PPRuNe Forums - View Single Post - New single vs. older twin.
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Old 24th Aug 2013, 07:09
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AdamFrisch
 
Join Date: Sep 2006
Location: Los Angeles, USA
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No, the resale value of twins is abysmal compared to singles. This makes it ideal for buyers, and a buyers market. I could never have bought my plane 20 years ago - they sold for half a million or more then. The last financial crisis and the continued rise in avgas pricing has put them in the non-desirables. Even a hotrod like the Superstar, that will beat most turboprops at 260kts, can be had for peanuts compared to just 10 years ago. The buyers who bought twins have migrated into high end singles, and here, the prices are inflated instead.

Just look at a simple tail dragger like the Cessna 185. Google some sales sites and you'd be hard pressed to find a single one in good shape below $130K. Many of them advertised for over $200K. I understand they have a certain bush cachet and might not be a good yard stick for this debate, but $200K for a 50 year old plane?

Last edited by AdamFrisch; 24th Aug 2013 at 07:16.
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