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If GA is down, why aren't used aircraft prices?



 
 
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Old August 27th 07, 03:25 PM posted to rec.aviation.piloting
Gig 601XL Builder
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Default If GA is down, why aren't used aircraft prices?

Dan Luke wrote:
"Dallas" wrote:

If the number of private pilots is down from 299,000 to 236,000, why
are prices for used aircraft maintaining and even out pacing
inflation?


That was true from 5-20 years ago, not now.


It may be that the percentage of pilots that purchase their own plane has
increased. Perfect example is right here in El Dorado AR. As I've mentioned
here pre-1980 there were 3 places to rent from as of 1988 there were zero.

So now if you fly you own your own airplane. There are fewer active pilots
here now but a lot more aircraft.


 




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