Buy it. Buy it. Buy it. . .

Discussion in 'Flight Following' started by Sundancer, Nov 3, 2022.

  1. Jdm

    Jdm Line Up and Wait

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    I’d buy it, but that’s speaking from someone who plans to own and fly no matter what. I’m gonna fly regardless of all sorts of things, economy, insurance, age, etc. If I’m in good health, guess what? I’m going to fly my happy arse off!

    I bought one just over 18 mo ago. 1981 A36. The airplane market was high, but I found a sweetheart. It’s actually gone up considerably in value since the purchase. Crazy, I didn’t expect that!
    Bought one in 2000. 1975 C172. It was excessive because we had young kids then. Now it’s worth 4 times what I paid. Yes, I still have it.
    Bought in 1988. 1964 C150. I couldn’t afford it out right. The seller let me pay half down and make monthly installments. All based on a handshake. He ended up being one of my best friends and I miss him now. Made a 30% profit on that one when I sold it 5 years later.
    Bought in 1986. 1947 Stinson 108-1. (See my pic on the top left) There’s no way I could afford it. I was in A&P school. Bought it out of a salvage yard with a small bank loan. Couldn’t even fly it until I got my A&P license and signed it off in 1987. Should have kept it but someone made me a great offer after only putting a dozen or so hours on it.

    None of these decisions wold have received a financial planner’s approval. Good thing I didn’t care. Each of them brought joy to my life. Yes, I studied my decisions to purchase, but I never micro analyzed the market or my balance sheet. I’m gonna fly and work on my airplanes until I can’t do it anymore. Period! Too many people pass on the stuff they love and regret it later.
     
  2. DavidWhite

    DavidWhite Final Approach

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    Why worry about retirement when if you’re under 40 you’ll probably never get to enjoy it anyways. Might as well buy the plane!
     
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  3. Sundancer

    Sundancer En-Route

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    Widowed now, unfortunately. 41 good years. But she would have told me to not waffle and go for it.
     
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  4. Half Fast

    Half Fast Touchdown! Greaser!

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    Sundancer likes this.
  5. Sundancer

    Sundancer En-Route

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  6. Half Fast

    Half Fast Touchdown! Greaser!

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    Apparently old guys flying Stearmans are appealing to young lasses.....
     
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  7. Ed Haywood

    Ed Haywood Pattern Altitude

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    Economy only matters if you depend on it for future income. 401k balance only matters if you plan to withdraw it to pay for the plane.
     
  8. SoonerAviator

    SoonerAviator Final Approach

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    Works great until you clip powerlines while flying low over the water and drop the young lass into a lake . . .
     
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  9. Rcmutz

    Rcmutz Line Up and Wait

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    Grummans…. Did someone say Grummans? I’ve owned a Cheetah or Tiger since 1999, let me know if you have questions.
     
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  10. aftCG

    aftCG Line Up and Wait

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    So why did you come here and ask? She said "buy the plane".
     
  11. texasclouds

    texasclouds En-Route

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    Did Op splash the cash yet???
     
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  12. Pinecone

    Pinecone Cleared for Takeoff

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    LOVE the Tiger. Did my PP in Tigers.

    I looked at them when I was looking to buy, but not many on the market then.
     
  13. Half Fast

    Half Fast Touchdown! Greaser!

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    I spent time shopping for a Traveler before buying my Beech. @SixPapaCharlie gave me a ride in his and I really liked the plane. Unfortunately it was hard to find a good one for sale. A Cheetah or Tiger would have been even better, but the ones I found were quite pricey. It's a great family of planes, though, and I love the sliding canopy.
     
  14. catmandu

    catmandu Pattern Altitude

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    All you peeps saying "my plane" need to make a concerted effort to say "our plane" if the situation warrants. I have done such recently, and it pays dividends, trust me. :happydance:
     
    Last edited: Nov 15, 2022
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  15. Pinecone

    Pinecone Cleared for Takeoff

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    Just looked online and there are a few Tigers. But the panels are 1980s. No HSI, sometimes no GPS. And a couple without ADSB.

    And at "interesting" prices.
     
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  16. Morgan3820

    Morgan3820 En-Route

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    You deserve a plane of your own. You have worked hard, saved your money. Go get what you want.
     
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  17. Sundancer

    Sundancer En-Route

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    Nope. Still sitting on the money. . .connecting with more guys locally (I'm kinda new to the area); will hit the EAA chapter nearby this Saturday. Goodly number of Cheetahs and Tigers are on the market in my budget range, most with with older avionics - seeing a lot of GX55's and I'm figuring $7K - $10K to replace one of those with a modern box. I don't mind the older Century APs.
     
  18. MooneyDriver78

    MooneyDriver78 En-Route

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    3. If you are going to travel, I doubt club membership would be happy if you took a plane for a couple of weeks.
     
  19. Sundancer

    Sundancer En-Route

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    Cheetah - coming up short on TBO because engine cooling is inadequate? Some reading blames it on crappy baffling plus the too-tight cowl. Glazing, etc.? Your experience?
     
  20. 172andyou

    172andyou Line Up and Wait

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    Yup. That's what #1 is about. :)

    The club I was in let me take a 172 for two weeks multiple times, so availability wasn't a concern. There are plenty like that, BTW.
     
  21. Rcmutz

    Rcmutz Line Up and Wait

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    I haven’t had any issues. Good baffling and proper breakin is the key. I replaced cylinders on my Cheetah to get the HC STC. Breakin went fine. No issues when boroscope over the first 200 hrs before I sold her to buy my current Tiger.
     
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