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l : l29-list@matronics.com 8 February 2006 • 12:48AM -0500

L29-List: L-29 GLUT
by steve roberts

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--> L29-List message posted by: "steve roberts" <eastcoastflyer29@hotm...>

Anyone notice the L-29 market is very weak and going LOWER with the high
price of fuel and more cheap imports coming into the country. There are
flying/certified L-29's with good paint and radios  in the US and they are
on the market and NOT selling at these prices which tells you that the price
is still too high!  Read it and weep......  Two of them on Trade-a-plane
ASKING $44,900 and not selling.  Imagine how many L-29 owners want to sell,
but have not listed their planes.....?
I can see the market easily going down to $30K for a nice L-29 with good
paint, radios, ground equipment, certified/flying in the US.   These planes
are underpowered pigs and have poor range and basically have no practical
use.   Fuel burn at 160 gallons/hour at an average of $3.50 for jet A equals
fuel cost of approx $560 an hour just for fuel....  Not too many folks can
afford to throw away that type of money just to go jerk around for an hour.
Good luck selling these pigs!



Not sure what this guy is thinking.... $60K for a basic stock airplane....  
In his dreams....
Guess he has no clue as to the market....

1969     L29      Ocala  FL   $60,000
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   1969 L-29 $60K. http://www.gscinc.com http://tappix.com/740112
Last Modified: 01/26/2006



1969     L29  3230  347  Chico  CA   $44,900
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   1969 L-29, 3230-TT, 347-SMOH, all original books, King radio &
transponder, good exterior paint, military markings. $44,900. CA/(530)
892-8073. (530) 892-8073
Last Modified: 01/23/2006

1971     L29      Grand Junction  CO   $44,900
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   1971 L-29, SELL OR TRADE for x/c SE recip. 3600/ 500/ 250. Will annual





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