Thread: Trade-in
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  #10  
Old September 18th 03, 01:49 PM
Rich Hare
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I did something like that about 4 years ago.

I had my '56 Bonanza up for sale while I was looking for a newer one. A
broker came up with a '66 Bonanza close to what I wanted and I told him
he had to sell my old one to close the deal. He ended up putting
together a 4 plane parlay:

'66 Bonanza owner bought a Marchetti
I bought the '66 Bonanza
Two guys bought my '56 Bonanza and
the broker sold their Cessna 172.

I don't think the broker made much money for as hard as he worked, and
everybody felt they didn't get the best deal for their money, but it WAS
a way to "make something happen".

Rich

Dan Luke wrote:
Anybody ever trade in an airplane? The misery one of my buddies is having
selling his airplane makes me wonder if it might be worth it.

How much of a hit would you expect if you trade rather than sell yourself?