What would you buy with a 50k budget?

RST Engineering wrote:
This is a good time to buy, the airplane market being somewhat depressed.

valuable wisdom clipped.

That has got to be the best dang post I have ever seen here.

Thanks for your time, Jim.

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Kirk Ellis wrote:
On Wed, 21 May 2008 14:03:51 GMT, "Jay Honeck"
wrote:

Get new friends.

Lou
A textbook example of lateral thinking.
Yes, but that doesn't make it any less true...

:-)

BTW: I'm in the process of starting a new flying club in Iowa City. It's not
hard to do, although it helps to know a bunch of pilots.


This area needs a flying club and it would be fun to start one here.
But if an idea or a product does not exist it's either because no one
has thought of it or made the effort, or someone has tried and
discovered that it isn't viable due to market forces.

Kirk

There is a third reason.

Change in the market. In this case there may be a lot of pilots that
would love to fly a little but either they have airplanes that are great
for one type of flying but not for another.

El Dorado Arkansas is a perfect example of this. There are hangers full
of 182s and larger Cessnas, Pipers and Bo & Barons. They are mostly
owned by older oil guys that can well afford to fly them all they want
and do fly them to Colorado and Florida for vacation and on the
occasional trip to visit the grand or great grand kids.

What they do the rest of the time is come out to the airport, sit in the
old Lazy-Boys that their wives long ago made them take out of the house
and bitch about how it just isn't fun to fly anymore. Which they don't
really believe because they come down to the hanger where I'm building
my 601XL and all they can talk about is how much fun it will be to fly.
Add to that almost all of them live in fear of their next medical
because at any given time about half won't pass.

What they need to do is to get together and sell all but one or two of
the big planes and take that one or two and sell or lease it to a newly
formed club and take some of the money they make from the other sales
and buy an Ercoupe, Cub or one of the new LSAs.

This would have the side benefit of having a club that new and student
pilots could join and learn to fly which is El Dorado doesn't have now
as we also don't have FBO that rents or teaches.

RST Engineering wrote:
I'm just sort of curious, Mike. What is there on a 1958 airplane that is
going to break after 500 hours flying it that isn't going to break on a 2008
airplane after 500 hours flying it. No handwaving. Point to parts.


This is a good point. 18 years of ownership have taught me that airplanes
from the 70s/80s have about the same maintenance requirements as planes from
the 50s/60s. Once a plane is more than a decade old with a few thousand
hours on the clock, maintenance requirements are more affected by how it has
been treated, rather than its chronological age.

John Galban=====N4BQ (PA28-180)

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For example, I just heard of a guy buying this plane:

Cherokee Archer II 3000TT 0 SMOH, nice condition.

Garmin stack including 430. $60K. Not quite in your price range.

Hang in there. You can get a better plane than is being proposed.

BH


On May 20, 12:43*pm, "
wrote:
I have a hunch that the market is bad enough that you will be able to
get a much better plane for $50K than many are suggesting.

I think they would be really hard to sell right about now.

So many of the planes that seem to be too expensive for you will
still be sale when you are flying around in yours! Their owners
haven't
grasped what is going on. *I'll bet you could buy one for about 60-70%
of
what you are expecting if you were patient; and it wouldn't be a heap.

So I'd pick the airplane that would meet your needs that you could
get a really good deal on. *It wouldn't matter a lot what brand it
was.

I have seen project airplanes suggested. *Only buy one of those
if you want a project.

And, BTW, I wouldn't buy a Bonanza older than H-35. *Too many
speciality problems to know about. *They can be a great deal if you
are really expert; otherwise, you could drown in AMUs spent.

Bill Hale

On May 17, 5:24*am, Kirk Ellis wrote:



A fellow pilot/friend and I have been knocking around the idea of
doing a 2-way partnership on an aircraft next summer. I have had my
ticket since 1998 although I have only 150 some odd hours total. My
friend has about half that. Relatively speaking we still consider
ourselves newbie "students" but have this overwhelming desire to
become the best pilots possible and that requires lots of practice.- Hide quoted text -

- Show quoted text -

On Sun, 18 May 2008 15:34:28 -0700, Bob Fry wrote:

Jim is right, you just don't know it yet. The vast majority of people
do not want advice even when they ask for it. They want to be
affirmed with a decision already made. You've decided to quit. But
you don't want the burden of that decision so you're placing it on
this ng, on price, cost, your wife, your boat, whatever.

Brother, have you got that right. The first time someone asks my
opinion, and I know that I am right, get ignored, it's the last time i
make any effort with that person. they can take their friggin games
playing and waste someone else's time.

These people play on egos, they know that they will get responses and
they don't give a **** about you or your time or your response.

On Tue, 20 May 2008 11:43:55 -0700 (PDT), wrote:

I have a hunch that the market is bad enough that you will be able to
get a much better plane for $50K than many are suggesting.

I think they would be really hard to sell right about now.

Your partner might just be that plane seller too. Ask, many could still
aford 1/2 0r 1/3rd
--
Tel (239) 732-8660
Toll Free 1-888-732-8660
Christoph A. Zierhut, Real Estate Broker ABR®

JGalban via AviationKB.com blithered dramatically whilst picking the
gonad hairs from his teeth once fluffy on the testicles of his retaded
son :
RST Engineering wrote:
I'm just sort of curious, Mike. What is there on a 1958 airplane that is
going to break after 500 hours flying it that isn't going to break on a 2008
airplane after 500 hours flying it. No handwaving. Point to parts.


This is a good point. 18 years of ownership have taught me that airplanes
from the 70s/80s have about the same maintenance requirements as planes from
the 50s/60s. Once a plane is more than a decade old with a few thousand
hours on the clock, maintenance requirements are more affected by how it has
been treated, rather than its chronological age.

John Galban=====N4BQ (PA28-180)

Much too sweeping of a statement. Age of avionics, any other
electromechanical device, consider age related metal fatigue/failures,
quality of rebuilds........the older the greater thechance for misuse.

TROLL ALERT !! TROLL ALERT !!
Kirk Ellis explained on 5/18/2008 :
I have seen those ads,

Kirk Ellis explained :
NewsReader : Forte Agent 4.2/32.1118
Newsgroups : rec.aviation.owning

TROLL TROLLTROLL

fLY WITH A SENIOUR HE KNOWS HOW TO STAY ALIVE!Margy Natalie brought
next idea :
Never fly anything younger than you are, someone has to have experience :-)