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28 Mar 2024, 08:13 [ UTC - 5; DST ]


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 Post subject: 340 with runout engines
PostPosted: 09 May 2017, 20:00 
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Location: Jackson, MS (KHKS)
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Have been watching with slight interest a 340 that has WAAS and nice cosmetics, not high TT with engines at TBO on both sides. For sale over a year, asking price keeps sliding lower. Now under 6 figures. What would such a plane be worth with new engines?


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 20:03 
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Has it now been sitting for a year unflown?

What environment is it sitting in?

It would be a gamble that all the ancillary stuff, boots, A/P, gyros, radios, pressurization controller, door seals, etc... are still 100% happy after sitting for a long time un-loved.


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 20:17 
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Location: Jackson, MS (KHKS)
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Hangared. Very active til a year ago. Still flies occasionally


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 20:58 
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Location: Decatur, TX (XA99)
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As a point of reference, I spent over $100k on squawks. The prebuy showed about $50k worth, but we found more as we started digging.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:11 
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What of that $100k would not have been addressed by 2x overhaul?


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:21 
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Username Protected wrote:
What of that $100k would not have been addressed by 2x overhaul?


engines for the RAM VI installation are roughly $44k. that includes a turbo, wastegate and controller. add 1200 for hoses/engine, and probably another 1k for baffling. so about 100k should cover the engines.

the exhaust system and engine mounts are known trouble spots, and I got burned on one prebuy. when I bought Alex's 340 (my current ride), I personally went an inspected those trouble spots myself, and when they looked clean, I then began the pre-buy. don't get fooled by a "pencil annual." good pedigree is a must for these planes.

the value heavily depends on the avionics, engine time, RAM conversion, and damage hx. for example, if I added up all the add-ons on my current plane, I was getting the airframe for about $50k. I couldn't pass a deal like that.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:22 
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Maybe worth $200k with OH engines. Depends on what else the plane has going for it.

Engine OH + Props + new exhaust + ? Can easily be $150k or more.

Big risk of it being a money pit. Plane is good for an A&P who wants a project and can do a lot of the work.

Retail value today maybe $50K. Maybe.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:25 
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concur. the exhaust, if it needed total replacement, is like 12k IIRC.

but if the engines are really low time, at <100k you're essentially flying the airframe and avionics for free.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:27 
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Well the engines are really high time and it's barely less than $100k


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:29 
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Username Protected wrote:
Well the engines are really high time and it's barely less than $100k


sorry- misread it. I'd be offering pennies on the dollar then. especially if it's not had a RAM conversion. buyers market.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:38 
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Username Protected wrote:
What of that $100k would not have been addressed by 2x overhaul?

About $30k was engine related. Everything else was airframe. If you are handy with a wrench, you could save a ton. My last annual was less than $6k and that included two cylinder repairs and a set of plug wires.
Buy Tom Drew's plane. It is beautiful and needs almost nothing.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:41 
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Not seriously in the market. My money's going to family lawyers :ohno:

Just surprised at what's a handsome 340 that isn't moving under $100k and kinda curious what it "should" bring


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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:46 
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Username Protected wrote:
Not seriously in the market. My money's going to family lawyers :ohno:

Just surprised at what's a handsome 340 that isn't moving under $100k and kinda curious what it "should" bring

I think they are one of the most underappreciated planes out there. The ramp appeal is great, and they handle really well. I have gotten to the point where I would put mine anywhere that a Bonanza would go with no issues, and spending 5 hours in it is not tiring in the least.

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:49 
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Username Protected wrote:
Not seriously in the market. My money's going to family lawyers :ohno:

Just surprised at what's a handsome 340 that isn't moving under $100k and kinda curious what it "should" bring

I think they are one of the most underappreciated planes out there. The ramp appeal is great, and they handle really well. I have gotten to the point where I would put mine anywhere that a Bonanza would go with no issues, and spending 5 hours in it is not tiring in the least.

Doug, do you have any videos of the RSTOL in action?

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 Post subject: Re: 340 with runout engines
PostPosted: 09 May 2017, 21:55 
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Joined: 09/05/09
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Username Protected wrote:
Not seriously in the market. My money's going to family lawyers :ohno:

Just surprised at what's a handsome 340 that isn't moving under $100k and kinda curious what it "should" bring

I think they are one of the most underappreciated planes out there. The ramp appeal is great, and they handle really well. I have gotten to the point where I would put mine anywhere that a Bonanza would go with no issues, and spending 5 hours in it is not tiring in the least.


I feel the same way. It has become our family station wagon, and is unbelievably comfortable on long flights. The key for us is to fly over 20,000 feet on any trips over 2 1/2 hours, to reliably see 200 true.
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