Plane Bubble

[Ventucky Red]

Seeing the prices on realestate comming down, more new cars for sale, what about planes.. you blokes seeing some price decreases?

 

[TCABM]

https://www.pilotsofamerica.com/community/threads/i’m-calling-the-peak.137289/

 

[Baked Potato]

 

[MooneyDriver78]

They don’t seem to be coming down, but have leveled off.

 

[texasclouds]

I’ve been told that everything is A-OK. Don’t expect people to be unloading their toys due to a recession.

“America is strong as hell” - President Joe Biden

 

[Bob Noel]

 

[Llewtrah381]

I just read this this morning:

https://thehill.com/policy/finance/3723117-wholesale-used-car-prices-plummet-as-retail-prices-soar/

I haven’t heard anyone say what THEY’d do to fix this global problem, either.

And the dollar is about its strongest against other currencies in a long, long time. That says something…

 

[LesGawlik]

“America is strong as hell” - President Joe Biden

That is the scariest thing I've ever heard in nearly 70 years.

 

[BPM]

My anecdotal observation is that prices for large ticket items such as businesses, real estate (residential and commercial), and automobiles have indeed begun declining in price. But airplanes (personally owned piston) have not.

I don’t pay attention to boats and am curious how pricing is trending in that market.

 

[Tantalum]

View attachment 112143

This is like an alternate version of the whole plane on a treadmill thing..

 

[TCABM]

My anecdotal observation is that prices for large ticket items such as businesses, real estate (residential and commercial), and automobiles have indeed begun declining in price. But airplanes (personally owned piston) have not.

I don’t pay attention to boats and am curious how pricing is trending in that market.

There is a seasonality to some boat markets that planes don’t really have.

 

[Oldmanb777]

Freind does some classic car flipping. Prices are tanking. Seems like motorcycle prices are still holding high. Houses in my area are either coming down, or not selling. Campers? I don;t know, but they seem to be softening. Interesting to watch. Layoffs are starting to happen.

 

[frfly172]

There seems to be some movement with prices dropping a little with people who are getting out of flying ,for several reasons,money being one.

 

[Wingsofglass]

It’s too close to the end of the year and the depreciation games that go along with it to get a sense of where aircraft prices are headed. Give it until March or April.

But I’m pretty sure peak prices were this past April because that’s when I purchased a plane and the low point will be in about a year because that’s when I plan on selling it.