June 30, 2006 at 12:37 pm
this is a question i have often asked myself….
around the Country there are some fantastic and rare aircraft types in various states of preservation. how much are they worth ??????.
obviously it all depends on what aircraft it is.. i would think the BBMFs Lancaster would be priceless, a good airworthy Spitfire or Hurricane would be worth millions, whilst a little Tiger Moth a couple of hunderd grand ?????. what about the static types in museums. the Halifax and Beaufighter should be priceless as they are very rare in complete form.. do more modern types such as Vulcans, Lightnings tend to be worth less then WW2 types, what is the most valuble “in terms of money” aircraft in Britains preservation scene today… 🙂
By: Trolly Aux - 2nd July 2006 at 08:42
Huh, if I spent 5p on aviation my other half would have a purple fit. I’m only allowed aviation when it suits her.
Then it is time to give her the Spanish Archer
By: ZRX61 - 2nd July 2006 at 06:57
There is a danger in knowing the price of everything and the value of nothing.
That perfectly describes a couple of US based warbird owners I know…..
By: JDK - 2nd July 2006 at 05:22
Oh dear.
…money can get you enything these days. so everything has to have a price…..
Want to bet? 😉 (Think about it.)
Simply not true.
Incidentally the ‘value’ of museum aircraft is often not measurable in financial terms – that’s what ‘priceless’ should mean – any figure is irrelevant and not as many take it to mean: ‘above the biggest number I can think of’. Try to buy PA474 ‘The Bomber’ and you can’t. You can’t ‘buy’ the aircraft’s role or job either, so put the calculator away, and appreciate what you can enjoy for free.
Much better to hire them anyway, I’m told. Or bequest them to a ‘museum’ so’s it’s a good tax break, and you can play when you want without ‘owning’ them.
By: Yak 11 Fan - 1st July 2006 at 22:57
repair of hangar rash.
😮 😮 😮 😮
By: Hairyplane - 1st July 2006 at 18:45
Trolley Aux
Are you winding us up? £5m to spend on old planes? For what purpose? Your own collection or are you buying for somebody else? What are you looking for?
I reckon its a wind up.
Hairy
By: David Burke - 1st July 2006 at 18:20
And the VC-10 which comprises the RAF transport fleet historic element!
By: Chipmunk Carol - 1st July 2006 at 18:17
The really good news is that, if you are a tax payer, you already own a Lancaster and several Spitfires, Hurricanes etc. 🙂
By: Chipmunk Carol - 1st July 2006 at 18:15
If you want some ball park figures, have a look at this:
http://www.courtesyaircraft.com/ and select in the left-hand margin.
Don’t forget to add on the cost of transport, insurance, hangarage, servicing, spare engine, spare propellers, other spares, maintenance, cleaning, pampering the ground crew and repair of hangar rash.
Anyone want to add to this list?
By: Chipmunk Carol - 1st July 2006 at 18:08
…lets say i am stinking rich and i want to buy a 100% complete Avro Vulcan, not airworthy but in exellent condition. how much would i expect to pay. would about 250.000 quid be enough…. 🙂
Whatever price you have to pay for it, you will probably find that the cost of transporting it to your land doubles the amount spent, then the cost of the land on which to store it could cost the same amount again.
Have a look at:
http://forum.keypublishing.co.uk/showthread.php?t=33974
http://forum.keypublishing.co.uk/showthread.php?t=47211
http://forum.keypublishing.co.uk/showthread.php?t=52519
By: mike currill - 1st July 2006 at 15:39
Huh, if I spent 5p on aviation my other half would have a purple fit. I’m only allowed aviation when it suits her.
By: Trolly Aux - 1st July 2006 at 14:56
I have about 5mil to spend on old aeroplanes at the moment, its just deciding which ones to buy that is the problem.
By: mike currill - 1st July 2006 at 14:42
As with everything else they are ‘only’ worth what a buyer is willing to pay
By: sea vixen - 1st July 2006 at 11:55
is that all….. i think i will have a whole sqn…. 😀 😀 .
By: David Burke - 1st July 2006 at 11:47
They were £5K delivered in 1982. I should imagine a complete Vulcan is at £10-15K depending on how many tonnes of aluminium is in it!
By: sea vixen - 1st July 2006 at 11:31
i agree but money is more important today then it has been in the past.
enyway.. lets say i am stinking rich and i want to buy a 100% complete Avro Vulcan, not airworthy but in exellent condition. how much would i expect to pay. would about 250.000 quid be enough…. 🙂
By: David Burke - 1st July 2006 at 11:20
Sea Vixen – has it ever been anything different ? – whether it was bartering wool or any other type of material society has always existed on things having a value.
By: sea vixen - 1st July 2006 at 11:12
Depends what you mean by ‘worth’.
I don’t know where to begin. Does everything have to have a monetary value? Has our sad society advanced so far into the capitalist mire that we can only understand the worth of something when it has a £ in front of it?
There is a danger in knowing the price of everything and the value of nothing.
yes i think our society has got to this. money is the most important part of our lives these days. money rules our lives from people trying to get a Vulcan in the air again to the fate of the Tigers and Rhinos. money made humanity the way it is and it will probably destroy it as well.
who would have thought 20 years ago that you can go to Russia and have a flight in a Mig-25. but pay the money and next thing you are strapped into a Foxbats cockpit. it is a sad thing to say but money can get you enything these days. so everything has to have a price…..
By: TobyV - 1st July 2006 at 10:54
I thought that was the old horseracing maxim (“Start with a large fortune, and buy a horse”) but I’m sure it applies equally 😀
By: wv838 - 1st July 2006 at 00:20
Aviation is a big bottomless pit that we are constantly throwing money into!
Hence the old aviation axim:
“The only way to make a small fortune in aviation, is to start with a big one”.
Roy.
By: David Burke - 30th June 2006 at 19:18
GASML – I think ‘disaster zones’ is not quite the right term for Chipmunks sub 30K. I have seen some at 40K which have fitted that bill! It’s very much a case of careful inspection and how good the engine maintainance has been. Most recent former RAF Chipmunks are very high mod state and well known commodities.