Crazy Pricing?
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- smoss
- 5 Diamonds Member
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- First Name: Steve
- Aircraft Type: DA40
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Crazy Pricing?
There is a 2010 DA40 with 2,175 hours on original engine for sale with a price of $335,000! Is this the realistic range for the value of a used DA40 now? Talk about inflation. Should we all be dramatically increasing our hull values for our insurance?
Steve
DA40 XL
DA40 XL
- CFIDave
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Re: Crazy Pricing?
That price for a 2010 DA40 XLS with 2175 hours and non-overhauled engine in this tight market might be considered appropriate.
FYI, I'm aware of a 2007 DA40 XL (like yours) without WAAS that recently sold for nearly $300K. So yes, I would suggest increasing your hull value appropriately.
FYI, I'm aware of a 2007 DA40 XL (like yours) without WAAS that recently sold for nearly $300K. So yes, I would suggest increasing your hull value appropriately.
Epic Aircraft E1000 GX
Former DA40XLS, DA42-VI, and DA62 owner
ATP, CFI, CFI-I, MEI
Former DA40XLS, DA42-VI, and DA62 owner
ATP, CFI, CFI-I, MEI
- mhoran
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Re: Crazy Pricing?
Wow. I bumped up to 260k on our 2007 after having WAAS installed. I guess I need to bump again.
- astaib
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Re: Crazy Pricing?
Interesting topic!
How can I evaluate mine that is far from yours in terms of equipement !
2001 DA40- Star
GNS430 non waas
Steam gauge instrument
Engine 500h SMOH
Prop and gov 300h SMOH
Total hours 2860hrs
Exterior and interior in very good condition.
Thanks
How can I evaluate mine that is far from yours in terms of equipement !
2001 DA40- Star
GNS430 non waas
Steam gauge instrument
Engine 500h SMOH
Prop and gov 300h SMOH
Total hours 2860hrs
Exterior and interior in very good condition.
Thanks
Arnaud
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
- CFIDave
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Re: Crazy Pricing?
Short of working with a knowledgeable broker when you're ready to sell, if you belong to AOPA you can access VREF online for free to determine your plane's approximate value.
VREF may be low however, since it's still "playing catch-up" to increasing prices of DA40s.
VREF may be low however, since it's still "playing catch-up" to increasing prices of DA40s.
Epic Aircraft E1000 GX
Former DA40XLS, DA42-VI, and DA62 owner
ATP, CFI, CFI-I, MEI
Former DA40XLS, DA42-VI, and DA62 owner
ATP, CFI, CFI-I, MEI
- Boatguy
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Re: Crazy Pricing?
Thanks for the tip as I did not know about that AOPA benefit. But when I tried it, they did not list the DA40NG.CFIDave wrote: ↑Wed Dec 29, 2021 5:10 pm Short of working with a knowledgeable broker when you're ready to sell, if you belong to AOPA you can access VREF online for free to determine your plane's approximate value.
VREF may be low however, since it's still "playing catch-up" to increasing prices of DA40s.
- astaib
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Re: Crazy Pricing?
Do they show the DA40 STAR?Boatguy wrote: ↑Wed Dec 29, 2021 7:29 pmThanks for the tip as I did not know about that AOPA benefit. But when I tried it, they did not list the DA40NG.CFIDave wrote: ↑Wed Dec 29, 2021 5:10 pm Short of working with a knowledgeable broker when you're ready to sell, if you belong to AOPA you can access VREF online for free to determine your plane's approximate value.
VREF may be low however, since it's still "playing catch-up" to increasing prices of DA40s.
Arnaud
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
- Boatguy
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Re: Crazy Pricing?
Attached is the full list which also shows NGs.astaib wrote: ↑Wed Dec 29, 2021 7:30 pmDo they show the DA40 STAR?Boatguy wrote: ↑Wed Dec 29, 2021 7:29 pmThanks for the tip as I did not know about that AOPA benefit. But when I tried it, they did not list the DA40NG.CFIDave wrote: ↑Wed Dec 29, 2021 5:10 pm Short of working with a knowledgeable broker when you're ready to sell, if you belong to AOPA you can access VREF online for free to determine your plane's approximate value.
VREF may be low however, since it's still "playing catch-up" to increasing prices of DA40s.
- Attachments
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- DIAMONDSTARDA40 180.pdf
- (133.4 KiB) Downloaded 288 times
- astaib
- 5 Diamonds Member
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Re: Crazy Pricing?
Thank you, can you tell me how to interpret each column?
I’m not sure to understand correctly
Arnaud
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
DA40 Star 180 / 40.026 / 2001
Wingtip, landing and taxing LED (Whelen)
Skitube
GNS430 NON-WAAS
Steam gauges
Non certified ADS-b
- Steve
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Re: Crazy Pricing?
As another data point, I had vRef do a recent appraisal of my 2001 DA40, with approximately 800 TTAF. It came back at $225K.