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Author Topic: Cash strapped? Get this 690B  (Read 7059 times)

Adam Frisch

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Cash strapped? Get this 690B
« on: September 03, 2017, 05:26:18 pm »
You'll have to do a hot section immediately for about $60-90K, and probably some other stuff, but if you're comfortable running one over TBO it could provide some utility. The fresher engine has a lot of time left on it. Maybe swap that for two higher time ones is another option?

https://www.controller.com/listings/aircraft/for-sale/20985789/1979-commander-690b
Slumming it in the turboprop world - so you don't have to.

donv

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Re: Cash strapped? Get this 690B
« Reply #1 on: September 03, 2017, 05:55:47 pm »
Doing just a hot section on that airplane would be throwing money away. I suppose if you were going to keep it forever, maybe you might consider that, but it would make no financial sense.

Why? Because any buyer is going to assume that they're going to have to do an overhaul immediately and price the airplane that way. Whereas, if you overhaul the engine, if you go to sell it in the next 1000 hours, you'll get most of your money back.

The smarter thing to do would be to either buy a mid-time engine, or get a rental engine.

The rest of the airplane looks pretty good, though. The panel and avionics are old, and that's a minus. But the price reflects that.

Jeff Johnson

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Re: Cash strapped? Get this 690B
« Reply #2 on: September 03, 2017, 07:55:28 pm »
Adam,

I inquired about this plane a week ago

6034 TTSN 345 SMOH 345 SHSI
8846TTSN 5358 SMOH 1816 SHSI
Lnd gear dud June 2017
Prop Five year due April 2017

last D Phase was compelted 4-14-2017
IFR Sept 1st 2016 due 9-30-2018

Needs
props
1 engine overhauled
Landing gear
Avionics
And it has a spar modification
Is the price still right considering?

Jeff

donv

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Re: Cash strapped? Get this 690B
« Reply #3 on: September 04, 2017, 12:01:38 pm »
I'd put together a spreadsheet of all of the airplanes on the market, and see which needs what. Then you'll know what the real cost of each one is.

I'd also look into a rental engine rather than overhauling the one engine, unless you intend to fly a lot of hours. Or buying a mid-time one. Or see if you can get a time extension on this one (but given it's time since hot section, it almost certainly needs a hot anyway, and as I posted above, that probably doesn't make sense).

If you google "tpe-331 engine for sale" you find a lot of places advertising them, especially dash 5s.

donv

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Re: Cash strapped? Get this 690B
« Reply #4 on: September 04, 2017, 12:02:31 pm »
Also, you might talk to Norm or Richard at Aero Air about engine possibilities, since they're close by.

Jeff Johnson

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Re: Cash strapped? Get this 690B
« Reply #5 on: September 04, 2017, 01:05:15 pm »
Don,

Where can I go to see all the Inspections and AD's needed for the 690b. 

Ive also inquired about the 690a in Washington. 

I like the spreadsheet idea, but need some more info.  to make it work out.

any and all input is as always, greatly appreciated.

Jeff

drwho67

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Re: Cash strapped? Get this 690B
« Reply #6 on: September 04, 2017, 01:18:37 pm »
Jeff,

Have you ever checked out this posting?  Looks like it is better equipped but I am an enthusiast and nothing more.

http://www.aeroair.com/aircraft_sales/Aircraft_For_Sale/1974_Twin_Commander_690A/

Brian

Adam Frisch

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Re: Cash strapped? Get this 690B
« Reply #7 on: September 04, 2017, 01:41:47 pm »
Gear o/h: $15K
Props: $20K

Spar is good. Eliminates AD and inspection every 36months which costs about $15K.

SB241 done. A must.

Engine - like Don said, you'd either have to find a lower time engine, or rent one, or face the music of a full overhaul.

Avionics you can do when you have the time and money - she's flyable as it is.

Worth the asking price when all of this is factored in? It's up to you to decide, but I'd say it's in the ballpark.
Slumming it in the turboprop world - so you don't have to.

Jeff Johnson

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Re: Cash strapped? Get this 690B
« Reply #8 on: September 04, 2017, 02:04:30 pm »
Aero Air sold all the commanders.

Called Norm and a single buyer bought all of them. 

1 left but under contract

Unfortunate for sure.

15k for gear.
20k each for props?  Or Both?

I like that no spar check necessary any more.  That would be an additional ownership drag....


donv

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Re: Cash strapped? Get this 690B
« Reply #9 on: September 04, 2017, 02:08:57 pm »
$15k for the gear, if it's basically good. Who knows if it's bad. $20k for both props... if they're good. Worst case is you'd have to buy another set, so $20k is probably a good number, for both.

That's why I suggested you call Richard Urban at Aero Air, and discuss it with him. He might also know about rental engines, and if he doesn't, Norm does.

Jeff Johnson

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Re: Cash strapped? Get this 690B
« Reply #10 on: September 04, 2017, 03:05:56 pm »
Don,

Ill give him a call. 

Thanks!

Happy Labor day!