What would you buy with a 50k budget?

I have a hunch that the market is bad enough that you will be able to
get a much better plane for $50K than many are suggesting.

I think they would be really hard to sell right about now.

So many of the planes that seem to be too expensive for you will
still be sale when you are flying around in yours! Their owners
haven't
grasped what is going on. I'll bet you could buy one for about 60-70%
of
what you are expecting if you were patient; and it wouldn't be a heap.

So I'd pick the airplane that would meet your needs that you could
get a really good deal on. It wouldn't matter a lot what brand it
was.

I have seen project airplanes suggested. Only buy one of those
if you want a project.

And, BTW, I wouldn't buy a Bonanza older than H-35. Too many
speciality problems to know about. They can be a great deal if you
are really expert; otherwise, you could drown in AMUs spent.

Bill Hale



On May 17, 5:24 am, Kirk Ellis wrote:
> A fellow pilot/friend and I have been knocking around the idea of
> doing a 2-way partnership on an aircraft next summer. I have had my
> ticket since 1998 although I have only 150 some odd hours total. My
> friend has about half that. Relatively speaking we still consider
> ourselves newbie "students" but have this overwhelming desire to
> become the best pilots possible and that requires lots of practice.
>

For example, I just heard of a guy buying this plane:

Cherokee Archer II 3000TT 0 SMOH, nice condition.

Garmin stack including 430. $60K. Not quite in your price range.

Hang in there. You can get a better plane than is being proposed.

BH


On May 20, 12:43 pm, "bill_h...@verigy.com" <33bona...@**********>
wrote:
> I have a hunch that the market is bad enough that you will be able to
> get a much better plane for $50K than many are suggesting.
>
> I think they would be really hard to sell right about now.
>
> So many of the planes that seem to be too expensive for you will
> still be sale when you are flying around in yours! Their owners
> haven't
> grasped what is going on.  I'll bet you could buy one for about 60-70%
> of
> what you are expecting if you were patient; and it wouldn't be a heap.
>
> So I'd pick the airplane that would meet your needs that you could
> get a really good deal on.  It wouldn't matter a lot what brand it
> was.
>
> I have seen project airplanes suggested.  Only buy one of those
> if you want a project.
>
> And, BTW, I wouldn't buy a Bonanza older than H-35.  Too many
> speciality problems to know about.  They can be a great deal if you
> are really expert; otherwise, you could drown in AMUs spent.
>
> Bill Hale
>
> On May 17, 5:24 am, Kirk Ellis wrote:
>
>
>
> > A fellow pilot/friend and I have been knocking around the idea of
> > doing a 2-way partnership on an aircraft next summer. I have had my
> > ticket since 1998 although I have only 150 some odd hours total. My
> > friend has about half that. Relatively speaking we still consider
> > ourselves newbie "students" but have this overwhelming desire to
> > become the best pilots possible and that requires lots of practice.- Hide quoted text -
>
> - Show quoted text -

On May 17, 5:24 am, Kirk Ellis wrote:
> A fellow pilot/friend and I have been knocking around the idea of
> doing a 2-way partnership on an aircraft next summer. I have had my
> ticket since 1998 although I have only 150 some odd hours total. My
> friend has about half that. Relatively speaking we still consider
> ourselves newbie "students" but have this overwhelming desire to
> become the best pilots possible and that requires lots of practice.
>
> To that end we think that the best way is to have an aircraft that is
> ready on a moments notice for us. We live in northern Florida and what
> is particularly difficult for us as VFR only pilots is caused by the
> whims of the weather. If we rent, we don't have the flexibility to
> wake up one morning, see that it's not raining or threatening to and
> be able to make the decision then and there to go flying. That's a
> benefit we can't get from the flight school we normally rent from
> which in in our recent experience has been in the Archer III.
>
> So we are going to be looking for a plane that will fit a 50k budget.
> We know we can find a decent 150 or 152 for less than that, and have
> talked about a two seater being adequate for us to gain experience and
> build time. But we also have dreams of doing some cross country flying
> like from JAX to the Keys or we have even dicussed how awesome it
> would be to be able to fly to central Texas where we both have
> relatives to visit. For that, I am thinking a 4-seater would be best,
> and besides there might be some times when we want to go get that $100
> burger with another friend or 2. I think we'd like to go for something
> not any older than say 30 or 32 years..circa 1976 - 1978 or newer.
>
> So we have begun our journey which will hopefully culminate next
> summer with us being able to say we are aircraft owners.
>
> But to the question as indicated in the subject line. What would you
> buy if all you had was 50k and what criteria would you apply to base
> that decision? I know there will be many opinions and that's fine. It
Then I saw a flyer hanging on the bb at KFNL.

63 musketeer, 160 hp Lycoming, 150 SMOH, 2X Mk12Ds, $30K. Looked
fairly good in the picture.

One 430 away from a very decent panel.

Have no idea what the condition is.

Bill Hale


> will be interesting to see what we might be able to afford with that
> budget.
>
> Thanks
>
> Kirk Ellis
> PPL-ASEL
> kaellis@rinkdesignREMOVE_before_FLIGHT.com

I have a '68 Musketeer, 160 hp, two 170's, backup AI, ifr, and am selling
for 20k. 200 smoh. ECI Titan cylinders....

Cheap planes are out there.

"bill_hale@verigy.com" <33bonanza@**********> wrote in message
news:8c5d4de7-5838-41f7-b6ab-8a7bc462ecdf@34g2000hsf.************.com...
On May 17, 5:24 am, Kirk Ellis wrote:
> A fellow pilot/friend and I have been knocking around the idea of
> doing a 2-way partnership on an aircraft next summer. I have had my
> ticket since 1998 although I have only 150 some odd hours total. My
> friend has about half that. Relatively speaking we still consider
> ourselves newbie "students" but have this overwhelming desire to
> become the best pilots possible and that requires lots of practice.
>
> To that end we think that the best way is to have an aircraft that is
> ready on a moments notice for us. We live in northern Florida and what
> is particularly difficult for us as VFR only pilots is caused by the
> whims of the weather. If we rent, we don't have the flexibility to
> wake up one morning, see that it's not raining or threatening to and
> be able to make the decision then and there to go flying. That's a
> benefit we can't get from the flight school we normally rent from
> which in in our recent experience has been in the Archer III.
>
> So we are going to be looking for a plane that will fit a 50k budget.
> We know we can find a decent 150 or 152 for less than that, and have
> talked about a two seater being adequate for us to gain experience and
> build time. But we also have dreams of doing some cross country flying
> like from JAX to the Keys or we have even dicussed how awesome it
> would be to be able to fly to central Texas where we both have
> relatives to visit. For that, I am thinking a 4-seater would be best,
> and besides there might be some times when we want to go get that $100
> burger with another friend or 2. I think we'd like to go for something
> not any older than say 30 or 32 years..circa 1976 - 1978 or newer.
>
> So we have begun our journey which will hopefully culminate next
> summer with us being able to say we are aircraft owners.
>
> But to the question as indicated in the subject line. What would you
> buy if all you had was 50k and what criteria would you apply to base
> that decision? I know there will be many opinions and that's fine. It
Then I saw a flyer hanging on the bb at KFNL.

63 musketeer, 160 hp Lycoming, 150 SMOH, 2X Mk12Ds, $30K. Looked
fairly good in the picture.

One 430 away from a very decent panel.

Have no idea what the condition is.

Bill Hale


> will be interesting to see what we might be able to afford with that
> budget.
>
> Thanks
>
> Kirk Ellis
> PPL-ASEL
> kaellis@rinkdesignREMOVE_before_FLIGHT.com