Tom-D
Taxi to Parking
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Tom-D
Hangars are harder to find, gas and oil is expensive, and god help you if you get stuck having to re-cover it.
There are plenty of Antique planes that don't cost 100k that the average joe would consider.The folks that were buying those airplanes at those prices generally weren't too concerned about hangar or fuel cost.
The collectors car market is getting soft also.
I don't think those are the kinds Tom is referring to. Certainly not Gullwing Stinson.There are plenty of Antique planes that don't cost 100k that the average joe would consider.
Maybe someday I can get my favorite, '62 Vette, then.
Were that a SR instead of a V77 it would be a $250-400,000 A/C even still simply of the collectors that want them.I don't think those are the kinds Tom is referring to. Certainly not Gullwing Stinson.
$400k for an SR? Maybe a Staggerwing, but I sure haven't seen any SRs go that high. When I was in the buying market I recall seeing SRs in the $100-$200 range. Only civil antiques you'd see typically see above $200k were Staggerwings, Spartan Execs and certain a rare Waco models.Were that a SR instead of a V77 it would be a $250-400,000 A/C even still simply of the collectors that want them.
even the classics aren't selling, there is a WACO on e-bay right not for 36k no bids.
Maybe someday I can get my favorite, '62 Vette, then.
And then cruise Rt 66 trying to re-establish yourself in American life while seeing more of the world you just have to see..??
Get your kicks, on Route 66......Just don't believe the gas prices anymore.....
Have the Aussie's/Kiwis fallen on hard times?
A few years ago that was where most of our antiques were going. They (and a few wealthy Europeans) were buying up anything Golden Age related and shipping it overseas that had a lot to do with driving up the prices. A lot of antique owners were bumping up their asking prices hoping a rich foreigner would pick it up.
Seems like those markets cooled off. I haven't seen as much stuff going out of the country in the last couple years.
I've noticed it in the Waco world too. Prices are generally down. I wouldn't be able to get anywhere near what I paid for my F2 right now.
Nope it's gone today. ad ran out did not sell.I'm not seeing any Wacos on eBay right now. Do you have a listing?
This...Check out what has happened to the Aussie $ exchange rate. All the commodity economies had enormous run ups in their currencies and it was "cheap" to buy anything priced in US$. Not now...
Hadn't been following the exchange rate, but that makes a lot of sense.Check out what has happened to the Aussie $ exchange rate. All the commodity economies had enormous run ups in their currencies and it was "cheap" to buy anything priced in US$. Not now...
I guess you have never been to http://www.antiqueairfield.com/flyins/attending.htmlThe demand for most antiques like Gullwing Stinsons, etc is dropping as the guys who were kids when those planes were new are all dying off. My dad was a very early member of the Antique Airplane a Association back in the 50s. He owned several straight wing and Gullwing Stinsons. SM8A, Junior S, SM-6000 Trimotor, SR-6 and SR-8. He also owned a D-17 Staggerwing for awhile. He knew tons of guys with antique planes and attended frequent fly-ins. Dad passed in 2000. All his old AAA friends are gone except John Cournoyer.
Seems there simply isn't much interest in the follow-on generations other than the very high end and/or rare antiques as mentioned before such as Staggerwings, Spartans and possibly Howards. I have a friend from high school who recently learned to fly...and is buying a Cirrus so he can fly it to Florida. Simply transportation. No love of flying.
Even run of the mill old planes are sagging in price. Ten years ago a relatively stock VFR Swift was over $40,000. Same plane today would bring $25,000 if the right buyer comes along. Even Cub prices are dropping. A few years ago $45,000 Cubs weren't uncommon. I see some nice ones now advertised $35,000 or less.
I think the proverbial supply vs demand curve is flattening out.
The demand for most antiques like Gullwing Stinsons, etc is dropping as the guys who were kids when those planes were new are all dying off.