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Getting a little sick of it all



 
 
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  #1  
Old March 4th 04, 04:11 PM
Jay Honeck
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How about a side discussion about which are the worst

Arrogant Sellers
or
Tire Kicking Buyers.


Well, I've only sold one plane -- and that one sold to our best friends!
Hard to complain about that...

Sellers, though, I've seen some real pips. One older gentleman in
particular was selling his baby 182, and wouldn't dicker a nickel. Any
offer less than his asking price was met with insulted indignation. He gave
no thought to making a counter offer, cuz he thought his bird was worth 20%
more than every other 182.

Supposedly he was a successful local businessman, but he apparently had no
idea how "bargaining" works.

Of course, we walked. And, of course, he eventually sold it for much less
than his asking price, after the "price bubble" burst a couple of years ago.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"


  #2  
Old March 4th 04, 08:58 PM
Jim
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I know of one elderly gentleman who has an old Piper Colt for sale. He has
kept records of every dime he has spent on his plane, has receipts and full
documentation. He has the idea that he should recover all "investments"
other than fuel, including every nut, bolt, and hairpin that he's had to
replace on his airplane, and has priced it accordingly.

I wish him luck.
--
Jim Burns III

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  #3  
Old March 4th 04, 09:22 PM
Ray Andraka
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If he's had it long enough, it may well be a deal at that price. My Six has
doubled in value since I bought it 9 years ago. That number is not far off
from my "investment". As investments go, the airplane has performed quite a
bit better than my market holdings, and I've been able to use it too!

Jim wrote:

I know of one elderly gentleman who has an old Piper Colt for sale. He has
kept records of every dime he has spent on his plane, has receipts and full
documentation. He has the idea that he should recover all "investments"
other than fuel, including every nut, bolt, and hairpin that he's had to
replace on his airplane, and has priced it accordingly.

I wish him luck.
--
Jim Burns III

Remove "nospam" to reply


--
--Ray Andraka, P.E.
President, the Andraka Consulting Group, Inc.
401/884-7930 Fax 401/884-7950
email

http://www.andraka.com

"They that give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
-Benjamin Franklin, 1759


  #4  
Old March 4th 04, 09:52 PM
Tom Sixkiller
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"Ray Andraka" wrote in message
...
If he's had it long enough, it may well be a deal at that price. My Six

has
doubled in value since I bought it 9 years ago. That number is not far

off
from my "investment". As investments go, the airplane has performed quite

a
bit better than my market holdings, and I've been able to use it too!

Consider yourself lucky; many aircraft values have plummeted the past few
years. Our company bought two aircraft in the past three years at
substantial discounts (like desperation sales...asking for $3.1 and selling
at $2.4 after sitting for six months and needing to get out of it.)


  #5  
Old March 4th 04, 09:56 PM
Ray Andraka
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Note the time span. While aircraft values have plumetted in the last 2-3 years,
there was a significant appreciation in aircraft values before the slump. Like
I said, if he's owned it long enough....

Tom Sixkiller wrote:

Consider yourself lucky; many aircraft values have plummeted the past few
years. Our company bought two aircraft in the past three years at
substantial discounts (like desperation sales...asking for $3.1 and selling
at $2.4 after sitting for six months and needing to get out of it.)


--
--Ray Andraka, P.E.
President, the Andraka Consulting Group, Inc.
401/884-7930 Fax 401/884-7950
email
http://www.andraka.com

"They that give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
-Benjamin Franklin, 1759


  #6  
Old March 5th 04, 03:12 AM
Tom Sixkiller
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"Ray Andraka" wrote in message
...
Note the time span. While aircraft values have plumetted in the last 2-3

years,
there was a significant appreciation in aircraft values before the slump.

Like
I said, if he's owned it long enough....


I imagine the surge in prices went along with the stock market bubble; same
thing with cars and other high priced goodies. When the bubble vurst, it
took a lot of things with it.

Tom Sixkiller wrote:

Consider yourself lucky; many aircraft values have plummeted the past

few
years. Our company bought two aircraft in the past three years at
substantial discounts (like desperation sales...asking for $3.1 and

selling
at $2.4 after sitting for six months and needing to get out of it.)



 




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