1-26 Price

[John Foster]

Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the roof! Most of the recent offerings on W&W are over $8K, and many $10K+. I get that many have had a lot of hours put in restoring them and updating instruments, but really... Just a year or two ago you could reliably find decent flyable examples for sale for $4-5K. Now they're $8-10K+

[[email protected]]

On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the roof! Most of the recent offerings on W&W are over $8K, and many $10K+. I get that many have had a lot of hours put in restoring them and updating instruments, but really... Just a year or two ago you could reliably find decent flyable examples for sale for $4-5K. Now they're $8-10K+

We just put a bit over 200 hours and $3000 into repairing and restoring a 1-26E that we bought for almost nothing. Now beautiful. You do the math on what that might be worth.
Maybe the prices you see reflect perceived value.
UH

[IADPE]

On Wednesday, April 22, 2020 at 2:45:27 PM UTC-5, wrote:
> On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> > Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the food!

Wait six months with this economIc trend and I suspect the price trend will reverse.

[[email protected]]

On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the roof! Most of the recent offerings on W&W are over $8K, and many $10K+. I get that many have had a lot of hours put in restoring them and updating instruments, but really... Just a year or two ago you could reliably find decent flyable examples for sale for $4-5K. Now they're $8-10K+
1-26 pricing is normal. There just aren't any crappy 1-26s on W&W at the moment.

[Chris Wedgwood[_2_]]

On Wednesday, April 22, 2020 at 9:06:11 PM UTC+2, John Foster wrote:
> Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the roof! Most of the recent offerings on W&W are over $8K, and many $10K+. I get that many have had a lot of hours put in restoring them and updating instruments, but really... Just a year or two ago you could reliably find decent flyable examples for sale for $4-5K. Now they're $8-10K+

The 1-26 in Condor 2 is less than $12 :D

[[email protected]]

On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
prices seem to be going through the roof!

Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years. Finally sold it after about 15 years for 12,000.

Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).

Sill a great first ship that can teach you many things, and still fun to race in one class competition.

Kevin
92
formerly 192

[[email protected]]

The 1-26 also still offers a lower price point for people to get into this wonderful sport that glass, carbon, or kevlar. When I got started we still had kids at home, and there is no way the glass price point would work for me. The 1-26 price point did, and so it began.

Kevin
92
formerly 192

[[email protected]]

On Thursday, April 23, 2020 at 2:47:57 AM UTC-4, Chris Wedgwood wrote:
> On Wednesday, April 22, 2020 at 9:06:11 PM UTC+2, John Foster wrote:
> > Has anyone noticed the trend lately on price for a SGS 1-26? The prices seem to be going through the roof! Most of the recent offerings on W&W are over $8K, and many $10K+. I get that many have had a lot of hours put in restoring them and updating instruments, but really... Just a year or two ago you could reliably find decent flyable examples for sale for $4-5K. Now they're $8-10K+
>
> The 1-26 in Condor 2 is less than $12 :D

That's a rip off compared to the EB-29 :)

[Chris Wedgwood[_2_]]

> > The 1-26 in Condor 2 is less than $12 :D
>
> That's a rip off compared to the EB-29 :)

Interesting.

So we should charge by span or per L/D?

Actually, we aim to do it by how much work went in. On that basis, the 1-26 should be 3 x the EB29 :O

[[email protected]]

On Thursday, April 23, 2020 at 10:01:55 AM UTC-4, Chris Wedgwood wrote:
> > > The 1-26 in Condor 2 is less than $12 :D
> >
> > That's a rip off compared to the EB-29 :)
>
> Interesting.
>
> So we should charge by span or per L/D?
>
> Actually, we aim to do it by how much work went in. On that basis, the 1-26 should be 3 x the EB29 :O
Big mistake is not charging for the motor;) Great job on both. Fun to fly the same task in a 1-26 and an EB-29.

[John Foster]

On Thursday, April 23, 2020 at 7:03:35 AM UTC-6, wrote:
> On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> prices seem to be going through the roof!
>
> Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
> for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years. Finally sold it after about 15 years for 12,000.
>
> Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).
>
> Sill a great first ship that can teach you many things, and still fun to race in one class competition.
>
> Kevin
> 92
> formerly 192

A couple years ago when I first started trolling W&W adds looking for a potential ship, a decent flyable 1-26 was running in the $4k to $6k range. The ones offered now are twice that. I find it hard to believe that the quality of the current offerings are that much better than formerly, but I could be wrong. I realize you can spend a lot of money on new instruments--over $5k just on a basic set, so maybe this is what I'm seeing here? I also realize that restoring these ships is not cheap, and maybe the price of the current offerings is reflecting this as well.

[Dan Marotta]

There's also this little economic phenomenon called inflation.Â* You see
it in materials, wages, etc., and it all ends up in the price of
things.Â* But I'm an engineer, not an economist so I'm probably wrong.

On 4/23/2020 10:07 AM, John Foster wrote:
> On Thursday, April 23, 2020 at 7:03:35 AM UTC-6, wrote:
>> On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
>> prices seem to be going through the roof!
>>
>> Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
>> for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years. Finally sold it after about 15 years for 12,000.
>>
>> Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).
>>
>> Sill a great first ship that can teach you many things, and still fun to race in one class competition.
>>
>> Kevin
>> 92
>> formerly 192
> A couple years ago when I first started trolling W&W adds looking for a potential ship, a decent flyable 1-26 was running in the $4k to $6k range. The ones offered now are twice that. I find it hard to believe that the quality of the current offerings are that much better than formerly, but I could be wrong. I realize you can spend a lot of money on new instruments--over $5k just on a basic set, so maybe this is what I'm seeing here? I also realize that restoring these ships is not cheap, and maybe the price of the current offerings is reflecting this as well.

--
Dan, 5J

[[email protected]]

On Thursday, April 23, 2020 at 12:07:47 PM UTC-4, John Foster wrote:
> On Thursday, April 23, 2020 at 7:03:35 AM UTC-6, wrote:
> > On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> > prices seem to be going through the roof!
> >
> > Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
> > for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years. Finally sold it after about 15 years for 12,000.
> >
> > Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).
> >
> > Sill a great first ship that can teach you many things, and still fun to race in one class competition.
> >
> > Kevin
> > 92
> > formerly 192
>
> A couple years ago when I first started trolling W&W adds looking for a potential ship, a decent flyable 1-26 was running in the $4k to $6k range. The ones offered now are twice that. I find it hard to believe that the quality of the current offerings are that much better than formerly, but I could be wrong. I realize you can spend a lot of money on new instruments--over $5k just on a basic set, so maybe this is what I'm seeing here? I also realize that restoring these ships is not cheap, and maybe the price of the current offerings is reflecting this as well.

There hasn't been a "decent,flyable" 1-26 in the range you are talking about in many years. Any ship in that range is almost certainly an early ship not far from needing fabric and paint.
Best value on Wings and Wheels right now is a 1-34R for 10k. A good value there.
UH

[[email protected]]

Here's a breakdown of 1-26 asking prices over the last 3 years or so and, yes, $10,000 is in the top of the range. Some of these may be duplicates.

<$3,000 "projects" 2xA versions; 1xC version
<$4,000 4xB
<$5,000 1xA; 3xB; 5xC
<$6,000 1xA; 3xC
<$7,000 1xB; 1xC; 1xE
<$8,000 2xA; 2xB; 2xC; 1xD; 2xE
<$9,000 1xA; 2xB; 3xC; 3xD; 2xE
<$9,999 1xA; 1xB; 1xC; 1xD; 2xE

[Jonathan St. Cloud]

On Thursday, April 23, 2020 at 10:19:14 AM UTC-7, wrote:
> On Thursday, April 23, 2020 at 12:07:47 PM UTC-4, John Foster wrote:
> > On Thursday, April 23, 2020 at 7:03:35 AM UTC-6, wrote:
> > > On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> > > prices seem to be going through the roof!
> > >
> > > Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
> > > for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years.. Finally sold it after about 15 years for 12,000.
> > >
> > > Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).
> > >
> > > Sill a great first ship that can teach you many things, and still fun to race in one class competition.
> > >
> > > Kevin
> > > 92
> > > formerly 192
> >
> > A couple years ago when I first started trolling W&W adds looking for a potential ship, a decent flyable 1-26 was running in the $4k to $6k range. The ones offered now are twice that. I find it hard to believe that the quality of the current offerings are that much better than formerly, but I could be wrong. I realize you can spend a lot of money on new instruments--over $5k just on a basic set, so maybe this is what I'm seeing here? I also realize that restoring these ships is not cheap, and maybe the price of the current offerings is reflecting this as well.
>
> There hasn't been a "decent,flyable" 1-26 in the range you are talking about in many years. Any ship in that range is almost certainly an early ship not far from needing fabric and paint.
> Best value on Wings and Wheels right now is a 1-34R for 10k. A good value there.
> UH

I did my very first self-taught xc flights in a 1-34 out of Hemet. Thought it was a great bird for a beginning xc pilot! Of course the ultimate beginning XC ship is a two place bird so you can fly with someone more experienced.

[Roy B.]

John:
Nostalgia for the "old days" can sometimes color perception. In 1992 when my son turned 15 we purchased an excellent condition Silver Anniversary 1-26E (with a good open trailer) for $6500. Adjusted for inflation, that same amount of dollars today would be $12,115 and I would consider that a fair price for that glider in that condition today.
ROY

[2G]

On Thursday, April 23, 2020 at 6:03:35 AM UTC-7, wrote:
> On Wednesday, April 22, 2020 at 3:06:11 PM UTC-4, John Foster wrote:
> prices seem to be going through the roof!
>
> Really???? in 2000 I bought my first glider, a 1-26B with an enclosed trailer
> for $7000. It was flyable as you say, but tired. Stripped it down to the tubing and did a restoration and instrument upgrade after a few years. Finally sold it after about 15 years for 12,000.
>
> Price on a 1-26 is just like price on any glass ship, if the gel coat is blown up, or blowing up on a glass ship you can get it cheaper (more expensive in the long run).
>
> Sill a great first ship that can teach you many things, and still fun to race in one class competition.
>
> Kevin
> 92
> formerly 192

Your buyer got a bargain!

[Chris Behm]

We need input from the "soaring economist" on this issue!