Rick Wallace
Pre-Flight
What single engine airplane retains its value the best? Which ones seem to sell the quickest?
What single engine airplane retains its value the best? Which ones seem to sell the quickest?
Ones that have already depreciated completely.
For example; older taildraggers in the 20-30k region, Cessna 180's...etc.
Not considering inflation.Interesting comment......
The ones from pre 70's have likely all APPRECIATED since new.
An older 20-30k tail dragged likely started life sub-5k....
And, not sure 180's have depreciated either.
Thelane that is flown regularly, maintained professionally and recorded accurately and kept in a hangar and washed and waxed frequently.
What the heck happened to that???
I think a couple of student pilots flew it to OSH over-gross with a tank of propane in the back and took a nap after a few drinks on an IFR flight plan.
Looks like whomever was in there, survived. What was that???
Hardly unless you consider your labor worth about 25 cents a hour.RV's have held their value and increased over the last 2-3 years. You can still build a RV-12 and resell it for a profit...including your time. RV- 3s, 4s, 6s, seems to be the best value for the $$. RV-7s, 8s, 9s hold their value well, but are a tad pricey to buy depending on the plane, but certainly worth the money compared to old iron. RV-10s are holding up very well after a drop off in 2008.
Burn less fuel, go faster, parts are cheap, what's not to love?
YMMV.
I did not mean to open a can of worms, but maybe I should do some thread searching. I have just recently decided to look more seriously into buying rather than renting. I have been looking at a mooney, arrow and a 182. I know it all depends on the mission, but these seem to all be suitable, but it seems to me that 182's seem to hold their value better for whatever reason. Might be easier to sell down the road? While looking I couldn't help notice how expensive 185's were, just seems like certain models command more money.
I did not mean to open a can of worms, but maybe I should do some thread searching. I have just recently decided to look more seriously into buying rather than renting. I have been looking at a mooney, arrow and a 182. I know it all depends on the mission, but these seem to all be suitable, but it seems to me that 182's seem to hold their value better for whatever reason. Might be easier to sell down the road? While looking I couldn't help notice how expensive 185's were, just seems like certain models command more money.
Good thinking.brian];1537135 said:I've only been flying since 2005 but have notice there seems to be a "new normal" after 2008. Maybe the gray beards here can comment, but there seems to be a date and utility "matrix" with aircraft values.
Some hold value as pilots, owners or business has use for them. I've noticed the C172, C182, BE33s and AA5Bs seem to hold value better than others I've looked at. (Oh, and pipers seem to be good at holding value.)
I finally decided I was buying a toy and the asset value really didn't matter...
Hardly unless you consider your labor worth about 25 cents a hour.
What single engine airplane retains its value the best? Which ones seem to sell the quickest?
I think a Gulfstream 650 appreciates! Rumor is that Oprah flipped hers for several million more than she paid for it!
I think it only flew a couple times. Between Gary, IN and Midway.
I was talking to a guy in her hangar. At the time she had (I think) a global express. The guy said it's really a joke because most of her flights were between Milwaukee, Chicago, and Gary (or something like that).
Wow, tell that to the people that build them for a living.
I sold mine and made a nice profit after flying it for 350 hours.
The kit is around $75k and they are selling for $100k. S-lsa for $120k. Takes 6 months to build.