Skymaster Forum  

Go Back   Skymaster Forum > Messages
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Rating: Thread Rating: 18 votes, 5.00 average. Display Modes
  #1  
Unread 07-01-10, 08:13 PM
stratobee stratobee is offline
Registered User
 
Join Date: Feb 2010
Location: Los Angeles and London
Posts: 27
stratobee is on a distinguished road
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.
__________________
Reply With Quote
  #2  
Unread 07-01-10, 09:50 PM
tropical tropical is offline
Registered User
 
Join Date: Oct 2006
Location: Florida
Posts: 146
tropical is an unknown quantity at this point
Quote:
Originally Posted by stratobee View Post
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.
So what do you consider "rightly priced"?
Reply With Quote
  #3  
Unread 07-01-10, 10:18 PM
stratobee stratobee is offline
Registered User
 
Join Date: Feb 2010
Location: Los Angeles and London
Posts: 27
stratobee is on a distinguished road
Quote:
Originally Posted by tropical View Post
So what do you consider "rightly priced"?
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
__________________
Reply With Quote
  #4  
Unread 07-01-10, 10:34 PM
Roger's Avatar
Roger Roger is offline
Registered User
 
Join Date: Nov 2005
Location: FL-NY
Posts: 211
Roger is an unknown quantity at this point
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.
Reply With Quote
  #5  
Unread 07-01-10, 10:35 PM
tropical tropical is offline
Registered User
 
Join Date: Oct 2006
Location: Florida
Posts: 146
tropical is an unknown quantity at this point
Quote:
Originally Posted by stratobee View Post
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
If you bought this Skymaster you are looking at putting in about $50,000 to bring it up to standards. Of course, that's a conservative estimate.
Reply With Quote
  #6  
Unread 07-01-10, 09:52 PM
tropical tropical is offline
Registered User
 
Join Date: Oct 2006
Location: Florida
Posts: 146
tropical is an unknown quantity at this point
Quote:
Originally Posted by stratobee View Post
My funds are limited as a first time buyer, so time is all I have on my side.
If your funds are limited, owning ANY airplane is a mistake.
Reply With Quote
  #7  
Unread 07-02-10, 10:33 AM
Cole5Oh5's Avatar
Cole5Oh5 Cole5Oh5 is offline
Registered User
 
Join Date: Mar 2010
Location: NYC
Posts: 25
Cole5Oh5 is on a distinguished road
Quote:
Originally Posted by stratobee View Post
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.
Well, as others have pointed out, with limited funds, you might be better off buying a vintage corvette. Of course, some of those cost more than most Skymasters, and therefore are out of your price range.

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
__________________
Well and Often
http://www.youtube.com/watch?v=iU2dc-If4-0
Reply With Quote
  #8  
Unread 07-03-10, 10:23 PM
stratobee stratobee is offline
Registered User
 
Join Date: Feb 2010
Location: Los Angeles and London
Posts: 27
stratobee is on a distinguished road
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.
__________________

Last edited by stratobee : 07-03-10 at 10:27 PM.
Reply With Quote
  #9  
Unread 07-03-10, 10:56 PM
Skymaster337B's Avatar
Skymaster337B Skymaster337B is offline
Registered User
 
Join Date: Jun 2004
Location: New Mexico
Posts: 508
Skymaster337B is an unknown quantity at this point
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.
Reply With Quote
  #10  
Unread 07-04-10, 08:02 AM
jchronic jchronic is offline
Registered User
 
Join Date: Apr 2009
Location: Mass
Posts: 100
jchronic is on a distinguished road
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
Reply With Quote
  #11  
Unread 07-04-10, 08:15 AM
Roger's Avatar
Roger Roger is offline
Registered User
 
Join Date: Nov 2005
Location: FL-NY
Posts: 211
Roger is an unknown quantity at this point
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.
Reply With Quote
  #12  
Unread 07-04-10, 09:36 AM
edasmus edasmus is offline
Registered User
 
Join Date: Nov 2006
Location: ARR - Aurora, IL - USA
Posts: 420
edasmus is on a distinguished road
Send a message via AIM to edasmus
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
Reply With Quote
  #13  
Unread 07-05-10, 07:00 AM
jchronic jchronic is offline
Registered User
 
Join Date: Apr 2009
Location: Mass
Posts: 100
jchronic is on a distinguished road
That's good info, Ed; thanks. Can you share what caused the spikes in any unplanned maintenance?

Capt Ahab
Reply With Quote
  #14  
Unread 01-04-11, 02:57 PM
sunnysky sunnysky is offline
Registered User
 
Join Date: Feb 2004
Location: france
Posts: 65
sunnysky is an unknown quantity at this point
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 !!
Reply With Quote
  #15  
Unread 01-04-11, 09:38 PM
Guy Paris's Avatar
Guy Paris Guy Paris is offline
Registered User
 
Join Date: Jul 2002
Location: Nashua NH. (near ASH)
Posts: 266
Guy Paris is an unknown quantity at this point
Pete Somers

What happened to Pete Somers?

guy the old 72 driver....
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 02:06 AM.


Powered by vBulletin® Version 3.6.9
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.