On Aug 26, 3:56 am, Thomas Borchert
wrote:
, but the Cessna 150's have been holding their resale
value rock solid even throughout the used plane market slump over the
past year or so...

Doesn't that contradict the "cheap to buy" requirement?

No, not necessarily, because while the 150s have been holding their
value, the price range for good specimens has been holding steady in
the upper teens to low twenties, with the finer specimens in the mod
twenties which in my book still falls in the "cheap to buy" category.

The better quality Cherokee 140s used to be mid-upper thirties, even
into the low forties for finer specimens and now those same calibre
aircraft are being sold in the upper twenties to mid thirties just to
get them moving on market.

I think the Cherokee is definitely the plane-per-dollar value leader
right now, but if you do not really need the four seats, faster cruise
and extra fuel burn, the Cessna 150 will get you into the air, and
keep you there for the overall long term, for less overall money spent
across.... for say 5 years or thereabouts of ownership or even longer
terms.