March 29, 2023
Aircraft Bidder Auctions AOPA Extra 300
Who’s Going to Be a New Extra Owner?
Aircraft Bidder (.com) was founded in 2020 with the goal of creating an ‘eBay” style of on-line auctions focusing on aircraft. To date, Aircraft Bidder has sold 84 aircraft using their website. Currently there are 20 aircraft up for auction on their website.
Buyers must register for each aircraft and provide a deposit, which varies depending upon the value of the aircraft. For example, a USD $2.5 Million aircraft would require a bidder’s deposit of USD $20,000. This helps Aircraft Bidder ensure that the bidder will close the transaction if they are the winning bid. Bidders are able to view the aircraft, logbooks and other documentation, typically up to 30 to 45 days before the auction. Successful bidders are required to close the transaction within 72 hours.
At the AOPA booth at SUN ‘n FUN, an Extra 300L was on display, which is in the auction. The Extra 300L is a two-seat, low-wing, aerobatic airplane powered by a fuel-injected Lycoming AEIO-540 engine, producing 300 horsepower. The auction closes Friday March 31, 2023, at 1:00 pm EST. The current bid is at USD $241,000 (as of this March 28th in the evening). A 5.00 % Buyer’s Premium will be applied to the final price. Bidders are required to wire a USD $5,000 deposit to Aircraft Bidder before registration will be finalized.
(Photo: Phil Lightstone)