IO-360 overhaul cost in 2024

[chiBranda22]

Good evening.

I’m contemplating purchasing my first airplane. 
I did some research online and saw overhauls for the IO-360 are around 30 to 40k in early 2023. 
 

has anyone overhauled recently what should I expect? 
 

Thank you.

[T. Peterson]

44 minutes ago, chiBranda22 said:

Good evening.

I’m contemplating purchasing my first airplane. 
I did some research online and saw overhauls for the IO-360 are around 30 to 40k in early 2023. 
 

has anyone overhauled recently what should I expect? 
 

Thank you.

Hello,

 I have a 1979 231K. I ordered a overhauled engine from Western Skyways. The engine itself is 55000.00. Approximately 6000.00 for installation plus whatever the prop and governor turn out to be. I would be delighted if the whole job came in at 70000.00, but 75 or 80 is probably more realistic.

[MikeOH]

I received a quote on Oct 2, 2024 from a top name shop for the overhaul of my IO-360A1A (not turbo), new limits, new cylinders: just over$38,000.  6 month lead time!

That's just the engine; no R&R, or other 'stuff'

[802flyer]

I received a quote on Oct 2, 2024 from a top name shop for the overhaul of my IO-360A1A (not turbo), new limits, new cylinders: just over$38,000.  6 month lead time!
That's just the engine; no R&R, or other 'stuff'

This is in line (both price and lead time) with the half dozen quotes I received in early November.


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[aviatoreb]

My engine is entirely different but lead times are similar right now.  My engine is literally on a truck right now going to a top shop.  Why are lead times so long right now for major overhauls?  Is the supply chain still messed up from Covid?

[chiBranda22]

So from what I'm understanding if you send your engine its around 40k but if you trade your engine for an overhauled one it's around 60 to 70k.

The downside of sending your engine waiting 6+ months? 
 

[802flyer]

So from what I'm understanding if you send your engine its around 40k but if you trade your engine for an overhauled one it's around 60 to 70k.

The downside of sending your engine waiting 6+ months? 
 

If they have one on the shelf ready to exchange. Nobody I spoke with had an A1A available for that option.

[TheAv8r]

I overhauled my IO-360-A1A engine in November of last year with the engine being delivered to me finished in June. At that time, you could not get new A1A cylinders (2yr lead-time) so mine were OH. The base OH charge was $28k, I added in some things that brought the final up to around $33k. This was from a well-known reputable overhaul shop.

[TheAv8r]

FWIW consider all of the accessories too. I OHed the prop, put in a new prop governor, all new oil and fuel hoses (required per Lycoming's SB FYI), new baffling, new hardware, OH the engine mount, etc. Add in labor and by the time it's all said and done, it's $60-70k.

[Hamburglar]

I had an engine overhaul done on my IO 360 A1A and with new cylinders and GAMI injectors the overhaul shop got about $38000 from me. I think the quote from the shop that removed/installed the engine quoted me either 20 or 40 hours labor @ $125/hour. The wait time was around five months. 

[chiBranda22]

A surprise premature overhaul at 30 to 40k I can handle. At 60k to 70k its a little too much for me to feel comfortable with.

[1980Mooney]

3 hours ago, chiBranda22 said:

So from what I'm understanding if you send your engine its around 40k but if you trade your engine for an overhauled one it's around 60 to 70k.

The downside of sending your engine waiting 6+ months? 
 

Apples to oranges.  @T. Peterson above is quoting a trade for a 6 cylinder TSIO-360.  That is 2 more cylinders and a turbocharger than yours.

[Fly Boomer]

46 minutes ago, chiBranda22 said:

A surprise premature overhaul

Can happen without regard to hours on engine.  Be prepared.

[Ragsf15e]

These quotes aren’t the same as a factory reman either… yes those cost more but they have new cylinders and all the “other stuff” is new/oh too (think fuel servo, starter, alternator, etc).  The baseline shop oh doesn’t include those.

[DCarlton]

I asked the shop that overhauled my engine in 2015 for an updated IO360 estimate for 2024.  Roughly $40K and three months minimum.  It took about six months the last time my engine was removed locally, shipped to the shop, returned and reinstalled.  Seems like I remember it costing about $33K total back in 2015 with all the accessories refreshed.  

[chiBranda22]

10 minutes ago, DCarlton said:

I asked the shop that overhauled my engine in 2015 for an updated IO360 estimate for 2024.  Roughly $40K and three months minimum.  It took about six months the last time my engine was removed locally, shipped to the shop, returned and reinstalled.  Seems like I remember it costing about $33K total back in 2015 with all the accessories refreshed.  

Thanks! That is what I was expecting. 

[MikeOH]

9 minutes ago, chiBranda22 said:

Thanks! That is what I was expecting. 

You did note he said that was in 2015, right?

[chiBranda22]

57 minutes ago, MikeOH said:

You did note he said that was in 2015, right?

He mentioned the estimate was updated for 2024. ~40K seems to be the going number.

[T. Peterson]

4 hours ago, 1980Mooney said:

Apples to oranges.  @T. Peterson above is quoting a trade for a 6 cylinder TSIO-360.  That is 2 more cylinders and a turbocharger than yours.

I apologize. I should have realized he was talking of a completely different engine. Forgive me for muddying the waters.

[T. Peterson]

4 hours ago, Fly Boomer said:

Can happen without regard to hours on engine.  Be prepared.

Absolutely! I certainly did not plan on replacing my engine within 3 years of purchase but life happens. Many on here warn of engines that have sat for an inordinate amount of time. Mine spent 6 years in a New Mexico hangar. I thought the drier climate would mitigate the issue of idleness but I guess it did not. In all fairness the engine is a 1991 install, so I probably should be grateful I got 3 years out of it. My engine is very airworthy, but I am sick to death of a chronic oil leak that I have chased with a lot of money to no avail. So hopefully I will get an engine delivered in February or March.

 

[bigmo]

A club a few hangars down from me used Overhaul Bids with good luck. Assume it’s a 180HP (on some kind of PA-28). Their all-in cost was like $23k and they were down less than a month. Not sure of the shop that did the work, but it was in Texas. The club has their own A&P, so their costs are limited to the overhaul. They got Superior vice Lycoming - I think that was a time decision more than anything. I know all went well as the plane is flown daily.

Maybe a tiny gamble…but saving $10-12k might be worth looking into. I’m pretty sure the cost included ground transport. I dropped off a new pallet for them as my dad had ordered a tiller that came on an awesome hardwood pallet.

 

[chiBranda22]

1 hour ago, T. Peterson said:

I apologize. I should have realized he was talking of a completely different engine. Forgive me for muddying the waters.

No need to apologize, I learned something new. I figured all the IO-360s were Lycoming 4 cylinder. 

[toto]

50 minutes ago, bigmo said:

A club a few hangars down from me used Overhaul Bids with good luck. Assume it’s a 180HP (on some kind of PA-28). Their all-in cost was like $23k and they were down less than a month. Not sure of the shop that did the work, but it was in Texas. The club has their own A&P, so their costs are limited to the overhaul. They got Superior vice Lycoming - I think that was a time decision more than anything. I know all went well as the plane is flown daily.

Maybe a tiny gamble…but saving $10-12k might be worth looking into. I’m pretty sure the cost included ground transport. I dropped off a new pallet for them as my dad had ordered a tiller that came on an awesome hardwood pallet.

 

I’d never heard of this before, but seems like an interesting idea. 

https://www.overhaulbids.com/

[Bartman]

We did a field overhaul on my IO-360 A3B6D in 2020. 
It took 6 months. 
I chose not to keep track of the cost. 
It was less stressful that way. 

[glbtrottr]

There are only a couple of places that people use once a case is split as well as crankshaft overhaul - period. Divco and Nicksons. Not many can certify and overhaul each and every part of that engine according to the manufacturers overhaul manual…

Many shops will turn up their nose at your 4 banger when there is more margin in that 6 banger, that big bore 6 banger, and especially that fire breathing turbo beast. As an owner of a TSIO 360MB, all I have to say is OUCH. Why can’t my mooney mite go 200Mph????

Worse, private equity has entered the aviation room. The price of flying just became much much higher. Arcline bought Hartzell, Spruce is buying many, blah blah.

All overhauls are field overhauls unless performed by the OEM. Only lycoming and continental technically can supply remanufactured / new engines. Whether Lycon, zephyr, Tim’s , Penn Yan or Joe Blow assemble your engine, all those shady tree overhauls are field overhauls unless someone can correct me here. Not to say that some shops aren’t great - they’re all field overhauls to service limits.

A local friend of mine overhauls engines for 12k plus parts and work on it right away. Happy to put you in touch with him. For many pilots that’s a steal; for others including mechanics they would find that amount too much. Your mileage will vary.


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