private wrote:
I have often heard (from people in the business) that a good opening offer
for what
(well) used aircraft (particularly light twins) are worth (wholesale?)
Total of the core value + time remaining on the engine(s) and prop(s) +
value of avionics and radios or other easily removable equipment.
airframe minimal or none
I think that small hobby aircraft seem to add a (sometimes large) premium
for very shiney or special.
Please comment
Blue skies to all
According to AOPA aircraft valuation service:
1966 Piper Cherokee 140: , 5070 TTAF, 1000 hrs SMOH, basic radios: $27,600
new engine makes it worth 33,600.
runout engine (2000 hours) makes the value $21,600
GNS430 adds $5K to the value.
So if this is accurate, the basic airframe value is about $21,600. Not
an insginficant part of the price.
So I think you're all wet.
HTH
|