At 15:01 05 April 2019, Tango Eight wrote:
>On Friday, April 5, 2019 at 10:31:48 AM UTC-4,
uncl...@ix.netcom.com wrote:
>> On Thursday, April 4, 2019 at 8:07:42 PM UTC-4,
son_of_flubber wrote:
>> > On Thursday, April 4, 2019 at 11:46:26 AM UTC-4, Papa3
wrote:
>> >=20
>> > > Here's the math for an ASW-20:=20
>> > >=20
>> > > - Moderately crazed ASW-20 in otherwise fair shape.
$25K
>> > > - Full refinish at retail north of $25K (being generous
here)
>> > > - Total cost $50K (forget about all the other stuff -
instruments,
>t=
>railer, etc.)
>> > >=20
>> > > Now, go look at the classifieds. Several nice to very nice
ASW-20s
>f=
>or mid $30K. =20
>> >=20
>> > So a fair price for a "Moderately crazed ASW-20 in
otherwise fair
>shape=
>" would be $8K. Invest $25-30K in repair and you'd get a good
glider for
>=
>$33-38K. Buyer deserves some compensation for the hassle,
risk and delay
>o=
>f refurbishment.
>> >=20
>> > People who're setting unreasonably high prices for their
poor
>condition=
> gliders are hurting themselves, and hurting the sport by
making it harder
>=
>for young people to get into the sport.
>> >=20
>> > I suggest that people who want to get into the sport start
offering a
>r=
>easonable price for trashed gliders $5-8K. Sellers (or the
executors of
>the=
>ir estates) will eventually come to their senses.
>>=20
>> Here is the reality from somebody who has been doing this
for more than
>2=
> decades.
>> It is almost impossible to buy a glider at a price the seller will
>accept=
>, refinish it commercially, and sell it at a favorable price. If it
was
>tha=
>t easy, everybody would be doing it, including the refinish
people.
>> My experience is that a refinish adds somewhere around half
the
>commercia=
>l cost to the salable value of the glider.
>> A recent example.
>> Club member buys a Cirrus 75 with older Komet trailer for
$12000.
>> Over 2 years he refinished it in my shop. It required almost
exactly 400
>=
>hours, mostly his labor. Materials(polyester finish) cost about
$1000.
>> He now has a very nice glider that may get $22K or so on the
market.
>>=20
>> Someone wanting to enter the market that does not have the
resources to
>p=
>ay for a "nice"(defined as not expecting to need a refinish
anytime soon)
>g=
>lider, is going to have to settle for an older glider needing clean
up and
>=
>care and fly it for a few years while saving up the dough for a
nicer
>glide=
>r.
>>=20
>> UH
>
>The other part of the reality is the refinished 20 in question has
an
>unusu=
>al history and was sold very cheap (distress sale cheap) at one
point.
>The=
> seller can sell at an attractive price and do very well. Good for
him.
>T=
>his isn't a "market", it's a one off. =20
>
>Would be buyers have little cause for whining at this time.
Great
>selectio=
>n of very flyable, decent performance stuff out there at very
reasonable
>pr=
>ices. If you want nice, one way or another you pony up. =20
>
>T8
>
You do pay a premium for Flaps,it may be better to go for a std
15M ship LS4 would be good or a asw19.