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#1
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I follow the 337 market very closely as I'm on the hunt for the right plane. I'm not in a terrible hurry, but will hopefully buy before the end of the year. Anyway, it amazes me how huge the differences are. Clearly many sellers are stuck in early 90's pricing and think that old aircrafts just appreciate, no matter how bad the times are.
This is an example of that: http://cgi.ebay.com/ebaymotors/1979-...#ht_500wt_1182 $60K for a 11.500hr plane with a clapped out rear engine? I don't think so. Even at half of that it would be a struggle. Good thing is I see a lot 337's coming on to the market, so there's plenty of movement. This will probably increase as time goes on. Rightly priced, they're a lot of airplane for the money. Which is why I'm interested. My funds are limited as a first time buyer, so time is all I have on my side.
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#2
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#3
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That aircraft should not be much more than $30.000 with those times, in my opinion.
Compare the above to this aircraft: http://www.skymaster.com/aircraft.asp?control=46
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#4
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The P is not bad. Put $50-60G's in it, radios, engines, etc., and you would have a pretty good plane for $110g's. Of course it is still a P, so it has a limited value like a P210 vs a regular or turbo 210. But for certain missions, the P is a great plane. Just not that user friendly, and the maintenece and insurance can eat you alive if you're on a budget.
And no i'm not dissing the "P" , just trying to give some advise to a newbie who doesn't seem to have yet experienced the expenses of a plane, which is even worse than a boat. |
#5
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#6
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If your funds are limited, owning ANY airplane is a mistake.
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#7
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When you dis someone for offering a plane for a price that you think is high, it does them a dis service. The guy may be looking at unpaid hangar fees, inheritance fees, and a mortgage. If the airplane REALLY interests you, give him a call, and make what you think is a reasonable offer. Obviously, if he doesn't think it's reasonable, he'll hang up on you. That's the chance you take, instead of whining about it to everyone who has already ponied up their money. So, pick up the phone and see if he is interested. What's the phone call going to cost you??? Can you afford that?? Maybe send an email, it's cheaper. However, for real negotiations, I have found that face to face is always best. A phone call is a good place to start. Here, try this one on your budget. http://www.controller.com/listingsde...ER/1161645.htm |
#8
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Listen Cole.
There wouldn't be a forum like this or a second hand market for these aircraft if it weren't for people much like myself, so why the patronizing tone? We were all first time buyers at some point. It almost feels like some people here would much prefer to keep people out of their "club" rather than being welcoming. Cessna 337 owners need all the new members they can get. Much thanks to this forum, I'm well aware of the costs of ownership. I can afford it. However, what I can't afford is to overpay in todays market just because some poor sod has hangar fees to pay or a mortgage. Well, I also have a mortgage and bills to pay.
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Last edited by stratobee : 07-03-10 at 10:27 PM. |
#9
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Stop dreaming, and start flying. The only thing that makes airplanes fly is MONEY. So, either way an airplane will cost you money...so buy in cheap so you'll have money left to pump into it.
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#10
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Well said, Stratobee. Being somewhat tired of flying OPJ (other people's junk), I've been idly watching the Skymaster market, and it's analogous to the housing market: I'm sorry you bought at a higher price, but don't expect me to make you whole for what you thought was an 'investment.'
Likewise, as in any enthusiast market, there's always someone looking to turn a fast buck (as they have every right to do). There's a 336 (in pieces) on Barnstormers that I know went at auction for well under $10K; the guy's now trying to get out of it for $18k, down from an initial ask of $25K. Cole does have a point: They have a right to ask whatever they want, and may have a perfectly valid reason for doing so. They likewise have a right to sit on their airplane forever - or until they get real or find a sucker willing to bite. Capt Ahab |
#11
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Strato..
I believe this board exists for and through the civil dialouge of people who both aspire to and actualy own and operate Skymasters . re: your comment: "Much thanks to this forum, I'm well aware of the costs of ownership. I can afford it". What I believe some of us are saying is that given your post history it appears that money is of paramount importance in your quest for the "proper" plane. Whether that is because you don't have enough, or are just cheap, it's hard to tell. Skymasters and "cheap or budget" are never discussed in the same sentence, by people who own and operate them The odds that someone like yourself would come onto the scene and be the one peorson on the planet earth to "beat the system" by finding a Skymaster in the price range that you seem to think is not "so 90's" and fly off into the sunset seems pretty absurd to most users. Instead what will more than likely happen is one of two things: 1) You will find a cheap Skymaster, and to bring that aircraft to a standard that is safe and effective (i.e. runs when you want it it) the operating finances will consume your budget. or, 2) You will find the same airplane and cut corners on the expenses until it kills you. So one really has to wonder if there is a level of civility that must be breached to keep someone from either ruining themselves financially, or killing themselves? I for one would vote for the practicallity of telling it like it is, and be dammed if someone was a touch miffed because it tweaked their ego. |
#12
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1973 C337G
2009 - $32,270.33 2008 - $34,665.76 2007 - $24,132.48 Each year was 100 hours +/- 10 hours. Operating costs are: fuel, insurance, hanger, maintenance. No mortgage on the airplane. The airplane is paid for. So far 2010 has been a good year. Possibly best ever in terms of cost but the year is only half over and anything expensive can break at anytime so we'll see. Hope this helps. Ed |
#13
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That's good info, Ed; thanks. Can you share what caused the spikes in any unplanned maintenance?
Capt Ahab |
#14
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I've owned my Skymaster for over 28 years and still marvel at it's virtues.
Maintainance is getting more difficult (since the demise of my good friend Pete Somers, who was a great contributor to this site ) . My wife will only fly in "sturdy" aircraft such as the Skymaster or say a 182. We have friends here in France with the new generation stuff like Diamond Stars and Rotax powered homebuilts, but the owners wifes do not like flying in them. When we arrange a trip away with several aircraft, the other wifes always want the spare seats in our 337. I think this says it all !! Also, trhe other "economical " aircraft I mention are also almost unsellable. The friend with the Rotax powered aircraft has been trying to sell for over two years, so ALL light aircraft are difficult to sell. So, as long as I continue flying , its only a 337 I would consider. Sunny Sky. P.S. We are planning a trip from France to Thailand in Nov/Dec this year. Going through Italy, Greece, Cyprus, Luxor, Riyadh, Bahrain, Oman, Karachi, Alhamabad, Bhopal, Patna Chittagong and to Chiang Mai. Can easily get the clearances and avgas is available. Don't suppose any of you U.S. guys are in to join us on such a trip ? Long shot I know , as you would have the hardest part to get to Europe !! |
#15
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Pete Somers
What happened to Pete Somers?
guy the old 72 driver.... |