Looking into buying an airplane that was built in 1962. It has been completely modernized, glass cockpit, new paint and interior, low time engine and prop, etc etc. Because of its aftermarket mods, the asking price is about $20k over anything Vref or ABB will come up with. A friend of mine said "don't buy that airplane, you'll never get your money back on it!!!". Any truth to that assertion? Its a very popular type, with plenty of demand.