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Stop me, before I do something crazy...



 
 
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  #1  
Old June 5th 07, 02:00 AM posted to rec.aviation.owning
Kyle Boatright
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Posts: 578
Default Stop me, before I do something crazy...


"Darrel Toepfer" wrote in message
. 18...
"Dan Luke" wrote:

My gawd, that panel looks awful; like a ride at a theme park.


Thats why you want to see lots of pictures (hires) before making the
drive/flight to see it for real... Smart guy doesn't paint it, doesn't
do several things, before selling it and let the buyer choose the
details...

Looks pretty well equipped and useable to me, though some insulation on
the side panels might make the ride a bit quieter...

At the prices the completed RV10's are commanding, you can get a very
nice certified airplane...

I'm not really serious about buying a homebuilt. Who would work on
it?



Anyone can work on it. You, your kid, your Border Collie, whoever. The only
log entry that needs to be entered by someone with credentials is the
"Condition Inspection", which is equivalent to the Annual Inspection on
certified birds. The Condition Inspection can be signed off by an A&P, an
IA, or the person who holds the Repairman's Certficiate for that specific
airplane.


Buy a tail kit, build it, have it inspected and then sell it. Doesn't
that get most people qualified for doing their own annuals on a like
experimental?


Nope. You have to be listed on the paperwork as the primary builder of an
aircraft registered with the FAA to get your "Repairman's Certificate", and
that certificate only applies to the airplane you built. You apply for the
certificate at the same time you apply for the airworthiness certificate for
the airplane you built.

KB


How much confidence could I have in avionics support for these
non-cert boxes?


Was that handheld satellite weather/gps gizmo of yours certified? ;-)

The Dynon's are nice, I like the pricing of the Stratomaster Enigma
better... http://www.mglavionics.co.za/Enigmapage.html



  #2  
Old June 5th 07, 02:36 AM posted to rec.aviation.owning
Darrel Toepfer
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Posts: 289
Default Stop me, before I do something crazy...

"Kyle Boatright" wrote:

Smart guy doesn't paint it, doesn't do several things, before selling
it and let the buyer choose the details...


Nope. You have to be listed on the paperwork as the primary builder of
an aircraft registered with the FAA to get your "Repairman's
Certificate", and that certificate only applies to the airplane you
built. You apply for the certificate at the same time you apply for
the airworthiness certificate for the airplane you built.


One of those "details" I was eluding to... Thanks for the clarification...
  #3  
Old June 5th 07, 01:16 AM posted to rec.aviation.owning
John Galban
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Posts: 64
Default Stop me, before I do something crazy...

On Jun 3, 5:30 pm, "Dan Luke" wrote:
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html


That's a nice looking bird, but that price tag is pretty impressive
too. My buddy went nuts a few months ago and sold his 1.5 yr. old
RV-10 for $120K. I wasn't surprised that it only stayed on the
market for one day.

If I were going to buy an experimental, the RV-10 would be it.
It's a blast to fly. Great cruise speeds and excellent low speed
performance. I think it's the perfect airplane. I would have
bought my friend's bird if I'd had the cash on hand.

John Galban=====N4BQ (PA28-180)


  #4  
Old June 5th 07, 12:31 PM posted to rec.aviation.owning
Dan Luke
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Posts: 678
Default Stop me, before I do something crazy...


"John Galban" wrote:

If I were going to buy an experimental, the RV-10 would be it.
It's a blast to fly. Great cruise speeds and excellent low speed
performance. I think it's the perfect airplane.


Yep. The first time I sat in one at OSH I thought, "This airplane is
perfect."

--
Dan


  #5  
Old June 5th 07, 02:06 AM posted to rec.aviation.owning
Kyle Boatright
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Posts: 578
Default Stop me, before I do something crazy...

Beautiful airplane and Rick does top notch work - I've seen several of his
airplanes and talked with him on a few occasions. However, I suspect he's
testing the market price wise. RV-10's are commanding high prices due to
supply and demand, but this may be on the way, way, optimistic side. Of
course, it costs a lot to build an RV-10, particularly with all new stuff
firewall forward and lots of goodies in the panel. Firewall forward, he
probably has $50k in the airplane, the kit itself is $50k or so if you go
with the quickbuild, and a panel can set you back anywhere from $5k to the
GDP of a mid-sized European country. Add $15k for interior, paint, and
various nit-picky accessories and you can easily spend $150k to build one.

I've looked into building one on the cheap with a mid time engine and a
Day/Night/Gyro VFR panel and think it would take a miracle to bring one in
at $100k or less.

Of course, that's pretty good for a 200 mph cross country airplane that can
carry 4 real people and a few bags.

KB


"Dan Luke" wrote in message
...
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html


--
Dan



  #6  
Old June 5th 07, 10:55 AM posted to rec.aviation.owning
dave
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Posts: 68
Default Stop me, before I do something crazy...

That's a beautiful airplane. Does anyone know if insurance is available
for it at that hull value? I don't mean just because it's an
experimental - I'm wondering if an insurance company would accept an
agreed value that high.
Dave
M35

Dan Luke wrote:
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html




--
  #7  
Old June 5th 07, 04:11 PM posted to rec.aviation.owning
Newps
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Posts: 1,886
Default Stop me, before I do something crazy...

Guy near me just built a Lancair 4. Beautiful plane, although some of
the design features are just stupid, but a nice looking plane. Has to
be valued at least $350K First years insurance is $12,000.




dave wrote:

That's a beautiful airplane. Does anyone know if insurance is available
for it at that hull value? I don't mean just because it's an
experimental - I'm wondering if an insurance company would accept an
agreed value that high.
Dave
M35

Dan Luke wrote:

Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html




  #8  
Old June 5th 07, 06:24 PM posted to rec.aviation.owning
Nathan Young
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Posts: 108
Default Stop me, before I do something crazy...

On Tue, 05 Jun 2007 09:11:16 -0600, Newps wrote:

Guy near me just built a Lancair 4. Beautiful plane, although some of
the design features are just stupid, but a nice looking plane. Has to
be valued at least $350K First years insurance is $12,000.


Yikes, that's a lot of money, but for a $350k, 300+ mph, retract
homebuilt it does not seem that far out of whack.

I did a quick Google groups search and see rates from $5-10k quoted
for Mooney Bravos and SR22s (similarly priced & one is a retract).

-Nathan


  #9  
Old June 5th 07, 08:18 PM posted to rec.aviation.owning
Dan Luke
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Posts: 678
Default Stop me, before I do something crazy...


"Nathan Young" wrote:

Guy near me just built a Lancair 4. Beautiful plane, although some of
the design features are just stupid, but a nice looking plane. Has to
be valued at least $350K First years insurance is $12,000.


Yikes, that's a lot of money, but for a $350k, 300+ mph, retract
homebuilt it does not seem that far out of whack.

I did a quick Google groups search and see rates from $5-10k quoted
for Mooney Bravos and SR22s (similarly priced & one is a retract).


AOPA got me a quote of $3K for $1M smooth, $300K hull on a Turbo 182T.

--
Dan


  #10  
Old June 5th 07, 09:09 PM posted to rec.aviation.owning
Peter R.
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Posts: 1,045
Default Stop me, before I do something crazy...

On 6/5/2007 3:18:51 PM, "Dan Luke" wrote:

AOPA got me a quote of $3K for $1M smooth, $300K hull on a Turbo 182T.


Wow, really? What kind of hours/safety courses do you have in your background
that resulted in such a low quote for $1M smooth at that hull value?

I just re-upped with USAIG and am paying $2900 for the '73 Bonanza with a
hull value around $170k (TKS, new engine, tip tanks, new avionics,
turbo-normalized), not $1M smooth. This quote with an IFR rating and about
1,200 total hrs, 600 hrs in the insured aircraft. Or is the difference due to
the fact that the Bo is a retractable?

--
Peter
 




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