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Splurging on Your Plane



 
 
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  #13  
Old January 31st 06, 08:38 PM posted to rec.aviation.piloting
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Default Splurging on Your Plane


"Nathan Young" wrote in message
...

Plus he won't get $240k when he goes to sell the Arrow. Meanwhile,
the Cirrus would hold its resale fairly well... But it seems that for
the owner of the Arrow in question, finances are not a concern (he was
employee #2 at AutoCad), and he is doing this for fun...


I think it's safe to say that once you start using the word "splurge" when
describing your aircraft updating activities, resale value ceases to become
a concern. As an aircraft owner, there is an enormous sense of satisfaction
that comes out of updating your plane. The main sanity check for most is the
good 'ole wallet. Without that fiscal check, well, sky's the limit I
suppose.

Marco



As a relative comparison, aso.com lists the following Arrows...
A 1999 Arrow III with a similar set of avonics to the aforementinoed
Arrow, and only 1270TT, price = $189k.

A 1978 Turbo Arrow with similar avionics = $144k

-Nathan






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