April 2007 Issue
Price Tumble Down: It’s a Buyer’s World
The days of used aircraft appreciation may be gone forever. Buyers have plenty of models to pick from and sellers may have to upgrade to move their airplanes.
The Baron owner approached us at an evening pilot meeting. He looked stricken. He had just sold his airplane after more than a year of trying and the selling price was nearly a third lower than he had wanted. "I really never thought things would get this bad," he said.Welcome to the harsh world of aircraft ownership in the 21st century. Not so long ago, the myth that airplanes were actually a good investment was abroad in the land.
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