Perspective on Cessna 172 Pricing
A few years ago at a Cessna press conference, someone complained about the high price of the new 172s. A Cessna executive pointed out that the new price was comparable to what they were charging for a 172 when production stopped in ‘85, adjusted for inflation.
I was surprised that no one reminded the executive that production stopped because no one would buy a 172 at the ‘85 price. Cessna is keeping themselves busy with 10 yrs. of pent up demand. When the flight schools have finished replenishing their fleets, they will either lower the price of a 172, or stop making them.
There are not too many individuals buying these planes. Maybe 6-7 yrs. ago you could get a runout ‘59 with an airframe that didn’t need too much work for $9K. Today, $9K will buy you a runout ‘59 with no interior, bad paint, and corrosion (i.e. a plane that’s worth more to the salvage yard than it is to a pilot).
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