I have an opportunity to buy a used engine and need some advice on working out a fair price.
If a Lycoming of the type required for my RV-4 project can be bought new for say, $22,000, what would be a fair price for an engine with 1000 hours of flight time (assuming known history, good compressions, no accidents, etc)?
What factors would you take into account to move the price up or down?
Thanks for your help
Nigel Marshall
RV-4 Finishing
Chevreuse, France
If a Lycoming of the type required for my RV-4 project can be bought new for say, $22,000, what would be a fair price for an engine with 1000 hours of flight time (assuming known history, good compressions, no accidents, etc)?
What factors would you take into account to move the price up or down?
Thanks for your help
Nigel Marshall
RV-4 Finishing
Chevreuse, France