What's your take on a mid-time engine (Cont O-470R) with an unusually high calendar time SMOH??? In this case the plane has been owned by the same guy for decades, and allegedly flown fairly regular (average would be 20 something hours a year)
What kind of affect does it have on the value of the plane??
How far does one take the "on condition" engine as far as calendar time goes?? I'm sure there has been some cylinder work since then, but no record of a top overhaul. Many of us have engines that are well over the 12 year calendar limit I'm sure...my cub included....
Seems to me that if the engine isn't making metal and power and compressions are good, the bottom end is in good shape?!?! I've heard of 3,500 hour Continentals but
Lets say you buy the plane and a short time later you need a top overhaul and discover an issue with the bottom end. Since only a mid-time engine (hours), would an IRAN still be a good idea as far as resale value...maybe you bought the plane cheap enough that you wouldn't be upside down on it after this kind of engine work...
Anyway, what do you guys think?? I know, not many specifics, but I don't think they matter too much...more of a general question.


What to do....