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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 19 Sep 2017, 00:35 
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I don't think I've ever seen a Skylark with VGs installed... huh.

I hope they get triple.

There are planes with way fewer oddities and stories for 1/2, though, plus 25 years younger.

I suspect in this class of airplane, even the CS prop is an undesirable thing.

I feel like this guy took the "buy a plane you can afford to pamper" advice too far. Someone shoulda got him an A36 to mop up his surplus cash.


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 19 Sep 2017, 19:40 
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Maybe they need some gasoline and a match to burn through that cash! Either way the result is the same!

Well, I stand corrected! It is in better than new condition according to the ad! I thought new condition was new I didn't realize there was something better than new!


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 08:10 
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Username Protected wrote:
Maybe they need some gasoline and a match to burn through that cash! Either way the result is the same!

Well, I stand corrected! It is in better than new condition according to the ad! I thought new condition was new I didn't realize there was something better than new!


If you consider that it left the factory with the dreaded GO-300, then yes, better than new is not only possible, it's a near certainty with the brand "L" engine swap.

I would also say that the leather interior currently installed is better than the factory new plaid orange/brown fabric interiors that everybody was putting in back then...whew, those would make the Brady Bunch cringe.

The avionics are also much better than new, especially when you consider what Cessna was putting in back in 1959.

He's like everybody else who sticks huge amounts of money into a restoration/upgrade in that if he gets half his money back, he will be doing well. It does look like a fantastic airplane though.

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Last edited on 20 Sep 2017, 08:46, edited 1 time in total.

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 08:15 
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It's curious to me that when we see an airplane like this for sale peole jump on the bandwagon with "smart ***" comments about the owner. Sure the price seems a bit high however someone obviously loved this airplane and it is one less airframe that has been left to rot on a ramp somewhere till it makes its way to the scrapper. I see a lot of those in my travels and it is sad because it is general aviation dying.

This airplane will either sell for a price the market will bear and the new owner will get a great aircraft. Or won't and the owner will continue to take care of it and enjoy it.

Either way I fail to see the downside.


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 08:16 
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And yet, a new C-172 sells for 400K.

Doesn't sound like a bad deal to me.

But then again, I am not smart with money.

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 08:19 
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Username Protected wrote:
It's curious to me that when we see an airplane like this for sale peole jump on the bandwagon with "smart ***" comments about the owner. Sure the price seems a bit high however someone obviously loved this airplane and it is one less airframe that has been left to rot on a ramp somewhere till it makes its way to the scrapper. I see a lot of those in my travels and it is sad because it is general aviation dying.

This airplane will either sell for a price the market will bear and the new owner will get a great aircraft. Or won't and the owner will continue to take care of it and enjoy it.

Either way I fail to see the downside.


This. I see old cars around here all the time. Bad, cranky engines, bad handling, bad brakes, yet the owners are asking a lot of money. Operationally speaking, inferior to practically any 2017 $15k Econobox.

Oh, wait, they're call "classics".

All about perspective...

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Rich


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 08:21 
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Put all of those upgrades into a 182 and see what it prices out at.

Might not be a bad *asking* price, actually.

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 10:47 
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Username Protected wrote:
Put all of those upgrades into a 182 and see what it prices out at.

Might not be a bad *asking* price, actually.


It's not a 182 though.

And all of the "upgrade" MAYBE make it the equivalent (20 years older) of a 172XP with a mid-time engine 750/345/JPI 900 and nice paint. And no autopilot.

This would be a good deal at $65K, not at $80.


https://www.controller.com/listings/air ... 72-hawk-xp


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 12:16 
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It just may make it or near enough. It looks pristine, who knows what they spent on it but it compares with a late model 172, i bet it makes 100k or near enough, agreed 130 is over the top. At 90 to 100k I can see ther would be a buyer. Its not an easy one to compare with anything else.

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 12:43 
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My '65 Mouse is clearly underpriced at $20K!

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 13:14 
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Username Protected wrote:
It's curious to me that when we see an airplane like this for sale peole jump on the bandwagon with "smart ***" comments about the owner. Sure the price seems a bit high however someone obviously loved this airplane and it is one less airframe that has been left to rot on a ramp somewhere till it makes its way to the scrapper. I see a lot of those in my travels and it is sad because it is general aviation dying.

This airplane will either sell for a price the market will bear and the new owner will get a great aircraft. Or won't and the owner will continue to take care of it and enjoy it.

Either way I fail to see the downside.


The owner is selling. He's tired of it, or aviation, or wants a boat now, or is dead and this is the widow's ad. It's not going to remain his cherished beloved creampuff, and if his pricing delusions continue, it may very well end up on the ramp to rot with the rest of GA.

The downside to an artificially high price is that GA is now less accessible to potential buyers. If this plane was listed at the 65K it will actually sell for, it might actually sell and fly NOW instead of when the seller's hand is forced.

Worse, a few people looking for planes to fly who might be interested, instead think "ugh, planes are too expensive, I'll get an RV/Boat/Cocaine habit instead.". Isn't that a minor problem with ALL planes generally being listed 15% high? I certainly think a smattering of planes listed 100% high don't help the situation.

The bonus not-mentioned upside is, we all get a chuckle, just like every other plane ad out there that lists "over 200K invested!" and it's a stack of maintenance receipts for a jalopy that SHOULD have been left in the weeds. The word "invested" should never feature in a plane for-sale ad. "burned" is a better verb.

0 sold airplanes does not beat 5 smartass remarks and accompanying smug chortles. Us smartasses win, but only barely. :D

:shrug:


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 20 Sep 2017, 23:08 
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Are we as a group ever going to quit pissing on somebody else's pride and joy?

It looks like this has a third better payload than a new 172, almost as fast as a 182 and appears to be in beautiful condition.

Is it worth what he's asking? I wouldn't venture a guess, but it's his business and none of mine since I'm not interested.

I wish him/her luck


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 21 Sep 2017, 07:44 
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Username Protected wrote:
Is it worth what he's asking? I wouldn't venture a guess, but it's his business and none of mine since I'm not interested.


Unfortunately that is the problem. Mike Brannigan has a humorous-yet-blatantly-honest quality to post responses that rub some the wrong way, but its the truth and that isn't wrong (IMO)

When you say you're not interested, you're saying it, but many others just pass on by without saying anything. The pool of pilots salivating over your pride and joy is small enough as it is with a highly desirable and highly upgraded airplane. Overprice it because it is what you have invested and not what the market would bear shows a level of disconnect for one reason or another. Maybe he is testing the waters to see if he can break even, maybe he is crazy.

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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 21 Sep 2017, 09:23 
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He's asking more than 4 times as much as any 175 out there, and about 3 times as much as the nicest 172 from that era. I suspect he's going to find out that nobody wants to even double what they'd pay for a nice 172 or 175, and that anyone looking to spend that much on a Cessna is going to buy a much newer plane or a 182.


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 Post subject: Re: 1959 Cessna 175, only $130,000
PostPosted: 21 Sep 2017, 10:38 
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Thats 130k and the plane doesn't have an autopilot....

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