New York Citabria Deal Comparison: Making an Informed Aircraft Purchase Decision
A detailed analysis of two Citabria aircraft deals - one located in New York with low engine time and potential fuselage issues, and another locally with engine concerns but better fabric condition. Negotiations include proposed prices and logistics for purchase. Decision-making factors such as price adjustments and authorizing a club member's road trip are discussed in light of the aircraft's specifications and market values.
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New York Citabria Deal being Finalized Found on Bellanca-Champion Club Fly Market Website (listed in Nov 2014) 12/14
Fuselage Repaint in 1998 (Photos of cosmetic paint coat cracking)
Comparison of Citabrias Comparative Value of Creve Coeur vs NY Plane 1975 7ECA 1969 7ECA Travel to Check- Out and Fly it back 900 miles Location Total Time SMOH Recent Engine Time Years since O/H Metal Wing Yrs Since Wing Instld 36 gal fuel 1,750 GW Larger Struts Spades Fuselage Fabric Age Interior Age Wheel Pants Nav/Com Transponder GPS Parachutes Canopy Cover Annual Damage History Glens Falls, NY 1940 200 50/yr 4 Yes 2 Yes Yes Yes Yes 40 17 Yes King 155 KT-76A 496 No Yes Fresh No Creve Coeur 3347 803 10/yr 20 Yes 13 Yes Yes Yes Yes 13 13 Yes IC-A200 GTX 320 No Yes No Needs No Total + $2,000 - $1,400 - $6,000 Higher Risk Higher Risk --- Less Depreciated --- --- --- --- + $5,000 + $500 --- + $400 + $400 - $800 + $1,500 - $200 + $600 --- + $2.000 Ignoring Purchase Price, plus s & minus s balance out Except for High Risk Engine Price $46,900 $58,900 - $12,000
New York Plane Negotiations I've had an e-mail dialogue with the owner of the Citabria in eastern NY. His plane has quite a few items that make it more valuable than John Teipen's. Saturday, I sent the following to this owner: "Your 7ECA seems very nice. My main concern is how long before the fuselage fabric needs to be replaced. When our club voted to add a Citabria, we had planned on one in the $40 - $45K range. We've been watching the metal spar Citabria market and in the last month have seen a 7GCAA (880 SMOH) sell for just over $40K and a 7ECA (680 SMOH) sell for $36K. Yours does have lower engine time but we need to find one closer to our price range. The logistics of closing the sale and relocating the airplane over 900 miles in the Winter seems problematic also. So unfortunately, I don't believe we will be able make you a high enough offer to make you part with your Citabria." I received the following response from him: Mike, My partner and I agreed over the weekend to propose a $46,900 sale price to you. I understand your question about the fabric but it's integrity has never been an issue in previous inspections. Regarding logistics, there are ways of mitigating those expenses. Anyhow, we want you to know our (surprising, to me) bottom line. Good luck with your search. Steve So, we have one Citabria (900 miles away, low time, 200 hs & 4 years SMOH, w/GPS, some fuselage paint cracking, 2 yrs since wing replacement) for $46.900 (a $10K reduction) and another one (local, 800 SMOH, engine concerns, great fabric, 13 years since wing replacement) for $58,500. Can we get John down $15,000? Do we want to authorize a 2 club member road trip to bring home a plane?
NY Citabria has Better EW Center of Gravity Example 1: Minimum front seat pilot weight for Pic to Instruct Aerobatics from Rear Seat Example 2: Maximum front seat pilot weight for Pic to Instruct Aerobatics from Rear Seat Weight Arm 12.0 -36.0 11.5 24.5 42.0 16.3 Moment 14064.7 -405.0 1840.0 2940.0 9030.0 27469.7 Weight Arm 12.0 -36.0 11.5 24.5 42.0 16.1 Moment 14064.7 -405.0 2622.0 2940.0 9030.0 28251.7 Empty Weight 1,176 Empty Weight 1,176 Oil 11 160 120 215 Oil 11 228 120 215 Front Seat Front Seat Fuel Fuel Rear Seat Total 1,682 Rear Seat Total 1,750 Example 3: Maximum front seat pilot weight for Pic to Instruct from Rear Seat w/20 gal Fuel Example 4: Maximum front seat pilot weight for Pic to Instruct from Rear Seat w/full Fuel Weight Arm 12.0 -36.0 11.5 24.5 42.0 15.9 Moment 14064.7 -405.0 2794.5 2940.0 8400.0 27794.2 Weight Arm 12.0 -36.0 11.5 24.5 42.0 16.6 Moment 14064.7 -405.0 1759.5 5145.0 8400.0 28964.2 Empty Weight 1,176 Empty Weight 1,176 Oil 11 243 120 200 Oil 11 153 210 200 Front Seat Front Seat Fuel Fuel Rear Seat Total 1,750 Rear Seat Total 1,750 Aerobatic Arm limit Gross Weight limit 16.3 18.2 1,750
