KAVO Pre Buy

[Highflight]

I am interested in a 1977 M201J in Wilmar MN with a Annual/Pre Buy in Avon Park Fl.  My question is, who pays for the Annual and the costs for the 8 hour trip and return?

 

Nicholas Gravino

nicholasgravino@att.net. 

[harrispa]

The short answer is that it is totally up to what the buyer and seller agree on.  Your post brings up the question of why you would travel all that way to do and pre-buy and annual.  If the buyer is in FL, then why would a return trip be necessary?  If the buyer is not in FL, then the trip makes little sense.

Paul

[carusoam]

Shorter answer. The buyer pays for everything he wants.

Make sure you get the protection that you need. No matter who pays for it.

Pre-purchase inspection is for your financial protection. Getting it done at an MSC means that it will be done at the highest standard available.

Getting it done away from the source that has been doing previous annuals will comfort you or your wise financial decision.

Turning a PPI into an annual will save 1 AMU, nice money. But trying to combine this with the sellers favored shop is not financially as wise.

PPIs and insurance are subjective services. You only really know their value after something big has failed while it still belongs to someone else.

My first PPI failed for wrinkled sheet metal, nicely covered in body filler, on a NDH, Piper Arrow. It had a stretched rivet or two, under the wing. It all ended in a lawsuit to retrieve my down payment in small claims court. Some people are strange when it comes to buying or selling things. Bent wings are not really included in NDH airplanes.

You must protect yourself financially first. Then save money. Then enjoy Mooney flying...

Best regards,

-a-

[gregwatts]

Buyer pays for the pre-purchase........the annual is a negotiation factor.........but I would absolutely try, if not demand, that the plane be delivered with a fresh annual.

As far as bringing the plane from Minn to Fla for a pre-purchase/annual......you may be on the hook for that, and that is if you can get the seller to agree to that. Not likely!

Good Luck!

[carusoam]

The PPI should be done close to where the airplane is now. Moving it across the country removes your ability to say no-thank you without amassing large expenses for moving it.

This depends on the scale of the purchase. Greater than $100k go to an independent MSC. Get the PPI. Upon success, complete the purchase and annual at that shop. Less than $50k, roll your dice, move your mice. You get what you pay for...

If large expenses become apparent in the PPI, the MSC will be in contact with you throughout the process to give you the heads up.

Let them know what you want, you're paying for it!

-a-

[carusoam]

As Greg pointed out above,

The PPI points out all deficiencies. The seller is usually on the hook for fixing all air worthiness issues. All other items are negotiable.

Since it is a used plane, it should be airworthy, but doesn't need to be perfect. It will have lots of worn items.

Sellers are typically selling an airworthy plane for use by a buying pilot. If you are an A&P or married to one, then you can knowledgably negotiate a lower price for an unairworthy bird...

-a-

[TWinter]

I bought my plane from a guy in NY. It was due for annual fairly soon. He agreed to sell the plane and have the annual done at an agreed purchase price or the option of 2K discount if I took it "as is" without annual, annual was due in about another two months. We agreed that the purchase was to include plane and annual. He would cover any costs over 2K if there where any issues that needed addressed during annual (ended up being a few hundred bucks he had to cover above the 2K). We used G-Force, they had been doing the previous several annuals. I was in constant phone contact w/ the G-Force all week during the annual getting constant updates. He delivered the plane from G-Force to me after the annual, for fuel costs. The annual was billed by G-Force to my CC and he paid the balance on his end when it was done. So really I had 2K as a deposit on the deal. Any major issues during annual and I was off the hook and he would cover all of it as it was still his aircraft and I walk away.

 

Bottom line. I paid for the annual/pre-buy based on feedback from G-Force feedback. I essentially paid for the annual/pre-buy, also paid for a plane ticket to get him back to NY. At that time I did not have complex time so I really had no choice other than to get him to deliver it.

 

The plane was bought sight unseen other than pics and very comprehensive logs downlaoded and emailed to me. G-Force gave me very good history on the plane as I was able to talk w/ the same mechanic that had done the several annuals.

As far as your question. Buyer would usually be responsible for annual (if you want a clean bill of health), getting the plane to you and owner home. Otherwise, you and your AP go to sellers base, look it over, take it as is and get it home however you decide. Pretty much all is on the buyer. In the long run it may have cost me a few bucks more, but knock on wood the plane has flown flawless since getting it over a year ago.  Good Luck