In article .com,
"wise purchaser" wrote:

[snip]
Putzing around last night, surfing the web I found out about AOPA's
Vref and NAAA evaluator. Just for FUN I entered the information on
the plane for $ 28,000

WOW!!!!!!!!!!!!!!!!! the airplane was only ( V ref & NAAA) worth $
12, 500 to 13,500 bucks! the run out engine hurt the value of the
plane big time !
[snip]

As others have said, vref always seems high.

However, I'd like to point out something that changed with vref. I don't
know when they did it, but when I went to vref this past week, it no longer
adds value for radios like an extra KX-155, or an ADF, or a DME. Vref
is much more realistic in the items to add value. No value for "old
technology" like a second radio, but finally adds value for things like
engine upgrades.

For my cherokee 140, vref previously returned a value of more than $53,000
(with no credit for the 160hp STC). Now it's just a little more than $50,000,
with credit for the 160hp STC, low TT (2415), and low engine time (100 SMOH).
Probably still too high in today's market, but more realistic.

--
Bob Noel
Looking for a sig the
lawyers will hate