Jump to content

Issue Information

  • #000649

  • 0 - None Assigned

  • Archived

  • -

Issue Confirmations

  • Yes (0)No (0)
Photo

Aircraft value on secondhand market

Posted by sombranegra79 on 24 June 2011 - 05:18 AM

Now this is weird - the market value for the Ilyushin Il-18 has fallen from $9.6 mil to just $3.2 mil in just four game days. Having seen that, I terminated the leases on my two leased Il-18's and bought two cheap used Il-18's to replace them (the "buy from lessor" option would have required me to pay $11 mil). Now those two planes have appeared on the market and their value is also $3.2 mil as with all of the other Il-18's. Something seems wrong here. :cry:

Not sure it is a bug. Price reflects the availability in the secondhand market. When an unrealistic number of planes are dumped on the market the price falls dramatically. About a week ago a top 10 airline closed down and there were bargains a plenty unfortunately missed out but that is the luck of the GAME.

Not sure it is a bug. Price reflects the availability in the secondhand market. When an unrealistic number of planes are dumped on the market the price falls dramatically. About a week ago a top 10 airline closed down and there were bargains a plenty unfortunately missed out but that is the luck of the GAME.


I understand that, but the thing I don't get is how the cost of leasing an aircraft or buying a leased aircraft from the lessor depends on the age of the aircraft (not the value on the market). So, seeing that buying two Il-18's on the used market would cost me $3.2 mil each, while buying the two I had on lease from the lessor would cost me roughly $7 mil each, I simply terminated my leases and replaced my two aircraft with used aircraft. Alternately, I could also have returned my aircraft first, and then gone back to the used market and bought them back for $3.2 mil. So it would have cost me $7 mil per aircraft to buy from the lessor, while it would have cost me $3.2 mil per aircraft to terminate the lease first and then buy them back.

The other issue concerns leasing. The cost of buying an aircraft on the used market depends solely on the number of aircraft on the market - whether the aircraft is 2 months old or 30 years old has nothing to do with it. However, when you're leasing an aircraft, the opposite is true: the amount you pay depends solely on the age of the aircraft, regardless of the market value of the aircraft. Something just doesn't seem right here. Are you sure these aren't bugs?





0 user(s) are reading this issue

0 members, 0 guests, 0 anonymous users