Mailing List lml@lancaironline.net Message #9480
From: Bob Evans <rbevans@eiihq.com>
Subject: L IVP Prices
Date: Fri, 27 Apr 2001 19:59:19 -0400
To: 'lancair.list@olsusa.com' <lancair.list@olsusa.com>
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To the fellows who were inquiring about prices I have some recent
experience in this area since six months ago I bought a completed IVP.
Prior to that for six months I shopped for one. I therefore have knowlege
of some recent transactions. I don't want to be too specefic so I don't
give identities away but here it is. I know of one IVP that went for
exactly $300,000. It was beautifully finnished, had a good pannel, had full
deice but had not had the normal bugs yet worked out (read $30,000+). I
know of another which sold for $304,000. It was nicely finnished, had a
good pannel, had a/c but which also had some bugs to be worked out (read
$40,000). I know also of another which did not have paint and upolstery but
which had been flown off on which there was a contract for around $300,000.
On the offer side I know of nice airplane on which the owner after
negotiation wound not take less than $350,000. I also heard of a Dotcommer
offerring $600,000 for one which was refused. Based on this Iknowlege 'd
say the market value of a lowtime (but bugs worked out) IVp is about
$350,000.The better authority is Jim Jenkins at Sterling Air in Carson
City.He has sold a number of them. Hope this helps.
Bob Evans IVP N4TQ

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