"George Patterson" wrote in message
news:W6BHe.7256$r12.2252@trndny04...
Matt Barrow wrote:

If he's offering $5K off based on a $14K O/H, he's either very ignorant,
or
he's full of it.

It *still* depends on what the price is. A $5k discount on a price of $45k
beats
the hell out of a $15k discount on $60k, especially if the book value
(with the
runout engine) is higher than the asking price.

Half right...it depends on the book value. From there, you adjust. Many
will try to fleece a buy by making a great sounding offer, say $5K towards
an overhaul. Another is to portray the aircraft as a "8" or something. Other
than brand new, everything is a "5" and you go from there.

When I bought mine it had a nice interior, but it was still six years old
and the seller tried to claim it was an "8".


I priced my Maule at $17,000 less than book value. And I still had some
asshole
complaining that it needed $12,000 worth of work. To be worth book. And
wanting
another $12k knocked off.

Did he know the book value? Many don't. Also, many don't comprehend what TBO
really is.