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High fuel prices = buyer's market?



 
 
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  #1  
Old July 19th 06, 02:33 AM posted to rec.aviation.owning
Jim Burns
external usenet poster
 
Posts: 259
Default High fuel prices = buyer's market?

What have you seen in Archer values?
Two local pilots each recently purchased Archers for prices that I thought
were on the high side, then I checked other ads and recent purchases. I was
suprised to find the market that strong. I've always been a fan of the
Archer for it's all around utility and it's ability to hold it's value.
What suprises me the most is the number of older Archers listed and selling
for $75k and up.
Jim

"Greg Copeland" wrote in message
news
On Tue, 18 Jul 2006 20:20:59 -0500, Jim Burns wrote:

[snip]
And I've also watched Piper Archer and most 2 place (even non light
sport) airplane prices continue to climb. So I think planes that are
burning 10gph or less are increasing in value and those that burn 15 gph
and
more are decreasing, everything else being equal. Just an observation.


Fine! Be a bearer of bad news. Just poke me in the eye next time.
I've been eyeing Archers for a while now so that's clearly not good news.


Greg



  #2  
Old July 19th 06, 02:11 PM posted to rec.aviation.owning
Greg Copeland[_1_]
external usenet poster
 
Posts: 54
Default High fuel prices = buyer's market?

On Tue, 18 Jul 2006 20:33:15 -0500, Jim Burns wrote:

What have you seen in Archer values?
Two local pilots each recently purchased Archers for prices that I thought
were on the high side, then I checked other ads and recent purchases. I was
suprised to find the market that strong. I've always been a fan of the
Archer for it's all around utility and it's ability to hold it's value.
What suprises me the most is the number of older Archers listed and selling
for $75k and up.
Jim

"Greg Copeland" wrote in message
news
On Tue, 18 Jul 2006 20:20:59 -0500, Jim Burns wrote:

[snip]
And I've also watched Piper Archer and most 2 place (even non light
sport) airplane prices continue to climb. So I think planes that are
burning 10gph or less are increasing in value and those that burn 15 gph
and
more are decreasing, everything else being equal. Just an observation.


Fine! Be a bearer of bad news. Just poke me in the eye next time.
I've been eyeing Archers for a while now so that's clearly not good news.


Greg


I'm seeing Archers range from $70K - $90K depending on the year,
avionics...blah...blah... Over the last year, my gut seems to be saying
the price has gone up about $5k on average... To be clear, that's
strictly anecdotal and not grounded in fact. But I do agree *I think*
I've been observing and upward trend there.

Greg


 




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