Beat up / worn out Arrow valuation

On 2005-05-07, Chuck wrote:
So, he obviously can't get what he'd like for the plane. The big
discussion in the shop area has been what the plane might be worth.
And whether it might be worth trying to pick up cheap and fix up.

That's easy -- nobody discounts a plane by an amount equal to the cost
of the maintenance required to bring it up to full value. For some
reason airplanes are sold with a huge "package discount". I could never
afford to buy all of the parts required to build my Comanche (much less
assemble them!) for what I paid to get it complete and already assembled.

--
Ben Jackson

http://www.ben.com/