Almost Taken to the cleaners!

Dave Butler wrote:
wise purchaser wrote:


WOW!!!!!!!!!!!!!!!!! the airplane was only ( V ref & NAAA) worth $
12, 500 to 13,500 bucks! the run out engine hurt the value of the
plane big time !

The other features such as STOL, extra fuel , good radios, added little
tto no value to the basic airplane!

Vref and the Trade-A-Plane evaluator notoriously give inflated values
for airplanes. Without knowing the particulars of this individual case,
I'd say there's a good chance those values are *still* above fair market
value.



Its also regional. On the West coast you'll usually pay more than Vref
as that is what the market is doing. Lots of great deals on the East
coast (especially Florida).

-Robert