Launched as a basic, budget version of the already simple Cessna 140, the 120 is almost identical to its compatriot. Identifiable by the lack of rear/side windows and flaps, the 120 is otherwise almost identical to the 140, and owners observe that the 140’s flaps offer little benefit, to begin with. This particular 120 has been modified with a metalized wing, which eliminates the need to periodically undergo the expensive process of replacing wing fabric at the cost of a bit of useful load.

One of the most attractive aspects of this particular 120 is the engine. What was once a basic Continental C85 has been upgraded with an O-200 crankshaft, providing a noticeable boost in performance. The engine has only 168 hours since major overhaul and has new Superior cylinders, magnetos, and a new alternator, checking some major maintenance boxes for the new owner.

• READ MORE: Bargain Buys on AircraftForSale: 1972 SOCATA MS.894A Rallye

Inside, this 120 sports custom leather seats and a simple yet logical panel layout. The original antiquated switches have been replaced with modern toggles and a push-button starter. Additional weight savings could be easily achieved by replacing the venturi-driven gyro instruments with modern digital gauges. 

A cheap and fun way to get into the sky, this docile and well-supported taildragger will provide its new owner with years of enjoyment at a price that’s little more than the engine overhaul it recently received.

You can arrange financing of the aircraft through FLYING Finance and quickly calculate your monthly payment using the airplane finance calculator. For more information, email info@flyingfinance.com. 

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First flown in 1961, the French SOCATA Rallye family has since been marketed under a number of different companies and names. From Morane-Saulnier to PZL to Waco, the same basic aircraft has had a bit of an identity crisis over the decades, but the general formula has remained the same – an all metal, tricycle-gear, 2-4 seat low wing airplane with nearly unrestricted visibility and fantastic slow flight and short field capability.

While early versions had only two seats with lower-powered engines of 100-150 horsepower, this particular Rallye is equipped with a 220-horsepower Franklin six-cylinder engine that has only 36 hours since major overhaul. Provided the Franklin is maintained only by experienced mechanics familiar with the type’s unique intricacies, it provides ample, smooth power and excellent climb performance.

• READ MORE: Bargain Buys on AircraftForSale: 1965 American Champion Citabria

Various Rallyes are equipped with control yokes and others with sticks. This example has the latter, which opens up valuable real estate on the panel. It features basic analog flight instruments with an updated Garmin GPS and transponder. 

Like all Rallyes, this one is also equipped with aerodynamically actuated slats that enable stable, predictable handling at low speeds and enable comfortable operation from short strips. Trailing-link main gear provides a plush ride over rough strips, and a 60-gallon fuel capacity provides range as well as the option to tanker fuel into remote areas with few refueling options.

For a unique yet proven airplane that provides open-cockpit levels of visibility and unlocks access to short, remote strips, this Rallye checks quite a few boxes on the “nice to have” list.

You can arrange financing of the aircraft through FLYING Finance and quickly calculate your monthly payment using the airplane finance calculator. For more information, email info@flyingfinance.com. 

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Cessna 150s and 152s run the gamut between $25,000 basketcases in need of paint and engine overhauls on up to better-than-new, museum-quality examples with six-figure prices. While trending toward the upper end of the price range, this 152 has a lot going for it. Not only have many parts been upgraded—it’s been meticulously maintained and flown an average of 200 hours per year for the last five years.

• READ MORE: Bargain Buys on AircraftForSale: 1951 Mooney M-18 Mite

Among the various modifications, one of the most notable is the complete removal of the vacuum system. In its place are two AV30s, a Garmin Aera 660 GPS, and a Garmin GTX345 transponder with ADS-B in and out. A new nav/com and dual USB ports complete the refreshed panel, and a Tanis preheat system ensure cold weather doesn’t bring your flying to a halt.

A total of 1,134 hours since major overhaul on the Lycoming O-235 means the engine is approximately halfway to TBO. This equates to many years of flying for most owners. Additionally, the last five annual inspections have been performed by Poplar Grove Airmotive, one of the most renowned maintenance facilities in the Midwest. 

For a simple, proven airplane that has been extremely well sorted, thoroughly updated, and flown regularly, this 152 is tough to beat.

You can arrange financing of the aircraft through FLYING Finance and quickly calculate your monthly payment using the airplane finance calculator. For more information, email info@flyingfinance.com. 

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Designed for extreme operating efficiency, the diminutive Mite has only one seat mounted within a snug cockpit with a bubble canopy. Everything about the Mite is small, including the tiny retractable landing gear and the 65-horsepower Lycoming engine. But as the saying goes, small hinges swing big doors, and if you’re lucky enough to fit inside, you can expect to enjoy a 125 mph cruising speed. That works out to a stunning 2 mph per horsepower. Throttle back to 2450 rpm, and it returns a similarly stunning fuel burn of around 3.5 gallons per hour.

The long, thin wing of the 520-pound (empty) Mite performs equally well at low speeds. Original Mooney marketing material lists a stall speed of only 43 miles per hour, a takeoff distance of 290 feet, and a landing distance of 275 feet. Empty weight is listed as approximately 520 pounds, with a gross weight of 850 pounds. With a 15-gallon fuel capacity, useful load is approximately 240 pounds.

Any aircraft with a wooden airframe demands care and attention, and the Mite is no exception. Fortunately, this example was thoroughly rebuilt in 1997 and is in annual. Interior and paint are reportedly very good, and while the panel is relatively simple, it’s also tidy with a logical layout.

Few aircraft types offer the combination of economy, speed, and exclusivity as the Mooney Mite. And with only 94 actively registered on the FAA registry, few aircraft types will turn as many heads at fly-ins as the Mite.

• Learn more about the Mooney Mite here.

You can arrange financing of the aircraft through FLYING Finance. For more information, email info@flyingfinance.com. Calculate your monthly payment using their airplane finance calculator.

Editor’s note: To view a great air-to-air photo of the plane submitted by a previous owner, Cliff Tatum, visit this site and scroll to June 2017.

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First flown in 1991, the Model 4 improved on the preceding three Kitfoxes by utilizing a laminar-flow airfoil and improved flaperons. The Model 4-1200 was the final version of the Model 4 and added a strengthened airframe that increased the gross weight significantly to 1,200 pounds. The -1200 also incorporated a larger rudder and vertical stabilizer for improved control authority.

• READ MORE: Bargain Buys on AircraftForSale: 1965 Cessna 150E

With 7,363 hours on the airframe, this particular Kitfox has seen significant use, but it appears to have been very well cared for. With no reported damage history and an airframe and fabric rated at 8/10, it appears to be a well-sorted and well cared for example with plenty of life left. 

Kitfoxes are available with a variety of engines, and this example sports a four-cylinder Jabiru. One Kitfox owner with the same setup reports a 95 mph cruise speed while burning only 3 gallons per hour. The same owner reports seeing healthy climb rates of 1,200 feet per minute. 

Unlike many aircraft types, the Kitfox has foldable wings. This enables the airplane to be tucked into a small corner of a standard aircraft hangar, presenting the option of subletting a section of another renter’s hangar for relatively little rent. Alternatively, the excellent short-field performance opens up the possibility of landing in a large backyard and using a standard car garage as a hangar.

You can arrange financing of the aircraft through FLYING Finance. For more information, email info@flyingfinance.com.

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Over the decades, Luscombes have become known for two things: a simple, pure flying experience devoid of any extraneous weight or complexity and snappy, responsive controls that do precisely what the pilot commands – for better or for worse. Compared to many comparable types, the Luscombe is one you fly with your fingertips.

• READ MORE: 1946 Luscombe 8E and Mt. Rainier

This particular example is deluxe as Luscombes 8s go. It’s equipped with a peppy Continental C90 that has a new alternator and voltage regulator—a far cry from the bare-bones Luscombes that lack electrical systems entirely. In the past few years, the C90 has had the carb rebuilt and the exhaust replaced.

Elsewhere, intelligent mods abound. New inertia-reel shoulder harnesses keep you safe without restricting forward movement to peer to the right or left in turns. The brakes have been upgraded to dependable Groves, and the interior is clean and tidy

The panel offers a fantastic blend of simplicity and modern functionality. A modern Garmin radio and transponder comprise the avionics stack, and a uAvionix skyBeacon provides ADS-B out. Should the new owner wish to add a bit more functionality, the VOR receiver, mounted front and center, could be cleanly replaced with a modern, lightweight multifunction flight display such as the Garmin GI 275 to retain the vintage look.

You can arrange financing of the aircraft through FLYING Finance. For more information, email info@flyingfinance.com.

The post Bargain Buys on AircraftForSale: 1947 Luscombe 8E appeared first on Plane & Pilot Magazine.

Pilots interested in an economical, fun-to-fly four-place aircraft should consider this 1957 Piper PA-22-150 Tri-Pacer, which is available for $64,000 on AircraftForSale.

Derived from the PA-20 Pacer taildragger, Piper’s PA-22 Tri-Pacer adds tricycle gear for surefooted handling in crosswinds and notably less expensive insurance premiums. Purists love Piper’s robust, fabric-covered tubular steel airframe, reasoning that it is superior to the stressed-skin aluminum fuselage construction utilized by Cessna and Beechcraft. The steel cage is said to provide better protection to occupants, and the fabric covering can make both inspection and repair easier than aluminum counterparts.

Equipped with a 150-horsepower Lycoming O-320 and a left-side rear door, the Tri-Pacer is equally happy bringing friends and pets along as it is toting camping equipment for weekend adventures. Although this particular example doesn’t have a rear seat installed, Piper parts are plentiful and not overly expensive compared to many other types. Beefy bungee-cord-equipped main gear holds up well to rough runways, and vortex generators provide crisp, responsive handling.

With only 2,650 hours on the airframe, 815 hours since the major overhaul of the engine, and only 355 hours since new cylinders were installed, this Tri-Pacer is poised to provide its next owner with many years of economical flying. Perhaps best of all, the fabric was replaced with Ceconite in 2003 and repainted in a classic scheme—a job easily worth over $40,000 alone.

But the owner didn’t stop there! A look inside reveals a completely new interior that was installed in 2016, including fresh soundproofing for a quieter, less fatiguing cabin environment. In addition to fresh carpet and upholstery, the panel is in outstanding shape, free from the ugly cracked and weathered plastic trim pieces that are so commonly found. A set of AV-30 digital gauges replace the heavy vacuum system, a Stratus ESG transponder provides ADS-B out, and a Garmin Aera 660 GPS is neatly installed in its recessed panel mount.

At $64,000, this Tri-Pacer is more expensive than many examples, but with over $40,000 in new paint and fabric and many thousands of dollars in new cylinders, updated interior, and advanced avionics, it seems to be an exceptional value that will likely provide decades of economical, trouble-free ownership.

You can arrange financing of the aircraft through FLYING Finance. For more information, email info@flyingfinance.com.

The post Bargain Buys on AircraftForSale: 1957 Piper PA-22-150 Tri-Pacer appeared first on Plane & Pilot Magazine.

Pilots interested in an economical, fun-to-fly four-place aircraft should consider this 1976 Grumman American AA-5A Cheetah, which is available for $60,000 on AircraftForSale.

The Cheetah is the mid-range model among Grumman’s four-place offerings. Equipped with a 150-horsepower Lycoming O-320, the AA-5A Cheetah was essentially a modified version of the original AA-5 Traveler, adding important upgrades such as a larger horizontal stabilizer that results in a wider center of gravity range and 15 additional gallons of fuel capacity.

• READ MORE: Bargain Buys on AircraftForSale: 1949 Piper PA-16 Clipper

With over 3,000 examples built between 1971 and 2006, the AA-5 family of aircraft is common enough that parts are plentiful and easily sourced. Additionally, the vibrant Grumman Owners and Pilots Association enthusiastically supports new Grumman owners with knowledge, expertise, and regular events. And as we discovered in last summer’s comparison between the AA-5 and the Mooney M-20 series, the Grumman’s fixed landing gear results in insurance premiums that are thousands of dollars less per year than retractable gear alternatives.

Most important, however, is the flying experience. Rather than traditional cables, torque tubes and push/pull rods are used to actuate the ailerons, resulting in quick, precise, fingertip handling. The unique Grumman canopy offers a panoramic view and slides back on rails to provide cabin access from both sides. On warm days, it can be left partially open in flight, and it can be slid fully aft after landing to dump hot cabin air.

This particular example has just over 3,000 hours on the airframe and 1,847 hours on the engine since major overhaul. While this is coming up on the 2,000-hour TBO, prospective buyers should note that the $60,000 asking price is substantially less than the $79,000 average price for the Cheetahs we surveyed last summer, leaving some room in the budget for a fresh engine overhaul. It has always been hangared, and it includes complete logs since new.

You can arrange financing of the aircraft through FLYING Finance. For more information, email info@flyingfinance.com.

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