I think aircraft appreciation has reached it's peak, if not actually on the decline. Other opinions?
I still think a well cared for 150-152 will continue to hold it's value for the foreseeable future. The alternatives, Experimental or Light Sports, just cannot be bought or built, for the $20,000 which WILL buy a decent 150.
The increasing cost of fuel will do no more than cause a little heartsearching, we will soon get used to the new numbers and continue to fly.
I don't have or need a crystal ball to know this, just friends in Europe and Australia who still fly their small planes just the same way we do despite much higher costs.
The people who do get discouraged are the prospective student pilots, many of whom see the cost of obtaining a licence as totally out of reach. Hopefully the new Sports Pilot scheme will help here. It will get people started and many will move on to a Private rating, I believe new pilots wanting to own their own plane are a big factor in 150 resale prices.
The 150-152 is way ahead of anything else as a value for money primary or instrument trainer or recreational plane.
Long may it remain so.
The rain has stopped, lets go fly!
Joe 150F
