On 17-Nov-2003, (Ross Oliver) wrote:

Beautiful part about older (but serviceable) airplanes, is that they
actually *appreciate* in value.


I would like to see some hard data to support this claim. While this
was true of certain aircraft in the late '80s and early '90s, once
Cessna restarted production and Cirrus and Diamond are now delivering
in significant numbers, I seriously doubt this still holds true.


The '79 Arrow IV we bought in 1996 for $48K is worth at LEAST $80K today,
assuming similar engine SMOH. That corresponds to an average aggregate
annual value increase of more than 7.5%. Not a bad investment at all!

Due to the Bush-whacked economy over the past 2 years (and NOT because of
production of new models) used airplane prices have been very soft, but then
so have values of other types of investments.
--
-Elliott Drucker