EUROPA CLASSIC TRI GEAR
2003 Experimental
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 listed but no GPS navigator detected. Ask the owner about the full IFR navigation suite.
- 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
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.
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.
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
- Price reduced· Aug 31, 2026$62,000−$2,625 (-4%)
- 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
≈ $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.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| 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.
View the original listing
This aircraft is listed on Barnstormers. Contact and full details are on the source site.
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