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Textron Financial to Auction 1976 Cessna 421C and 2002 King Air B200

2002 King Air B200 for sale by Textron Financial

Both the 1976 Cessna 421C and the 2002 King Air B200 are being sold ‘as-is’ and ‘where-is’.

Textron Financial is now accepting bids on two previously owned aircraft, a 1976 Cessna 421C Golden Eagle, and a 2002 King Air B200. The auction will run through Wednesday, May 31, ending at 5 PM CDT. The 421C is described as being in ‘fair’ condition, while the King Air B200 is described as being in ‘poor’ condition.

Details on the Golden Eagle Auction

Model and Year: 1976 Cessna 421C Golden Eagle

Item #: 1

N-Number: N880C

The exterior of this aircraft, which is described as being in fair condition, has a white paint base, with maroon and blue accent stripes, and was last painted in 1999. The interior, which is described as being in fair condition with no major tears or rips in the upholstery, has beige leather seats, beige side panels, beige headliner, and blue carpet. The aircraft features four place club seating, with left and right executive tables and forward and aft refreshment centers, as well as an aft toilet, and the interior is listed as last being refurbished in 1999.

Estimated Aircraft Operating Hours

  • TTAF (Total Time Air Frame): 7,106
  • LH Engine TSO: 1,303
  • RH Engine TSO: 357
  • LH Propeller TSO: 2,780
  • RH Propeller TSO: 2,780
  • Last Annual Inspection: March 12, 2014

Aircraft Documentation

The Weight & Balance, Airworthiness Certificate, and POH are all present, and the Airframe and Engine Logbooks appear to be original and complete. You can visit Textron Financial’s website to review the available documentation for the aircraft. As mentioned, the aircraft has no known damage history.

Aircraft Equipment

Textron Financial lists the following equipment in the aircraft:

  • Garmin GNS-430 GPS/Nav/Comm
  • King Gold Crown
  • Dual KTR-905 Comms
  • Dual KNR-630 Navs with Glideslopes
  • KDR-805 ADF
  • KNC-610 RNAV
  • KXP-755 Transponder
  • KT-76 Secondary Transponder
  • KA-119 Audio Panel
  • KRA-405 Radar Altimeter
  • KDM-705A DME
  • KI-226 RMI
  • KMR-675 Marker Beacon
  • Bendix RDR-160 Weather Radar
  • Collins PN-101 Compass System/HSI
  • Northstar M1A Loran
  • Cessna 400B Autopilot
  • Insight Strikefinder Weather Mapping System

Additional Features

Textron Financial also lists the following items as additional features:

  • JB Air Conditioning
  • Electric Trim
  • AAR Doorsaver
  • Cleveland Wheels & Brakes
  • Davtron M811B Digital Clock
  • Alcor EGT
  • 11 Cubic Ft. Oxygen
  • Heated Glass Windshield
  • Full De-Ice
  • Prop Sync
  • Yaw Damper
  • Stereo System
  • Co-Pilot Instruments
  • 100 Amp Alternators
  • 120 Volt DC to AC Converter
  • Dual Heated Pitot Tubes/Static Ports
  • Ice Lights
  • Strobes
  • Seat Belt/No Smoking Annunciator Lights
  • 2312 lbs Useful Load
  • 234 Gallons Fuel

Aircraft Condition

In addition to the interior and exterior details above, Textron Financial has also provided these additional details about the condition:

  • Elevator trim rod bracket is missing.
  • Loose hydraulic line in the baggage/wing locker
  • The boots on the vertical and horizontal stabilizers have dry rotted.
  • Left wing boot patched.
  • Right aileron has a 3” crack on the trailing edge.
  • Small patch above left static port.
  • The battery is dead.
  • Dent below RH ice shield on nose.

Aircraft Location

The aircraft is sold both ‘as is’ and ‘where-is’:

  • Aircraft: Griffith, IN
  • Logbooks: Wichita, KS

Photos of the Cessna 421C

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Details on the King Air B200 Auction

Model and Year: 2002 King Air B200

Item #: 2

N-Number: N404J

The exterior of this aircraft, described as being in poor condition, has a white paint base, with dark blue, medium blue, and gold accent stripes. The interior, also described as in poor condition, has six place seating with 4 place club configuration, including an executive table, RH side facing forward seat, and an aft belted toilet. The cabin also has an LH forward refreshment console, and beige leather seats, beige side panels, a beige headliner and blue carpets.

Estimated Aircraft Operating Hours

  • TTAF (Total Time Air Frame): 4,940.8
  • Landings: 5,410
  • LH Engine TSO: 1,218.9
  • RH Engine TSO: 1355.9
  • LH Propeller TSO: Unknown
  • RH Propeller TSO: Unknown

Aircraft Documentation

The Weight & Balance, Airworthiness Certificate, and Operating Manual are all present. However, Textron Financial notes that the Airframe and Engine Logbooks are incomplete. They have copied Airframe Maintenance available from June 2004 – January 2013, and note that some are available from 2016 – present and the rest are missing. The LH engine maintenance records appear to be complete, but the RH engine maintenance records are missing, except for an 8130 Form from the overhaul @ 3584.9 AFTT on 2/4/14.

You can visit Textron Financial’s website to see some additional photos of the aircraft.

Aircraft Equipment

  • Collins EFIS-84 Pro Line II Avionics Package
  • Avidyne Flightmax 850
  • Collins ADF-60A
  • Collins APS-65H Autopilot
  • Dual Collins VHF-22C Comm
  • Dual Collins MCS-65 Compass
  • Duals Collins VIR-32 Nav
  • King KGP-560 TAWS
  • Collins WXR-270 Weather Radar
  • BFGoodrich WX-1000 Stormscope
  • Universal UNS-1K Flight Management System
  • Dual TDR-94Transponders w/Encoders
  • Dual Collins RMI-30
  • King KMD-850 MFD
  • Loral CVR
  • Garmin GPS-400

They list ‘Raisbeck Nacelle Wing Lockers,’ and ‘Aft Air Conditioning’ as additional features.

Aircraft Condition

In addition to the general poor condition, Textron Financial notes the following specific items:

  • Left rudder boost test inoperable.
  • Wing Deice Boots inoperable. Don’t inflate in air.
  • No environmental heat during flight in Auto or Manual mode.
  • Copilots Altimeter can’t adjust altimeter settings because of a missing knob on the instrument.
  • The outside Temperature Gauge on side panel is inoperable.
  • Nose Gear Strut bottoms out on landing.
  • Pilots Headset Jacks are intermittent with headset plugged in.
  • Right Overhead Volt Meter Knob won’t push in to check generator volts, and shows loads only.
  • RH and LH Bleed Air Valves fail to open (no pneumatic pressure or vacuum).
  • RH low idle is low @ 60.5 N1
  • RH and LH Props start feathering in ground fine; rig as required.
  • RH torque indication fluctuates 120lbs @ high power settings.
  • Prop Amps are low on one side and do not register on the other.
  • Elevator trim max travel marks do not line up.
  • LH MLG is leaking fluid from the interconnect.
  • Condition Control Catch Gate is worn.

Aircraft Location

The aircraft are sold both ‘as is’ and ‘where-is’:

  • Aircraft: Wichita, KS
  • Logbooks: Wichita, KS

Photos of the King Air B200

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Submitting a Bid

When preparing a bid, you will need to include the following information:

  • The item number (provided in the descriptions above) to identify individual bids.
  • The amount of your bid
  • Your name
  • You current address
  • Your contact information

Textron Financial offers you three methods to submit your bid to them:

  • Email the bid to cdenton@textronfinancial.com
  • Mail the bid to Textron Financial Corporation, Two Cessna Blvd, Suite 100, Wichita, KS 67215
  • Call (316) 660-1214 and speak to Cody Denton

When submitting a bid, keep the following conditions in mind:

  • Bids will only be accepted from US-based individuals or businesses.
  • The aircraft are being sold on an “As-Is” and “Where-Is” basis.
  • Textron reserves the right to reject any bid and bid on the aircraft themselves.
  • The aircraft can be sold or removed from the auction without prior notice.
  • Winners of the bid have 48 hours from the time they are notified to make arrangements for payment, or the bid may be voided.
  • No bids that are submitted with a “subject to inspection” condition will be accepted.

To view the spec sheet for the two aircraft, click here.

Comparable Aircraft Price Range

Based on what is currently being offered in the used aircraft market, we found that if you were looking at a comparable Cessna 421C for sale, within 2 – 3 model years of 1976, you could expect to pay between $200,000 – $250,000 (for higher time aircraft in lower conditions) and around $325,000 – $375,000 (for lower time aircraft in better conditions).

Looking at what is currently being offered in the used aircraft market for a King Air B200, within 2 – 3 model years of 2002, you could expect to pay between $1.5 million – $1.8 million (for higher time aircraft in lower conditions) and around $2.1 million – $2.3 million (for lower time aircraft in better conditions).

Featured Images: courtesy of Textron Financial

Anders Clark was introduced to aviation a few short years ago, and has developed an interest in aviation history and what the future of aviation will bring. A writer and editor, Anders enjoys researching and sharing the stories of aviation.