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Old August 26th 07, 05:24 AM posted to rec.aviation.piloting
NW_Pilot
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Posts: 436
Default If GA is down, why aren't used aircraft prices?


"john hawkins" wrote in message
. net...

"NW_Pilot" wrote in message
. ..

"Dallas" wrote in message
...

[snip]

Have you looked at the cost of a new single? Ummm cost more than your
average home! Now say if a new Cessna 172 was 50K imagine what that would
do the price of used aircraft. We live in a Litigious Society! If it was
not for the attorneys and the insurance co's Aviation, Aircraft, &
Avionics would be affordable.


At the most afforable grass strip I've flown out of. the owner says up
front he has no insurance. You hurt it you pay for it.
His theory is that lawyers go after the deep pockets. His pocket doesn't
have 2 dollars.
Every thing in his business except for his one airplane in leased.
Riskey But he's been around for years.



Yea, But first thing the leaches of society will go after is your home!
Aviation insurance on the plane is not that bad. It's for the manfactures
and sales and commercial movement of aircraft that is a nightmare.

I called for a Policy for my business $28,000 a year was the quote! With an
income of 54k a year no friken way I go as named operator or run under their
open pilot warranty. And like most every other ferry pilot most the time
zero insurance when crossing the pond 12k for insurance for the crossing.
Yea I know if there is a inciodent ither then somthing minor it's a total
loss to them. Cessna 150 U.S. to Peru liability only was about $1,600 USD
terminated upon parking at destination or 30 days. Clients insurance for
the plane was about $4,000 a year ouch! Mexico is cheap for liability about
$130.

I can immagin how much insurance Cessna, Beech, Piper Etc. have to carry to
preven another mid 1980's Civil Suit Hit!

Just becuse Cessna, Beech, Piper Etc Cessna made it don't mean you can blame
them for it. The faa regs also have somthign to do with keeping aviation
expensive by over regulating parts manfacture etc. There are some A&P/IA's
out there that I would not trust to work on my lawn mower!

Like I really need $40,000 in hotel allowance on my homeowners policy and
that's the Min!!!! I told them I don't want it they told me it's there! Min
$80,000 for household items Well I can replace most every thing in my home I
need for less then 30K (I Live Simple) Important jewelrey papers etc stays
in the bank for $22.00 a year in a locked box.

Also M.D. need to be a bit more regulated more in their
overbilling/insurance billing practices. If i go in for a Cut finger that
needs a stitch or 2 I don't need a full phicial exam and x-rays (yea I know
they are doing it to protect them form a law suit) Then you get a bill room
useage 8 hours, doctor 3 hours $x,xxx when you were there for only 2 hours?
whats this Light/Electric Charges? And What is this charge and that charge
the only reason why they do that is ins co's pay with out question.

If the laws limited on what one can wage a law suit attack for then this
would be a far more responcible country with low cost consumer goods and
medical care.