Larson Aircraft Sales
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SOLD - 1972 Piper
Comanche 260C (PA24-260C) - SOLD
 1972 Piper Comanche 260C (PA24-260C)
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SOLD - 1972 Piper
Comanche 260C (PA24-260C) - SOLD
1972 Piper Comanche 260C (PA24-260C)
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Optional Equipment: 
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Engines & Propellers
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Priced at $96,900
In
the current market, many of the conservative banks are
using Vref for their standard for making aircraft loans, as they are
seeing lower appraisal values based on Vref. We are using Vref
base
values for establishing the price on this aircraft. Most of these
base values have gone down at least 35% (on piston singles) from the
highs in the late 1990's and early 2000's. How
we arrived at our price
When appraising an aircraft, the base value is the starting point and applies to an "average" plane as specified by the appraisal tool. From there, the appraisal must be corrected up or down for engine time, total time, damage history, paint and interior condition, significant modifications, and avionics package installed. Modifications and avionics that are in high demand can bring up to 85% of the current installation cost (for example a near new Garmin GNS-530 with WAAS), while more readily available and desirable modifications and avionics usually bring 35% - 50% of the new installed cost (a STOL kit or tip-tank kit). We started with the Vref base price corrected per Vref for total time and engine time. We then added and subtracted as appropriate for all the non-standard equipment. This aircraft will present no problems for a standard 80% loan for a qualified buyer. Often we can package avionics and other upgrades into the loan amount. Priced at $96,900
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