Danny,
I agree with your reasoning, but have a little bit of data to add. I just finished a complete overhaul of my Lycoming IO 360 on my Beech Sierra and it is costing ~$25K. It would have been more but the existing mags are better than what can be purchased and the fuel control servo is being reused because it only has about 50 hours worth of use on it. It also is a lot less than a replacement engine and a lot less than a Lycoming factory rebuild. I shopped around and am pretty sure I am getting about as good a bang for my buck as I could.
The cost includes remounting the engine and replacing all the hoses etc. Lord Engine mounts alone were ~$1200.
It boggles my mind to recall that I purchased this airplane about 25 years ago for $22K. Go figure.
Bottom line you may be surprised if you do have to rebuild the engine.
Good luck,
John Barrett
From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of Danny Miller
Sent: Sunday, December 12, 2010 12:35 PM
To: lml@lancaironline.net
Subject: [LML] Performance Engines
I’ve heard through the grapevine (reliable FAA resources) that PE is now under investigation by the FAA but I haven’t been able to verify it. Does anybody know for a fact that the previously posted indiscretions by PE have been reported to the FAA? Feel free to ping me offline if you’d like to keep it confidential.
I’m looking at buying a 360 with one of their engines but with all I’ve read lately, I’m reluctant to make an offer that doesn’t account for the strong possibility of a failed engine. Conservative wisdom and practice would indicate an offer of reduced value to tear down the current engine for inspection and possible O/H. This would likely be $10k to $15k if I do it myself, depending on what it may need.
Danny Miller
Still searching for an LNC2
N 38° 43' 27"
W 77° 30' 38"
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