GA Manufacturers Cut Prices To Attract Buyers
With many buyers putting their plans on hold in an uncertain economy, manufacturers are offering deals to tempt them into taking the plunge. "Turbulent markets may make today seem like the wrong time to buy an airplane -- [but] there has never been a better time to buy," said Diamond Aircraft in a news release this week. Any new owner of a new DA40 who takes delivery by Dec. 31 will get maintenance, insurance, fuel and flight training all free for a year, a $13,250 value. U.S. buyers also can qualify for a special bonus-depreciation tax incentive that allows buyers to write off up to $300,000 of the purchase price. Also this week, the U.S. distributor for the Euro-Fox light sport aircraft lowered its base price by $10,000, to $58,950. The company said the price cut is possible "due to the recent improvement in the dollar-to-Euro exchange rate." The two-seat EuroFox burns just 4 gph, the company said, making it an economical choice for the private pilot or sport flyer, and the wings fold back for easy trailering and storage.
Diamond's offer is limited to new U.S. or Canadian-registered DA40 aircraft in current inventory at Diamond distributors.