Buyers market : update

Greetings!!

It's starting to happen! buyers market!!!!!!

The price of used Airplanes going down! FAST (Cessna 150 & 172's)
checking trade a plane this past week the new sales listing's are
reflecting a rapid downward trend in asking price.

The dreamers (older listings) with run out airplanes, high time
airframe with runout engines are still asking for big bucks, (20 +
grand) but the new listings are more inline with Vref and NAAA.

Ebay listed airplanes are mostly IN LINE with Vref and NAAA. The
buyers know the Vref Value and bid accordingly.

After the elections airplane prices may get better! as the price of
Gas climbs back up to 3 bucks +++ per gallon auto and 4 -5 bucks for
aviation coupled with expected massive home forclousers and Job
losses.

( I hope I am wrong but it seem's that the price drops as we get closer
to elections!! funny, the stock market is way up to...just before the
elections (pump and dump???) a ploy by big $$$$ to re-elect the
same slime balls in Congress???? perhaps we will see!!!