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Grob Value?
It is time to renew the insurance on a Grob Twin Astir T (fixed gear)
and a Grob 103 Twin II Acro, both in very good shape with ~3000 hurs, and new interiors. I have just returned from the SSA convention, and there was a lot of chatter about the escalating values of twins. I would appreciate informed opinions on the value of such gliders in today's market. Charles Peteresen Freedom's Wings Canada |
#2
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Grob Value?
On Feb 6, 5:24*pm, Charlie Papa wrote:
It is time to renew the insurance on a Grob Twin Astir T (fixed gear) and a Grob 103 Twin II Acro, both in very good shape with ~3000 hurs, and new interiors. I have just returned from the SSA convention, and there was a lot of chatter about the escalating values of twins. *I would appreciate informed opinions on the value of such gliders in today's market. Charles Peteresen Freedom's Wings Canada Big factor in Grob value is useful load. Can make as much as $20k difference in price. |
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Grob Value?
On Monday, February 6, 2012 7:24:01 PM UTC-5, Charlie Papa wrote:
It is time to renew the insurance on a Grob Twin Astir T (fixed gear) and a Grob 103 Twin II Acro, both in very good shape with ~3000 hurs, and new interiors. I have just returned from the SSA convention, and there was a lot of chatter about the escalating values of twins. I would appreciate informed opinions on the value of such gliders in today's market. Charles Peteresen Freedom's Wings Canada Hi Charles, I'm very late in responding; I just noticed your post. I recently went through exactly this exercise. As you've already noticed, there is virtually no inventory in the US/Canada, so it's very hard to find a meaningful price. My club bought a Twin Astir last year for $22K including trailer. It was mechanically sound but cosmetically awful (gelcoat coming off in chunks). 600 hours of labor later (I'll be writing this up for Soaring soon), we have a DIY refinished glider with beautiful Urethane-painted wings and partially refinished fuselage. I just insured it for $38K with $2K for the so-so homebuilt steel trailer. I think it would be very difficult to find a good (forget about great) condition G103 for any less than $35K for the glider itself. There are ships in Europe, but by the time you figure exchange rate, deregistration, shipping, importing, etc., you still end up at $35K or more. Email back if you want any more documentation. Erik Mann P3 |
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