It is a rip-off, specially long term and they could have bought Gripen for 57 million USD like Sweden offered to my country and overall operational cost is cheaper, maintainance is cheaper, etc than F-16 and radar upgrade for Gripen in 2017 will increase detection range of a jet fighter at 300 kilometers and Meteor BVRAAM will be intergrated into C/D Gripen's plus Denel's A-Darter...
Brand new F-16 is 80+ million USD, I had my doubts that a used F-16 will ever cost below 60 million USD.
Pakistan recently made a deal for eight (8) F-16 Block 52 Aircraft, equipment, training, and logistics support for an estimated cost of $699.04 million.
The Government of Pakistan – F-16 Block 52 Aircraft | The Official Home of the Defense Security Cooperation Agency
Oman and Iraq got NEW F-16s. See the value of those deals:
WASHINGTON, August 3, 2010 – The Defense Security Cooperation Agency notified Congress today of a possible Foreign Military Sale to Oman of 18 F-16 Block 50/52 aircraft and associated equipment, parts, training and logistical support for an estimated cost of $3.5 Billion.
Oman – F-16 Aircraft | The Official Home of the Defense Security Cooperation Agency
WASHINGTON, September 15, 2010 -- The Defense Security Cooperation Agency notified Congress on September 13 of a possible Foreign Military Sale to Iraq of 18 F-16IQ Aircraft as well as associated equipment and services. The total value, if all options are exercised, could be as high as $4.2 billion.
Iraq – F-16 Aircraft | The Official Home of the Defense Security Cooperation Agency
Consider that a support package to aircraft lie F-16 can easily be $100-200 million, or more, depending on the needs of the recipient. See e.g.
Bahrain – F-16 Follow-On Support | The Official Home of the Defense Security Cooperation Agency
Greece – F-16 Sustainment | The Official Home of the Defense Security Cooperation Agency
United Arab Emirates - F-16 Program Support | The Official Home of the Defense Security Cooperation Agency
Greece – Spare Parts and Services for F-16 Aircraft | The Official Home of the Defense Security Cooperation Agency
Lets look at the DSCA announcement for Romania in detail:
"The Defense Security Cooperation Agency notified Congress today of a possible Foreign Military Sale to Romania of
weapons, equipment, and support for 12 F-16 MLU Block 15
for an estimated cost of $457 million. The Government of Romania has requested a possible sale of weapons, equipment, and support for
12 F-16 MLU Block 15 aircraft that will be procured through a third party transfer from Portugal."
So, the $457 million is the package consisting of weapons, equipment and support, etc and not the F-16s themselves.
Now, let's look at post 1 again.
"In 2013, the Romanian government signed a deal to acquire 12 used F-16 Block 15 fighters from Portugal under a deal worth about €628 million (US $691.5 million)."
Does 691.5m-457m=234.5m USD for 12 jets sound reasonable? I.e. $19.5m per jet? It is a price consistent with price quotes online. e.g.
"While Lockheed Martin will charge about $70 million for a brand new F-16, a second-hand jet will cost just $15 million. For many countries on a budget, that is an attractive offer."
Will Second-Hand F-16 Sales Rise With Budget Cuts?
You may find this interesting reading on the choice faced by Indonesia re. F-16s
The six new aircraft will cost a total of some US$430 million, while upgrading the 24 used F-16 to Block 52 specifications, as demanded by the House, may cost $600 million for engines and another $160 million to $190 million on training for pilots and technicians.
Second-hand F-16s are the best option: Analysts | The Jakarta Post
Used F-16 jets: A tradeoff between quality and quantity | The Jakarta Post
Upgrading 24 older F-16 costs $760m-$790m. So, $190m - $197.5m for upgrading 6. $32.5m-$33m apiece. That is still less than half the price of 6 new, more modern F-16s ($430m, or $71.6m apiece)