Nice Sports Illustrated article.
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Tiger 1988
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Re: Tiger 1988
the price of a restored Mustang has skyrocketed from $70,000 five years ago to $500,000 today (1988).
Ummm..I don't recall any $70,000 Mustangs available in 1983, unless they were basketcases with possibly parts missing. I believe P-51s were going for $500,000 - $1 million area for a decent stock flyer with a number of hours on it already.
This sound incorrect?
I DO recall a clean T-6 in the $40,000 range around that time though.
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Re: Tiger 1988
We had a family friend that owned several old aircraft. Back in 1972-3 he sold his flyable Mustang for $35,000. He felt he had ripped the new owner off as nobody should pay that much for an old plane! He had flown them in WW2 and Korea and just didn't want it anymore.
Unfortunately he passed before I got interested in the history of it all.
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Re: Tiger 1988
As I remember you could get a good flyable mustang for the $200-300,000 range around then.
Spinner would know.
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