If runout engine is valued at $21,600
and assuming that AOPA is correct?
actual sale vs asking price?
wholesale value?

minus engine core $8,000?
minus prop $2,000?
minus panel & radios $5,000?

= hobby aircraft airframe premium $6,600?

If new engine is valued at $33,600
and assuming that AOPA is correct?
actual sale vs asking price?
wholesale value?

minus engine time remaining $18,000?
minus engine core $8,000?
minus prop $2,000?
minus panel & radios $5,000?

= hobby aircraft airframe premium $3,600?

Please note that this formula is the opinion of many others in the business
who HAVE purchased many aircraft.

I do NOT have enough experience to have or voice a personal opinion, but in
other transactions I have been amazed by what I call the "power of the cash
offer."

I have seen aircraft (with for sale signs) sit on the ramp for years while
their owners wait for a "book value" sale.

Never fall in love before you negotiate a purchase, or retain love for what
you want or NEED to sell.

It is easier to buy smart than to sell high because buyers can walk for
free. Nobody I know NEEDS to buy an aircraft.

Blue skies to all

"xyzzy" wrote in message
...
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