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Don G
Joined: 10 Jan 2006
Posts: 156
Location: Central Illinois
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 Posted: Thu Jul 05, 2007 3:50 pm Post subject: Legal FireFly??or not?? |
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Jimmy,
Back to your question about the worth of a "fat" firefly.
What would it cost to bring it back under 103 compliance?..add that to the equasion. More than registering it?
this is what I think...not what I know..just what I think...maybeee...
A legal 103 FireFly might have more value than a non-registered "fat" one.
A 503 Firestar that never had a chance of making 254 lbs unless you left the wing off...will be worth more legal as an E-LSA than not.
Same with Challengers and 503 Titan I's and so on.
There is no "NEW " rule that makes all fat ultralites now illegal,,,they always were. They were all required to be registered as an Experimental before...now there is just a new rule that allows them to be easily "transitioned" to a E-LSA.
This is the "manna from above" as just someone mentioned.
No hassle...no documentation...dont even have to be the original builder.
This is a good thing....make that a GREAT thing. For all those birds that have no chance of making 103.
You just need to decide if that FireFly will appeal in the resale market to licensed sport pilots...or non-licensed Ultralite pilots.
I am thinking it would be more appealing..therefore worth more...to ultralite pilots.
I certainly dont know this for sure....I just think maybee!!!!!!
IN fact...all legal 103 craft might just get a boost in the market appeal...
maybeeee!
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_________________
Don G.
Central Illinois
Kitfox IV Speedster
Luscombe 8A
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Guy Morgan
Joined: 03 Jun 2006
Posts: 9
Location: Galveston, TX
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| Posted: Fri Jul 06, 2007 5:02 am Post subject: Legal FireFly??or not?? |
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Howdy Fellas,
If you're selling the Firefly, you can always put the OEM items back on I.e.
small tires, minimal instrument panel, etc. Get it legal and include the
"extras" with the sale. A firefly built by the books, with attention to the
paint especially, should easily fall within limits.
Best Regards,
Guy Morgan
Evergreen Helicopters
2001 Terminal Dr.
Galveston, TX 77554
work: (409) 740-0231
cell: (409) 692-2864
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