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Greetings all, I’m a new private pilot purchasing an older aircraft and useful load is a topic I’ve been giving serious consideration to. In particular, deciding on and allowing for safe margins when considering that I’m purchasing an aircraft manufactured in 1988. What do you guys...

Greetings All, I'm a new private pilot looking to purchase an older aircraft that has existing analog / original 6 pack and outdated avionics on it. I've got approx. $50,000.00 reserved for upgrading the existing avionics system to a new glass panel. Would $50,000.00 be enough?