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Everything posted by jetdriven
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"you take a risk that it didn't get put back together properly or something got broken in the process." Take a big enough deposit to mitigate that. And call the buyer's shop and get a feel for if he knows wtf he is talking about. Google reviews help too, here. Get a copy of his COI, read that too. "you get to find out whether it's still in one piece or not." take a deposit big enough to pay for putting it back together, too. It should also say that in the sales contract as well. "the next independent" mechanic finds some disaster left by the previous one and then it just kind of snowballs." Umm that would be your mechanic who left this disaster. It was your problem regardless if it was for sale or not. Perhaps the buyer shouldn't look too hard, and then pay to fix that at the first annual?
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We might as well start saying that airplanes that haven't been resealed in 15 years we should deduct for that $11,000 too, and if the engine and prop are past 12 years old, those are automatically core value. I'm not saying don't deduct for condition. I see a lot of leaking fuel tanks, just none of theM are bladder airplanes. however, we have a plane in the shop right now that the pre-buy, managed by savvy even, completely omitted the fact that it has original 2005 airbag seatbelts which are now well timed-out and I just got the price for the stuff it's over four grand. That and the $1500 turbo clamp. And the ships battery that failed a capacity test in pretty spectacular fashion.. 35%. That's another 900 bucks. TKS fluid dripping inside the wing from a leaky manifold o-ring seal. , and there's several spots where it's pouring out, nobody mentioned that really either. Stuff in plain daylight that was missed.
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The torque on these is 70 inch pounds and they strip out at 72 inch pounds.
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State of single engine prices - Thoughts?
jetdriven replied to WildBlue's topic in General Mooney Talk
so do you think there's no solution for this or is there some kind of additional training that will? -
I've had clients supplied a contract written by a broker and it's so one-sided they'll probably be better off with no contract at all.
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State of single engine prices - Thoughts?
jetdriven replied to WildBlue's topic in General Mooney Talk
We got a little bit of an insurance break for the MAPA PPP clinic, but it did not cover the $800 cost of the clinic. Now I'm not trying to discourage going, I think it's a really great idea it's just that insurance companies don't value it at the amount it costs -
There must have been more than the cotter pin left off as the wheel bearings are retained by a dust washer stack and a snap ring. And the outer wheel bearing can't fit through the wheel to stay on the axle if the wheel comes off.
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I can see the need for a contract to protect both parties. Ive had buyers all lined up for a prebuy here, set aside the time, and shop space for it, and have the seller ghost them because someone else offered 500$ more, or offered to skip the prebuy altogether. I had one broker insist we do the prebuy there in NY state at his shop and he ghosted us 5 days before. We nevr did get the last two years of logs or current photos. The more I asked the broker, the quieter he got. I think the plane was likely not in as stated condition. He should have been upfront about it. For the seller, there are some things they need too. Like an assurance the aircraft expenses for transport, the pilot services, and the work authorized by the buyer is paid by the buyer. That no loggab le work or anything thats expensive is done without either seller having title or the owner specifically authorizes it. And take a big enough deposit to buy down that risk. Also so the buyer doesnt ghost the seller who took the time to arrange the aircraft to be inspected. The last one we had, we got by without a contract. But both the buyer and seller were from here and I was the mediator. I assured both parties most of what I wrote above, they both trusted each other and me and it went fine, but I'd rather they had a good contract between them, in case something went sideways.
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Speedbrakes failed after only 31 years of use
jetdriven replied to BobAustin's topic in Modern Mooney Discussion
i hear tinfoil straightens pretty easily -
it takes it from 54 to 64. believe it or not there have been lots of times a 64 gallon plane would skip a fuel stop, or make it one stop instead of two. now with random 8$ gas, finally were doing it. this plane came with them, and they've never been worked on. i havent had to work on anyone else's either. but about 20% of mooneys we work on have fuel leaks.
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Speedbrakes failed after only 31 years of use
jetdriven replied to BobAustin's topic in Modern Mooney Discussion
I think he also said simplify, then add lightness. I have also heard that LOTUS stands for "lots of trouble, usually serious. " -
State of single engine prices - Thoughts?
jetdriven replied to WildBlue's topic in General Mooney Talk
A lot of these so-called appraisals are nothing more than a scam. There used to be an NBAA appraiser software that would take actual sale price comps and create value from that, used by their certified appraisers, but that hasn't been an operation for years. So we have "aircraft appraisers" that basically invent values from thin air. We hired one when we bought our partner out in 2019, and the price was fantasy. 1977 J with new paint, low hour factory engine, speed mods, upgrades, GTN750 with GPSS roll steering, and his "appraisal" was 90k. when asked where he got his comps, he said "Vref". A cursory perusal of Controller and TAP showed these planes were asking 130K or more at that time. Jimmy Garrison has written about this problem, too. There are no standards, no code of ethics, no initial or recurrent training, nothing really. -
Speedbrakes failed after only 31 years of use
jetdriven replied to BobAustin's topic in Modern Mooney Discussion
if you send the rubber bellows maybe we can take a look. Its rubber -
Speedbrakes failed after only 31 years of use
jetdriven replied to BobAustin's topic in Modern Mooney Discussion
Probably. But they arent selling any parts for the kind that are actuated by the rubber bellows. Someone could do well engineering a repair to that bellows. -
Speedbrakes failed after only 31 years of use
jetdriven replied to BobAustin's topic in Modern Mooney Discussion
They don't support spares for The mechanical speed brakes. And the electric SB kit is $7800 and a lot of labor to install them too. -
For sale is a GN750 from my personal aircraft. We installed a GTN750xi and kept this one. It comes with a rack, full install kit including connectors and pins, and log entries showing when it was installed and removed. This unit was working perfectly when removed and it has been stored in my guest bedroom since then. If youre local I can plug it back into my airplane and you can check it out. 12,500$
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Special thank you to Stallings Aircraft Propeller
jetdriven replied to Bartman's topic in General Mooney Talk
Cody definitely has his shit together and it's a first class operation. I've heard that from so many sources I can't even count. -
10$ each https://www.aircraftspruce.com/catalog/pnpages/04-03785.php also. Not a fan of having paint shops “fix” ratted out fiberglass cowling holes. Smearing polyester resin bondo and maybe some kitty hair to hold it together looks great for about a year. Then it all cracks and falls out.
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State of single engine prices - Thoughts?
jetdriven replied to WildBlue's topic in General Mooney Talk
Planes are expensive but so are iPhone 14s, diesel F350s, brand new Mercedes-Benzes and Tesla Model Y’s. 10 grand a week Air BNB’s at The beach, and when you have that third kid and need a Surburban and a 1.3M house in the McLean school district, or private school. Makes 20 grand a year for a plane look cheap. Right along with my paid off 09 3-series BMW with 150k miles on it. There’s plenty of money out there it’s just that people are spending it like crazy. -
Your policy includes a duty to defend. It’s just that anything over 100k a seat is on you. If you have an Avemco policy it’s anything over 100k per person. Which is total bullshit
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I think those sky bolts they call 2800 series. Basically a 2700 with a wider flange. They work great. you’ll need the receptacles. The factory length was a -4. But it can vary a little.
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Those Molex connectors aren’t very tight or robust