>From my buying experiences, I think the market is strange because of all the >hangar queens that had sat for decades in barns or outside, pretty valueless. >All of a sudden the interest brought them out and with a little spit and >polish were being sold. I never found a real properly maintained and used >coupe in my search, my choice was dictated more by what was being offered, and >I am doing the repairs now.. I think those days are fading and we are seeing genuine properly maintained and used ones (and properly restored hangar queens) Come on now, 800 hours on an airframe in 64 years, cannot be good on the plane. I agree that we should see some market value in the mid 30's stabilize.
--- In [email protected], Len Buchta <airslot4...@...> wrote: > > Being realistic a good coupe should sell in the mid 30k range. I thought > about selling mine last year and build an rv12 but changed my mind would > rather fly than build. Listed her for 32.5 and had a lot of calls. Have since > done a bit of updating and annual. Turned down an 34 unsolicited offer a > couple of weeks ago. > > Len > > Sent from my iPhone > > On Jun 13, 2010, at 4:15 PM, Caliendo Dan <djcalie...@...> wrote: > > I advertised my plane for $37,000; but after watching other ads I decided I > was asking too much. I lowered the > price to $32,500 and have a buyer with two people waiting in line hoping he > won't buy it. This morning I got a > "serious" call from the $37,000 ad in Trade-a-Plane. She asked if she could > overbid the buyer (not knowing > what he paid). Relax, Steve, I didn't take her up on it <zhappy.gif>. As of > now, you have two choices: spend $100 and up > or buy a coupe for about a third of that if you want LSA. Some people's > pocketbook don't give them a choice. > Others realize that none of the other LSA's let you fly open cockpit and not > pay personal property tax in many of > the states. > > Dan Caliendo > Ercoupe 3658 > Mach 0.4 > > > > > > On Jun 13, 2010, at 9:42 AM, Donald wrote: > > > > That is what I am trying to accomplish with mine. I bought it last December, > and have been steadily working it over ever since, although it was a flying > fresh annual plane. > My goal was not to restore it to original, but to upgrade it to current > standards and renew those things that were great ideas to start with. > Fortunately I am doing it all myself, so the actual dollars will be smaller > than some would spend, but I feel the end result will be something BETTER > than the $100k LSA on the market. > I am old and don't have that many years of flying left, but of the other > three airraft I have owned, I doubled or tripled my original purchase price > on each of them. I can not imagine anything like that on my Ercoupe, but with > sales prices steadily increasing, who knows. I don't imagine someone that > bought one of these new for $2500 or so would have ever guessed they would be > selling in the $25k to $30k range either. > > --- In [email protected], ALAN FAIRCLOUGH <texasaviator@> wrote: > > > > You can certainly spend 50K in labor and parts to rebuild a coupe and put > > it into better than new condition with updated metallurgy, new cylinders, > > avionics, all the AD's learned from 60 years of field testing and a good > > paint job. > > > > Why not?. > > > > You end up with a better plane than a new LSA that has not been field > > tested. > > > > AF. > > N87333 > > N94694 > > > > > > > Dan Caliendo > Ercoupe 3658 > Mach 0.4 >
