Flew first Mooney today!

[benpilot]

 

Well I have seen Bravos for under 200k which is similar to asking prices for 252 and Rockets. Ovations the newer ones, no these are EXPENSIVE! BUT I see older ones for under 200k in few cases. It takes time and patience. 

[Z W]

Comparing planes for sale can be difficult. There is always a reason a given plane is so cheap. Engine time, missing logs, damage history, non-waas. You have to really know what you are looking at, which is difficult for a student pilot, no offense intended. If you post and identify individual planes for sale the experts here are always happy to help spend your money, or warn you not to. Sometimes the cheapest list price for a model is the most expensive one, if you include the hidden costs.

[benpilot]

 

+1 Zane, I checked out a few planes and they were cheap for good reason: ancient avionics that most likely would need to be upgraded, high engine time, etc.

So I learned a lesson: TANSTAAFL! I have heard its better to find the plane with what you want rather than the hassle of upgrade costs and time.

[KSMooniac]

You can buy a pretty decent B55 Baron for WELL under $100k these days.  The purchase price is just the ticket into the park... you still have to pay to ride!  Would you like to feed and care for 12 cylinders and two props?     Or pay more for a Mooney that is faster but can't carry as much for 1/3 the operational costs?

[BigTex]

  On 6/14/2013 at 5:21 PM, KSMooniac said:

You can buy a pretty decent B55 Baron for WELL under $100k these days. The purchase price is just the ticket into the park... you still have to pay to ride! Would you like to feed and care for 12 cylinders and two props? Or pay more for a Mooney that is faster but can't carry as much for 1/3 the operational costs?

Yep... That Total Cost of Ownership thing.

[Hank]

Yep, I've been a fan of TANSTAAFL for a long time now . . .

[fantom]

  On 6/14/2013 at 6:53 PM, Hank said:

Yep, I've been a fan of TANSTAAFL for a long time now . . .

 

TANSTAAFL - acronym from a favorite author of mine, Robert Heinlein's classic, "The Moon is a Harsh Mistress".

 

"There Ain't No Such Thing As A Free Lunch"

[Hank]

I discovered RAH in junior high. Found I liked the grown-up books much better.

[Ned Gravel]

  On 6/14/2013 at 8:44 PM, fantom said:

Yep, I've been a fan of TANSTAAFL for a long time now . . .

TANSTAAFL - acronym from a favorite author of mine, Robert Heinlein's classic, "The Moon is a Harsh Mistress".

"There Ain't No Such Thing As A Free Lunch"

Mine too! Although he was a bit of a redneck. But a great author.

Sent from my iPad

[benpilot]

Indeed better to pay bit more now than much more later. I grok what you guys are saying and as a fan of RAH have read most of books as a kid.