On Sat, 17 Sep 2005 13:44:06 -0400, "Gordon Arnaut"
wrote:
Jim,
Yet somehow Cessna manages to give you all this for a cost of only about 50
percent more than the CT2K. Either Cessna is some kind of manufacturing
genius or the LSA is way overpriced. You are literally getting more than
twice the airplane for only half again as much cost.
Regards,
You have a good point. I haven't priced a skyhawk recently. All I
have seen are Ovations and Cirruses (Cirri?) which are ridiculously
priced.
What we could be looking at also is short term economic profit. A new
economic sector opened up and very few competitors are in the market
(in the US). In the short term, these companies make an excess profit.
When other companies figure this out, they enter the market,
competition increases and prices go down.
It will take a year or two to for the market settle if this is the
case. I really have my finger crossed.
In reference to your origional post, these little planes are cool, but
overpriced for you, I and the general market. I'd buy a reasonaly
optioned Tecnam Sierra for about $40-50,000.
However, to a pilot with a potential busted medical, these planes are
cheap. I wouldn't be surprised if this is 99% of the market right
now. When these guys all get theirs, then the sellers might start
having a fire sell.
Jim
http://www.unconventional-wisdom.org