I am, however, familiar with the concept of owners thinking their airplanes are worth a heck of a lot more than reality and how incensed they get at even a mention of Vref and Blue Book prices.... (And, how surprisingly accurate Vref tends to be...)
Last weekend, I got offered $9000 for a flying, in annual 1976 Cessna 150 because "that's the price I got from Vref". Yeah.... not so sure about that accuracy thing you're talking about. I think I'll just keep the airplane at the flight school where it's being rented out.
