WIX Archives

As their value rises...?

Posted by bdk on Tue Nov 25, 2003 02:12:24 PM

In reply top Re: Migs (fumble fingers) posted by Rob Mears on Tue Nov 25, 2003 02:00:58 PM

If anything, their value has decreased dramatically over the years. I think that jets were a flash in the pan... They were valuable when they were hard to get, now they aren't anything special. Add to that the fact (in my mind) that there will be severe restrictions forthcoming if any of the public get injured by one of these aircraft (like the ice cream parlor incident).

A friend of mine just sold a really nice Fouga for $50k. Flying, low times, with good limitations. Way undervalued for the quality of airplane and performance. The market just isn't there (in my opinion).

: As I was saying...
:
: I've been told that the supply of early Mig types availabl
: e from overseas has all but dried up. In relation to dema
: nd there is still somewhat of a surplus of airframes alrea
: dy in the States, but effectively no more availble for imp
: ort as their value rises in the years to come.
:
: Can anyone offer me a second opinion on this? Judging fro
: m hindsight, I hate to see the finite amount of avaialble
: airframes broken up regardless of their market value. The
: n again, this is a moot point if there are still loads of
: them available for future export to the US, UK ,etc.

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