Any thoughts on how to finance a homebuilt airplane? I`m thinking
about building an rv-10. From what I have heard, expect to pay at
least $100,000 (I`m betting it will be more!!!) for a completed plane
with 260 hp engine and decent avionics. I don`t know about anyone
else, but I don`t have that kind of spare change on me. Any thoughts
and ideas on the subject would be helpful.
Sell your first born!
You have at least a good reasonable expectation of the cost which is the first
step. The second is to look at it as a purchase as you need project which
means that the cost will be spread over a 5-7 years of building. Van's may
also allow you purchase the original kit in stages.
Bob Reed
www.kisbuild.r-a-reed-assoc.com (KIS Builders Site)
KIS Cruiser in progress...Slow but steady progress....
"Ladies and Gentlemen, take my advice,
pull down your pants and Slide on the Ice!"
(M.A.S.H. Sidney Freedman)