Entries in Cessna (11)
Vol. 25, No. 4 | December 7, 2012 | Go to Charts
IN THIS ISSUE
Bluebook Perspectives: Facing the Nation
Into the Blue: Aircraft Bluebook At-a-Glance, Cessna 152 Series
Ask Aircraft Bluebook: In the aircraft base average lines in the Bluebook we always see the “No Damage History” as a standard requirement, but if there is damage how does the Bluebook reflect this in terms of value?
INTO THE BLUE:
Aircraft Bluebook At-a-Glance - Cessna 152 Series
by Chris Reynolds, ASA | Aircraft Bluebook — Price Digest®
Aircraft Bluebook-Price Digest At-a-Glance has reviewed the current market status of the Cessna 152 series aircraft. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry web site and various trade publications.
According to FAA records, around 3,098 Cessna 152s are registered in the United States with 3,018 being 152s and 80 as A-152s. At the time of the writing of this article, over 50 various year models of the 152 series were for sale in the major aircraft trade publications, representing approximately 1.5% percent of the total registered fleet. While the Cessna 152 is a light two seat aircraft, it is not classified as a LSA (due to it exceeding the 1,320 pound Maximum Take Off Weight limit for LSAs).
Current offerings for Cessna 152s range in asking prices from $16,000 to $87,000 with the majority of pricing between $20,000 to $40,000. As expected, time, equipment and condition not only will impact the asking price, but selling price as well. The 152 has primarily been used as a training aircraft and thus most aircraft for sale are going to be high-time airframes. The average airframe time for an early 1970s - 1986 model is approximately 7,000 – 12,000 hours. Most will not be equipped with next generation avionics, but with the availability of inexpensive components modern upgrades can easily be accommodated, without significant modifications. The winter 2012 Aircraft Bluebook lists a 1985 Cessna 152B with a reported Average Retail price of $26,000.
A 1985 Cessna 152B, whose market values have been tracked since the first quarter of 1985 was reported new with a standard list price of $30,900 and an average equipped price of $45,345. Aircraft Bluebook-Price Digest’s Historical Value Reference has demonstrated the Cessna 152’s market value performance by quarter in the graph for this 1985 model.
Other historical values can be obtained at Aircraft Bluebook’s website, www.aircraftbluebook.com.
Aircraft Bluebook – Price Digest here for you
Please contact Aircraft Bluebook if you have any specific concern in a particular aircraft market. We will be happy to share with you the most up-to-date information available for your market segment. Call us toll-free at 877-531-1450 or direct at 913-967-1956.
Used Aircraft Market: This chart displays each model's quarterly value in relationship to its average equipped price at the inception of the aircraft. The study begins in the spring quarter of 1994 and includes the Jet, Turboprop, Multi, Piston and Helicopter. For all charts, the red number indicates the first reporting date after 9-11.
Jet: The jet chart depicts the average price (in thousands) of the six 1990s jets listed in the box.
Turboprop: The turboprop chart depicts the average price (in thousands) of a 1985, 1986 and four 1990 turboprops listed in the box.
Multi: The multi chart depicts the average price (in thousands) of the six multi models listed in the box. Each model’s year will precede the name of the aircraft.
Piston: The piston chart depicts the average price (in thousands) of the 10 pistons listed in the box. Each model’s year will precede the name of the aircraft.
Helicopter: The helicopter chart depicts the average price (in thousands) of the six helicopters listed in the box. Each model’s year will precede the name of the aircraft.
NASDAQ: This ratio scale chart depicts the change for the NASDAQ daily average from quarter to quarter beginning at the end of the first quarter of 1992. Each data point represents the closing daily average on the last trading day of each quarter. This study originates in the first quarter of 1971.
Aircraft on Registry: The Aircraft on Registry chart depicts the number of aircraft reported in Aircraft Bluebook that are listed on FAA records and considered to be in the U.S. inventory.
U.S. Real Gross Domestic Product (criteria updated Aug. 27, 2010): This graph represents real gross domestic product measured by the U.S. Bureau of Economic Analysis. Each data point represents the BEA's final figure or latest estimate of the quarter-to-quarter seasonally adjusted annual rates of change in real GDP "based on chained 2005 dollars." The study begins with the second quarter in 2005.
Single/Multi: The blue line in the Single/Multi chart depicts change-of-ownership data for singles. The black line represents multis.
Jet/Turboprop/Heli: The black line in the Jet/Turboprop/Heli chart represents change-of-ownership information for jets. The blue line depicts turboprops, and the gray line represents helicopters.
Total Market: Depicts change-of-ownership data for all aircraft included in the Aircraft Bluebook. The numbers are from the FAA Registry. Gliders, homebuilts, airliners and other aircraft not found in the Bluebook are not included in this study.