In article ,
Ross wrote:

You made a comment about depreciation. Mine did not depreciate. I sold
it this year and even in a down economy I sold it for almost twice what
I bought it for. Not bad. Like I said, it got a OH engine, and during
the time all avionics were OH and I did add a IFR GPS. (No, not any
fancy Garmin item)

I expect to be able to sell my share for the same price I bought it for.
This means depreciation will roughly follow inflation, which is not a
lot, but it adds up.

The big worry is a refinish job at some point in the distant future. My
gelcoat is in fantastic shape considering that it's almost 25 years old,
but someday it will have to be redone, and the cost of that is likely to
be 1/3rd-1/2 of the total cost of the aircraft.

I wish I still had it. D*** medical....

Sorry to hear about that. I know it's not the same thing at all, but one
of the benefits of flying gliders is that the only medical exam you have
to go through is asking yourself in the morning, "Am I fit to fly?
Yep...."

I've watched many fellow glider pilots who also fly powered aircraft
lose their medicals and struggle to get them back, and it's so
frustrating. One lost his medical due to a Hepatitis C infection! He was
robust, healthy, continued to fly gliders all throughout with no
problems, but somehow this disqualified him. He was fortunate enough to
be cured of the infection and finally got his medical back, but it's
just all so crazy.

--
Mike Ash
Radio Free Earth
Broadcasting from our climate-controlled studios deep inside the Moon