AEA Pilot's Guide 2019-2020 - 66

IS IT TIME TO UPGRADE OR TRADE?
Continued from page 65

Air C 9 0 - lucky you. Fortunately, you've found two for
sale at your local airport, but one is considerably more
expensive than the other. Do you discount the moreexpensive one altogether?
"If the higher-priced airplane had a fresh phase-onethrough-four inspection and the six-year landing gear
inspection is already completed, I'd say it may be the
better choice," Roth said. "Especially if the lower-priced
airplane still needs that work done and you have no
idea what the inspections will uncover and at what cost.
"It's better to buy the airplane that has had all that
maintenance completed and just roll the higher price
into your monthly payments. At least you know where
you'll stand with no surprises."
While that theory is fantastic, it can be a little hard
to put into practice these days. It seems that a growing
number of aircraft owners are on to this and, with the
a ionics retrofit ar et boo in are oin si nificant
upgrades and then keeping their aircraft longer - at
least until their current situation changes.
The M.C. Escher approach:
Sometimes, you go down to go up
What does Dutch graphic artist M.C . Escher's
famous mathematically inspired graphic titled
elati it
ith all the stairs oin in ifferent
directions - have to do with aircraft upgrades? Maybe
more than you think. Sometimes, getting where you
ant eans first ta in an northo o step in a
co pletel ifferent irection.

"Say you need more seats and want to move up from
your Beechcraft C 9 0 to a King Air B2 00, but the price is
holding you back," Roth said. "The direction you need
to take may not be up, but laterally or even downward.
For e a ple o
i ht fin a
that is an earlier
o el than o r
eepin o r tra e ifference
o n at an affor able le el.
Of course, if a lateral jump doesn't work, maybe you
need to take a slight step down to best meet your goals.
"I actually went backward when I ' upgraded' my
Mooney," Pilkington explained. "I had a nice 19 8 6
Mooney MSE with good paint and interior. It had a
Garmin 530 and a slaved HSI, but the engine was
approaching TBO.
"So instead of spending $30,000-plus on an engine
overhaul, I sold it and ' moved up' to a 19 65 Mooney
M2 0E with only 100 hours on the engine. It had old
in ip op ra ios b t oo paint an interior. spent
$35,000 for the airplane.
"To upgrade the avionics, I bought a pre-owned
Garmin 4 30, an L ED King KX -155 C om, and a new
Appareo Stratus ADS-B and got it all installed for
$18 ,000. So I have an airplane with a new engine and
ADS-B avionics for the same price that I sold my other
Mooney, and I didn't lose any performance or utility and
it's not priced out of the market."
Pilkington makes a good point: You can buy
a 4 0-year-old airplane and, from a performance
stan point it s irt all the sa e as one that rolle off
the actor oor last ear. That s h so an o ners
take such a hard look at upgrading their avionics -
Continued on page 68...

AFTER

BEFORE
- 66 -



AEA Pilot's Guide 2019-2020

Table of Contents for the Digital Edition of AEA Pilot's Guide 2019-2020

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AEA Pilot's Guide 2019-2020 - Intro
AEA Pilot's Guide 2019-2020 - No label
AEA Pilot's Guide 2019-2020 - Cover2
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AEA Pilot's Guide 2019-2020 - Cover3
AEA Pilot's Guide 2019-2020 - Cover4
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