Bought an airplane today

Discussion in 'Flight Following' started by alfadog, Oct 11, 2019 at 8:33 PM.

  1. alfadog

    alfadog En-Route

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    So my friend has two airplanes, both were out of annual, and little cash. I got the American Yankee through annual last September and he was supposed to sell it but never did. Then he had a prop strike. While fixing that last month, the annual ran out. I did the prop strike and the 100-hour (my IA will come behind me and just inspect) on the "pay me when you sell" basis. I even fronted the cost of the prop. Like I said, a friend. Now it looks like the Yankee might need a cylinder. He was at his wits end and I did not feel like fronting up any more money so I made him an offer. $14,500 as-is less what he owed me if he would take $1k/month. He was happy to take that offer.

    The airplane just needs some love (compound, touch-up paint, that sort of thing). It flies very nicely. $14,500 is just an OK price for it with the iffy cylinder, IMO, but I do not have cash either though I do have nice steady retirement income. This way I get an airplane that I enjoy flying.

    The other airplane is a 1964? Cherokee 140.

    IMG_20190328_113310311 (1).jpg
     
  2. Unit74

    Unit74 Ejection Handle Pulled

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    C’mon now.... you know the rules.


    Panel pics or it’s fake news!
     
  3. alfadog

    alfadog En-Route

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    Panel sucks. Has a radio.
     
  4. Unit74

    Unit74 Ejection Handle Pulled

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    I know a guy ..... goes by Jessie.... @JessieSaint. He’s local round those parts. Heard he has an elixir that makes tired panels feel 40 years younger.
     
  5. alfadog

    alfadog En-Route

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    It has a nice 6-pack and a new vacuum pump. Indicator is just L/R, no GS but it has no nav radio anyway, just a single comm.
     
  6. AKBill

    AKBill Pattern Altitude

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    As long as you are happy with the purchase all is good. Figure $800 for the cylinder and 8 hours work. Still not a bad price.. Have fun with your new plane...:thumbsup::thumbsup:
     
  7. Salty

    Salty En-Route PoA Supporter

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    Yeah, Dunnellon is only 250 miles from Miami.
     
  8. Ryanb

    Ryanb Touchdown! Greaser! PoA Supporter

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    Cool! Good luck with it!
     
  9. MBDiagMan

    MBDiagMan En-Route

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    You should have bought a red one.
     
  10. Unit74

    Unit74 Ejection Handle Pulled

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    That’s local in plane talk, ya know....
     
  11. alfadog

    alfadog En-Route

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    Especially since I do the work :)
     
    AKBill likes this.
  12. GRG55

    GRG55 Final Approach

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    This is a nice story. An airplane that needs some TLC now in the hands of an owner that has the knowledge and interest to give it exactly that.

    I think every time you go flying you'll land with a grin!

    More pictures!
     
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  13. alfadog

    alfadog En-Route

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    PS, I think that "elixir" is made of green paper, isn't it? What do you do, chew it?
     
  14. wrbix

    wrbix Pattern Altitude

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    Buon per te!
     
  15. jd21476

    jd21476 Pre-Flight

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    Very nice. I just bought the same plane 2 months ago. Mines a 1976 flies great, pretty fast.
     
  16. jaxcessnadriver

    jaxcessnadriver Pre-Flight

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    Very nice!! I was temped to inquire when I saw it listed on Controller earlier this year.
     
  17. Twin_Flyer

    Twin_Flyer Cleared for Takeoff

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    Congratulations!!! :cheers:
     
  18. unsafervguy

    unsafervguy Pattern Altitude

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    No, you put it In a nice big stack and Jesse gives you an awesome panel.
     
  19. GRG55

    GRG55 Final Approach

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  20. frfly172

    frfly172 Touchdown! Greaser! PoA Supporter

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    Congrats if your happy with the price ,it’s a good deal.