RMCN172RG
Pattern Altitude
I'm looking for any feedback or other idea's.
The plane is a 172RG 8060 TT 1100 SMOH former trainer and rental at SRQ now based at PHN. All original 1980 Cessna avionics except for a GMA340 intercom.
After 8 months and the first annual we know that the airframe is solid and no major corrosion. So far I've needed a battery, nose wheel (bearing race loose), pilot yoke U-joint. I don't think it likes the cold.
I've added or replaced at my discretion headphone jacks in the back seat, carpeting, plastic door posts, new air vents, EZ heat oil pan heater.
The reasoning for choosing this plane was to get a low cost time builder while I work towards the commercial rating. I also wanted a plane that could reasonably fly PHN to MYR non-stop and have reserves with two people and some luggage.
So now it's time to decide if I should put major additional bucks into it or stay cheap and in another year look at selling it and upgrading that way. I have around $45K into it and current asking range for all 172RGs is 50k-80k. I have not seen a lot selling but last spring was the same only the low end dropped to about 10K less before things started selling in the summer. The high end ones do not seem to sell. I watched one guy part out the avionics and sell the plane sans radios on ebay with no reserve.
My wish list starts with a dual axis Auto Pilot. Followed by a radio upgrade with a 430 being the high end on that scale. Each of those are over 10K so thats 25 - 50% increase in value of the plane which I won't fully recover, I'm guessing half the value at time of sale. At minimum I will probably replace one radio with a KX-155 to get some better functionality.
One option, since so far the 172RG appears to meet my short and long term speed, weight and cost requirements, is to build time in this plane and watch for a lower TT time 172RG, with a mid time engine, better avionics and an Autopilot and do a swap.
The other is to upgrade this one the way I want / can afford it and worry about an upgrade to a different plane when it's time for the next engine overhaul. Which is hopefully another five years away at least.
Your experiences and thoughts are greatly appreciated.
Follow up question. If you owned a plane, sold and replaced it what was the reasoning? Are you satisified with the decision?
Thanks
The plane is a 172RG 8060 TT 1100 SMOH former trainer and rental at SRQ now based at PHN. All original 1980 Cessna avionics except for a GMA340 intercom.
After 8 months and the first annual we know that the airframe is solid and no major corrosion. So far I've needed a battery, nose wheel (bearing race loose), pilot yoke U-joint. I don't think it likes the cold.
I've added or replaced at my discretion headphone jacks in the back seat, carpeting, plastic door posts, new air vents, EZ heat oil pan heater.
The reasoning for choosing this plane was to get a low cost time builder while I work towards the commercial rating. I also wanted a plane that could reasonably fly PHN to MYR non-stop and have reserves with two people and some luggage.
So now it's time to decide if I should put major additional bucks into it or stay cheap and in another year look at selling it and upgrading that way. I have around $45K into it and current asking range for all 172RGs is 50k-80k. I have not seen a lot selling but last spring was the same only the low end dropped to about 10K less before things started selling in the summer. The high end ones do not seem to sell. I watched one guy part out the avionics and sell the plane sans radios on ebay with no reserve.
My wish list starts with a dual axis Auto Pilot. Followed by a radio upgrade with a 430 being the high end on that scale. Each of those are over 10K so thats 25 - 50% increase in value of the plane which I won't fully recover, I'm guessing half the value at time of sale. At minimum I will probably replace one radio with a KX-155 to get some better functionality.
One option, since so far the 172RG appears to meet my short and long term speed, weight and cost requirements, is to build time in this plane and watch for a lower TT time 172RG, with a mid time engine, better avionics and an Autopilot and do a swap.
The other is to upgrade this one the way I want / can afford it and worry about an upgrade to a different plane when it's time for the next engine overhaul. Which is hopefully another five years away at least.
Your experiences and thoughts are greatly appreciated.
Follow up question. If you owned a plane, sold and replaced it what was the reasoning? Are you satisified with the decision?
Thanks