mschmuff Posted October 17, 2013 Report Posted October 17, 2013 Well - Bad news...the plane is a total loss! Between engine cost, prop, paint, skins, etc - it exceeds the hull value minus the salvage value. So I am without a plane. - What now??? I'm not sure I want to buy another plane right now! It seems so many planes have been sitting around, not flying or people are in denial that values have come down........I was wondering if there is anyone out there who is under-utilizing their plane and would take on a partner? Anyone know of anyone in the MD/DE area. I guess KILG, KEVY, 2W6...... I checked AOPA and that was a waste of time. I figure I would be a good partner, I fly 4-6 times a month. ATP/CFII so insurance would probably come down..... Any ideas??? This 3 hour drive to work is killing me!!!! Quote
rbridges Posted October 17, 2013 Report Posted October 17, 2013 wow. that's too bad about your plane. was it even close damage vs insured value? Quote
David Mazer Posted October 17, 2013 Report Posted October 17, 2013 Sorry to hear this. You have my condolences. Finding an acceptable replacement at the right price in the right condition is a bear for sure. 1 Quote
Seth Posted October 17, 2013 Report Posted October 17, 2013 I'm so sorry they totalled the plane - you had a very nice F. It was good chatting with you last week. Share wise, you may have a chance at two aircraft. Both J's. Once is based at GAI and one at FDK. The GAI bird may have a "deal" to be based elsewhere as the pilot has another airplane as well. The one at FDK has been underutilized the past year (the owner knows it) but may be a posibility. I'll PM you details about both. One is a regular contributor on the board and probably already knows I'm talking about him. Last but not least, for the 3 hours, you may want to take a look at the E model we chatted about that Allan has fixed up - Allan, is it still available? That could serve as the transportation you need until you work something out. We have a lot of Moony's on the east coast, someone may want to have a non equity partner for a while. I also hope you're able to move forward with finding your plane for the next 10-15 years - if not now, soon. Good luck! -Seth Quote
KSMooniac Posted October 17, 2013 Report Posted October 17, 2013 How bad is the damage? You might consider buying the salvage and fixing it...I doubt anything will be damaged inside the engine, even though you have to go through the TDI it might not be awful. I haven't seen pics of the airframe damage, but I can't imagine it being fatal to the plane. If you don't fix it, someone else likely will and put the plane back on the market within a year. Quote
Seth Posted October 17, 2013 Report Posted October 17, 2013 That is a good point - you may want to make the call to the guys at Freeway, W00, 301-262-6544 and ask to speak with Tommy or Bruce to expalin to them your situation. They'd drive right over or fly over to take a look if it's still at FME. -Seth Quote
N601RX Posted October 17, 2013 Report Posted October 17, 2013 How bad is the damage? You might consider buying the salvage and fixing it...I doubt anything will be damaged inside the engine, even though you have to go through the TDI it might not be awful. I haven't seen pics of the airframe damage, but I can't imagine it being fatal to the plane. If you don't fix it, someone else likely will and put the plane back on the market within a year. Probably in less than 3 months and "Logs Show No Damage History" Quote
KSMooniac Posted October 17, 2013 Report Posted October 17, 2013 Probably in less than 3 months and "Logs Show No Damage History" only if it gets repaired in TN... Quote
mschmuff Posted October 17, 2013 Author Report Posted October 17, 2013 You're the man Seth!!!! Do you know everybody???? Quote
John Pleisse Posted October 17, 2013 Report Posted October 17, 2013 The one at FDK has been underutilized the past year (the owner knows it) but may be a posibility. I'll PM you details about both. One is a regular contributor on the board and probably already knows I'm talking about him. Good luck! -Seth Thanks for being discrete, Seth. He is likely referring to me, Mike. I can discuss a partnership, but I actually just came out of three eye surgeries with 20/15 vision, so I am likely to restore normal flying hours and would likely not do a partnership...at least now. Going tomorrow early in the a-m. Should be windy and brisk. PM me if you want to go Mike. Also Seth, what about Chuck Swim's ownership group in N57663? This is a nice plane. I have logged 40 hours in it. It is a nicely equipped, financially well-backed, 1984 201, based FDK also. It was a lease back at KGAI for a 5 year run, so a lot of people have flown it and can vouch for its integrity. Quote
KSMooniac Posted October 17, 2013 Report Posted October 17, 2013 Glad to hear you have eagle eyes again, John! I bet you're itchin' to get back at it now. If you wanna fly west about 7 hours next weekend we can give you directions to a party! 1 Quote
N33GG Posted October 18, 2013 Report Posted October 18, 2013 Bummer!!! So sorry you are going through this. Quote
Marauder Posted October 18, 2013 Report Posted October 18, 2013 Wow! When I saw your pictures I thought everything was going to be okay. If you don't mind me asking, how far apart were the repair costs and your hull insurance? This is one of my big worries with the investments I made to my plane. Quote
Jamie Posted October 18, 2013 Report Posted October 18, 2013 ^^^This. I insured mine for the purchase price. I didn't know what else to do. I can't tell if that's good or bad in this situation. Quote
Seth Posted October 18, 2013 Report Posted October 18, 2013 The one at FDK has been underutilized the past year (the owner knows it) but may be a posibility. I'll PM you details about both. One is a regular contributor on the board and probably already knows I'm talking about him. Good luck! -Seth Thanks for being discrete, Seth. He is likely referring to me, Mike. I can discuss a partnership, but I actually just came out of three eye surgeries with 20/15 vision, so I am likely to restore normal flying hours and would likely not do a partnership...at least now. Going tomorrow early in the a-m. Should be windy and brisk. PM me if you want to go Mike. Also Seth, what about Chuck Swim's ownership group in N57663? This is a nice plane. I have logged 40 hours in it. It is a nicely equipped, financially well-backed, 1984 201, based FDK also. It was a lease back at KGAI for a 5 year run, so a lot of people have flown it and can vouch for its integrity. Glad to hear your eyes are doing well John. And yes - I PMed him your contact information. Also, the other guy was indeed Chuck Swim. I though he had moved it to GAI - maybe it's back at FDK. -Seth Quote
Seth Posted October 18, 2013 Report Posted October 18, 2013 That is a good point - you may want to make the call to the guys at Freeway, W00, 301-262-6544 and ask to speak with Tommy or Bruce to expalin to them your situation. They'd drive right over or fly over to take a look if it's still at FME. -Seth If you can buy back the airplane and they guys at freeway can get it over there, they may be able to repair your F even though the insurance company says it's a total loss. However, then you'd have damage history on the airplane. You have a very sweet panal however on the F - it may be worth saving. -Seth Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.