ORIGINAL: reincarnate
Ever since Kaz's Taurus sold for a bazillion dollars, the market has gone through the roof...
I watched a NIB Taurus kit sell for $600+ soon after that too. Just shook my head in amazement. Makes you wonder who is really buying these kits. My theory is mostly resellers and not builders. Most builders know what the value is, and unless it's got sentimental ties, just won't go that high.
I missed out on a sale yesterday on a fantastic NIB Royal (just Royal, not R/M) P-26 Peashooter. I had my limit set at $350, which was looking good at $265 with 5 minutes left. I wasn't going higher, and walked away. When I checked back after the auction ended, it had bid 9 additional times and sold at $405.
Man, I wanted to build that one. Just not enough to spend that much on it though.
Hooray for the builders who do.
Anyone have a P-26 for sale?
I'm not sure....I think they're builders.
I saw a Sterling Skylark (famous CL stunter) go for close to $300. That's a long out-of-production kit that is sought after. I think there is some sentimental ties with some of these kits. Like the Skylark....maybe some guy had one as a kid, saw it, and didn't care what he had to spend to get it.
Now on the other hand I've seen people try and sell Carl Goldberg Piper Cubs on Ebay for starting at $100, or an Electra starting at $150. Now you'd have to be a sucker to buy that....
Same goes for the guys paying more than $100 for Great Planes Ultrasports. While it's a great airplane, it's selling for $100 even in some of the the "buy it now" gigs from hobby shops.
I love looking on Ebay for old kits and hobby stuff in general.