The story is true all names and places are omitted.
We have all looked at ramp rag 150s that are for sale in the 18-24k ranges, they never fly and have been for sale so long the orange faded from the for sale sign. At one of the airports I utilize is a late model (M)150 that belongs to a club, flies on a regular basis and is a very forgettable plane (if it blocked the gas pump during our clinton flyin no one would remember it being there). It has been offered for sale at $7,500. No takers, today someone told me they offered $5000 for it. I can't wait to see if it sells. I was just wondering, how cheap is cheap?
John
