Canopy depreciation

[cdragon 0]

I have a Pilot 188 that I will be parting with in a month or so and I was wondering what a fair asking price would be. The unit has 53 jumps on it but is two years old. I know Cypres has a depreciation calculator that will give a fair market value for used equipment. Is there such a calculator for canopies?

[councilman24 37]

Nope.



PD used to use $2 a jump IIRC. But I'd add 'driving off the lot' depreciation also.

I'm old for my age.
Terry Urban
D-8631
FAA DPRE

[DougH 270]

It is worth what ever some one will pay for it.

Start by calling an Aerodyne distributor and seeing if Aerodyne has any stock canopies available for order, and if so what is the current price. There is often a price break between custom and stock, and that would be a good starting point since your basically selling a used "stock" canopy. It is only custom when you get to pick the colors.

Price it a little below the stock price and see what you get. 53 jumps isn't a lot of jumps for a line set, and it definetly isn't a lot of jumps for a zp canopy.

If there aren't any Pilot canopies of that size in stock you may not have to sell at much of a discount; some people won't want to wait for the lead time for a new one to be made.

"The restraining order says you're only allowed to touch me in freefall"
=P

[skybytch 273]

Rough general idea - price new (what someone would pay right now, not necc. mfr list price) minus US$100 for "driving off the lot", minus $1 per jump.

Note that this gives a rough general idea of canopy value assuming reasonable condition. You would of course need to deduct further if it is in need of lines or repairs, if it's been jumped primarily in desert areas, if it's over "x" number of years old (value of variable "x" TBD by buyer and seller), if it's no longer made, if it's some horrific color combo, if you need the money yesterday, etc.

[Chubba 0]

Not to derail, but what wingloading was the pilot and how did you find flying it?

[cdragon 0]

Wing loading was about 1.1. I can tell you this canopy has the softest, slowest openings and is sweet to fly. I'm downsizing to a Pilot 168 when I'm ready.