To B (hub) or not to B (hub)

[Alan Fox]

I have been trying to sell a 300 hour 5 year old Hartzell prop , and although I thought this would be the easiest part to sell , It seems no one will step up to the plate and buy it......People think I will sell it for 3 or 4 thousand , and its not happening.....Should I sell it wholesale to a service center , for 4 K or should I put it on my E model to try to sell it faster...... What do you guys think....... I am not retailing it for less than 5K .... Regards Alan....

[Mooneymechanic]

It's worth 5k but sometimes it just takes a while for stuff to move even if it is a give away price especially lately .

[Alan Fox]

It just blows me away how cheap people are ,  I have learned a valuable lesson , take em apart and sell the parts..... Its more profitable , and much easier..... 

[Mooneymechanic]

I think lately rather than being cheap like it often appears the majority of people just have to watch each purchase more carefully and they do not purchase unless it is a nessecity plus I think on the whole mooney guys like efficiency and are more cost conscious and carefully evaluate each purchase that's why they buy the mooney.

I don't think there is anything else in the sky that will do what a mooney will do at three times the buy in price so eventually they buy the parts they need to keep them flying,

6k on the prop would be high 4k is a give away 5k is what they usually go for if they are under 500 since oh

[Marauder]

Alan, how long have you had the prop off the plane and been trying to sell it, a week, two? Sometimes you need to wait for the demand.

[HRM]

I had to LOL over this: People think I will sell it for 3 or 4 thousand , and its not happening.

 

I'll just say now that I don't mean to be rude. The reality is that you sell things to the market, you don't expect the market to buy from you. Last month I spent $4K overhauling my prop and getting rid of the ECI AD. I would have gladly given you my 35 YO since last worked on prop along with that $4K for your prop--but no more. Then you would have had my raggedy old prop to get rid of. Realtors say "location, location, location" and guys selling airplane parts should say "timing, timing, timing."

 

I guarantee you that a guy who has a prop strike today will be calling you tomorrow and will give you your price.

[N33GG]

I have to jump in here. I just sold a 3 blade prop (courtesy of a prop strike btw). And, I am a very experienced and successful real estate Broker licensed in 3 states. Location, location, location is Wrong! There are only three things that make anything sell: Price, Price, Price! And the previous post is very correct. You are selling to a market, not bringing the market to you. And the market is always whatever it is.

Whatever you are selling is whatever it is. If you are selling real estate, you can not do anything about location, but you can do something about price. That is in your control. You don't have control over the marker. The market is the market. And there is a price that anything will sell in any market.

[Cody Stallings]

What's the serial number of your prop?

[Ron McBride]

My personal opinion, that part of our economic problems are: Money was so cheap that price did not count.  We just spent and spent as we wanted to.  Now the people with money are thinking before spending, and prices are dropping.  I am watching friends who spend lots of time shopping for everything,   2 hours to save $20.00.

 

And Yes, I spent to much at times also, I am watching a lot closer now.

 

Hartzell last year had a couple of used Scimitars for $7,500.00 with less than 10 hours on them.  Take your choice, new, 5 years old.

I would be in the $3-4,000.00 camp also.  

 

Ron

[jezzie]

At the end of the day what ever you are selling is worth what someone is willing to pay, in my experience it's sometimes the first offer that is always the best. If someone is in need of a prop that person will search the market determine the best value based on cost of shipping, convenience and how much they like or trust the individual. A lot of sellers are very proud of what they own and can afford to hang on to the inventory, others not so.

[N601RX]

Did you not buy the plane this came off of as cheap as you possibly could? Did you not try to lowball someone trying to sell a 530 about a month ago with a offer to trade a used Cady for it? What's different now?

[Cody Stallings]

Your propeller picture above is of a "B" hub...... Are you selling to get something different?

[duke]

you can buy a brand new top prop for 6995 list price

[Alan Fox]

you can buy a brand new top prop for 6995 list price

Not from hartzell , Just called them and it is 8300.00

[Alan Fox]

Did you not buy the plane this came off of as cheap as you possibly could? Did you not try to lowball someone trying to sell a 530 about a month ago with a offer to trade a used Cady for it? What's different now?

That was actually a Joke.....I would have not traded a car for 530....

[Alan Fox]

What's the serial number of your prop?

CH41735B

[duke]

sorry-- that price was from an old add i had saved

http://www.aero-news.net/AnnTicker.cfm?do=main.textpost&id=c5f58d7e-ca9f-4907-8916-62ce1dbfdf17

[KSMooniac]

It took me a very long time to sell my take-off McCauley prop from my '77 J for half of what you're asking.  It had a lot more time on it, but it just needed to find someone with a prop strike, and they don't happen every week I'm afraid.  

 

You probably wouldn't get the upgrade crowd with the old-style prop... I'd rather spend a few thousand more to get the scimitar personally, but I have a long-term ownership horizon.  The price is high enough that many folks with the ECI hub won't spend that much to make that nuisance go away IMO, but a great price for someone repairing a plane or in need of overhaul.

 

If there is a better way to market to Canadians, you should consider that since their regs require overhauls on calendar time or hours, and they *must* do something...either replace or overhaul.  You might find a buyer up there in need with out a prop strike situation.

[sleepingsquirrel]

I've been watching your prop for days on ebay. I wanted to buy it for a spare because I believe it will replace my McCauley D236C14B. I was thinking $2700 to put it in storage and wait until the MCCauley could no longer be serviced. Then I realized, I need a spinner and backing plate. So I bought a new furling genoa for my sailboat instead. I never made an offer because I saw the number of declined offers and thought the market is not meeting the owners appraisal of its value. I sold (gave away) a nice Cessna 150 in the last month. I was robbed! However the C 150 has a proud new owner and he couldn't be happier! I let it go for $500 less than another offer. I selected my buyer, a person who understands ownership and the responsibility of ownerhsip, not someone who would nit pick me to death after the sale for not being able to predict things that can go wrong with a machine.

[Alan Fox]

Enjoy your sails....

[Wildhorsesracing]

Having bought and sold many exotic vehicles over the years I have learned two valuable lessons:

 

1) You can only sell something for what a buyer will give you for it.

2) If you have a buyer willing to pay cash then sell it - you may never find another buyer willing to pay that much again.

 

You can always ask an astronomical price for anything but finding that one fool who will pay that much is usually hard to do! 

 

FWIW: Ebay is a good barometer of what things are worth...

[sleepingsquirrel]

I have as much fun at 6 MPH as I do at 160 MPH !

[dcrogers11]

The price is certainly fair, but I'm one of the guys KSMooniac described that will continue to deal with the nuisance of the ECI on my 64C as I am saving up my pennies for my panal upgrade.  Fortunately, I live 20 minutes by air from Bynum Props in Fort Worth.  They charged me 180.00 last May for the ECI and let me take the shop pickup to lunch while they performed it.  I would love to do away with the AD, but right now, if its not broke, don't fix it.  I bet someone will come through with the cash, it just might take some time. 

[Wildhorsesracing]

I agree with dcrogers11 - I got my ECI done last year for $250 at H&H propeller.  I fly ~150 hrs a year - at $5k for a used prop I could get over 15 yrs ECI's to recoup the cost.  Not worth it to me.

[jetdriven]

Plus the cost to either fly the plane to the prop shop or the cost to r&r the prop.