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Got $300K Laying Around?  
User currently offlineOPNLguy From , joined Dec 1969, posts, RR:
Posted (9 years 7 months 4 weeks 1 day 7 hours ago) and read 4693 times:

Never can find the checkbook when I need it...  Big grin

http://cgi.ebay.com/ebaymotors/ws/eB...ategory=63678&item=4530192011&rd=1

31 replies: All unread, showing first 25:
 
User currently offlineAerobalance From United States of America, joined Sep 2000, 4683 posts, RR: 47
Reply 1, posted (9 years 7 months 4 weeks 1 day 7 hours ago) and read 4664 times:

Sheit, better get my ATP...


"Sing a song, play guitar, make it snappy..."
User currently offlineMoMan From United States of America, joined Aug 2004, 1054 posts, RR: 4
Reply 2, posted (9 years 7 months 4 weeks 1 day 7 hours ago) and read 4658 times:

Yip, $300,000 for the plane is probably the cheapest $300K you'll ever spend. I'll bet the thing burns $10,000 of gas in no time.

Moman



AA Platinum Member - American Airlines Forever
User currently offlinePilotpip From United States of America, joined Sep 2003, 3150 posts, RR: 11
Reply 3, posted (9 years 7 months 4 weeks 1 day 7 hours ago) and read 4627 times:

Not to mention the fact that it will probably need about $500k in service to get it airworthy, that is, if the maintenance was done according to FAA standards while it was in Africa. Then, you'll need two type rated pilots and a flight engineer. Their salaries should run upwards of about $150k per year on the low end. You'll need to find a place to store it. My FBO will rent the ramp space for about $3000 a month. If you like, you can put it in the hangar for about $20000 per month.

$300,000 for a plane that the seller can't give specific answers about. What a deal!! Sign me up!!  Big thumbs up



DMI
User currently offlineNIKV69 From , joined Dec 1969, posts, RR:
Reply 4, posted (9 years 7 months 4 weeks 1 day 7 hours ago) and read 4602 times:

I'm buying it!

Starting non-stop service FRG-ACY! Borgata here we come!  Big thumbs up


Why is it in ebaymotors?


User currently offlineCentrair From Japan, joined Jan 2005, 3598 posts, RR: 20
Reply 5, posted (9 years 7 months 4 weeks 1 day 6 hours ago) and read 4552 times:

John Travolta? Are you interested?


Yes...I am not a KIX fan. Let's Japanese Aviation!
User currently offlineBjg231 From United States of America, joined May 2004, 163 posts, RR: 0
Reply 6, posted (9 years 7 months 4 weeks 1 day 5 hours ago) and read 4490 times:

Well since the seller's last few auctions consisted of blue jeans, a sweater, and an ipod accessory, I'm a bit skeptical.


If at first you don't succeed, then skydiving is not for you.
User currently offline1MillionFlyer From , joined Dec 1969, posts, RR:
Reply 7, posted (9 years 7 months 4 weeks 1 day 4 hours ago) and read 4437 times:

Thia looks seriously like a scam, I wonder if this is the same guy that is responsible for those Nigerian oil company letters and emails over the past 10 years asking people to help them smuggle money out of the country, that was another gem.

User currently offlineFlybeq400 From United Kingdom, joined Jan 2005, 222 posts, RR: 0
Reply 8, posted (9 years 7 months 4 weeks 1 day 3 hours ago) and read 4389 times:


View Large View Medium
Click here for bigger photo!

Photo © Ola Carlsson
View Large View Medium
Click here for bigger photo!

Photo © Eduard Marmet




View Large View Medium
Click here for bigger photo!

Photo © Toni Marimon



This plane certainly has an interesting history!


User currently offlineN707PA From United States of America, joined Apr 2000, 279 posts, RR: 0
Reply 9, posted (9 years 7 months 4 weeks 1 day 1 hour ago) and read 4289 times:

Quoting 1MillionFlyer (reply 7):
This looks seriously like a scam


Notice that the plane in the first photo has -219's and Winglets...........


User currently offlineLrgt From United States of America, joined Jul 2004, 710 posts, RR: 0
Reply 10, posted (9 years 7 months 4 weeks 20 hours ago) and read 4032 times:

This is not a scam but a rip off.

...If you paid $300,000, you would get the plane, but it is NOT WORTH $300,000!!!


I will say it is new for a 727 and has low hours and cycles, but -9A power engines that need overhaul? NO WAY $300,000. That is why no one is buying. You people don't understand how airplanes really depreciate.



Don't bring up the NW DC9's unless you have to!
User currently offlineSunking737 From United States of America, joined Feb 2005, 2054 posts, RR: 8
Reply 11, posted (9 years 7 months 4 weeks 19 hours ago) and read 4012 times:

Well, Lrgt many of us on this site work for the airlines, and have connections to Pilots, F/A's and most important Maintenance, among others. So I think we have an idea on whats is going on, and since you are just a kid. Go to your corner and take a time out.  Smile. Remember you have a profile so, we know about you!


Just an MSPAVGEEK
User currently offlineClickhappy From United States of America, joined Sep 2001, 9644 posts, RR: 68
Reply 12, posted (9 years 7 months 4 weeks 19 hours ago) and read 3992 times:
AIRLINERS.NET CREW
PHOTO SCREENER

Interesting, that is the San Jose Sabrecats 727 landing @ BFI, wonder who's shot that is

User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7688 posts, RR: 3
Reply 13, posted (9 years 7 months 4 weeks 18 hours ago) and read 3938 times:

MSN 22165

1980 1984 I-DIRP Alitalia
1984 1987 N583PE People Express
1987 1991 N583PE Continental
1990 1995 N17413 Continental
1995 1996 N17413 ST LAS
1996 1996 5V-SBB Transtel
1996 1996 5V-TPA Air Dabia
1996 1996 5V-TPA Bemoair Praha
1996 1999 5V-TPA Air Dabia
1999 1999 5V-TPA Transtel
1999 1999 5Y-AXD African Airlines International

Dec 1999 siezed by the High Court of the Gambia

2000 2000 5Y-AXD The O Corporation
2000 N570C The O Corporation

Source the Jet Airliner Production List.

I am not a nervous individual, but the following would concern me.

1. Who are Transtel?.

2. Who are Bremoair Praha.

3. I am sure that I have heard of Air Dabia, which is worrying in itself.

4. Why was it siezed, and who are African Airlines International.

5. Any Gambian link, given the EU safety list.

6. Ebay says that it has been stored for several years, my guess is that it last flew in 1999. Gambia is not a normal storage site.

7. According to Ebay it has 40,268 Hrs on the clock, does anyone has a figure for when it was retired by Continental.

8. Incidentally, who is the O Corporation.

Personally, I would not touch it.


User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7688 posts, RR: 3
Reply 14, posted (9 years 7 months 4 weeks 18 hours ago) and read 3882 times:

Still no takers.

On the subject of Air Dabia. I am trying to find the current status of B747-122 C5-FBS MSN 19875 which seems to have been parked at Plattsburgh since 1999.

It seems that Air Dabia either folded or simply abandoned it.


User currently offlineLrgt From United States of America, joined Jul 2004, 710 posts, RR: 0
Reply 15, posted (9 years 7 months 4 weeks 17 hours ago) and read 3818 times:

Quoting Sunking737 (reply 11):
Lrgt many of us on this site work for the airlines, and have connections to Pilots, F/A's and most important Maintenance, among others. So I think we have an idea on whats is going on, and since you are just a kid. Go to your corner and take a time out. Smile


I love the way everyone in this industry thinks they no everything about complex areas of the industry the no nothing about. You SHOULD see that this Ebay seller may as well be asking: Does anyone want to buy a bridge???

Ok, i'm 23...your a little older...but I suspect your experience in unrelated areas of aviation has gone to your head.

NOW...how many 727's have you bought and sold? My guess is 0. I've sold 2 727-100C's and bought 1 727-200 pax (**OPERATABLE** with valuable -15 power), all profitable deals and I know what the market is for 727's, 737's, 767's, L1011's, and A310's. If someone pays $300,000, that is too much for this one. This is not even an ADV (as described) since it has -9A power, unless for some reason power was downgraded, which I suspect may be the case. However, it will never be upgraded back to -15 or -17 so calling it an ADV is quite useless.

The thing with the 727's pax is that they have 0 buyers and any chance of that changing has gone down the drain with newer aicraft types in surplus. And even if 1 buyer comes along, there are hundreds of them sitting. Even with 727C's and F's are nearly at 0 buyers now. This means that the value of an airframe can easily be negative. In this case even that low number of cycles will not save it from that. Now the engines are where the value (if any) will come from. -9A power is good and worth much more than -7A power even though it is only slightly superior. But the ad says they "need work"; that what dictates the value. Currently, there have been so many of the JT8D's on the market from retired aircraft that it is LESS EXPENSIVE to buy a new powerplant than overhaul the old one! So if these engines that are described as needing "work" need an overhaul, the plane and engines are worthless! I've seen 727's sell for $1 and I would NOT WANT to be the buyer since you are essentially paying for a liability. The market could come back around since supplies of these overhauled JT8D's are drying up and soon it will be again cheaper to overhaul. But if you were buying it only on hopes of the powerplants eventually becoming valuable, you could also buy worthless JT8D's in need of overhaul and hold them. You don't need the airplane; that will never be worth anything again. While there are no buyers of these airplanes, there will still be some existing operators still in need of spare engines after the surplus dries up.

I will give this seller a LOT of credit. If you have something that is worthless, BUT to 99.999999% of people it would appear to be a good deal at $300,000, what better place to sell it than Ebay??



Don't bring up the NW DC9's unless you have to!
User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7688 posts, RR: 3
Reply 16, posted (9 years 7 months 4 weeks 14 hours ago) and read 3158 times:

People might give you more credit if your background was reflected in your profile.

That said, I am not surprised that this plane is not attracting a rush of buyers, particularly for $300K.


User currently offline1MillionFlyer From , joined Dec 1969, posts, RR:
Reply 17, posted (9 years 7 months 4 weeks 13 hours ago) and read 3089 times:

In business you get what you pay for. I can go buy a piece of crap in the US for 300K also and don't have to worry about gov't corruption in Gambia.

This is still schetchy, and before you go off again, I was involoved in acquiring 2 727-200s in Australia and that fell apart because they were "where is as is"...I was 23 at that time too, I just remember asking that company over and over...where are the files?


User currently offlinePilotaydin From Turkey, joined Sep 2004, 2539 posts, RR: 51
Reply 18, posted (9 years 7 months 4 weeks 13 hours ago) and read 2968 times:

ill pay 300,000 turkish lira for it  Smile

anyone remember the howard stern with the strippers and how he fooled them about being a millionaire? no? RATS!!



The only time there is too much fuel onboard, is when you're on fire!
User currently offlineFlybeq400 From United Kingdom, joined Jan 2005, 222 posts, RR: 0
Reply 19, posted (9 years 7 months 4 weeks 12 hours ago) and read 2729 times:

Lrgt,

You've seen B727's sell for a buck? Surely there's some scrap value in them - or does the costs of dismantling > value of scrap? Seems unlikely.


User currently offlineOPNLguy From , joined Dec 1969, posts, RR:
Reply 20, posted (9 years 7 months 4 weeks 12 hours ago) and read 2541 times:

>>>Currently, there have been so many of the JT8D's on the market from retired aircraft that it is LESS EXPENSIVE to buy a new powerplant than overhaul the old one!

Pratt and Whitney is still manufacturing -new- JT8Ds?


User currently offlineContinentalFan From United States of America, joined Oct 2000, 357 posts, RR: 0
Reply 21, posted (9 years 7 months 4 weeks 12 hours ago) and read 2509 times:

Quoting OPNLguy (reply 20):
Pratt and Whitney is still manufacturing -new- JT8Ds?


I think he means new for the plane (but still an old engine pulled off another plane, not new new). It'd be like it being cheaper to put in an engine I pull off a car in the scrapyard than to fix the existing engine in my car, for example.


User currently offlineOPNLguy From , joined Dec 1969, posts, RR:
Reply 22, posted (9 years 7 months 4 weeks 12 hours ago) and read 2487 times:

>>>I think he means new for the plane (but still an old engine pulled off another plane, not new new). It'd be like it being cheaper to put in an engine I pull off a car in the scrapyard than to fix the existing engine in my car, for example.

Oh, well, I guess so. Seems like a moot point in a way, since that "new" (as in overhauled engine) was previously in need of an overhaul, just like the "old" engines still hanging on the aircraft are probably in need of an overhaul. One pays for the overhaul, one way or another....


User currently offlinePOR2GAL From Canada, joined Feb 2005, 62 posts, RR: 0
Reply 23, posted (9 years 7 months 4 weeks 11 hours ago) and read 2418 times:

How does a guy on ebay go from selling jeans and jogging pants to selling a 727?!?

I smell a whole lot of salt cod on this one!!

Xiao!



Spotters, Inc.
User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7688 posts, RR: 3
Reply 24, posted (9 years 7 months 4 weeks 11 hours ago) and read 2361 times:

According to the ad, the owner is the O Corporation. Who are they?.

However, if you look at the ebay link, the owner is Wells Fargo.

I think that it would help to be clear exactly who does own this aircraft.

That said, I think that the points that I made in reply 13 still hold true.

Why would someone want to buy this aircraft.


25 AlaskaAirMD83 : Hey it may be over priced but it also says no minimum bid at the bottom. I'll be the guy from The Price is Right game show and bid 1 dollar!!
26 Lrgt : EXACTLY. They were put through overhaul by their owners when it was worth overhauling. Actually NW was still overhauling them up to a year ago for th
27 Post contains images FriendlySkies : Starting bid is $300,000...so you'd pay $300,001 for it.
28 Fuffla : I would not pay 300,000 Vietnamese Dong for it. Not becasue of the condition of the aircraft, but because of its history and the unexplained reason wh
29 Post contains images FLY2LIM : The segment was called "Turkish Millionaire" and I'm very certain that none of the strippers and any other bizarre contestants was fooled into believ
30 Post contains links JHSfan : I have problems getting a hold on my opinion about the offers on eBay and this thread. Going to Gambia to buy an old 727 does not seem to be the most
31 Noelg : Wells Fargo Bank act as a trustee for the 'real' owner of the aircraft. The O Corporation (who also sound like a trustee or an investment company) wi
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