Club Homepage Forums Classified Ads Buy & Sell - Everything But Airplanes Buying a 150

I'm in the process of trying to locate a 150 for purchase. Today I looked at a 1966 c150 with 3800 on the airframe, 1970 since SMOH and 1000 since STOH, 2 year old paint, interior 8/10 new vinyl, new tires, 2 new magnetoes, VFR only, new transponder, carb heat gauage, one VOR. Ran strong, nice looking airplane, always hangered, she's asking $14,000. Any suggestions or opinions would be appreciated. Thank you. Clyde Downs
PS It's a little tight, I'm 6"4' 200 lbs.

I can sure see the temptation.

With this high engine time, a big question is how often has it been flown? Frequent flight can keep an engine healthy. I've heard some say 100 hours a year is NOT ENOUGH to keep a plane healthy. (I hope that's wrong, 'cause I'm doing good to get up in the air 50 hours a year).

Clyde

Welcome to the forum!

personally, that's high - in this market a 150 with an engine that close to TBO is a good reason to reduce the cost or find a different aircraft.

Not sure where you're located, but you'll soon find this forum and its members will go a long way in assisting you in looking - including an objective voice in what you see.

That is too much money (my opinion). I was asking that much for mine (1750 SMOH and 650 STOH, nice airframe) before I found a problem with the engine. This one is almost 200 hours past TBO with 1000 hours on the top end. I wouldn't expect much more than 200 hours left on the engine. And that is if it is in good shape. Plan on doing an overhaul if you buy it. Might be sooner, might be later.

Sounds like it will be nice plane once the engine is done. It will not be easy to sell like it is, though.



Starting in 1967 (150-G), the cabin is 3 inches wider.


Welcome to the club and good luck! Ask lots of questions before buying.....

Me, too!


More or less...

Bengie-

You are not tall....

You're just a stretched-out munchkin!

That's true.

See, Bengie is in realty 5'4", 128 lbs.

It's the carnival mirror he carries with him.

Clyde,

Big, huge welcome! Stick around and pull up a chair. Hey, I'm 6' nuthin and have been as big as 240 and the 1967 G with the 3 extra inches was snug. In fact, we targeted that model year and up just for the extra wiggle room.

There's a lot going for this plane, a huge part of which is the new mags, new exterior/interior and some new avionics.

So all of it sounds great, IF you are prepared for a couple of things:

A) putting at least a grand or two into her the first year to get the mechanical things that you will find taken care of; and

B) overhauling the engine soon.

The first year of ownership of an average '67G I bought with a partner for $19,500 with 150 SMOH on it cost us every nickle of $5000 for taking care of item A) above. Fortunately, we didn't need to be concerned about the extra $12 - $16k it will cost you to replace the engine. Now, that's not to say that's how much your first year will cost you, but everyone agrees you should have 10% of the purchase price set aside to repair the inevitable stuff that comes up during that first year.

Best of luck and please post your questions, we're anxious to help however we can.

Hey Clyde and Everyone Else,
I hope that I'm not breaking any forum policys here but I have just sent in an add to the club site about selling my 1971 150L.
I don't think it has been posted as of yet and I was unsure if it's proper to mention it here on this forum. But if anyone is
interested I will gladly forward you additional info. Contact
me at redmond478@yahoo.com
Thanks
Andy Redmond

Well you're starting off right with a name like Clyde!!!