Tips on Selling or Buying Aircraft in Today's Economy

A friend of mine sent this to us the other day and it makes absolute sense out of the current economic conditions and thought we would pass it along. If it helps I will take all the credit but if not I don't know how it got sent out! IF YOU ARE SELLING: We are often finding now that the first offer that we receive, is the best offer that will be seen for the subject aircraft, regardless of how much lipstick is smeared on. IF YOU ARE SELLING OR BUYING: There is no such thing as a Wholesale figure. This should be eliminated from everyone's vocabulary, as it is an invalid concept, now. IF YOU ARE BUYING OR SELLING: Asking prices are irrelevant. Any prices listed at Globalair.com and other sites, that are noticeably higher than similar aircraft that appear to be realistically price, I can promise you that the higher priced aircraft cannot be bought and are not actually available for purchase. The people that are spending the money to continue advertising them at such ridiculous prices, are either doing it for egotistical reasons or they are appeasing a spouse/CFO/shareholders, or whatever.. IF YOU ARE WANTING TO SELL: Don't. You will probably have to sell at a price that is below the figure range that is burned into your comprehension. IF YOU ARE WANTING TO BUY: What are you waiting for? The water is lovely, and there are pretty of nice things to see down here, so get your kit off and dive in!