At 11:00 AM 12/8/2011, you wrote:
>"I have two Lycoming 0-235-C model engines for sale. One is a possible
>usable engine for homebuilt, light sport aircraft. The other is for parts
>only.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

You didn't indicate what the asking price was for the engines or how 
much time on the "useable" engine.

My first concern would be the phrase "One is a possible usable engine 
for homebuilt, light sport aircraft."  Second concern would be the 
cost of a carb, probably $750 for a good one.  Parts for the small 
Lycombing engines are , to me, outrageous.  A cylinder for a 
Continental 0-200 is high, $800, but the Lycombing goes for 
$1200.  Other parts like crank shafts, etc., are also very expensive.

Things to consider:
How much time on the engine.
How long out of service.
Was it factory remanufactured, factory overhaul, or a local Joe Blow overhaul.
Check the logs for work done since overhaul
How much time on the mags.
What is the history of compression tests
Why is the engine available, storm damage, crash with prop strike, 
removed for newer engine, etc.
Have an A&P check the prop flange for alignment (run-out I think it's called)

Lycombing engines in the 0-320 range, when treated well and run 
regularly, can go well beyond recommended overhaul.  I suspect the 
smaller bore engines are reliable as well but I'd want to start with 
a good one.

I haven't checked engine prices for quite some time now and may be 
way off base, but I suspect a start from scratch and done right 
Corvair engine will set you back $6000 to $7000 before it's ready to 
fly.  A mid time 0-200 would probably be in that same range as well 
as a smaller Lycombing.  I'm not an engine mechanic so I went with 
the 0-200 straight off a Cessna 150.  If I were deciding between an 
0-200 and an 0-235 with only 8 more horse power, I'd probably go with 
the 0-200 for the lower major component cost.  That's just my opinion 
based on past experience and opinions are only worth what you pay for them.

Good luck............

Larry


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