Vintage Aircraft - A Viable Investment?
I was talking to someone who purchased a DH-Beaver in the late 1990s for $90,000, U.S., did a bit of work on it, flew it for fun and did some chartering/cargo hauling on the side. In 2008, he sold it for $275,000 U.S.
Not a bad profit! He also told me what the plane earned him in chartering/hauling cargo paid his fuel and hangar tab.
So....what do you think about investing in vintage aircraft? Any experiences, advice or opinions?