£200,000 for an ATR42?

[MJR]

I noticed on PPJN that Aurigny were looking to buy another ATR for £200,000. Is this a realistic price or a typo?

cheers

MJR

[No_Speed_Restriction]

Would you want to fly in it knowing how little it cost? :\

[Cyrano]

I would expect monthly lease rentals for a relatively old ATR42 to start somewhere around USD40,000, which - very rough 1%/month rule of thumb - would put the equivalent purchase price somewhere around USD4m, or £2.2m.
I've looked up the original reference and suspect it might mean "£200k to be used as initial lease deposit on an ATR42" (a few months' rentals) rather than "£200k to buy a whole ATR42".

(note: considerable variation in ATR42 rental rates: monthly lease for one of the newest ATR42-500s could be about 3 times that of the oldest ATR42-300s. So take the above numbers just as indicative - I don't know what type/age of ATR42 Aurigny is - allegedly - going after).

C.

[cptcoxie]

Aurigny are looking for an ATR 42 which can also be used for freight as well as pax.

they have just got a loan for 4.2 million this is so they can get a ATR 42-300 with spares. but it is very rare to find an ATR with pax and freight config.

£200,000.00 seems a bit cheap to buy an ATR 42 anyway so cant see them budgeting to buy at that price