Podcast: The Truth About the Market
Host: Jason Zilberbrand, President of VREF
More than 700,000 people.
More than 10,000 aircraft.
One small city in Wisconsin.
For one week, Wittman Regional becomes the busiest airport in the world.
Most people call Oshkosh an air show.
Jason calls it something else:
the largest aircraft transaction event on the planet that nobody calls a transaction event.
Deals get discussed in campgrounds.
Deals get started in vendor hangars.
Deals happen standing in line for a bratwurst.
And far too many of them are built on handshakes, emotion, and numbers pulled out of thin air.
In this episode of The Truth About the Market, Jason breaks down what Oshkosh really means to general aviation, why it remains one of the best real-time sentiment indicators in the aircraft market, and how buyers and sellers can use AirVenture without getting burned.
Because Oshkosh is not just where people go to look at airplanes.
It is where buyers reveal confidence.
Sellers reveal motivation.
Owners reveal upgrade intentions.
Manufacturers reveal where the next pricing pressure begins.
And the market tells you what is actually moving before the reports ever catch up.
In this episode, we cover:
- Why Oshkosh is the largest aircraft transaction event nobody calls a transaction event
- How more than 700,000 people and 10,000 aircraft turn AirVenture into a live market signal
- Why deals at Oshkosh often begin in campgrounds, vendor booths, flight lines, and casual conversations
- Why EAA is not just an air show, but one of the engines that keeps general aviation alive
- How Oshkosh inspires pilots, builders, mechanics, engineers, children, and future aircraft owners
- Why Young Eagles, homebuilt aircraft, warbirds, military demos, experimental designs, and owner-flown aircraft all matter to the future of aviation
- Why Jason’s personal history with EAA shapes how he sees the event today
- What it meant to watch Chuck Yeager fly a P-51 Mustang at Oshkosh
- Why the surprise Blue Angels and Thunderbirds flyover remains one of Jason’s most memorable AirVenture moments
- Why bringing the next generation to Oshkosh matters for the future of general aviation
- Why aircraft values are not just spreadsheet numbers, but someone’s dream with a serial number on it
- Why Oshkosh is one of the best real-time sentiment indicators in aviation
- What for-sale signs on the flight line reveal about market direction
- Why panel shops, paint shops, interior vendors, and upgrade booths can tell you whether owners are investing or deferring
- Why every new OEM announcement can instantly reprice the previous generation
- Why a new model can cost current owners money while they are standing there applauding
- Why buyers should find aircraft at Oshkosh, but not close them there
- Why heat, excitement, crowds, and airplane culture can emotionally marinate buyers into bad decisions
- Why refundable deposits, logbook reviews, title searches, pre-buys, and independent valuations still matter after the handshake
- Why sellers should price correctly before they leave home
- How seven days of concentrated buyer traffic can either create a sale or expose a fantasy asking price
- Why organized, digitized logbooks can change how buyers perceive an aircraft
- Why volume at Oshkosh can be a leading indicator for the fall market
- Why experimental and homebuilt aircraft are the soul of Oshkosh
- Why homebuilt aircraft are among the hardest aircraft in general aviation to value
- Why no two homebuilts are ever truly the same, even from the same kit
- Why builder quality is the number one driver of experimental aircraft value
- How workmanship, adherence to plans, documented deviations, photos, and builder logs affect future resale
- Why kit-maker strength, fleet size, type community, and parts support matter
- Why engine provenance can separate a desirable experimental from an insurance or financing problem
- Why a certified engine, clone engine, auto conversion, or alternative powerplant all price differently in the market
- Why hours flown, Phase One documentation, incident history, and condition-inspection records matter
- Why a 400-hour proven homebuilt and a 40-hour homebuilt sitting for 12 years tell completely different stories
- Why the second-owner discount matters in experimental aircraft
- Why the repairman certificate affects annual inspection costs and buyer economics
- Why experimental aircraft suffer from some of the worst price transparency in aviation
- How scattered listings, thin comps, Facebook groups, forums, FBO corkboards, and fantasy asking prices create bad deals or no deals
- Why sellers cannot expect the market to reimburse them for every hour of labor in a 15-year build
- Why buyers often overpay for shiny and underpay for quality when they cannot see the data
- Why bad data does not just cause bad transactions, but can stop transactions from happening at all
Jason also introduces the new VREF Marketplace, built directly into VREF Online.
This is not just another classified site.
The marketplace ties live aircraft listings directly to VREF valuation data, sold aircraft, historical pricing, market trends, days on market, fleet supply, broker and owner contact information, and real-time market intelligence.
For buyers, that means no more negotiating with vibes.
For sellers, that means defending a fair number with data.
For brokers, it means live market intelligence inside the same platform lenders already trust.
For lenders and insurers, it means a clearer collateral picture.
For appraisers, it means a stronger path from opinion to defensible opinion.
Because listings are not the market.
Sold aircraft are the market.
And every healthy market depends on transparent, liquid, trustworthy information.
The bottom line:
Oshkosh is where people come to see airplanes.
But if you know where to look, it is also where you can see the market.
Watch the for-sale signs.
Watch the upgrade booths.
Watch the conversations.
Watch what people are buying, not just admiring.
Watch what manufacturers announce.
Watch how buyers behave when the aircraft is right in front of them.
And if you are buying or selling at Oshkosh, remember:
Find the airplane there.
Do the deal correctly after.
Use real data.
Review the logs.
Verify title.
Get the pre-buy.
Know the value.
Because campfire comps, handshake pricing, and emotional decisions are how six-figure mistakes happen.
For accurate, defensible aircraft valuations trusted by lenders, insurers, attorneys, operators, and aviation professionals worldwide, get started with your VREF Online Membership today.
Fly safe. Stay smart.

