kevin47881
Final Approach
Good day all. Looked at a '59 172 today and would like comments, both pro and con of ownership.
Here are the details:
TTAF 3,950
SFREM 1630
Continental 0-300-A
Full gyro panel with large venturi (gotta admit it looks like an air horn )
KX155 w/ gs
KI209 indicater w/ gs
Narco AT50A encoded transponder
3 lite marker beacon receiver
Recent paint
New sheepskin over vinyl front seats
Auto fuel STC (and using it)
Minor hail damage on top surfaces pre re-paint
New windshield
Missing log books prior to 1964
No damage history
Going for annual next week (still in annual)
While I realize this is no speed demon, I'm looking for your opinion as this would be our first plane.
The VREF is about $28,200 (includes like new paint and interior) but I did not deduct for the hail damage or missing logs as I really don't know what price to put on those items.
Asking price is $29,500 OBO but after talking with the owner today he seems willing to negotiate. When talking about the taxes for the sale he said "let's run the numbers at $25k". I can assume from that statement he would like $25k out of it.
Your thoughts and exprerience are appreciated.
Here are the details:
TTAF 3,950
SFREM 1630
Continental 0-300-A
Full gyro panel with large venturi (gotta admit it looks like an air horn )
KX155 w/ gs
KI209 indicater w/ gs
Narco AT50A encoded transponder
3 lite marker beacon receiver
Recent paint
New sheepskin over vinyl front seats
Auto fuel STC (and using it)
Minor hail damage on top surfaces pre re-paint
New windshield
Missing log books prior to 1964
No damage history
Going for annual next week (still in annual)
While I realize this is no speed demon, I'm looking for your opinion as this would be our first plane.
The VREF is about $28,200 (includes like new paint and interior) but I did not deduct for the hail damage or missing logs as I really don't know what price to put on those items.
Asking price is $29,500 OBO but after talking with the owner today he seems willing to negotiate. When talking about the taxes for the sale he said "let's run the numbers at $25k". I can assume from that statement he would like $25k out of it.
Your thoughts and exprerience are appreciated.