aircraft value falling quick???

Singaporeair · **on:** December 30, 2007, 01:27:00 pm

I bought a F27 in feb for 5mil,but now its only worth €2,499,992!
it fall 50% in just a month,even cheaper than my first B99.

suntoucher · **Reply #1 on:** December 30, 2007, 01:42:10 pm

Did you paint it purple and orange again?

And start playing rap music. That would devalue anything.

Singaporeair · **Reply #2 on:** December 30, 2007, 04:14:23 pm

2,187,491 now
it will end up 0 in a couple of hours

Sheep Air · **Reply #3 on:** December 30, 2007, 05:35:18 pm

Yep, me too. I've got a F27-600 where the value is dropping like a stone... it's dropped about €2-3mill since I bought it on the second hand market yesterday.

nwadeltaboy · **Reply #4 on:** December 30, 2007, 07:24:46 pm

first day of the month = the day you pay all of your expenses

that's what happened

Sheep Air · **Reply #5 on:** December 30, 2007, 07:42:21 pm

Yes, of course how stupid of me

Would that also explain why it is now worth less than my starting Be99, despite the fact it was originally worth at least 2x what the Be99 was?

Singaporeair · **Reply #6 on:** December 31, 2007, 02:20:56 am

1,145,821 now.
so it's impossible to resell it anymore.

Seattle · **Reply #7 on:** December 31, 2007, 03:04:11 am

I'll buy it! :shock:

Jps · **Reply #8 on:** December 31, 2007, 06:12:40 am

One of Stephen's plans to "slow" the game down?

Air Elbonia · **Reply #9 on:** December 31, 2007, 06:47:24 am

Will definitely look into this... this is sounding far.. far off where it should be.

edit: ok. preliminary looking into this somewhat completed... it seems it's blatantly affecting only two aircraft, both f27-600's, one owned by you, one owned by someone else... the fair value itself isn't dropping anywhere near that fast, just your daily dep is for some reason too high. Can i ask: did you buy it new or used? if used, about how much did you pay for it? [it really, really should not be as high as it is. so this question tells me where to look, as seemingly, otherwise there are few planes affected].

Singaporeair · **Reply #10 on:** December 31, 2007, 07:12:59 am

624,986 :cry:

bibi974 · **Reply #11 on:** December 31, 2007, 07:55:36 am

Man! you shoul be a bit more careful with your planes

Singaporeair · **Reply #12 on:** December 31, 2007, 09:15:23 am

it only happen in F27-600.

Air Elbonia · **Reply #13 on:** December 31, 2007, 10:43:26 am

er. i thought i refreshed and saw no new posts.

i only see this affecting 2 f-27-600's... singapore, care to tell me whether it was bought new or used? the daily dep is out of whack.. the fair value [appears] to be fine, so no real worries about the resale value tanking at the moment. when the bug's fixed, i'll try to remember to update the f-27 to a more... reasonable value.

Singaporeair · **Reply #14 on:** December 31, 2007, 11:13:54 am

used.
€208,318 now :twisted: