On Sun, 27 Nov 2005 23:32:23 GMT, B A R R Y
wrote:

To use easily followed examples, what's a NEW Cherokee or 172 go for,
compared to a 30 year old, all original version? The 30 year old,
with kick-ass electronics, freshened up propulsion, and a new interior
and paint very well may hit 75-80% of the new one's price.

A new 2005 Archer III with glass panel is $295,000.

A 1975 Archer sells for $60-70k.

Adding a pristine paint job will be $10k, interior $8k, Garmin panel +
STEC A/P $30k, factory reman'ed engine $30k installed. These refurb
prices are on the high side. Sum total =

70 (purchase)
10 paint
8 interior
30 new avionics
30 engine
---------------------
$148k, which is approx 50% of a new Archer.

The reality is a plane decked out as above would not sell for more
than $125k (42%), and in all likelyhood will sell closer to $100k
(34%).

Not a bad deal considering the $100k fixed up Archer will perform
within a few knots, have similar range, and probably a better useful
load than the Archer III.

-Nathan