Odd A/C value

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alasizon
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Odd A/C value

Post by alasizon » Thu Oct 09, 2008 7:54 pm

I just had an A/C return from a lease with an odd value.

B734/N1018ZG 11.500.000 v$
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Re: Odd A/C value

Post by danmand » Thu Oct 09, 2008 10:54 pm

I'm currently leasing a 734 and it shows a value of $11.486.971

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joefremont
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Re: Odd A/C value

Post by joefremont » Thu Oct 09, 2008 11:08 pm

Why does that seam odd? Thats the current market value in our database for the 737-400.
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alasizon
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Re: Odd A/C value

Post by alasizon » Fri Oct 10, 2008 3:58 am

11.5 million for a B734? The rest of mine of that variation are 44 million.
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Re: Odd A/C value

Post by CAPFlyer » Fri Oct 10, 2008 4:58 am

They won't be when you fly or maintain them.

They were grossly overvalued and it was adjusted last week to reflect the real world value of the aircraft.
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Re: Odd A/C value

Post by joefremont » Fri Oct 10, 2008 5:33 am

Actually they should all be re-adjusted as I did a global recalculation to correct the other problems that have occured, so they should all reflect the new values right now.
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alasizon
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Re: Odd A/C value

Post by alasizon » Sat Oct 11, 2008 10:58 pm

So a B734 is worth less than an ATR 72? Not really right seeing as how the B734 is much larger and scrap parts are worth much more.
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Re: Odd A/C value

Post by CAPFlyer » Sat Oct 11, 2008 11:37 pm

Totally right. Remember, the 737-400 is no longer in production. The ATR is. So you're paying for a NEW ATR versus a USED 737-400.
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Re: Odd A/C value

Post by flightsimer » Sun Oct 12, 2008 4:31 pm

question...

does the value reflect the youngest 734 or the oldest? there are 734's out there that are only 8 years old while the oldest is 20... but since we get "new" old planes shouldnt the value reflect the youngest? jut curious how it was set up...
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Re: Odd A/C value

Post by CAPFlyer » Mon Oct 13, 2008 3:27 am

I took a cross-section of those available on the market and put it at that level. I also looked for those fitted with airline interiors or cargo interiors where applicable and not those with Executive interiors.
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