Greetings all,
I have a 1985 PA-28-161 2700TT 380 SMOH. Here's the dilemma. Purchased in 2007 for $56k. Invested another $10k into it flew from 2007 to 9/2008 - and medical issue kicked it - no flying since then, Last annual 6/2008 - everything was normal. It sat in a hanger for 3 years, and its been tied down outside since 2011. The airplane is somewhat maintained, even though not flown (taxing, run-ups, oil changes, new battery) but no flying and no annual done since 2008. I now need to sell it. Obviously, a fresh annual would be needed, I don't want to take a huge hit on the selling price. Obviously, I'm not going to recover $60k, but would look at $45K. The exterior paint is a 7 and still has its shine, - the interior is a 7 as well with replaced interior trim. Located in sunny Arizona, but covered. Install in the past: Upgraded windshield, Wingtip recognition lights, new tires, led tach, new stainless steel battery box, cables and more.
What would my options be here? A fresh annual would be a given, but how would the airplane sitting on the ground since 2008 effect a buyer's decision?
Thanks all. Just looking for some opinions...
Rob
I have a 1985 PA-28-161 2700TT 380 SMOH. Here's the dilemma. Purchased in 2007 for $56k. Invested another $10k into it flew from 2007 to 9/2008 - and medical issue kicked it - no flying since then, Last annual 6/2008 - everything was normal. It sat in a hanger for 3 years, and its been tied down outside since 2011. The airplane is somewhat maintained, even though not flown (taxing, run-ups, oil changes, new battery) but no flying and no annual done since 2008. I now need to sell it. Obviously, a fresh annual would be needed, I don't want to take a huge hit on the selling price. Obviously, I'm not going to recover $60k, but would look at $45K. The exterior paint is a 7 and still has its shine, - the interior is a 7 as well with replaced interior trim. Located in sunny Arizona, but covered. Install in the past: Upgraded windshield, Wingtip recognition lights, new tires, led tach, new stainless steel battery box, cables and more.
What would my options be here? A fresh annual would be a given, but how would the airplane sitting on the ground since 2008 effect a buyer's decision?
Thanks all. Just looking for some opinions...
Rob
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