Typical glider depreciation?

That's a fair point Mike. Let's try and collect some data.

Would people be prepared to post what they paid for their gliders in
the past (Sterling, Euros, Dollars)? Further back the better. Then
we could get some idea of actual depreciation, and take account of
currency variations.

Paul


On Aug 10, 4:56*pm, Mike the Strike wrote:
On Aug 10, 8:13*am, Paul Ruskin wrote:

Assuming you're interested for valuation reasons, rather than US tax
ones...

I did some sums on the depreciation in real terms of an ASW20 over25
years, and got the answer of about 2.3% per annum.

This was based on finding an original 1984 price of $28,000 for an
ASW20C, and approximate asking prices in 2009 of $33,000, then
depreciating according to the retail price index (US, I think, though
I don't recall where I got that from).

Could do with some more data points though.

Paul

Depreciation of the value of gliders - especially European built - has
been offset by the depreciation of the US dollar, which has dropped
from around 0.8 to the Euro to over 1.4. *This has nearly doubled the
dollar cost of new gliders imported from Europe into the USA in the
past ten years. *This depreciation of the dollar has led to much less
drop in value of gliders as they age in the US market.

Mike