How Much Does a New Engine Cost?

So how much does a freshly overhauled zero time Lycoming 0320 engine really cost? There are many places that you can buy an engine, and this was how I made my decision to buy a new engine for my 1968 Cessna 177 Cardinal. I need a warranty anything you buy over several thousand dollars needs a warranty with it and the engine is an expensive big ticket item and I need to buy it from a reputable company that will stand behind their work and is your warranty. That alone limits it down to a handful of companies. It came down to two companies and the cost difference was only $1000 apart however the lead time was what drew me to the final decision. I decided to go with Airmark overhaul out of Fort Lauderdale Florida. They were amazing to deal with on the phone and they gave me a written quote and spelled every little detail out. So the price out the door with an exchange of my old engine was $22,550 and this came with new Lycoming cylinders from the factory it came with new magnetos new magneto harness new spark plugs a new carburetor a new starter and the best part was a one year or 480 hour warranty at 100% and a limited pro rated warranty that’ll continue to two years or TBO, whichever occurs from the date of the overhaul. Accessories or also warranted for six months or 240 hours. Yes! I bought an airplane! This program has some initial numbers and breaks down the monthly expenses. Owning an airplane can be affordable... but the upgrades.... That is what will get me. Watch this program to find out what ownership costs. Have you always wanted to learn how to fly but now you are over 50? Get out there and start and learn! There are so many people in there 50's and 60's who are just starting to fly so what are you waiting for?