Re: 152 for sale, wow! Not mine just reposting | Joined: Jul 2004 Posts: 20,861 Likes: 1825 Member/20,000 posts | Member/20,000 posts Joined: Jul 2004 Posts: 20,861 Likes: 1825 | Just not fiscally prudent. Oh my.......does the term "fiscally prudent" even apply when it comes to airplanes??
Cessna 150/150, N2259M - Mighty Mouse
| | | Re: 152 for sale, wow! Not mine just reposting | Joined: Mar 2011 Posts: 542 Member/500+posts | Member/500+posts Joined: Mar 2011 Posts: 542 |
Mike Hamelly
| | | Re: 152 for sale, wow! Not mine just reposting | Joined: Jun 2016 Posts: 3,201 Likes: 288 Member/2500+posts | Member/2500+posts Joined: Jun 2016 Posts: 3,201 Likes: 288 | Future resale value for a 152 will certainly increase if the new LSA weight rules are ratified. Even if not, I personally think the lower total cost of ownership of a 2-place aircraft like a 150 or 152 over the entire period of ownership vs a 4-place 172 will more than offset any difference in resale value you might see. It all boils down to your mission, and whether or not you can afford and are willing to pay the additional cost of owning a larger, slightly faster airplane.
There's a pilot at our field that owned an RV-10, also owns a Bonanza and a Sundancer LSA motorglider. He sold the RV-10 a couple years ago and mainly only flies the Bonanza, but the insurance on it is really getting him. He's kicking himself for selling the two-seat RV-10 and keeping the 6-seat Bonanza, all because the TCO is so much higher. But it trues out at 160+ knots.
States I landed in N63420 while she was mine: KDCY "And once you have tasted flight, you will walk the earth with your eyes turned skyward, for there you have been, and there you would return." - John H. Secondari, American TV Writer, 1965 | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Sep 2006 Posts: 8,769 Likes: 296 Member/7500+posts | Member/7500+posts Joined: Sep 2006 Posts: 8,769 Likes: 296 | You are probably right, Mike, for a business aircraft. But for most aircraft flown for personal travel/recreation, I doubt it . At least for ours, it certainly is not fiscally prudent! | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Jul 2013 Posts: 5,693 Likes: 747 Member/5000+posts! | Member/5000+posts! Joined: Jul 2013 Posts: 5,693 Likes: 747 | If the goal is to acquire the maximum money out of life, airplane ownership is a big loser. Boats are even worse. If the goal is to live a life rich in experiences, aircraft ownership is good value. | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Sep 2006 Posts: 8,769 Likes: 296 Member/7500+posts | Member/7500+posts Joined: Sep 2006 Posts: 8,769 Likes: 296 | I agree with you Geoff! Money is only beneficial in the way you spend it. | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Mar 2019 Posts: 241 Likes: 36 Member/100+posts | Member/100+posts Joined: Mar 2019 Posts: 241 Likes: 36 | If I told you guys/gals how much money I have put in my Aerobat since buying it last year and redoing the panel and the Sparrowhawk Conversion you would kick me off this website | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Mar 2013 Posts: 2,248 Likes: 127 Member/1500+posts | Member/1500+posts Joined: Mar 2013 Posts: 2,248 Likes: 127 | If I told you guys/gals how much money I have put in my Aerobat since buying it last year and redoing the panel and the Sparrowhawk Conversion you would kick me off this website Apparently you don't know Jim Hillabrand!!! Or Ed Figuli!! Or any number of other members
Last edited by Eric_Peterson; 09/13/19 06:40 PM.
1968 150H C-FCUT
| | | Re: 152 for sale, wow! Not mine just reposting | Joined: Dec 2003 Posts: 24,835 Likes: 763 Member/20,000 posts | Member/20,000 posts Joined: Dec 2003 Posts: 24,835 Likes: 763 | If I told you guys/gals how much money I have put in my Aerobat since buying it last year and redoing the panel and the Sparrowhawk Conversion you would kick me off this website Apparently you don't know Jim Hillabrand!!! Or Ed Figuli!! Or any number of other members If Cindy knew how much money Jim "really" spent on his airplanes, she would kick him out of her house | | | Re: 152 for sale, wow! Not mine just reposting | Joined: Aug 2010 Posts: 5,049 Likes: 198 Member/5000+posts! | Member/5000+posts! Joined: Aug 2010 Posts: 5,049 Likes: 198 | Hung the real secret is that they are really Ms Cindy’s planes. She just lets Jim wash and clean them. And occasionally fly one.
Good wife, good friends & a Cessna 150. Life is good. Terry Monday 1976 C150M N9463U Greenville, NC
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