I am surprized this one sold quickly. In checking with AOPA and with my insurance agent, a 1973 Aerobat with 2200 TT and 600 smoh should not be worth more than mid to high 20's. It could be worth $30,000 if the engine was just overhauled and the paint was new, but not in this case. I also came accros a 1977 Aerobat with 1950 hours TT and 200 SMOH which needed a paint job for $24,500 firm ( I was too late to buy it). Even with new paint, it would cost no more than around $30,000.
Airplanes will sell at a price that the buyer is willing to pay. But for me, I won't buy an airplane that is almost $10,000 overpriced and the seller won't budge (incedently, this same airplane was for sale in TAP late last year for $34,000 OBO).
