Damage history impact on value

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instructor911
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Damage history impact on value

Post by instructor911 »

There is a DA40 on controller that has extensive damage history. Repairs were 16 years ago so I am not concerned about airworthiness and I plan to use it for flight training. Thoughts on impact on the value? I know the market is crazy high right now. Asking is at VREF without consideration for the DH. I plan to buy a DA40 and be active in the forums. Thanks in advance. https://www.controller.com/listing/for- ... e-aircraft
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Re: Damage history impact on value

Post by CFIDave »

At this point the market is so tight (i.e., demand far exceeding supply for new and used Diamonds), that prices of used aircraft have all escalated -- VREF values are barely keeping up. If you can find a DA40 in good condition at an acceptable price, then consider buying it.

Damage history 16 years ago doesn't matter very much, especially if you plan on putting the plane in a flight school where it's likely going to suffer from abuse.
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Former DA40XLS, DA42-VI, and DA62 owner
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