Decision time

Our partnership decided to sell our '77 Warrior II while it still had about
400 hrs left before TBO. That was a year ago. There is about 200 hrs left
now. Vref shows about 48K and we've dropped the price to 42K. She needs
paint and is right at TBO. She still runs strong and burns about 1qt of oil
every 10-12 hours. All the ADs are current and other than the paint, there
are no squawks. Its a good IFR platform and time builder with an STEC 40,
dual nav/coms and a panel GPS.

Should we:

a.) drop the price to 35K
b.) overhaul and paint (17K) and ask 59K
c.) do nothing and hope that we will eventually find a buyer
d.) something else that we haven't thought of

Ed

http://www.mekainc.com/n40008

nobody wrote:

Should we:

a.) drop the price to 35K

Take a look at various web sites and sales magazines (including TAP) and see
what similar aircraft are going for. Then price yours a bit cheaper.

b.) overhaul and paint (17K) and ask 59K

Avoid this one. You'll be lucky to get back half of what the paint and overhaul
cost you. Many prospective buyers will also be put off by the recent overhaul,
figuring that you did it as cheaply as possible just to sell the plane.

c.) do nothing and hope that we will eventually find a buyer

A friend of mine had this motto over her desk - "If you keep doing what you're
doing, you'll keep getting what you're getting."

d.) something else that we haven't thought of

Couple of things. You can crash it, hope to survive, and take the insurance
settlement. Not a good idea, in my opinion. Here's a better one. There are some
brokers out there that advertise "cash on your ramp." Doesn't hurt to call one
and see what the deal is. If you go that route and like the broker, send him my
way.

I've got my plane advertised on the AOPA web site and at www.SellAviation.com.
Got a couple calls so far, but nothing's going to sell until things settle down
after the holidays. Jim Fisher had good results from www.ASO.com.

George Patterson
The desire for safety stands against every great and noble enterprise.

Take a look at various web sites and sales magazines (including TAP) and
see
what similar aircraft are going for. Then price yours a bit cheaper.

Yep, did that last night. Found 34 similar aircraft. Lowest was 37K and
highest was 75K the avg was 52,132. We've advertised on AOPA, TAP and ASO.

Avoid this one. You'll be lucky to get back half of what the paint and
overhaul
cost you. Many prospective buyers will also be put off by the recent
overhaul,
figuring that you did it as cheaply as possible just to sell the plane.

I'm trying to justify it by flying it a few more years if we go this way.

...You can crash it, hope to survive, and take the insurance
settlement. ...

That actually crossed my mind ;-) [ashamed look goes here]

Thanks for the input George,
Ed

"G.R. Patterson III" wrote in message
...


nobody wrote:

Should we:

a.) drop the price to 35K

Take a look at various web sites and sales magazines (including TAP) and
see
what similar aircraft are going for. Then price yours a bit cheaper.

b.) overhaul and paint (17K) and ask 59K

Avoid this one. You'll be lucky to get back half of what the paint and
overhaul
cost you. Many prospective buyers will also be put off by the recent
overhaul,
figuring that you did it as cheaply as possible just to sell the plane.

c.) do nothing and hope that we will eventually find a buyer

A friend of mine had this motto over her desk - "If you keep doing what
you're
doing, you'll keep getting what you're getting."

d.) something else that we haven't thought of

Couple of things. You can crash it, hope to survive, and take the
insurance
settlement. Not a good idea, in my opinion. Here's a better one. There are
some
brokers out there that advertise "cash on your ramp." Doesn't hurt to call
one
and see what the deal is. If you go that route and like the broker, send
him my
way.

I've got my plane advertised on the AOPA web site and at
www.SellAviation.com.
Got a couple calls so far, but nothing's going to sell until things settle
down
after the holidays. Jim Fisher had good results from www.ASO.com.

George Patterson
The desire for safety stands against every great and noble
enterprise.

G.R. Patterson III wrote:

I've got my plane advertised on the AOPA web site and at
www.SellAviation.com. Got a couple calls so far, but nothing's
going to sell until things settle down after the holidays. Jim
Fisher had good results from www.ASO.com.

The price is sure right for advertising at SellAviation.com (free or
$9.95 depending on how prominent you want your ad to be). But their
user interface is ****-poor. No way so far as I can tell to sort by
price, model, or even manufacturer. ASO is excellent in this regard.
Jim Rosinski

"Jim Rosinski" wrote in message
oups.com...
G.R. Patterson III wrote:

I've got my plane advertised on the AOPA web site and at
www.SellAviation.com. Got a couple calls so far, but nothing's
going to sell until things settle down after the holidays. Jim
Fisher had good results from www.ASO.com.

The price is sure right for advertising at SellAviation.com (free or
$9.95 depending on how prominent you want your ad to be). But their
user interface is ****-poor. No way so far as I can tell to sort by
price, model, or even manufacturer. ASO is excellent in this regard.
Jim Rosinski

As is http://www.controller.com/

Matt Barrow wrote:

As is http://www.controller.com/

Thanks. Mine is now listed there too.

George Patterson
The desire for safety stands against every great and noble enterprise.

Jim Rosinski wrote:

The price is sure right for advertising at SellAviation.com (free or
$9.95 depending on how prominent you want your ad to be). But their
user interface is ****-poor. No way so far as I can tell to sort by
price, model, or even manufacturer.

I just figured out how to do it. There's a set of titles at the top of the page
(make, price, year, etc.). Click on the one you want to sort by and the list
gets sorted that way. Not real obvious.

George Patterson
He who marries for money earns every penny of it.

A friend of mine had this motto over her desk - "If you keep doing what
you're
doing, you'll keep getting what you're getting."

That's a great quote...

I have a 1996 Amphibian Aviat Husky with 2250TTAFE which I am
considering selling. Email me at if you are
interested. It's sort of the same thing with me, engine at TBO, still
running strong. Since I am continuing to fly it, and it runs fine, I
have no reason to overhaul it. You wont get your overhaul money out of
it if you overhaul it, thats just the way it is. Priced correctly, it
is an even trade. Price after overhaul should equal price before
overhaul plus cost of overhaul. But the buyer gets to run it for a
while (500 hours?) free of engine reserves since it's already
depreciated, which may make him a little ahead of the game. Usually if
an engine is running fine, it has 500 more hours regardless.

Usually if
an engine is running fine, it has 500 more hours regardless.


I would disagree whole heartedly. You would have to have a LOT of evidence
to convince me that a runout had 500 more hours in it. "running fine" could
end tomorrow.