Oh god its for sale! PA 48E

[dave siegler]

Save your pennies. 

https://www.trade-a-plane.com/search?s-type=aircraft&listing_id=2385623&fbclid=IwAR3koocnzhLZaHIfiCiV_Tb7DC3rNLaaN2UFrXPaKauJp_lDy_AD9zRymA0

[gene poremba]

 sorta related story. Back in the early 70's a local pilot was selling his flyable P-51 Mustang for $60,000. I tried to convince my father to mortgage the house to buy it and he said i was nuts. I recently looked up the N number and see its still flying and was last purchased for a tad over 1 million dollars. I worked hard to get my pilots license back then at $12 per hr with instructor. Probably would have killed myself in it if we would have bought it....Gene

[Dennis Leonhardi]

sorta related story. Back in the early 70's a local pilot was selling his flyable P-51 Mustang for $60,000. I tried to convince my father to mortgage the house to buy it and he said i was nuts. I recently looked up the N number and see its still flying and was last purchased for a tad over 1 million dollars. I worked hard to get my pilots license back then at $12 per hr with instructor. Probably would have killed myself in it if we would have bought it....Gene

Sounds like a win-win to me!  You could (1) have died happy or (2) be rich now!

 

[Ted Fancher]

sorta related story. Back in the early 70's a local pilot was selling his flyable P-51 Mustang for $60,000. I tried to convince my father to mortgage the house to buy it and he said i was nuts. I recently looked up the N number and see its still flying and was last purchased for a tad over 1 million dollars. I worked hard to get my pilots license back then at $12 per hr with instructor. Probably would have killed myself in it if we would have bought it....Gene

Loved this post, Gene.  When I was a young teenager I worked at my Dad's Cessna Dealership at the Renton, Washington airport as a gasboy/hangar maid/washer of Cessna 120 and 140 trainers which rented for....you guessed it, $12.00 dual and 9:00 Solo an hour!  Probably started at around age 12 (learned to drive the gas truck at 13!) in ~1956.  Would that date mesh with your dual training?  Where'd you train, by the way?

Ted Fancher

[M Spencer]

theresalotta pictures there .

[PerttiMe]

sorta related story. Back in the early 70's a local pilot was selling his flyable P-51 Mustang for $60,000. I tried to convince my father to mortgage the house to buy it and he said i was nuts. I recently looked up the N number and see its still flying and was last purchased for a tad over 1 million dollars....

But how much was spent keeping it flyable?

Whatever the engineers and scientists say, the one thing that makes an aircraft fly is MONEY.
( ... I saw words to that effect on a home built airplane site. Rans?)

------
A PA-48 Enforcer would be a rarily. Four were built

"they shared less than 10 percent of their structure with the P-51, and were longer and larger. Essentially, the PA-48 Enforcer was a completely new aircraft. "
https://en.wikipedia.org/wiki/Piper_PA-48_Enforcer

[gene poremba]

 PerttiMe, You are correct about what it would have cost over the years to keep it flying over all those years! A lot for sure.

  Ted, I was born and raised in Pottstown Pa, just outside of Philadelphia.  I was fortunate to live in an area that was saturated with warbirds. It was normal for Gary Levitz to come ripping over our house just above the trees, in his bright orange mustang, to buzz the airport boys. Gary was from Pottstown also. The airport in Chester County had  Mustangs, Corsair, wildcat, F-86, and allways  had visiting warbirds of all types. My father would drop me off at the Reading airport ( during the airshow week) in the morning and i would spend the entire day there during the early 70s hay days. Sorry guys, didnt mean to high jack this thread. That picture just brought back memories of long ago.....Gene

[FLOYD CARTER]

It's possible to get into the air "on the cheap".  In 1963, I decided to learn to fly.  I bought a basket-case Aeronca and spent 6 months restoring it by myself, including overhauling the engine. I hired an instructor-friend who didn't charge much. Avgas was $1.50 a gallon. Space at the airport parking was donated by a friend who wasn't using it. Pretty son, I had earned a license. All without causing a strain on our family budget.
I guess those days are gone forever.

[Will Hinton]

When I started my flight school in 1973 I was giving package deals for a private license, ALL inclusive, for $600.00!!!  Our 150 rented wet solo for $12.00 and the 172 for 15.00.