I hang around airports quite a lot. I run into more renters than owners, as
I rent my plane out. The owners I speak to more often than not have a
warbird, aerobatic plane, homebuilt, etc.

A Cessna 140 would not fit my description of a common plane which has tens
of thousands of newer copies running around. Why? Because at some point,
there was so little demand for them that they tended to get parted out.

Twenty ears from now, a clean 152 will have the same charm and desirability
as a 140 does now. They don't make them anymore. But I would not bet on the
curve before that time, nor desire to keep one up in the meantime. Most of
the schools here are starting to sell them off cheap because they are not
making money and are too much trouble to manage.

I don't see many people out taking great care of their 30 plus year old
172's. I see those planes rotting in hangars for lack of care and use, or
working out their last days in an FBO. Now, there is a great market for old
172's as rental planes, but the schools are not paying top dollar. There are
exceptions, there are a couple 172's that have been fully restored to better
than new with cool custom paint jobs. However, if those owners had put the
same amount of care into a less commodity type plane, they would be able to
recoup more of their value in a sale.

While we are making bets, I bet you make quick judgements about people more
than you should.


"G.R. Patterson III" wrote in message
...


John Galban wrote:

So, those with non-collectible old planes are not proud of them?
I'm willing to bet that you are not an airplane owner :-)

I'd be more inclined to bet that he doesn't talk to many aircraft owners
or hang
around airports much. Anyone who's seen someone polishing the bugs off his
old Cessna
140 after a flight knows better.

George Patterson
Treason is ne'er successful, Sir; what then be the reason? Why, if
treason
be successful, Sir, then none dare call it treason.