I think you're dreaming. Good luck on having your offers accepted
Well, not really - he emphesized he was talking about a starting
*offer* on an old light twin, presumably an Apache or such:
Lycoming O-320 x 2 = $12,000
Props x 2 = $6000
Radios & instruments = $3,000
Total = +/- $21,000
Little low-ball, yes, but not by much, that plane will sell for maybe
$30-35 on a good day, *if* it has decent paint... A salvager would have
to pay well under $20 to make any money, dealer hoping to eventually
resell it not more than $25. It's brutal.
I agree his statement is less true for singles or sought-after twins
like Twinkies where the margins between flyable airplane and salvage
are much wider.
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