Overpriced?

[Arnold]

I've written in the past about aircraft for sale that have prices which appear to exceed their value. We've just had a thread about $100K C-150s. I am propose a thread where we can all post similar finds.


Here is my first candidate:
EXCELLENT FLYING LOW TIME 172K • $73,500 • FLY RIGHT NOW • Great looking ‘68 Cessna Skyhhawk with 2950TT & 1200 SMOH on the Lycoming O-320! ADS-B in & out, Traffic & Weather, displayed on the iPad (included!) Excellent flying bird, brand new battery 2/21! New wheel pants, new tail beacon, annual 10/20! FREE DELIVERY, FREE PREBUY, & 60 DAY WARRANTY!! Compressions at annual: 76-74-72-74! Complete logbooks since new! No damage history! IFR panel, ILS w localizer & glideslope. It has a wing leveler style autopilot but I can’t figure out how to use it.. tires are excellent! Interior 8/10 exterior 7.5/10.

See photos:

Antique avionics. Non-working equipment (I suggest that if the airline pilot owner can't make a wing leveler work, it doesn't work). Unknown overhaul. Even in today's market I think this is a mid $50K ship.

 

[sourdough44]

There are so many variables with airplane pricing. One issue I have is the ‘low time engine’, but those few hours are spread over 15+ years, meaning long sits. The seller still keeps it priced as low time since overhaul.

In that case, I’d rather buy the ‘run-out’ & start over fresh.

It’s always a can of night crawlers.

 

[FORANE]

It's not just aircraft prices that are high these days. Or, would it be more accurate to say the value of the dollar is low these days?

 

[Arnold]

Yep, supply is low across capital goods. Used car prices are high, used home prices too. But I don't think it is the value of the dollar, I think it is the uncertainty of the times and loss of productive capacity during the past year. Supply and demand at work.