I have located a plane that has what looks to be an excellent low time, all original airframe with some nice avionics in it, but it has a high time engine. Here are the known info on the engine;
It was a factory new Lycombing engine in 2000. After about 1300 hours, it developed low compression on one cylinder. They pulled it and determined the cam looked good, so the owner opted to redo all four cylinders. The bores were redone at Penn Yang and installed by the local A&P with new rings but original in spec pistons. The engine is now at a little over 1700 hours. Compressions are reported to be high and oil consumption low. (one quart per 10 hours) In my inexperienced mind, this engine is still only 300 hours from needing major money.
The problem is, the overall price of the plane is higher due to the very nice airframe and avionics. I can make this plane meet my stated mission goals with in budget in all perameters except one, a mid time or lower engine. Is it wise to run an engine past TBO? Because this engine has a somewhat reconditioned top end and has been inspected only 400 hours ago, is it reasonable to expect to push it past TBO with confidence? I really don't want to spend enough to get the plane I want it AND buy a new engine in about 3-4 years. What I should I do? To see this plane requires a trip well out of the way and I'm going to Texas this weekend where it is and have limited time, so I need to make up my mind.
Thanks for the help.