I haven't looked at prices for a while until today. The cheapest Lance I found on trade-a-plane is $150K. I'm seeing some in the $200K range. So far I've doubled my money on my investment in a few years.
So I'm wondering -- will inflation continue to push airplane prices sky high? Or will fuel prices cause some owners to throw in the towel?
I'm mostly curious because at some point I'm looking to upgrade to a Seneca. I'm sure fuel prices will push Seneca asking prices down and probably keep PA-32 prices up. Thoughts?
So I'm wondering -- will inflation continue to push airplane prices sky high? Or will fuel prices cause some owners to throw in the towel?
I'm mostly curious because at some point I'm looking to upgrade to a Seneca. I'm sure fuel prices will push Seneca asking prices down and probably keep PA-32 prices up. Thoughts?