I am curious on what the true "scrap value" is on a 1978 Traumahawk. I have come across one that is nearing its 11,000 hr limit for sale. Unfortunately it also has a 2700 hr engine in it.
My thought was to buy it with a fresh annual and fly it as hard as I possibly could for one year. Then at the next annual I would sell what I could and scrap the rest. Obviously this only works if I can buy it for a VERY good price. It is a fairly nice looking airplane for a used up ex-trainer; my only concern is the engine making it another 900hrs or so. I for sure don't want to pay to put a new engine on a plane with 900hrs left to live. I don't know what the market is for a rebuilt 0-235 but I imagine I wouldn't be getting my rebuilt money back.
What do you guys think?
My thought was to buy it with a fresh annual and fly it as hard as I possibly could for one year. Then at the next annual I would sell what I could and scrap the rest. Obviously this only works if I can buy it for a VERY good price. It is a fairly nice looking airplane for a used up ex-trainer; my only concern is the engine making it another 900hrs or so. I for sure don't want to pay to put a new engine on a plane with 900hrs left to live. I don't know what the market is for a rebuilt 0-235 but I imagine I wouldn't be getting my rebuilt money back.
What do you guys think?