I was cruising through controller and was looking at Cessna 310's and is it my imagination or have they come crashing down 50% or so in the last year? Seems to be I remember Turbo 310's going for 175 and now they are like 65 and 70. R Models were like 225. What happened, it would appear to be carnage.

Anything to do with the FIKI ruling against earlier twin Cessnas?

Looks like listing got closer to actual selling prices

Yes twin prices are going down and picking up speed, singles will be right behind them. Twins are now listing at the real market prices and not the "pie in the sky" asking prices of unrealistic sellers that are still in denial about what planes are worth today. No one should own a plane today if they can not afford to have the value go to zero.

If 100LL dropped to 4 dollars a gallon it would slow the decline in value but not stop it.
There are not enough buyers for all the planes for sale.

Interesting that you brought this up. Over two years ago, I decided to move back to a twin from my Mooney Bravo. I looked at every brand and several models; Aztecs, Navajos, 310's,400 series, and very seriously at Barons of all models. I was ready to pull the trigger on a Navajo when I flew in the A* and bought it instead.

This weekend, out of curiosity, I went back to see if any of the twins I had seen were still on the market. Yes, several. Most of those were and are with "brokers". Not good ones, the ones that make unrealistic promises to unrealistic owners and just take calls about airplanes they don't know a damn thing about.

Twins were sitting then and they are sitting now. I came across one nice D55 Baron and somehow got through the broker to talk to the owner. I didn't buy but we made friends and he later called to ask me what to do. Dump the broker and ask a realistic price. He sold the airplane not long after to a BTer for exactly what I offered him and was turned down.

The truly sad thing is that these owners are shooting themselves in the head. The airplanes continue to sit, gather rust, and will soon be nothing more than scrap.

As a realistic friend of mine who is in the aircraft business told me once; "The seller is the last to realize when the market has fallen."

To those of you who think this is good and you are going to pick up a bargain, think again. Scrap is scrap. You can't salvage a 1970's model anything with rusted engines and 1970's avionics and come out if they give you the airplane.

Anybody who says GA isn't dying has got their head and shoulders deeply buried in the sand.

Jgreen

Well Debbie Downer.......

I think you are exactly correct! Unfortunately

Rocky

Sold my 421 in 90 days for a great price...

Had several interested buyers...

Junk doesn't sell...

GA isn't dying. Just the opposite.

No.

Nothing at all has changed with the AD. It's literally just a placard saying "this airplane isn't FIKI certified" - This is for airplanes that never were FIKI in the first place!

No Twin Cessna has moved from FIKI to non-FIKI because of this AD.

Unfortunately, it's widely misunderstood.

Robert

Sold my $500k Baron for $370k after having just spent a fresh $70k on it for A+ paint and interior and sealing the long range tanks. I guess I got ripped off on the purchase price. It's a good thing I don't get ripped off everywhere else in life:-)

Still very happy with the King Air and probably saved a couple of bucks on it.

I loved that Baron but put a curse on that bitch on it's way out the door!

We were pretty close to asking on our 58P. Of course, we had put new engines on the bird and spent quite a bit on that. Of course, we never intended to sell. The King Air came along after the engines were redone. Guess we had priced it reasonably.

GA isn't dying. Just the opposite.

1. Do you think GA is declining because of propeller twin prices? If so, that's a totally misguided way of looking at things. Nobody wants twin propeller airplanes anymore. Instead, look at sales from Embraer, Cessna, Cirrus, Pilatus, TBM.

2. Define "GA" We just did this in a thread not long ago. Anything NOT commercial is GA. That goes for charter. Any airplane taking fuel from an FBO is GA.

Ok, death announcement is premature. But new piston sales are showing an ever faster shrinking market.
And the number of one per centers who could afford them is not growing either. Soon you will have to be a half per center to buy a new one.

I agree with Crandall. Companies are moving airplanes. What gives the perception of a declining GA is who are buying them. Aviation is no longer a middle class thing. It's an upper middle to upper class thing unless it's owned by a business. Piston twins are the station wagons of aviation. Yes they hold a ton of stuff, but people simply don't want to feed that engine. The numbers simply don't lie. Many old piston planes ate about to go through a huge market adjustment. The average bonanza owner is in their 60s and when they hang it up there aren't very many younger people in aviation to buy them.