In rec.aviation.misc Brian Whatcott wrote:
On Wed, 19 Sep 2007 10:33:31 GMT, "Vaughn Simon"
wrote:


"Brian Whatcott" wrote in message

They go about $16K-$17K like this.....

Like what? Except for engine/airframe hours, the description gives
virtually nothing of the usual information you expect in an advertisment to sell
a airplane. ...yet people seem to be bidding...

Winning bid was $21.1k; at what hours will this 150 need a major overhaul?
(Seller claimed Total Time of 1757 hrs on plane and engine).


I guess it's not red-hot news: when you run a multiple regression on
factors bearing on selling price of a 150, time since major counts,
airframe age counts less along with age. In fact, it's easy to model
using age AND TT where TT is a PLUS factor!
It's the nearest thing to a commodity airplane there is


--
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