Digger wrote:
Well the maths isn't hard to do.
you can buy a flyer anywhere between $500k and $750K depending on times and condition ie original vs updated avionics and interiors.
You would be looking at about this price to get this bird back to its former glory, so unless you have a large inventory of spares etc as some people and companyies
do then its probably not that bad because the overheads on repairs are drastically reduced.
Digger
One fully restored, actively flying B-25 was sold three years ago for $230,000 and the sales market hasn't improved much since that time. If you could turn a B-25 in today's market for $500k there would be at least three or four more up for sale, but you'd be lucky to get $225k for a solid flyer at this point -- not even worth listing. The owner of this B-25 obviously isn't grounded in any reality here... listing at that price and telling prospects that you'd only need to hang the engine and recover the controls to get her in the air is absolute lunacy. Unfortunately, if it sells, it will be to someone who doesn't have a clue what they are getting into and I fear the plane will continue to languish where it sits -- unless the owner re-lists with something far more realistic (dare I say something with five digits).
My .02.
Cheers,
Ryan