I agree with your assessment. I think with the rising inflation and the economy that people buying now at a premium will sustain a loss on value on their aircraft. Like real estate, this balloon will pop. The abundance of people with time to take their PPL has assisted in creating this balloon. Aka Covid. VREF has not been kind for valuation of the the carbon fiber aircrafts. The CTLS depreciates yearly unlike some of the metal counterparts. I’m a savvy shopper and not stuck on one particular type of aircraft. Good deals are to be found, they are just usually not advertised.