by Kristin Winter » Tue Nov 11, 2014 12:56 am
Matt,
There were a number of problems, the central was the engine. From what I gathered, with some reading between the lines, the on site mechanic wasn't particularly skilled at dealing with the buyer and seller, which is a part of a pre-purchase inspection. The IA ticked off the owner who flounced out of the deal. The photos taken by the IA's videoscope were way too grainy to know what was up. After the seller claimed down, he was willing to submit to a second opinion on the corrosion. I suggested to the seller that he had Tim Talley of Clifton Aero look at it because the aircraft was nearby to Tim and I know Tim has extensive experience doing pre-purchase inspections. Tim didn't find the corrosion to be all that big a deal, though I believe that the seller made further some price concessions and the deal went through. They may have pulled a cylinder, I don't recall.
I appreciate Savvy's position and I commend them for tackling a problem in the industry, which is poor quality pre-purchase inspections. One of the problems in doing it as a large, high profile organization is that the interest of the organization is to be conservative about saying that an aircraft is OK to buy. If you are wrong, then the buyer could come after you. However, the buyer has an interest in the deal going forward, has he/she has money invested in getting to the point where someone is actually looking over the object of their desire. The potential buyer loses money by walking away.
When I do a pre-buy, I don't generally tell the owner whether they should buy the plane or not. I explain the risks based on what I saw. The pre-buy, as Mike points out in a well-written piece in the latest Sport Aviation magazine, is an economic assessment, not an inspection per se. The buyer ultimately has to decide whether to buy or not. If asked if I would buy the aircraft based on condition and price, I explain my assumptions before answering. I may suggest ways to reduce the risk, if such are available.
I wasn't on scene, though I did have a couple of lengthy phone calls with the buyer. New buyers can be touchy, as can the sellers. As related to me, Savvy told the buyer to walk away and the IA on site seemed to piss off the seller, somehow. Clearly communications was an issue. Mike is correct that the buyer was infatuated with the aircraft. Mike seemed at the time and from what you posted, still is, miffed that the buyer didn't take their advice and walk away. Personally, I don't think that Savvy should be telling the buyer whether to buy or not. I think that they should be pointing out the risks. This buyer paid way more for a Dakota than I would ever have paid. I would never have chased that airplane. However, it wasn't my money. The buyer so far is very happy with his new plane and is busy taking IFR training. Lets hope it works out for him.
Thanks for the follow up on this.
Kristin