot of the good deals will disappear. In Alaska the definition of an salable PA-18 is one on which you can still make out the registration plate. They'll happily rebuild the whole plane around it with 90% new parts. But hey, it'll still have a major damage history. -cwk. |
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The jury is still out on our recent purchase, but all-in-all, it was a
good, but stressful experience. The stressor being that, besides a house, this was my biggest single outlay of money ever. No matter how good your prebuy, there is always potential for a major disaster after the plane becomes yours. What will you do if you blow an engine early on? My partner and I decided that, if the worst happened, the plane would have to sit for a while while we saved money for a new engine. This was a risk we looked at and decided up front that we were willing to take. Expect the prebuy negotiations, inspections, and paperwork to take a lot longer and cost more than you anticipate, especially if you are buying from a private owner. We filled out the FAA Bill-of-Sale form, but not the Request-for-Registration form, which meant we weren't quite legal for a couple of days. These forms are virtually identical, so we thought we were good. One place where going through a trustworthy broker would be nice! Also, we were doing the purchase from a private owner, long distance, who was hard to get a hold of. Minor questions often took several days to get ironed out. Negotiate with the insurance company on coverage and required hours as well if you are stepping up in aircraft class. Have the conditions of the purchase and contigencies SPELLED OUT in your prepurchase agreement. We jumped the gun and sent the owner a deposit before we actually filled out the agreement, which made getting money for several prepurchase deficiencies difficult. Despite some deficiencies that the prepurchase revealed, we decided the plane was still what we wanted and in our price range. If we had been willing to walk away, we might have been able to find something for slightly less money, fewer problems, better equipment, etc..., but we decided at the time that it was "close enough". We spent 6 months to get "close enough". Be prepared to spend some money right after you get your plane. We found the following on our prebuy: 1. No current weight and balance: $450 2. Fixed display on #2 NAV: $300 3. Corroded overhead speaker wi $100 4. Installed new magnetic compass: $100 5. Pitot-static/transponder check: $180 6. Altimeter failed during #5: $750 Several other problems that we haven't fixed yet, but will need attention. For the money we spent, we thought we should be able to get something closer to perfect, but it wasn't in the cards. Vic |
#9
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On Wed, 11 Aug 2004 11:50:27 GMT, Jon Kraus
wrote: I am looking into purchasing my own plane... I think that I am pretty aware of the costs (as much as a non-owner can be). I would like to hear from those of you who have unfortunately have had a bad (expensive or otherwise)experience with a plane purchase. I will also post for good experiences. Thanks !! I had a bad experience. I purchased a complex plane that looked good, and had a good pre-buy inspection (2 days) by a mechanic I trust. 260 hrs SMOH by a local shop, good compression, decent radios, and the logs looked good etc, etc. There were a few squawks that were fixed right away and I thought things were good. Six months after purchase I took a trip out west and on the way back the #3 jug came loose. (All the nuts/studs on the bottom of the cylinder were gone.) Landed in Co (AKO) and had the engine removed and shipped to a local (to me) shop with a good reputation for repair. Upon tear down the shop determined that the wrong pistons were installed (O-320 pistons in an O-360) a bolt at the accessory drive was missing, the nuts on the cylinder studs were mis-torqued, and other assorted items had not been properly done at the last overhaul. I opted for a complete overhaul at that time with all new cylinders/pistons etc. I went out with my mechanic and we installed the engine and started back east. I did 3-4 circuits well above pattern altitude and turned east. A few minutes later I experienced an engine over speed, turned around and landed. The prop shop determined later that the governor had been misassembled at the last overhaul. This was repaired and the flight home was uneventful. At the next annual I decided to get the prop and governor overhauled by a different shop. The prop hub and one blade failed inspection so I opted for a new 3 blade. At 130 hours after the 2nd engine overhaul I found metal in the filter, and when the engine was disassembled #1 cylinder had most of the boss that the wrist pin goes thru missing on both sides. Further inspection discovered that the wrist pin had broken right in the center of the con rod. Off came the engine and it was sent back to the overhaul shop. So, the unexpected out of pocket cost so far: Engine overhaul ~$13k New prop and governor overhaul ~$8k Governor overhaul and prop inspection due to metal in the oil $1300 Engine tear down, repair and R&R ~$4.5k estimated This adds up to over $26,000 on a $52,000 purchase. I have spent significant $$ on avionics, and preventative maintenance that I have not included since this money was my decision to spend. In the last 2.5 years there have been less than 200 hours on the plane. It just is not airworthy very much of the time. Lessons learned? Well, if I were to do it again I would never buy a plane that had a field overhauled engine. I would insist on one that was done by a major shop. A good pre-buy is a must, but don't count on it finding all that could be wrong. And finally make sure that you have plenty of $$ in case things go bad..... j |
#10
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Jon Kraus wrote in message .. .
I am looking into purchasing my own plane... I think that I am pretty aware of the costs (as much as a non-owner can be). I would like to hear from those of you who have unfortunately have had a bad (expensive or otherwise)experience with a plane purchase. I will also post for good experiences. Thanks !! Jon Kraus PP-ASEL-IA (possible Mooney buyer) Howdy, Mine was a 66 M20E If I was going to do it again, I wouldn't bother with a buyers agent. The sales process is about 3 pieces of paper, and a sales contract. Definately not worth the percentage. The prepurchase: BE THERE, and ASK QUESTIONS! Don't even think about proceeding unless the guy doing the prepurchase is recommended by another Mooney owner. They are simple for complex aircraft, but the stuff that fails is different, and just as expensive to fix. Joe cessna-wrench is not going to check everything that needs to get checked. Have a pre-purchase contract, and then work an annual into the deal. The planes going to be all apart anyway, might as well complete the job. Logs. All of them. ALL OF THEM. I was niave, and didn't know there was supposed to be a prop log too. Worthless (assorted creative explitives deleted) buyers agent didn't say a word about it. Prop came off for annual and the mechanic told me there was evidence of a prop strike. Nothing in the airframe log about it, no wonder there was no prop log. The prop TSO is a bigger deal than you might think. The existing blades may or may not be salvagable at the next overhaul. Several grand will be in play when all is said and done. There was an expensive control rods AD that came out a few years ago. STC fixed it. It will save you $100 at least yearly if it has been done. The johnson bar gear is the best LG system in the world IMHO. But double check the light. It is possible to get it in the -down- position and NOT locked. You have to jiggle it when this happens, and more than one person has collapsed a gear because they didn't double check the light. Have a hell of a war chest. I'm not kidding. It doesn't take much to go wrong for that thing to eat you alive. The long term ownership costs quoted are capitalized over years. But expect 75% of the next five years costs to show up in years 1 and 2. I would go with the F model with the johnson bar gear if I was back in the market. I think that is the best payload/performance/features combination, with the Super21 being next. Most of the later models are really 2 place aircraft until you get over the six digit mark. I like the brittain autopilot. Some folks don't, until they are knee deep in it and getting behind the curve. Then they are glad they have it too. Performance is awesome. People who complain about the ailerons haven't figured out what the rudder is for yet. Get a Mooney specific instructor. There are a couple instructors around the country who train in Mooney's specifically. Don't expect a brand C driver at your local patch to help you learn all the nuances of this thing. He will train you WRONG, which is the reason why so many people whine about how hard they are to land. They fly an orange like an apple and get miffed when their landings don't squeek. Figure the insurance companies dual into your numbers. Mine required 20 hours, regardless of the fact that I already had my license. Which was good, because it does take a bit to learn how to talk to her. You will become a master of the forward slip, especially when landing over the proverbial 50 ft tree. She can descend like a meteor with a little skill. Kindof neat staring at the numbers through the hamburger window. -Hope that helps! -Matt |
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