Where are the "real prices" in the market? I'm considering an upgrade which would mean parting with my first aircraft. After some initial discussions with a few dealers and looking at Vref and current asking market prices I'm seeing huge gaps between what sellers are asking and likely transaction prices.
I'm seeing nearly 40% between Vref and quoted trade-in value for my aircraft. Vref seems to be at the high side of current asking prices. A few dealer estimates of net settled price are about 20-30% below average asking price (my analysis). For those of you who've bought and sold many times, what are your insights?
Yeah, I know...buy low, sell high
I'm seeing nearly 40% between Vref and quoted trade-in value for my aircraft. Vref seems to be at the high side of current asking prices. A few dealer estimates of net settled price are about 20-30% below average asking price (my analysis). For those of you who've bought and sold many times, what are your insights?
Yeah, I know...buy low, sell high