Reasonable Price For A Fit 1970s Cessna 172

Houston · Post by **Houston** » Mon Oct 29, 2007 10:06 pm

What do decent 1970 - 1980 172s sell for these days and generally how much does mainenance cost on these?

AirAddict · Post by **AirAddict** » Tue Oct 30, 2007 12:14 am

Around 50-70K id say

http://www.controller.com

Kilo-Kilo · Post by **Kilo-Kilo** » Tue Oct 30, 2007 12:52 pm

For your annual, insurance, and parking you are looking at ten grand a year without even turning the key.

Houston · Post by **Houston** » Tue Oct 30, 2007 6:17 pm

It's too bad there aren't any threads for aircraft owners ... I'm sure some people would like to know how much basic single engine aircraft cost to keep as well as to buy

ottawa,kan · Post by **ottawa,kan** » Tue Oct 30, 2007 8:15 pm

One of the things I've seen is prices are cheaper on the bulletin board at local airports than they are in Barnstormers or trade a Plane, and if you buy locally you can frequently get other pilots opinion of the plane. Barnstormers is a great resource for tire kicking. Lots of C-172 for 35-40 K. My Stinson has nasty too high insurance, especially for me because I'm low time anyway, and even lower in tailwheel. Still only about 2K per year. But our last annual, just over, was about $300 total. I should mention I co-own the plane, which is a great savings tool to think about. We do all the prep for the annual ourselves, and then help our AME do the required work, and then button up ourselves. Our guy is retired, really into old planes and really willing to let us "help", so I guess that saves money. But 10K for insurance, parking and annuals seems way too high to me. You can ramp park around here for $30/month. By the way, my Stinson hauls more than a C-172, is way cheaper to buy, is way way cooler to fly and while not as fast is probably more stable in the air. For a guy on a budget a Stinson 108-3 is worth a look. Course ramp parking a fabric plane is probably a poor idea.

Big Pistons Forever · Post by **Big Pistons Forever** » Thu Nov 01, 2007 1:30 pm

Approximate operating costs for a C172

Insurance: $ 1200-1500/yr

tiedown: $400-1000/yr

annual insp: from $1500 (nothing broken) to $25,000 (engine is toast)
over a 5 year period assuming you have no major maintance issues I would budget $2500 a year for planning purposes

misc in year repairs/TC fees/pubs/misc stuff/other expenses $ 1500/yr

fuel and oil $ 50/hr

Kilo-Kilo · Post by **Kilo-Kilo** » Thu Nov 01, 2007 3:21 pm

Where do you still get insurance for $1200-$1500 a year? It's more than doubled in the past 6 years or so.

_dwj_ · Post by **_dwj_** » Thu Nov 01, 2007 6:55 pm

You can get third-party and passenger liability coverage from Marsh for $850 per year (3 passenger seats and $1m coverage). Ground risks coverage is an extra 1.4% per year (so $700/year for a $50k plane). Hull-in-motion will be somewhere above that, depending on your flying experience.

And if you park your plane at one of the small municipal airports the tiedown cost is generally zero.