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Old 06-10-2016 | 03:57 AM
  #91  
Hinckley Bill
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From: Illinos
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Originally Posted by FalconWings
Wouldn't it be awesome if they start mass producing Bandits in China for $700!
I mean, I'm sure that when Bob was there folks didn't mind paying a premium to be part of the "BVM Type-rating", but now that they are chinese (not that there's anything wrong with that)....will the trend remain?
BVM charged what he believed were 'market-driven' prices based on what he was offering, which were top notch aircraft and accessories that were 'thought out/developed' by folks who actually flew them and knew what was required to produce a safe, reliable aircraft. The fact that he was in business for so long proved his pricing model to be valid.

Whether or not the market will accept the same type of pricing once JL takes over is yet to be determined..........worst case, they go 'cheap' and have a FE situation on their hands. Best case, they are able to produce the same product at a lower cost which they pass on (all or part) to the consumer.