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ricksked(at)embarqmail.co
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 Posted: Fri Jun 27, 2008 8:36 pm Post subject: Cost to build to date |
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Since my midnight rant revealed my darkest secrets I figured I outta put out some more accurate numbers, FWIW Dewar's white label DOES NOT make you better at this 
Some of my spreadsheet numbers
Engine $44,000
Panel $78,000 includes panel and assembly, O2 and GDL 69A, Jepp subscription
Prop $9000
Seats $3800k
Kit 40,000 with shipping
FWF $5,000
wire & terminals plus a few special tools $1,200
Antennas $500
Hardware including handles and sheet/angle and nuts and bolts, clamps wire ties etc, $2500
Composite stuff, epoxy glass cloth, fillers, primers etc $1500
Rudder trim $400
Batteries-$220
overhead-$1000
Stein vents $600
Totals $185,220
Add $2000 to finish interior
$8000 to paint
Brings me around $195,000
So Booya!!! (thats gang speak for a shotgun blast) William!!! I was really coming off the cuff last night, I pulled rounded numbers tonight from my spreadsheet, I still have a boat load of nickel and dime spruce invoices to input but I'm still around 200K all said and done but it's still half of a similarly equipped Cirrus.
Bottom line, if I had ran my build like I run my own personal finances I would have really held to the budget, I set aside $175 as my original no kidding budget, even though I shot for $150 and failed. heck I failed at the $175 part!! Understand that there is at least $5000 in tools I have not even considered in this which really is in there somewhere.
I strived to make this the best equipped and finished aircraft I could build, for example I have at least $300 in adel clamps for the hoses and wiring, I have a bunch left over but ordered so I would not run out while building, I have a full set and sizes of AN bolts/nuts/washers/rivets you name it.... you could say I set up a repair shop. Some of the hoses ran over $100 each with internal fire sleeved hoses....bottom line....I dated my behind off, kept some very special friends happy...AND managed to take one of them otta town a few times...and almost finished this airplane. Plus I work about 10 to 11 hours a day at least 6 days a week on average at the largest construction project in this Country's history. Can all that fit on my headstone?
So....Leaso learned? figure it's gonna cost you at least 20 grand more than you figured...unless your Dutch...then it will only be about $60 thousand, I think that's what Van said his cost a month ago
Oh yeah, about $800 a year in builders risk insurance.
Rick Sked, single, catch me if you can! But I'm feeling like I'm ready to be caught by one of them.
40185
Almost done...sorta
do not archive
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wcurtis(at)nerv10.com
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| Posted: Sat Jun 28, 2008 7:44 am Post subject: Cost to build to date |
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Dude, file a police report; You got robbed!
Or use that shotgun for home defense. The Supreme court got it right so you are covered.
I have a running spreadsheet which includes all the bits, pieces, shipping, tools and etc. and at current projection WILL come in (well) under $150K. But then I don't have a $78K panel, O2, 3 blade prop, rudder trim or overhead console. I'll re-post the spreadsheet to the website AFTER I pay my state use taxes when I officially register it.
Oh, for those that have not ordered the FWF kit yet, take a look at this page: http://nerv10.com/wcurtis/20Engine/hose.html You want to exclude the hoses in the Van's FWF kit and order the set from aircrafthose.com. You get BETTER hoses (teflon with integral fire sleeve) at a LESS price than if you were to go with the provided hoses.
William
http://nerv10.com/wcurtis/
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ricksked(at)embarqmail.co
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| Posted: Sat Jun 28, 2008 12:25 pm Post subject: Cost to build to date |
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Actually, I had the panel built so I really could have save a bunch there but It went in great and works great..so money well spent at this point. And thats why I left NJ 30 years ago...too many taxes.
The Booya thing was kinda funny and I should have put up the reason I used it, It was in my head all day, I had to fire or as HR says terminate a umm gentleman for too many serious violations of our safety policy, like 5 in less than an hour, his first day...I know I shoulda cut him some slack, not....his last words to me out the door was "Booya" followed by multiple other colorful words..so I had to ask what it meant..hence the shotgun blast thing...I use a .45 for home defnese
I just wish the 480 wasn't heading for extinction.
Rick Sked
40185
do not archive
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wcurtis(at)nerv10.com
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| Posted: Sat Jun 28, 2008 2:33 pm Post subject: Cost to build to date |
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Actually, almost all states that have sales tax also have a use tax. To make sure the tax man does not come running with their idea of what you owe when you register your experimental, you are better of telling them what YOU think you owe prior. What they think is usually MUCH higher.
See this article on the EAA site. You will require an EAA account login.
http://tinyurl.com/53rmhz
William
http://nerv10.com/wcurtis/
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ricksked(at)embarqmail.co
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| Posted: Sat Jun 28, 2008 2:41 pm Post subject: Cost to build to date |
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Montana...I think I like Montana...
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