Skymaster valuations

[tropical]

The entire airplane market is down, not just Skymasters. I've noticed you've had your Lanceair Legacy for sale for a while now also.

[Roger]

PS

I agree that aircraft values in general are down. In some catagories of aircraft more than others. I also believe that but for the outstanding SID question which has yet to be resolved one way or the other, a good twin utility aricraft like the 337 should maintain it's value well above (as a %) many other aircraft. THis primarily because 337's have always been a bit of an "underdog" in pricing to begin with.

[Learjetter]

Interesting points of view, all. I'll try to summarize: would be buyers want to take advantage of the "depression" in aircraft values (like me) and owners/sellers can't believe buyers don't see the value they see in their aircraft. I think an aircraft can be professionally valued (Vref, loan company, etc) at $x, but if a buyer is willing only to pay $y, then the aircraft is only worth $y to both parties, regardless of what the "system" says the aircraft is worth. Anyone selling anything on eBay learns this lesson quickly.

Fly safe!

That said: I also think if a buyer gets too good a bargain, somethings fishy....caveat emptor.

[edasmus]

If anyone is interested who followed this thread in the past, my 2010 grand total came in at $23,997.47. The hours came in at 104. Again this includes maintenance, insurance, hanger, and 100LL. This also includes every sectional chart, headset batteries, etc. Nothing is left out.

If 2011 goes as planned (big if), I will not have an annual in 2011. My current inspection was signed off 12/1/10 so it will not expire until 12/31/11. This means the annual will occur during the month of January 2012 and get signed off February 1, 2012.

Happy New Year!

Ed

[Skymaster337B]

Wow, that is $230.75 per hour. Most multi rentals cost about $250+ per hour.