2 ms·
Small planes. The exact same plane from the 1970s costs 4x as much.
by concordDance 4y ago
Small planes. The exact same plane from the 1970s costs 4x as much.
- someweirdperson 4y agoThose fancy digital glass cockpit avionics in the modern versions are not cheap. On the other hand, those ancient mechanical avionics were crazily expensive, too.
- concordDance 4y agoWhen I say the exact same plane I mean the same plane, not one with fancier avionics.
- someweirdperson 4y agoSame model from the 70s with the same avionics in 2022? I'm not sure that's even available. C172 entry model is full glass today. Interior looks a lot more shiny, too. Maybe not same model but actually same plane? If it was new in the 70s it is used and much cheaper now. If it was new in the 50s, the used price in the 70s might have been lower than it is today though. That's caused by the minimum price the market defines for anything that's airworthy. Maybe that's an investment stragtegy, buying used planes when they reach their minimum price, then keeping them, flying minimal hours to keep the engine alive, to sell 50 years later. But any potential gain will be neglected by hangar and maintenance cost.
- club_tropical 4y agoThis is criminally underinvested.
- queuebert 4y agoGeneral aviation is quite a ways behind where cars are right now. There are new planes like the Cirrus SR22 that have made advances, but they are far from ubiquitous. Most GA planes are like driving a 57 Chevy except if the engine dies, you die.