BarnstormersB Price drop $10,000

2001 GSI GLASTAR

Name: 2001 GSI GLASTAR
Brand: Float Plane
Price: 155000 USD
Availability: InStock

2001 Float Plane

Listed 3 months ago

About this aircraft

$155,000 · PRICE REDUCED · -$USD- 520 TTSN Engine: Lycoming 0-360, 500hr crankshaft, light-speed Plasma 11 ignition, 2 LY97A coms, Narco AT 150 Transponder, Dynon Skyview Classic, MGL AXS-1 Altimeter & airspeed Garmin 296, GPS MD792c/a, i-Pad Air Trutrak autopilot intercom, Currently on wheels, amphib floats included. BRAND NEW Engine Pistons, Cylinders, Camshaft lifters Contact: Darren Whieldon 604-805-7798

Specifications

Year: 2001
Total time (TTAF): 520 hrs
Engine time (SMOH): 500 hrs

Avionics & panel

IFR-equipped: GPS + autopilot

GPS navigator and autopilot; WAAS capability not specified — verify with owner for LPV approaches.

AutopilotGPS navigator

Light-speed Plasma 11 ignition
LY97A
Narco AT 150 Transponder
Dynon Skyview Classic
MGL AXS-1 Altimeter & airspeed
Garmin 296
GPS MD792c/a
Trutrak autopilot

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

How this stacks up

2 in this listing's favor

Listed 3 months ago
Long listing cycle — seller may have flexibility on price
Price reduced $10,000
Down 6% from the original $165,000 — a seller motivation signal
3/5 key specs
Most key specs are provided; verify any missing details with the seller

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 — 520 hrs total time across ~25 years. A rule of thumb, not a guarantee.

≈21 hrs/yrLow time

Low-time for its age

This airframe has averaged about 21 hrs/year over ~25 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.

Price history

Price reduced· Sep 10, 2026$155,000−$10,000 (-6%)
Listed · Jul 26, 2026$165,000

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

$1,963/mo$23,550/yr

≈ $236 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$155,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,550 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$155,000	$1,963/mo	$23,550/yr
1/2 share	$77,500	$1,481/mo	$17,775/yr
1/3 share	$51,667	$1,321/mo	$15,850/yr
1/4 share	$38,750	$1,241/mo	$14,888/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.

Run your own numbers Find a co-owner on ClubHanger

Price

$155,000

$165,000

Listing trust

2/4

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? →