"Marco Leon" mleon(at)optonline.net wrote in message
...
Just browsing the For Sale ads tells me that I can get pretty much near or
even above what I had put into the plane. My 1978 Warrior II had a KX-170B
and a KT-76A --that's it. I put in a Garmin 430, Garmin 340 audio panel,
GI-106a CDI, avionics master, Davtron clock and had the KX-170 overhauled.
it came out to $14,000. With a 2000 interior, 8 paintjob and 600-hour FRMN
engine, I think $56,000 is about right and even on the low side given the
ads I see every day.

I could be dreaming but I'm just going by what I see.



Saw a 'blue book' dated September 2003 yesterday while visiting a friend
who's a trader. Was looking at Warrior II values for some unknown reason
An average 1978 WarriorII price (1000 SMOH) is $43k; a '79 (my vintage) is
$44k.

Yours sounds like a very nice one but I expect $56k is on the high side.
Prices seem to have dropped from the peak, and in a declining/declined
market, owner asking prices tend to reflect past expectations rather than
current transactions. Planes priced to sell disappear quickly, leaving the
overpriced ones on the listings to set the next guy's expectations.

-Greg