Very informal study of 170 sales.

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Richgj3
Posts: 189
Joined: Wed May 27, 2020 3:13 pm

Re: Very informal study of 170 sales.

Post by Richgj3 »

It’s a tough decision. I had the entire ad with pictures written on Barnstomers and couldn’t pull the trigger. I guess my thought process is, the market is soft and will be for a while. I’ve already spent this years money on it. Annual is done, insurance is paid. I own the hangar, so that money is sunk a long time ago.

But, I’m 76, been flying since I was 22 and I’m having a hard time with $8.40 gas. Just not flying anymore. I’m drifting for sure.
Rich Giannotti CFI-A. CFI-I SE.
1952 C170B
N2444D s/n 20596
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BrianW
Posts: 22
Joined: Sat Jun 18, 2022 12:14 pm

Re: Very informal study of 170 sales.

Post by BrianW »

Prices of 170s seem up again, and inventory low. Several people are asking over 100K for a clean 170B with the 0-300. Previously no one asked over 100K unless it had the 180HP engine swap.

I'm in the market for a 170 but really struggle with the logic of one at these prices. For 55K I can get a great 1959 straight tail 172 that will do 99% of what I want a 170 to do, and with the left over money, go buy a champ or a Cessna 140/120 to get my taildragger time.

I've also thought prices would start to come down, but so far I'm not seeing it happen, maybe flatten, but not decline yet.
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GAHorn
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Re: Very informal study of 170 sales.

Post by GAHorn »

Richgj3 wrote:It’s a tough decision. I had the entire ad with pictures written on Barnstomers and couldn’t pull the trigger. I guess my thought process is, the market is soft and will be for a while. I’ve already spent this years money on it. Annual is done, insurance is paid. I own the hangar, so that money is sunk a long time ago.

But, I’m 76, been flying since I was 22 and I’m having a hard time with $8.40 gas. Just not flying anymore. I’m drifting for sure.
Rich,…. if you think that airplane is expensive to operate at $8/gal gas…. re-visit your expenses of ownership you’ve already expressed in this post…and think about how expensive NO HOURS spent flying it is costing you.

You and I are not too different in age… and it’s time to realize that NOW is the time you’ve worked all your life for….and you can’t take the money with you. Quit worrying about gas prices ..(which are coming back down anyway)….and ENJOY the time you have left!
'53 B-model N146YS SN:25713
50th Anniversary of Flight Model. Winner-Best Original 170B, 100th Anniversary of Flight Convention.
An originality nut (mostly) for the right reasons. ;)
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