High fuel prices = buyer's market?

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.

As far as the next four or five months go, I see nothing changing. The cash
contract fuel prices for upcoming months that I am offered twice per week
show a continued increase in both unleaded gasoline and diesel fuel although
refinery utilization is approaching 92% and production is finally getting
back to 4bgpd. Hurricane season then heating season will combine with world
events to keep prices high despite the increasing production.

If you have the cash, it may be a good time to buy or trade up. Someday
people will become accustomed to the high price of fuel and airplane values
will rebound.

Jim

"Greg Copeland" wrote in message
news
Anyone care to speculate on what fuel prices will do to the plane market
over the next four or five months? As prices rise do you think this will
create good opportunity for buyers? That is to say, planes placed on the
market because they can't afford to pay for fuel?

Greg