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21 May 2025, 02:14 [ UTC - 5; DST ]


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 Post subject: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 10:44 
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Joined: 01/23/13
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Company: Kokotele Guitar Works
Location: Albany, NY
Aircraft: C-182RG, C-172, PA28
The XP-82 Twin Mustang is for sale at $12,000,000.

https://www.platinumfighters.com/xp-82

With the most expensive warbirds seeming to go for about $3M, how much chance is there that it sells at this price? I know it's a one of a kind, but still...


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 10:56 
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Company: airlines (*CRJ,A320)
Location: Florida panhandle
Aircraft: Travel Air,T-6B,etc*
This is almost like one of those times when an ad languishes on Trade-a-Plane or Controller for months and months, and the backstory is, "Honey, I've been trying sell the plane like you told me but nobody is calling."

This particular airplane has been a really neat project to follow. I'm pretty sure the first place I ever heard of or saw a picture of a P-82/F-82 was in one of those red hardcover C.B. Colby books from the public library... decades ago. Until this restoration came along, there was just the occasional "honorable mention" in the form of a footnote or passing mention in material about the P-51, infrequent at best and almost forgotten.


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 11:16 
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Joined: 12/16/07
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Company: Real Estate development
Location: Addison -North Dallas(ADS), Texas
Aircraft: In between
Well, no harm in asking. :shrug:

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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 12:44 
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Username Protected wrote:
The XP-82 Twin Mustang is for sale at $12,000,000.

Is that better or worse than "Call for price"?


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 13:15 
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Joined: 12/29/14
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Location: Huntington Beach, CA (KFUL)
Aircraft: 1971 Bonanza A36
I was going to pay full price, but if I can't buy a matched pair so that I can fly formation with a buddy, it just isn't worth it.


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 13:35 
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>I was going to pay full price, but if I can't buy a matched pair so that I can fly formation with a buddy, it just isn't worth it.

It seems that this plane in particular sort of has matched pair formation built in... you should go for it :-)


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 14:10 
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Location: Huntington Beach, CA (KFUL)
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Username Protected wrote:
>I was going to pay full price, but if I can't buy a matched pair so that I can fly formation with a buddy, it just isn't worth it.

It seems that this plane in particular sort of has matched pair formation built in... you should go for it :-)


Nah - that other guy is always wanting to be PIC. He needs his own plane!


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 14:59 
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Joined: 05/06/10
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Location: KMBO Brandon, MS
If ya gotta ask, ya can’t afford it.


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:15 
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It will sell. Somebody will want the only one. People pay more than that for cars...

Peace,
Don


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:23 
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Joined: 12/14/07
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Location: Pittsburgh, PA (KAGC)
Aircraft: 1970 Bonanza V35B
Username Protected wrote:
It will sell. Somebody will want the only one. People pay more than that for cars...

Peace,
Don

Don is correct! Have a look here: https://theupsider.com.au/expensive-cla ... tion/13527
or https://www.workandmoney.com/s/most-exp ... 591379451a
Jay

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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:23 
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Joined: 06/06/12
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Username Protected wrote:
It will sell. Somebody will want the only one. People pay more than that for cars...

Peace,
Don

Bingo!

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Antoni Deighton


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:37 
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Ifin I all ready had a P-51, P-40, B-25 and C-45 and also had a few hunert extra mil....then why not

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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:46 
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For all you big talkers... ;)

I need to move a Mustang for friend who passed away.

Give me a call!

I'll even check you out, if you've mastered the T-6. (that's a pretty safe offer, because I've been flying a T-6 30 years and I haven't mastered it yet.)

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Doug Rozendaal
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Be Nice, Kind, I don't care, be something, just don't be a jerk ;-)


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:54 
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Aircraft: C-182RG, C-172, PA28
I'm not convinced that the exotic car market tells us much about the exotic airplane market. Seems like if it did, there'd be no ceiling for prices on pristine WWII aircraft, yet they top out around $3M.


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 Post subject: Re: Twin Mustang for sale $12M
PostPosted: 08 Sep 2020, 15:58 
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Username Protected wrote:
I'm not convinced that the exotic car market tells us much about the exotic airplane market. Seems like if it did, there'd be no ceiling for prices on pristine WWII aircraft, yet they top out around $3M.


insurability affects aircraft values greatly, easier to insure an exotic for $3m over retail than it is an airplane

ask those policyholders what the restrictions are on usage or display/location of their over-insured cars, usually requires a larger portfolio of insured items which is why these are usually part of collections


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