WHAT A BARGAIN!!! Only 434 hrs clocked. That's like factory new!
I really wonder who's gonna buy the aircraft. And what about documents, maintenance support, etc...
It would be great if some leisure company or non profit aviation enthusiasts company (like with B-17 Sally B) bought the aircraft and would take it to all major airshows worldwide.
A reserve price is a price set by the seller. This is the minimum price he wants to have for the item. If it has not been reached at the end of the auction, then he doesn't have to sell, even if there have been bids. Why not make the start price of the auction the minimum price, you may ask. Well, by setting a low start price, you will get more bidders interested.