How Bad is Twin Market? Single Market?
My Cessna 320 had a gear collapse in April due to improper rigging at the annual inspection. I was under insured so I have to wait for the settlement with the shops insurance to buy another plane. I am going to be very cautious, with gas prices thru the roof and values dropping. I formerly had a cirrus SR-22 which I flew for 2 years and sold for my purchase price, that was a good investment, but in searching the options, it seems even the Cirrus is going down in value more than I would have anticipated a few years ago.
It seems most of the general aviation fleet is for sale.
Should a guy be offering 1/2 the asking prices in this environment to avoid being the loser on the next sale?
Just like to hear opinions. Thanks Dave
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