I want to set a price for an old ex military trainer aircraft we have
been rebuilding for 10 years and which will shortly go on sale. The
usual forums for this kind of information are user groups like the
North American Trainer Association and commercial operations such as
Courtesy Aircraft Sales in the USA. Ex-military aircraft known as
"warbirds" are traded and flown by civilians all over the world. I
don't know of a site or source of information on actual sales
concluded (if you could find one this would be great) - however asking
prices are fairly easy to find in sites such as those maintained by
Aircraft Spruce, Aviation Trader in Australia, Trade-a-Plane in the
USA and elsewhere. The aircraft of interest is a HARVARD MK IV OR
HARVARD MK 4 or simply HARVARD 4. It was manufactured by the Canadian
Car and Foundry Company in Fort William, Ontario in late 1953. It is
closely related to but not quite the same as a type known as a North
American/Rockwell T6-G. Depending on the geographic location, the
general condition of the aircraft and on the number of hours left
before engine overhaul is required, aircraft like this will probably
trade in the range $140 - 190 thousand. This research is intended to
confirm this range and to compile a list of comparable recent sales if
possible in order to help us do an appraisal. One last point is that
the North American/ Rockwell AT-6 A, B, C D or Harvard 2 aircraft is
much more numerous and prices tend to be slightly higher than for the
Harvard 4 which is arguably a newer and better aircraft. This is
because the Harvard 4 may only be registered in the "experimental"
category under USA FAA Aviation Regulations. |