ClubHanger
BarnstormersA Price drop $2,625

EUROPA CLASSIC TRI GEAR

2003 Experimental

Mooresburg, TN Listed 1 month ago

About this aircraft

$62,000 · FOR SALE · N295LC - 99.2 TTAF&E, 132kt cruise Built 2003-2005 at Europa Builder Assist Center Certified EAB in 2005. Custom built 0-200 with 9.4:1 pistons, Millenium Cylinders, Dual Lightspeed Plasma Gen I Ignition - 115hp. Hangered 2006-2025 by original builder. Purchased from builder in Sept 2025 after Annual Inspection July 2025. New GRT/Trig panel upgrade with Autopilot & ADS-B, new Warp Speed 3-Blade Prop. Inventory and update details in Spec File. Sale includes new custom 22x8.5 enclosed trailer to store (no hanger needed) and fresh annual. Includes builders manual, user manuals, and log books.

Specifications

Year
2003
Total time (TTAF)
99 hrs
Annual due
Jul 2025

Avionics & panel

Autopilot installed

Autopilot listed but no GPS navigator detected. Ask the owner about the full IFR navigation suite.

ADS-B OutAutopilot
  • GRT panel
  • Trig panel
  • Autopilot
  • ADS-B
  • Warp Speed 3-Blade Prop

Equipment list extracted from the seller's description. Verify with logbooks before purchase.

How this stacks up

1 in this listing's favor2 to ask about
  • Listed 1 month ago

    On the market for a month or more — worth asking about negotiating room

  • Price reduced $2,625

    Down 4% from the original $64,625 — a seller motivation signal

  • Annual may be overdue

    The listing states the annual was due Jul 2025 — confirm the aircraft has a current annual before you commit

  • 2/5 key specs

    Key information is missing — ask the seller about hours, engine time, and registration

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Airframe time

Average over the aircraft's life — 99 hrs total time across ~23 years. A rule of thumb, not a guarantee.

4 hrs/yrLow time

Low-time for its age

This airframe has averaged about 4 hrs/year over ~23 years — light use for a personal aircraft. Fewer hours can mean lighter wear, but aircraft that sit also risk dried seals, corrosion, and stale fuel-system components. Ask how regularly it's flown and what the recent annual inspections found.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

Jul 2025Verify

Annual inspection may be overdue

The listing states the annual was due Jul 2025, about 13 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

Price history

  1. Price reduced· Aug 31, 2026$62,000$2,625 (-4%)
  2. Listed · Jul 6, 2026$64,625

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Your actual costs will vary.

As a sole owner

$1,885/mo$22,620/yr

$226 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$62,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,620 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$62,000$1,885/mo$22,620/yr
1/2 share$31,000$1,443/mo$17,310/yr
1/3 share$20,667$1,295/mo$15,540/yr
1/4 share$15,500$1,221/mo$14,655/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Price

$62,000

$64,625

Listing trust

1/4
  • Complete detailsYear, registration, make/model, and a full description.
  • Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
  • Transparent priceA real asking price, not "contact for price".
  • Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.
What do these mean? →

View the original listing

This aircraft is listed on Barnstormers. Contact and full details are on the source site.

View on Barnstormers

Get alerts for new Experimental listings

We'll email you when a new Experimental aircraft is listed. One email field, no account needed.

90 aircraft match right now — we'll email you when the next one lists.

Alert me if the price drops

We'll email you the moment the price on this listing drops. One email field, no account needed.

More ways we can help

We're exploring these too — let us know what you'd use.