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#11
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When the PW5 was first available in the Uk another glider made by the same
manufacturer with better performance and only about 1000 pounds more was available - the Junior. 15M, a proper looking glider, and rated by Derek Piggot as one of the best gliders for an early solo pilot. Why was this not considered? Because it couldnt be kit built and was 15m. Now compare the amount of depreciation on the PW5 and the Junior. The Junior holds its value better because it is more useable, robust, better performance and better looking. The PW5 has failed on one of its main criteria for the World Class- cost. Yes it is fairly cheap to buy new, but nobody is going to be happy with 50% depreciation over 5 years. If you compare total cost of ownership over that period including finance costs to buy, running costs, depreciation ease of sale etc., you will find quite a number of new gliders that are cheaper, and more desirable. OK sharpen your knives to disect this argument. :-) Nigel (dont own a glider but have the choice of 12 single seaters to fly) |
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