High fuel prices = buyer's market?
Jim Burns wrote:
I usually keep track of what Piper Aztecs are going for and over the last 12
months I've watched a solid $20k+ fall off of late 60's and early 70's Aztec
prices. And I've also watched Piper Archer and most 2 place (even non light
sport) airplane prices continue to climb. So I think planes that are
burning 10gph or less are increasing in value and those that burn 15 gph and
more are decreasing, everything else being equal. Just an observation.
Everytime I fill up my autogas STC'ed 75 Grumman AA5 I feel like I am
handed a $30 for some free flying money. As Jay would tell you, mogas
is good for your soul!
I still do a lot of local flying. Power back, with mogas at 5.9GPH
boring circles in the sky at 100 knots it's not that bad! I guess my
Grumman must have increased in value.
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