An aircraft from the late 70's has its original 0-320 engine, about 1800 hours on it. It's 3+ decades past calendar TBO, and about 200 hours till recommended hours for TBO. The airplane is discounted about $10K. My SWAG is $20-30K to put the engine right, depending on what's good (or bad) at overhaul.
My knee-jerk reaction is to assume the engine needs overhaul soon, regardless of pre-buy, and I should offer $10K less than asking. I know it's likely I won't get the engine done for $20K, but if I fly it on condition it could always go well past 2,000 hours.
Flaws in my logic?
My knee-jerk reaction is to assume the engine needs overhaul soon, regardless of pre-buy, and I should offer $10K less than asking. I know it's likely I won't get the engine done for $20K, but if I fly it on condition it could always go well past 2,000 hours.
Flaws in my logic?