So how bad is the used Aircraft sales

[brien23]

I see a listing for a PA-23 on ebay for buy it now 22.5K and it has not sold. With the instrument panel and New props and engine cores you could scrap it for twice that? Is the market realy that bad or am I missing something on the listing.

 

[Jim Logajan]

"Used Aircraft Market: This chart displays each model's quarterly value in relationship to its average equipped price at the inception of the aircraft. The study begins in the spring quarter of 1994 and includes the Jet, Turboprop, Multi, Piston and Helicopter. For all charts, the red number indicates the first reporting date after 9-11."

From: http://www.aircraftbluebookmarketli...k-marketline/2011/6/6/charts-june-6-2011.html

 

[Jim Logajan]

So, with all this data, what is it actually telling us? What is your analysis please, because it just looks like data points to me because I don't have context to allow me to do anything with it.

The value of used airplanes appears to be very sensitive to changes in GDP per capita. The resale value of used GA aircraft also appears to be more sensitive to operational cost than initial investment in the asset. That's what I take away from the trends.

 

[Jim Logajan]

The point being they were replaced,,,,,,, and with junk.

You should do every thing you can to preserve your good old crank, rather than allowing it to be destroyed by something else failing.

If you are planing on overhauling your engine what difference does 200-500 hours make?

Indeed - what statistical evidence there is seems to indicate that overhauls place the engine back in service at higher risk.

"There is no engineering basis for assuming a correlation between aviation piston-engine unreliability and high time in service." -- Dr. Nathan Ulrich, mechanical engineer; from:

The Savvy Aviator #45: How Risky Is Going Past TBO?