Yet Another Raffle - 172 for $50

A

airspeedlive

Filing Flight Plan
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I purchased a ticket for this raffle a few months ago. They just sent a letter in the mail saying they need to sell more tickets. They have sold 669 and need 1,200 to break even, maximum 2,500. Figured I would post it here to spread the word. I am not affiliated in any way.

Raffle date is January 5th, 2013 - They will raffle the plane regardless of the number of tickets sold.

http://www.winnaero.org/
 
man that looks pretty old
 
airspeedlive said:
I purchased a ticket for this raffle a few months ago. They just sent a letter in the mail saying they need to sell more tickets. They have sold 669 and need 1,200 to break even, maximum 2,500. Figured I would post it here to spread the word. I am not affiliated in any way.

Raffle date is January 5th, 2013 - They will raffle the plane regardless of the number of tickets sold.

http://www.winnaero.org/
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"A minimum of 1,200 tickets must be sold or the raffle will be cancelled and ticket proceeds refunded."

http://www.winnaero.org/raffle_new_info.pdf

Being that airport is 40 miles away, I think I will buy one :)
 
Mafoo said:
"A minimum of 1,200 tickets must be sold or the raffle will be cancelled and ticket proceeds refunded."
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The letter I received is dated August 23rd, it states:

"The WinnAero Board of Directors at a recent meeting voted unanimously to have a drawing even if money is lost."
 
airspeedlive said:
The letter I received is dated August 23rd, it states:

"The WinnAero Board of Directors at a recent meeting voted unanimously to have a drawing even if money is lost."
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I guess $33,450 so far will do that :)
 
taters said:
man that looks pretty old
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Old isn't necessarily bad, but I clicked on the raffle details PDF file and it's a 172G that they value at $27,700, which doesn't really mesh with reality.

I like old 172s but they're not worth $27k...
 
BurtM said:
Old isn't necessarily bad, but I clicked on the raffle details PDF file and it's a 172G that they value at $27,700, which doesn't really mesh with reality.

I like old 172s but they're not worth $27k...
Click to expand...

For an airplane that's got an average of 75 hours a year or so on it, with a low to mid-time engine on it, with what appears to be good paint and interior, I don't think that's too far off to be honest with you. VRef certainly has it a bit higher than that yet.
 
KSCessnaDriver said:
For an airplane that's got an average of 75 hours a year or so on it, with a low to mid-time engine on it, with what appears to be good paint and interior, I don't think that's too far off to be honest with you. VRef certainly has it a bit higher than that yet.
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Not to be confrontational, but no one at Vref actually buys airplanes, either...

We're getting to the point where something older than a 172G would be interesting because it had manual flaps, ala 172D, or a straight tail, like a 172B.

As it sits, a 172G might be really nice, but it's old enough that it has an O-300, rather than an O-320, but it's not old enough to be a really classic plane.

Kind of like how a 1959 or 1960 Chevy Bel Air has some value, but a 1962 doesn't.

In any case, the first person this year to pay $27,700 for a 172G will set the market. The second person to pay $27,700 for a 172G will validate the market. So far, neither one has stepped up to the plate so far as I can tell.
 
BurtM said:
Old isn't necessarily bad, but I clicked on the raffle details PDF file and it's a 172G that they value at $27,700, which doesn't really mesh with reality.

I like old 172s but they're not worth $27k...
Click to expand...

if I had 27k to spend and not a dollar more. I'd consider it
 
bartmc said:
if I had 27k to spend and not a dollar more. I'd consider it
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Heh, how much would you pay for a 172N with an Avcon conversion and a Garmin GTN-650? :wink2:
 
taters said:
man that looks pretty old
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Yeah, it's a '66, but with less than 3500 TT... probably never a trainer, and 445 hrs SMOH isn't bad with an O-300. Looks pretty good to me. They're including $1200 for fuel or flight training... the plane and the money could get me started on my IR... hmmm...

Dammit, here I go again with another tempting raffle... :mad2:
 
rottydaddy said:
Yeah, it's a '66, but with less than 3500 TT... probably never a trainer, and 445 hrs SMOH isn't bad with an O-300. Looks pretty good to me. They're including $1200 for fuel or flight training... the plane and the money could get me started on my IR... hmmm...

Dammit, here I go again with another tempting raffle... :mad2:
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Someone needs to set the market price, might as well be you...:wink2:

But I think I'd go into the negotiation about $6k short...
 
BurtM said:
Someone needs to set the market price, might as well be you...:wink2:

But I think I'd go into the negotiation about $6k short...
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I'm not saying I'd pay $27K for it, just $50 for the ticket and about $5K(?) in income taxes. :wink2:

Anyway, it looks pretty sharp for that year; only drawback might be the panel, which looks like a museum display. :D
 
airspeedlive said:
I purchased a ticket for this raffle a few months ago. They just sent a letter in the mail saying they need to sell more tickets. They have sold 669 and need 1,200 to break even, maximum 2,500. Figured I would post it here to spread the word. I am not affiliated in any way.

Raffle date is January 5th, 2013 - They will raffle the plane regardless of the number of tickets sold.

http://www.winnaero.org/
Click to expand...

They should seriously consider using something other than html "height" and "width" attributes for image sizing, nobody on a slow cellular data connection or dial up is going to sit there and wait half an hour for multiple 2-3MB files to download.
 
BurtM said:
Not to be confrontational, but no one at Vref actually buys airplanes, either...

We're getting to the point where something older than a 172G would be interesting because it had manual flaps, ala 172D, or a straight tail, like a 172B.

As it sits, a 172G might be really nice, but it's old enough that it has an O-300, rather than an O-320, but it's not old enough to be a really classic plane.

Kind of like how a 1959 or 1960 Chevy Bel Air has some value, but a 1962 doesn't.

In any case, the first person this year to pay $27,700 for a 172G will set the market. The second person to pay $27,700 for a 172G will validate the market. So far, neither one has stepped up to the plate so far as I can tell.
Click to expand...

No doubt. I'm just saying, that without seeing the plane in person, I think $27K is a decent place to start as a seller.
 
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