pre- purchase questions- help needed

pre- purchase questions- help needed

Hello everyone, I was hoping to get some help.
I am relatively new to aviation - been only flying about a year and  half and have about 150hrs TT and about 25hrs RG-time.
I'm looking at purchasing a C-182RG, with some partners who are in approximately the same boat I am in. We are hoping to reduce our training cost, collectively, and of course be an owner vs. a renter. We all got tired of fighting for one of two tired 172Rg's for our training at the flight school.

Please give me some guidance, as I've never purchased an airplane before:

Can I get some feedback from current/prior owner of about how much you pay for an: annual, 100hr, landing gear work, prop work? Do you guys mostly use a Cessna dealer or a general aviation mechanic?

I've been trying to research this stuff in order to work into my cost spreadsheet for our partnership and have not found much help ...
I would appreciate some helpful feedback.

Also, I am a younger woman, and I'm a bit concerned about someone trying to pull a fast one on me - as I'm not as mechanically inclined as our potential partner who's been a helo mechanic for many years...
Thanks for the help!

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Re: pre- purchase questions- help needed

Buying a first airplane is always the most difficult.....

I would suggest that you totally immerse yourself in the quest for the "right plane". Check the ads in Trade A Plane, the internet and the bulletin boards at the nearby airports.

Join the local EAA chapter and other aviation groups.

Become friends with people who have been in aviation for a good while and ask questions.

When you think you have found your plane, have a pre purchase inspection performed by someone who doesn't have a dog in the fight and that you trust.

There are MANY good and honest folks in aviation but there enough of those who will take advantage of those not knowing to be of concern.

Take your time in doing your homework and remember the asking price is usually not the selling price.

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Re: pre- purchase questions- help needed

Howdy,

I am an A&P IA since ....oh...long time ago.....(getting old is the pits..) anyway while I completely understand your concern of being "taken advantage of" I'd like to tell you that in my 30 years+ experience, I am proud to state that every A&P I have met who takes the risk of being in business has had the integrity I would demand.
When I used work all night on a commercial air carrier, I used to  enjoy standing in the jetway while passengers boaarded and chat away. I would think to mysself that I hoped every mechanic realized the TREMENDOUS responsibility they have.
So be proactive and ask every question you can think of. You are already on the right track to being an informed and happy customer!

Marty

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Re: pre- purchase questions- help needed

I just bought my first plane (C172M) and what an ordeal it was to find the right one/best one. Here's what I learned:

1. Don't buy the first one, two or three planes you see, no matter how good they seem; look at six to ten planes first because through asking questions and owners volunteering info & stories you will learn alot about what to look for in that make/model.

2. When you find a plane you like, Before you negotiate price, do a visual inspection with a mechanically-inclined person, like your Helo partner. Ask to remove cowlings and open inspection panels. I found more 'junk', obvious problems, and severe corrosion simply by taking a few minutes to look, thus helping me to more properly value the plane and, most importantly, saving me money I would have wasted on a pre-buy inspection that would have found the same things I discovered for free which put the plane 'out of my consideration'.

3. If still interested, next purchase the FAA CD history on the plane and review the log books with your mechanically-inclined partner. Again, looking for reasons to 'run' from the plane while potentially saving money on a wasteful pre-buy inspection...

4. Then When you decide you want to buy the plane, Negotiate a favorable purchase price BEFORE you spend money on a pre-buy inspection. In the purchase agreement have terms that allow you to cancel the sale without penalty if the pre-buy reveals problems that will cost you substantial money to fix in the immediate future. This way you can potentially re-negotiate the purchase price lower in order to save money for the up-coming expenses.

This was the strategy I used and it worked out very well for me; I learned all of the pros and cons of my plane, was confident of its value, knew what the immediate maintenace expenses would be, and negotiated a very favorable price. I hope you have the same experience. Good luck!

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