78 Cessna 152 - Ideal IFR Trainer Only 190 SMOH - Pmts. $393/mo. Cessna 150 172

Sale price: US $54,900.00 Make an Offer

Condition: Used Make: Cessna
Featured Refinements: Cessna 152 Model Year: 1978

Corona, California, United States

Vehicle description

Remarkably nice & very desirable 1978 Cessna 152 Only 190 Hours Since Major (SMOH) (2400 TBO) and low TT of 6800. Full IFR with dual digital Nav/Coms, Glide Slope DME and More!
Buy and fly for your BASIC OR IFR training then resell and recoup your investment or even make money (based upon recent appreciation of training type airplanes)
Only 10% down and payments of under $400 per month. oac Easy Qualification.
Potential Leaseback Money Machine:
Hourly Rental $109 Less Hourly Expenses: Fuel . . . . . $30.00 (high estimate) Reserves $20.00 (engine overhaul - when needed* and 100/hr. inspections). Miscl. $10.00 (other unanticipated costs) Total Exp. $60.00 per hour Net Profit $49.00 per hour
*The Cessna 152 is arguably the best trainer for leaseback income because of the high time between overhaul (TBO), in this case 2400. The engine time on this particular airplane is only 190 hours, giving you years of income without even thinking about doing a major overhaul. (It is wise however to set up a reserve account to provide for the overhaul, when due)
Anticipated revenue Income Hours in most club or school settings:
40 Hours of Income: $1960.00 (40x$49) 50 Hours of Income: $2450.00 (50x$49) 60 Hours of Income: $2940.00 (60x$49) 70 Hours of Income: $3430.00 (70x$49)
From that you"ll need to deduct for monthly insurance costs and other fixed monthly expenses; storage, hanger or tie-down, other operational costs, airplane payment, etc.
There are also some significant income tax benefits associated with owning and leasing aircraft. Contact us for additional information on owning an airplane for leaseback income.
Message or Call as you prefer - Phone call/text
Avionics: King KMA-20 Audio Panel Narco MK 12D Digital Nav/Com & Glideslope Cessna MX300 Digital Nav/Com VOR King DME Cessna Transponder
Exterior Condition 7 Plus (could be polished) Interior Condition 9 Plus (very good shape)
International Buyers: We are export specialists - call for a container shipping quote.
Airplane may be seen at the Corona Airport in Corona CA (KOJO). Ask for space number and directions.
We can help with your aircraft financing even if you"re buying elsewhere. Low as 5% Down
We take most anything in Trade (cars, boats, real estate, jewelry, motorcycles, ? ?)
We are cash buyers for used airplanes in most any condition; run-out, out of annual, not flown for years, Instant CA$H or ask about our Guaranteed to sell in 30 day listing program.
Call us today Select Aircraft 702-801-0966 cell - call/text
AIRCRAFT SUBJECT TO PRIOR SALE OR REMOVAL FROM THE MARKET AT ANY TIME. SPECS AND HOURS ARE BELIEVED TO BE CORRECT BUT ARE NOT GUARANTEED PLEASE ARRANGE YOUR OWN INDEPENDENT VERIFICATION OR INSPECTION. TERMS SUBJECT TO CREDIT APPROVAL. AS TO LEASEBACKS. THEY COME WITH SOME RISKS, CONTACT US FOR ADDITIONAL DETAILS THEN CONSULT WITH YOUR OWN CPA OR LEGAL ADVISOR FOR HOW THIS CAN WORK FOR YOU.