Warbird Information Exchange

DISCLAIMER: The views expressed on this site are the responsibility of the poster and do not reflect the views of the management.
It is currently Sat Jun 21, 2025 4:43 pm

All times are UTC - 5 hours


Classic Wings Magazine WWII Naval Aviation Research Pacific Luftwaffe Resource Center
When Hollywood Ruled The Skies - Volumes 1 through 4 by Bruce Oriss


Post new topic Reply to topic  [ 54 posts ]  Go to page Previous  1, 2, 3, 4
Author Message
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 6:28 am 
Offline
User avatar

Joined: Wed Jun 16, 2004 7:18 am
Posts: 671
Location: Berkshire, UK
JohnH wrote:
Yes, by far it’s a record!


A far cry from the mere £100,000 Kermit paid for RS712 back in 1986 when there was no one else interested in buying an airworthy Mossie.


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 10:47 am 
Offline
Newly minted Mustang Pilot
User avatar

Joined: Sun Nov 14, 2004 3:41 pm
Posts: 1441
Location: Everywhere
IMHO...what Tom Rielly and his crew created was monumental. It is a unique airplane. However, one doesn't just "roll it out of the hangar and go fly", it's an event, much like owning a racing Mustang, it's built for show. The market is limited. The known people in a position to afford this aircraft aren't looking for a complex, rare engined, one of a kind airplane. The current trend in ownership is toward "provenance" and historic value. Let's face it, this P-82 is a cool airplane but it has no history. A lot of money is being spent, or is going to be spent right now on P-47s, P-38s, Corsair, and Hellcats. It's hard to speculate on a potential buyer...but someone is out there that will take this on, and I'd be willing to bet it will be someone we have never heard of. This airplane redefines complex...for the trouble, and for $12 million, it's easier to have a Mustang scratchbuilt and still have gas money in the bank. It will be fun to watch this play out.

Jim

_________________
www.spiritof44.com


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 2:30 pm 
Offline
Long Time Member
Long Time Member
User avatar

Joined: Wed Jan 19, 2011 12:27 am
Posts: 5614
Location: Eastern Washington
JimH wrote:
It will be fun to watch this play out.
Jim


I agree. But I doubt if we'll ever know the sale price. The warbird community is pretty tight lipped when it comes to prices actually paid for aircraft.

I write for a antique automobile magazine and cover some high end auctions, so I know with cars, even some pretty historic/rare ones (like the Bullitt Mustang or the early Shelby race Mustang both of which sold for $3 million+), if they sell at auction the public gets an idea of their value.

_________________
Remember the vets, the wonderful planes they flew and their sacrifices for a future many of them did not live to see.
Note political free signature.
I figure if you wanted my opinion on items unrelated to this forum, you'd ask for it.


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 5:29 pm 
Offline

Joined: Thu Jan 08, 2015 7:18 pm
Posts: 73
JohnH wrote:
stryper wrote:
Sorry to go off on a tangent, but there are a few posts in this thread about not getting a return on your investment with restorations. I watched a video of when Rod Lewis was down at AvSpecs checking on his Mosquito restoration and they mentioned the final cost to be around $10m. When they asked Mr. Lewis about it, he said something to the sort of that it was worth it. Not owning it very long after it returned to the states, I wonder if he lost money, broke even, or made a profit, when he sold it to Mr. Somers?


Yes, I know on good authority he made a good profit. There would have been no sale otherwise.


Thanks for the info!


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 7:35 pm 
Offline
Long Time Member
Long Time Member

Joined: Fri Feb 03, 2012 1:48 pm
Posts: 7819
It's the perfect Mustang to own to take people up for a ride that may have bad breathe, B.O., rotten bowels or a weak stomach. Other than that it's quite useless.

_________________
Zero Surprise!!...


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 7:50 pm 
Offline
2000+ Post Club
2000+ Post Club
User avatar

Joined: Sat Jan 14, 2006 7:18 pm
Posts: 2050
Location: Meriden,Ct.
Mark Allen M wrote:
It's the perfect Mustang to own to take people up for a ride that may have bad breathe, B.O., rotten bowels or a weak stomach. Other than that it's quite useless.


The perfect aircraft for 2020.... :lol:

Phil

_________________
A man's got to know his limitations.


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 9:17 pm 
Offline

Joined: Wed Apr 02, 2014 9:33 pm
Posts: 434
Mark Allen M wrote:
It's the perfect Mustang to own to take people up for a ride that may have bad breathe, B.O., rotten bowels or a weak stomach. Other than that it's quite useless.


Unless you are the one tasked with cleaning it afterwards...


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Tue Sep 08, 2020 10:20 pm 
Offline
3000+ Post Club
3000+ Post Club
User avatar

Joined: Fri Apr 30, 2004 11:44 am
Posts: 3293
Location: Las Vegas, NV
hurricane_yank wrote:
Mark Allen M wrote:
It's the perfect Mustang to own to take people up for a ride that may have bad breathe, B.O., rotten bowels or a weak stomach. Other than that it's quite useless.


Unless you are the one tasked with cleaning it afterwards...

I have given quite a lot of rides in USAF fighters and trainers.

Those who got sick during the flight and weren't able to contain their bodily fluids were sometimes given a bucket and a rag to clean themselves up afterward.

_________________
ellice_island_kid wrote:
I am only in my 20s but someday I will fly it at airshows. I am getting rich really fast writing software and so I can afford to do really stupid things like put all my money into warbirds.


Top
 Profile  
 
 Post subject: Re: XP-82 for ssle
PostPosted: Wed Sep 09, 2020 10:31 am 
Offline
Been here a long time
Been here a long time

Joined: Sun May 02, 2004 1:16 am
Posts: 11324
JimH wrote:
The current trend in ownership is toward "provenance" and historic value. Let's face it, this P-82 is a cool airplane but it has no history.


I thought this was the XP-82? So the XP-55 and XP-56 have no historical value either? Besides that there is a good story to tell on how the aircraft got saved to include the Soplata connection. It sure attracted a lot of attention at Oshkosh.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 54 posts ]  Go to page Previous  1, 2, 3, 4

All times are UTC - 5 hours


Who is online

Users browsing this forum: Google Adsense [Bot] and 125 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group