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indigoonlatigo(at)msn.com Guest
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Posted: Wed Jul 21, 2010 7:41 am Post subject: Resale on RV 10 |
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I happen to look through a recent Trade a Plane paper and noticed two very low time( under 200 hrs)RV10s for sale. Both had IO 540s and at least one had a three blade MT prop. They had a good instrument cluster, paint and looked finished.
I was quite surprised at the low asking prices, one was 178k and the other was around 180K. For such low hours, unknown whether these are rebuilt engines, I found it a little depressing. I have about 160K into my plane and sparce instrumentation. I built it for the mission, have no other desires and I am very please with the results. I am almost finished. If I sold for 20K over cost, and I have nearly 2300hours on a QB wing and Fuse, of course I made mods that make it not too stock, I would have paid myself eight dollars an hour.
I know the market is depressed, but!
I guess I will have to believe I am comparing apples and oranges. My highest paid employee in the dental office gets paid a little over four times that amount.
What's up!
JOhn Gonzalez 409, engine sensor connections
[quote][b]
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Strasnuts
Joined: 10 Feb 2009 Posts: 502 Location: Salt Lake City, UT
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Posted: Wed Jul 21, 2010 7:57 am Post subject: Resale on RV 10 |
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I too am surprised at low sale values on RV-10's. To find a comparable new aircraft you would spend around 300+. I guess the whole amateur built thing doesn't help. Knowing what I know now, I would not be hesitant to buy a used RV-10 because they are such a good buy. After building one (not done yet) it would be easy to see if the build was subpar. So I think it is only education to the buyer that is needed to get the resale higher.
[quote] ---
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_________________ 40936
RV-10 SB N801VR Flying
780 Hours
SuperSTOL 60 hours |
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Tim Olson
Joined: 25 Jan 2007 Posts: 2872
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Posted: Wed Jul 21, 2010 8:04 am Post subject: Resale on RV 10 |
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Yep, that's the depressed market. We're probably at the point now
where our planes are worth just what we paid, and nothing for
the labor...since they're only worth what someone can/will pay.
Combine that with the fact that with 300 flying, RV-10's are
now common enough that if you want one, there are some you
can buy....it's not like 10 people are shopping and there's only
1 plane to purchase. Add in that many builders built theirs
to sell, so it brought prices down by increasing supply.
Now, if they end up having the 100LL issue, then what MAY
end up being more valuable are carbureted O-540 RV-10's
with 8:1 pistons, since lower compression might keep
those planes flying on Premium Auto fuel.
But, I know I said it long ago and others have too...you're
building this plane for YOU, and if you fly it and keep
it and maintain it, it should treat you nice and help keep
your costs lower than if you bought something "off the shelf".
Tim Olson - RV-10 N104CD
do not archive
On 7/21/2010 10:38 AM, John Gonzalez wrote:
Quote: | I happen to look through a recent Trade a Plane paper and noticed two
very low time( under 200 hrs)RV10s for sale. Both had IO 540s and at
least one had a three blade MT prop. They had a good instrument cluster,
paint and looked finished.
I was quite surprised at the low asking prices, one was 178k and the
other was around 180K. For such low hours, unknown whether these are
rebuilt engines, I found it a little depressing. I have about 160K into
my plane and sparce instrumentation. I built it for the mission, have no
other desires and I am very please with the results. I am almost
finished. If I sold for 20K over cost, and I have nearly 2300hours on a
QB wing and Fuse, of course I made mods that make it not too stock, I
would have paid myself eight dollars an hour.
I know the market is depressed, but!
I guess I will have to believe I am comparing apples and oranges. My
highest paid employee in the dental office gets paid a little over four
times that amount.
*What's up!*
JOhn Gonzalez 409, engine sensor connections
*
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bkbrown(at)minetfiber.com Guest
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Posted: Wed Jul 21, 2010 8:40 am Post subject: Resale on RV 10 |
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John, welcome to the world of experimental aviation where we build to learn. Very rarely will you ever see a homebuilt sell for what’s into it, especially one that’s been flown a bit (not “spec” built). I have almost 100K into my RV7A and I’m sure there’s no way I could sell it for anything near that with 300 hrs on it. Our RV10 will be the same way, we’ll have 200K into it the day its done, and even with G900, new engine and prop etc…the market won’t pay me a cent for my labor…
But we have nice airplanes and that’s what its about.
Bob Brown
40871
fwf
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of John Gonzalez
Sent: Wednesday, July 21, 2010 8:39 AM
To: RV 10 group
Subject: Resale on RV 10
I happen to look through a recent Trade a Plane paper and noticed two very low time( under 200 hrs)RV10s for sale. Both had IO 540s and at least one had a three blade MT prop. They had a good instrument cluster, paint and looked finished.
I was quite surprised at the low asking prices, one was 178k and the other was around 180K. For such low hours, unknown whether these are rebuilt engines, I found it a little depressing. I have about 160K into my plane and sparce instrumentation. I built it for the mission, have no other desires and I am very please with the results. I am almost finished. If I sold for 20K over cost, and I have nearly 2300hours on a QB wing and Fuse, of course I made mods that make it not too stock, I would have paid myself eight dollars an hour.
I know the market is depressed, but!
I guess I will have to believe I am comparing apples and oranges. My highest paid employee in the dental office gets paid a little over four times that amount.
What's up!
JOhn Gonzalez 409, engine sensor connections Quote: | http://www.matronics.com/Navigator?RV10-List | 0123456789
[quote][b]
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jchang10
Joined: 05 Jul 2006 Posts: 227
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Posted: Wed Jul 21, 2010 9:19 am Post subject: Resale on RV 10 |
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I sure wish someone had explained the birds and the bees to me 6
years ago. It sure sounded like fun back then, but now upon hearing even
this news, makes me wonder what kind of insanity i inflicted upon
myself. I will gladly save them some sanity, and tell them to buy a
flying aircraft, like most other sane people do!
Jae
40533 still
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_________________ #40533 RV-10
First flight 10/19/2011
Phase 1 Done 11/26/2011 |
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Deems Davis
Joined: 09 Jan 2006 Posts: 925
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Posted: Wed Jul 21, 2010 9:42 am Post subject: Resale on RV 10 |
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I can see another primer war on the horizon.....
Deems - packing up the money sucking monster for another excursion to
fulfill a dream - Davis
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Tim Olson
Joined: 25 Jan 2007 Posts: 2872
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Posted: Wed Jul 21, 2010 9:49 am Post subject: Resale on RV 10 |
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Ahhh, but then it isn't such a bargain for the buyer.
If YOU build it, and YOU keep it, YOU are the repair person
and you don't have to pay gobs of money for maintenance
on it....and YOU have the skills to rebuild any banged
up parts from hangar rash, and so on. But if someone
else buys it, they're going to have annual inspection costs,
and many buyers won't have the skill to build parts
and save money, and they'll pay for maintenance. I could
have saved a ton of money on the actual airplane if I
had just bought a used Bonanza, and they're nice planes.
But you'll not only get as good or better performance, but
lower maintenance costs, if you build...plus, it's a zero-timed
airframe, which is worth a lot in itself.
Tim Olson - RV-10 N104CD
do not archive
On 7/21/2010 12:14 PM, Jae Chang wrote:
Quote: |
I sure wish someone had explained the birds and the bees to me 6 years
ago. It sure sounded like fun back then, but now upon hearing even this
news, makes me wonder what kind of insanity i inflicted upon myself. I
will gladly save them some sanity, and tell them to buy a flying
aircraft, like most other sane people do!
Jae
40533 still
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kearney
Joined: 20 Sep 2008 Posts: 563
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Posted: Wed Jul 21, 2010 9:50 am Post subject: Resale on RV 10 |
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Jae
It is the journey not the destination that makes building fun (albeit
frustrating at times). I am having a wonderful time turning AL into scrap,
epoxy into dust while watching my hair grow greyer. No second thoughts here
(at least today!).
Cheers
Les
#40643 - Off to KOSH in 2 days
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partner14
Joined: 12 Jan 2008 Posts: 540 Location: Granbury Texas
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Posted: Wed Jul 21, 2010 9:54 am Post subject: Resale on RV 10 |
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I can't believe what I'm hearing.... sorry guys, I thought we built the airplane to not only experience the build, but to fly it.... for many years. No one could have told me how much I was going to enjoy the build, coupled with the satisfaction and special feelings that you have when it finally flies. This should go down as one of ones best lifetime achievements and so much to be proud of. Then as a bonus, we have the opportunity to be part of an extended family. Hate to think I'd buy the house of my dreams and then sit around and worry about it's FMV.
Sorry, I guess that's my 4 cents worth.
Don McDonald
Now living in a great airpark and flying an unbelievable plane.
--- On Wed, 7/21/10, Jae Chang <jc-matronics_rv10(at)jline.com> wrote:
Quote: |
From: Jae Chang <jc-matronics_rv10(at)jline.com>
Subject: Re: Resale on RV 10
To: rv10-list(at)matronics.com
Date: Wednesday, July 21, 2010, 10:14 AM
--> RV10-List message posted by: Jae Chang <jc-matronics_rv10(at)jline.com (jc-matronics_rv10(at)jline.com)>
I sure wish someone had explained the birds and the bees to me 6 years ago. It sure sounded like fun back then, but now upon hearing even this news, makes me wonder what kind of insanity i inflicted upon myself. I will gladly save them some sanity, and tell them to buy a flying aircraft, like most other sane people do!
Jae
4.matronics.com/Navigator?RV10-List" target=_blank>http://www.matronics.co========================
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[quote][b]
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_________________ Don A. McDonald
40636 |
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Strasnuts
Joined: 10 Feb 2009 Posts: 502 Location: Salt Lake City, UT
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Posted: Wed Jul 21, 2010 9:57 am Post subject: Resale on RV 10 |
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I concur...If my shop burned down I would find a way to order another as
soon as I can with a smile on my face : )
---
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_________________ 40936
RV-10 SB N801VR Flying
780 Hours
SuperSTOL 60 hours |
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Robin(at)PaintTheWeb.com Guest
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Posted: Wed Jul 21, 2010 10:21 am Post subject: Resale on RV 10 |
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And don’t forget the modern avionics.
Your choice is this (at best):
[img]cid:image001.jpg(at)01CB28C4.6D0FBC80[/img]
Or this:
[img]cid:image004.jpg(at)01CB28C6.71573F50[/img]
I have a certified 6 place plane that I spent $3,800 on an Auto Pilot repair less than 90 flight hours ago. The AP is now DOA. If I were to have it repaired again it COULD be closer to $12,000. How long can I expect that to last? Who knows but with OBAM and the products available to the Experimental market you will spend less and have better performance riding in all new hardware rather than something well over 30 years old.
By the way I am selling a certified plane at the end of this week for just under $100K that I have over $170K “invested”. The RV-10 is looking like a better value every day. If you take the long view of a plane built for $200K, flown for 10 years and sold for $165K that equates to a $292 base monthly cost. Not free but not bad either. If you buy a $200K Bentley and drive it sparingly for 10 years it may be worth $50K that is why I have sworn off of any more Bentley’s. J
To Tim’s point of professional builders driving down the price of -10’s in the used market place. I suspect the “professional builders” will build one or maybe two before they come to the same conclusion; “I am earning minimum wage” while having a lot of $ wrapped in the plane.
Flying a plane you build and maintain: PRICELESS
Robin
Do Not Archive
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Tim Olson
Joined: 25 Jan 2007 Posts: 2872
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Posted: Wed Jul 21, 2010 10:35 am Post subject: Resale on RV 10 |
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Amen Brother! You said it.
Tim Olson - RV-10 N104CD
do not archive
On 7/21/2010 12:52 PM, Don McDonald wrote:
Quote: | I can't believe what I'm hearing.... sorry guys, I thought we built the
airplane to not only experience the build, but to fly it.... for many
years. No one could have told me how much I was going to enjoy the
build, coupled with the satisfaction and special feelings that you have
when it finally flies. This should go down as one of ones best lifetime
achievements and so much to be proud of. Then as a bonus, we have the
opportunity to be part of an extended family. Hate to think I'd buy the
house of my dreams and then sit around and worry about it's FMV.
Sorry, I guess that's my 4 cents worth.
Don McDonald
Now living in a great airpark and flying an unbelievable plane.
--- On *Wed, 7/21/10, Jae Chang /<jc-matronics_rv10(at)jline.com>/* wrote:
From: Jae Chang <jc-matronics_rv10(at)jline.com>
Subject: Re: Resale on RV 10
To: rv10-list(at)matronics.com
Date: Wednesday, July 21, 2010, 10:14 AM
<jc-matronics_rv10(at)jline.com
<http://us.mc537.mail.yahoo.com/mc/compose?to=jc-matronics_rv10(at)jline.com>>
I sure wish someone had explained the birds and the bees to me 6
years ago. It sure sounded like fun back then, but now upon hearing
even this news, makes me wonder what kind of insanity i inflicted
upon myself. I will gladly save them some sanity, and tell them to
buy a flying aircraft, like most other sane people do!
Jae
4.matronics.com/Navigator?RV10-List"
target=_blank>http://www.matronics.co========================
*
*
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aerosport1
Joined: 07 Nov 2007 Posts: 231
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Posted: Wed Jul 21, 2010 10:54 am Post subject: Resale on RV 10 |
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Well said Don and Robin.
Building and Flying a airplane you built has always been my dream. And every
time I fly my Rv-10 my grin gets bigger. I had so much fun building and the
best thing was meeting all the people building and flying there RV-10s. New
friends for life what can be better.
Geoff
Geoff Combs
President
Aerosport Modeling & Design
8090 Howe Industrial Parkway
Canal Winchester, Ohio 43110
614-834-5227p
614-834-5230f
www.aerosportmodeling.com
--
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_________________ Geoff Combs
RV-10 QB N829GW
Flying 500 hrs
40033 |
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AV8ORJWC
Joined: 13 Jul 2006 Posts: 1149 Location: Aurora, Oregon "Home of VANS"
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Posted: Wed Jul 21, 2010 10:54 am Post subject: Resale on RV 10 |
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Since the beginning of time, when Randy first rolled out #40006, I have kept a database of every listed, sold and rescended RV-10 that passed over the net. Some can slip by but not many. Boy do I have a lot of pictures of finished ones. It has been enlightening to say the least to see the number of non(yet to be licensed) pilots, RC pilots, and First Time offenders who have taken the plunge... Successfully. And yes, I was onboard back in the day of James McClow and his progress to that point.
It has been amazing at the number of flying RV-10s that go "Listed" shortly after the build is complete. I do not believe it is about the lousy fiberglass fabbed parts. I do conclude it is the "Walter Mitty" in all of us. Flying all over the US to do EAA Tech Inspections I get to see the good, the bad, the ugly and occassionally the exceptional build one . Some guys are just skilled at caressing rivets. Others are great at fabrication of carbon-fiber, avionics and ingenious improvements for the rest of us. Some just have a pot of money to spend in the happiness of life's pursuits.
For me, the RV-10 is a 21st Century Commanche with the perks of having "The Pride of Owner Built and Maintained". Tim's site had a lot to do with the progress, ideas, motivation and what to do to tackle what initially seemed in-surmountable. My last annual on a Beech B-95 Travel Air confirmed that any RV-10 is better than any certificated production aircraft (yes even a Cirrus).
The marketplace has taken a major hit in the last five years. Financial Markets reflect it and we are now postured to see a rebirth or resurgence of activity. There have been too many soles lost, there can always be improvements to what we do. The current pricing reflects natural economic forces. Supply/Demand/Risk/Profit. For those waivering, STAY THE COURSE. A less than completed kit is worth far less than the cost of just the parts. The finished product is almost always worth more. The accomplishment cannot be priced. Take a moment and ask a repeat offender "Why?" Surround yourselves with positive influences and share the journey with others. Too quickly we forget our friend from Muscle Shoals who was doing quite well producing them in volume. They are just a great all around project.
If I began with all the names of friends, techniques learned, smiles encountered I would be even more verbose. I am going to miss the Colliver's this week and wish them the best when they finally do cross the pond.
This is a fine group of the best builders in the OBAM market - Worldwide. Keep the faith. The RV-10 has moved far beyond the niche market of a Lancair, an Epic, a GlaStar or other model VANS. The beers will be on me at Camp Swampy. See ya all in 2 days.
Oh yeh and those beautiful ole DC-3s. Bring the "Big One ON!"
John Cox
From: Tim Olson
Sent: Wed 7/21/2010 9:02 AM
To: rv10-list(at)matronics.com
Subject: Re: Resale on RV 10
[quote]--> RV10-List message posted by: Tim Olson mailto:Tim(at)myrv10.com%3EYep,%20that's%20the%20depressed%20market.%20%20We're%20probably%20at%20the%20point%20nowwhere%20our%20planes%20are%20worth%20just%20what%20we%20paid,%20and%20nothing%20forthe%20labor...since%20they're%20only%20worth%20what%20someone%20can/will%20pay.Combine%20that%20with%20the%20fact%20that%20with%20300%20flying,%20RV-10's%20arenow%20common%20enough%20that%20if%20you%20want%20one,%20there%20are%20some%20youcan%20buy....it's%20not%20like%2010%20people%20are%20shopping%20and%20there's%20only1%20plane%20to%20purchase.%20Add%20in%20that%20many%20builders%20built%20theirsto%20sell,%20so%20it%20brought%20prices%20down%20by%20increasing%20supply.Now,%20if%20they%20end%20up%20having%20the%20100LL%20issue,%20then%20what%20MAYend%20up%20being%20more%20valuable%20are%20carbureted%20O-540%20RV-10'swith%208:1%20pistons,%20since%20lower%20compression%20might%20keepthose%20planes%20flying%20on%20Premium%20Auto%20fuel.But,%20I%20know%20I%20said%20it%20long%20ago%20and%20others%20have%20too...you'rebuilding%20this%20plane%20for%20YOU,%20and%20if%20you%20fly%20it%20and%20keepit%20and%20maintain%20it,%20it%20should%20treat%20you%20nice%20and%20help%20keepyour%20costs%20lower%20than%20if%20you%20bought%20something%20%22off%20the%20shelf%22.Tim%20Olson%20-%20RV-10%20N104CDdo%20not%20archiveOn%207/21/2010%2010:38%20AM,%20John%20Gonzalez%20wrote: ([email]Tim(at)myrv10.com%3EYep,%20that\'s%20the%20depressed%20market.%20%20We\'re%20probably%20at%20the%20point%20nowwhere%20our%20planes%20are%20worth%20just%20what%20we%20paid,%20and%20nothing%20forthe%20labor...since%20they\'re%20only%20worth%20what%20someone%20can/will%20pay.Combine%20that%20with%20the%20fact%20that%20with%20300%20flying,%20RV-10\'s%20arenow%20common%20enough%20that%20if%20you%20want%20one,%20there%20are%20some%20youcan%20buy....it\'s%20not%20like%2010%20people%20are%20shopping%20and%20there\'s%20only1%20plane%20to%20purchase.%20Add%20in%20that%20many%20builders%20built%20theirsto%20sell,%20so%20it%20brought%20prices%20down%20by%20increasing%20supply.Now,%20if%20they%20end%20up%20having%20the%20100LL%20issue,%20then%20what%20MAYend%20up%20being%20more%20valuable%20are%20carbureted%20O-540%20RV-10\'swith%208:1%20pistons,%20since%20lower%20compression%20might%20keepthose%20planes%20flying%20on%20Premium%20Auto%20fuel.But,%20I%20know%20I%20said%20it%20long%20ago%20and%20others%20have%20too...you\'rebuilding%20this%20plane%20for%20YOU,%20and%20if%20you%20fly%20it%20and%20keepit%20and%20maintain%20it,%20it%20should%20treat%20you%20nice%20and%20help%20keepyour%20costs%20lower%20than%20if%20you%20bought%20something%20%22off%20the%20shelf%22.Tim%20Olson%20-%20RV-10%20N104CDdo%20not%20archiveOn%207/21/2010%2010:38%20AM,%20John%20Gonzalez%20wrote:[/email])
Quote: | *What's up!*
JOhn Gonzalez 409, engine sensor connections
*
*
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rv10builder(at)verizon.ne Guest
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Posted: Wed Jul 21, 2010 11:03 am Post subject: Resale on RV 10 |
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I'll add that one could get a Cirrus Xi but it still would never meet the customizing level we have with our planes and never even come close to price.
I'm with Don, the enjoyment I have received building this plane has surpassed any other accomplishment I have done in the past. The satisfaction of knowing this plane is exactly the way I designed it to look and be is worth all the work and burnout's I go through. I'll be even more glad that I know this plane so well that I can save a whole lot of money doing my own work.. and knowing the engine or the crossed cables wont fail after an annual since I know what "I" did to assure that..
The day the FAA takes that privilege away from a builder will be a sad day indeed..
As long as the plane sits in the garage waiting for more customizing, prices out there mean nothing, when I go to register the plane, comparable pricing will be everything when the California taxman cometh, shame that the plane isn't ready yet. When I go to sell it than it will be important, until than let the economy make my purchases that much more "affordable".
Pascal
From: Don McDonald (building_partner(at)yahoo.com)
Sent: Wednesday, July 21, 2010 10:52 AM
To: rv10-list(at)matronics.com (rv10-list(at)matronics.com)
Subject: Re: Resale on RV 10
I can't believe what I'm hearing.... sorry guys, I thought we built the airplane to not only experience the build, but to fly it.... for many years. No one could have told me how much I was going to enjoy the build, coupled with the satisfaction and special feelings that you have when it finally flies. This should go down as one of ones best lifetime achievements and so much to be proud of. Then as a bonus, we have the opportunity to be part of an extended family. Hate to think I'd buy the house of my dreams and then sit around and worry about it's FMV.
Sorry, I guess that's my 4 cents worth.
Don McDonald
Now living in a great airpark and flying an unbelievable plane.
--- On Wed, 7/21/10, Jae Chang <jc-matronics_rv10(at)jline.com> wrote:
Quote: |
From: Jae Chang <jc-matronics_rv10(at)jline.com>
Subject: Re: RV10-List: Resale on RV 10
To: rv10-list(at)matronics.com
Date: Wednesday, July 21, 2010, 10:14 AM
--> RV10-List message posted by: Jae Chang <jc-matronics_rv10(at)jline.com (jc-matronics_rv10(at)jline.com)>
I sure wish someone had explained the birds and the bees to me 6 years ago. It sure sounded like fun back then, but now upon hearing even this news, makes me wonder what kind of insanity i inflicted upon myself. I will gladly save them some sanity, and tell them to buy a flying aircraft, like most other sane people do!
Jae
4.matronics.com/Navigator?RV10-List" target=_blank>http://www.matronics.co========================
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href="http://www.matronics.com/Navigator?RV10-List">http://www.matronics.com/Navigator?RV10-List
href="http://forums.matronics.com">http://forums.matronics.com
href="http://www.matronics.com/contribution">http://www.matronics.com/c
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woodsie
Joined: 09 Mar 2010 Posts: 18 Location: New Zealand
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Posted: Wed Jul 21, 2010 11:18 am Post subject: Resale on RV 10 |
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My 3 boys and I just finished our vertical stabiliser and man, we are pretty proud of that. We all just sat back and looked at this shiny piece of aluminium and thought - cool! we just built part of an aeroplane! It is one of the first things we have done together that actually has them scrambling to ditch the playstation and get on the tools when Dad gets home. Wouldn’t trade it for anything.
Tony Woods
Bring on the Rudder!
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of John Cox
Sent: Thursday, 22 July 2010 6:54 a.m.
To: rv10-list(at)matronics.com
Subject: RE: Resale on RV 10
Since the beginning of time, when Randy first rolled out #40006, I have kept a database of every listed, sold and rescended RV-10 that passed over the net. Some can slip by but not many. Boy do I have a lot of pictures of finished ones. It has been enlightening to say the least to see the number of non(yet to be licensed) pilots, RC pilots, and First Time offenders who have taken the plunge... Successfully. And yes, I was onboard back in the day of James McClow and his progress to that point.
It has been amazing at the number of flying RV-10s that go "Listed" shortly after the build is complete. I do not believe it is about the lousy fiberglass fabbed parts. I do conclude it is the "Walter Mitty" in all of us. Flying all over the US to do EAA Tech Inspections I get to see the good, the bad, the ugly and occassionally the exceptional build one . Some guys are just skilled at caressing rivets. Others are great at fabrication of carbon-fiber, avionics and ingenious improvements for the rest of us. Some just have a pot of money to spend in the happiness of life's pursuits.
For me, the RV-10 is a 21st Century Commanche with the perks of having "The Pride of Owner Built and Maintained". Tim's site had a lot to do with the progress, ideas, motivation and what to do to tackle what initially seemed in-surmountable. My last annual on a Beech B-95 Travel Air confirmed that any RV-10 is better than any certificated production aircraft (yes even a Cirrus).
The marketplace has taken a major hit in the last five years. Financial Markets reflect it and we are now postured to see a rebirth or resurgence of activity. There have been too many soles lost, there can always be improvements to what we do. The current pricing reflects natural economic forces. Supply/Demand/Risk/Profit. For those waivering, STAY THE COURSE. A less than completed kit is worth far less than the cost of just the parts. The finished product is almost always worth more. The accomplishment cannot be priced. Take a moment and ask a repeat offender "Why?" Surround yourselves with positive influences and share the journey with others. Too quickly we forget our friend from Muscle Shoals who was doing quite well producing them in volume. They are just a great all around project.
If I began with all the names of friends, techniques learned, smiles encountered I would be even more verbose. I am going to miss the Colliver's this week and wish them the best when they finally do cross the pond.
This is a fine group of the best builders in the OBAM market - Worldwide. Keep the faith. The RV-10 has moved far beyond the niche market of a Lancair, an Epic, a GlaStar or other model VANS. The beers will be on me at Camp Swampy. See ya all in 2 days.
Oh yeh and those beautiful ole DC-3s. Bring the "Big One ON!"
John Cox
From: Tim Olson
Sent: Wed 7/21/2010 9:02 AM
To: rv10-list(at)matronics.com
Subject: Re: Resale on RV 10
Quote: | --> RV10-List message posted by: Tim Olson mailto:Tim(at)myrv10.com%3EYep,%20that's%20the%20depressed%20market.%20%20We're%20probably%20at%20the%20point%20nowwhere%20our%20planes%20are%20worth%20just%20what%20we%20paid,%20and%20nothing%20forthe%20labor...since%20they're%20only%20worth%20what%20someone%20can/will%20pay.Combine%20that%20with%20the%20fact%20that%20with%20300%20flying,%20RV-10's%20arenow%20common%20enough%20that%20if%20you%20want%20one,%20there%20are%20some%20youcan%20buy....it's%20not%20like%2010%20people%20are%20shopping%20and%20there's%20only1%20plane%20to%20purchase.%20Add%20in%20that%20many%20builders%20built%20theirsto%20sell,%20so%20it%20brought%20prices%20down%20by%20increasing%20supply.Now,%20if%20they%20end%20up%20having%20the%20100LL%20issue,%20then%20what%20MAYend%20up%20being%20more%20valuable%20are%20carbureted%20O-540%20RV-10'swith%208:1%20pistons,%20since%20lower%20compression%20might%20keepthose%20planes%20flying%20on%20Premium%20Auto%20fuel.But,%20I%20know%20I%20said%20it%20long%20ago%20and%20others%20have%20too...you'rebuilding%20this%20plane%20for%20YOU,%20and%20if%20you%20fly%20it%20and%20keepit%20and%20maintain%20it,%20it%20should%20treat%20you%20nice%20and%20help%20keepyour%20costs%20lower%20than%20if%20you%20bought%20something%20%22off%20the%20shelf%22.Tim%20Olson%20-%20RV-10%20N104CDdo%20not%20archiveOn%207/21/2010%2010:38%20AM,%20John%20Gonzalez%20wrote:> *What's up!*> > JOhn Gonzalez 409, engine sensor connections> > *> > > * > *What's up!* | 012
34567890123456789 Quote: | > JOhn Gonzalez 409, engine sensor connections | 0 Quote: | > JOhn Gonzalez 409, engine sensor connections | 1 Quote: | > JOhn Gonzalez 409, engine sensor connections | 2
[quote][b]
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_________________ Woodsie
waiting for Empennage to arrive |
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rv10builder(at)verizon.ne Guest
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Posted: Wed Jul 21, 2010 11:38 am Post subject: Resale on RV 10 |
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One section at a time and each time there is the same level of satisfaction when completed.
Just wait until you get to the composites, they'll be scrambling alright!!
Pascal
From: Tony Woods (twoods(at)sesa.af)
Sent: Wednesday, July 21, 2010 12:16 PM
To: rv10-list(at)matronics.com (rv10-list(at)matronics.com)
Subject: RE: Resale on RV 10
My 3 boys and I just finished our vertical stabiliser and man, we are pretty proud of that. We all just sat back and looked at this shiny piece of aluminium and thought - cool! we just built part of an aeroplane! It is one of the first things we have done together that actually has them scrambling to ditch the playstation and get on the tools when Dad gets home. Wouldn’t trade it for anything.
Tony Woods
Bring on the Rudder!
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of John Cox
Sent: Thursday, 22 July 2010 6:54 a.m.
To: rv10-list(at)matronics.com
Subject: RE: Resale on RV 10
Since the beginning of time, when Randy first rolled out #40006, I have kept a database of every listed, sold and rescended RV-10 that passed over the net. Some can slip by but not many. Boy do I have a lot of pictures of finished ones. It has been enlightening to say the least to see the number of non(yet to be licensed) pilots, RC pilots, and First Time offenders who have taken the plunge... Successfully. And yes, I was onboard back in the day of James McClow and his progress to that point.
It has been amazing at the number of flying RV-10s that go "Listed" shortly after the build is complete. I do not believe it is about the lousy fiberglass fabbed parts. I do conclude it is the "Walter Mitty" in all of us. Flying all over the US to do EAA Tech Inspections I get to see the good, the bad, the ugly and occassionally the exceptional build one . Some guys are just skilled at caressing rivets. Others are great at fabrication of carbon-fiber, avionics and ingenious improvements for the rest of us. Some just have a pot of money to spend in the happiness of life's pursuits.
For me, the RV-10 is a 21st Century Commanche with the perks of having "The Pride of Owner Built and Maintained". Tim's site had a lot to do with the progress, ideas, motivation and what to do to tackle what initially seemed in-surmountable. My last annual on a Beech B-95 Travel Air confirmed that any RV-10 is better than any certificated production aircraft (yes even a Cirrus).
The marketplace has taken a major hit in the last five years. Financial Markets reflect it and we are now postured to see a rebirth or resurgence of activity. There have been too many soles lost, there can always be improvements to what we do. The current pricing reflects natural economic forces. Supply/Demand/Risk/Profit. For those waivering, STAY THE COURSE. A less than completed kit is worth far less than the cost of just the parts. The finished product is almost always worth more. The accomplishment cannot be priced. Take a moment and ask a repeat offender "Why?" Surround yourselves with positive influences and share the journey with others. Too quickly we forget our friend from Muscle Shoals who was doing quite well producing them in volume. They are just a great all around project.
If I began with all the names of friends, techniques learned, smiles encountered I would be even more verbose. I am going to miss the Colliver's this week and wish them the best when they finally do cross the pond.
This is a fine group of the best builders in the OBAM market - Worldwide. Keep the faith. The RV-10 has moved far beyond the niche market of a Lancair, an Epic, a GlaStar or other model VANS. The beers will be on me at Camp Swampy. See ya all in 2 days.
Oh yeh and those beautiful ole DC-3s. Bring the "Big One ON!"
John Cox
From: Tim Olson
Sent: Wed 7/21/2010 9:02 AM
To: rv10-list(at)matronics.com
Subject: Re: Resale on RV 10
Quote: | --> RV10-List message posted by: Tim Olson mailto:Tim(at)myrv10.com%3EYep,%20that's%20the%20depressed%20market.%20%20We're%20probably%20at%20the%20point%20nowwhere%20our%20planes%20are%20worth%20just%20what%20we%20paid,%20and%20nothing%20forthe%20labor...since%20they're%20only%20worth%20what%20someone%20can/will%20pay.Combine%20that%20with%20the%20fact%20that%20with%20300%20flying,%20RV-10's%20arenow%20common%20enough%20that%20if%20you%20want%20one,%20there%20are%20some%20youcan%20buy....it's%20not%20like%2010%20people%20are%20shopping%20and%20there's%20only1%20plane%20to%20purchase.%20Add%20in%20that%20many%20builders%20built%20theirsto%20sell,%20so%20it%20brought%20prices%20down%20by%20increasing%20supply.Now,%20if%20they%20end%20up%20having%20the%20100LL%20issue,%20then%20what%20MAYend%20up%20being%20more%20valuable%20are%20carbureted%20O-540%20RV-10'swith%208:1%20pistons,%20since%20lower%20compression%20might%20keepthose%20planes%20flying%20on%20Premium%20Auto%20fuel.But,%20I%20know%20I%20said%20it%20long%20ago%20and%20others%20have%20too...you'rebuilding%20this%20plane%20for%20YOU,%20and%20if%20you%20fly%20it%20and%20keepit%20and%20maintain%20it,%20it%20should%20treat%20you%20nice%20and%20help%20keepyour%20costs%20lower%20than%20if%20you%20bought%20something%20%22off%20the%20shelf%22.Tim%20Olson%20-%20RV-10%20N104CDdo%20not%20archiveOn%207/21/2010%2010:38%20AM,%20John%20Gonzalez%20wrote: ([email]Tim(at)myrv10.com%3EYep,%20that\'s%20the%20depressed%20market.%20%20We\'re%20probably%20at%20the%20point%20nowwhere%20our%20planes%20are%20worth%20just%20what%20we%20paid,%20and%20nothing%20forthe%20labor...since%20they\'re%20only%20worth%20what%20someone%20can/will%20pay.Combine%20that%20with%20the%20fact%20that%20with%20300%20flying,%20RV-10\'s%20arenow%20common%20enough%20that%20if%20you%20want%20one,%20there%20are%20some%20youcan%20buy....it\'s%20not%20like%2010%20people%20are%20shopping%20and%20there\'s%20only1%20plane%20to%20purchase.%20Add%20in%20that%20many%20builders%20built%20theirsto%20sell,%20so%20it%20brought%20prices%20down%20by%20increasing%20supply.Now,%20if%20they%20end%20up%20having%20the%20100LL%20issue,%20then%20what%20MAYend%20up%20being%20more%20valuable%20are%20carbureted%20O-540%20RV-10\'swith%208:1%20pistons,%20since%20lower%20compression%20might%20keepthose%20planes%20flying%20on%20Premium%20Auto%20fuel.But,%20I%20know%20I%20said%20it%20long%20ago%20and%20others%20have%20too...you\'rebuilding%20this%20plane%20for%20YOU,%20and%20if%20you%20fly%20it%20and%20keepit%20and%20maintain%20it,%20it%20should%20treat%20you%20nice%20and%20help%20keepyour%20costs%20lower%20than%20if%20you%20bought%20something%20%22off%20the%20shelf%22.Tim%20Olson%20-%20RV-10%20N104CDdo%20not%20archiveOn%207/21/2010%2010:38%20AM,%20John%20Gonzalez%20wrote:[/email])> *What's up!*> > JOhn Gonzalez 409, engine sensor connections> > *> > > * > *What's up!* | 012
34567890123456789 Quote: | > JOhn Gonzalez 409, engine sensor connections | 0 Quote: | > JOhn Gonzalez 409, engine sensor connections | 1 Quote: | > JOhn Gonzalez 409, engine sensor connections | 2
Quote: | > JOhn Gonzalez 409, engine sensor connections | 3 [quote][b]
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jchang10
Joined: 05 Jul 2006 Posts: 227
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Kellym
Joined: 10 Jan 2006 Posts: 1705 Location: Sun Lakes AZ
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Posted: Thu Jul 29, 2010 5:12 pm Post subject: Resale on RV 10 |
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Hmm,
RE: the fuel issue.....I don't see any carbureted models with lower than
8.5:1 except a few 235hp models with 7.2 compression. Perhaps that is
what you were referring to.
I suppose some may consider it a fuel issue, but the 4 cyl models with
8.5 compression such as the 180hp fly just fine on premium mogas, IF the
airframe has no issues and the fuel is mostly ethanol free, so don't see
any reason why 2 more cyl at same compression should change that.
On 7/21/2010 9:02 AM, Tim Olson wrote:
Quote: |
Now, if they end up having the 100LL issue, then what MAY
end up being more valuable are carbureted O-540 RV-10's
with 8:1 pistons, since lower compression might keep
those planes flying on Premium Auto fuel.
But, I know I said it long ago and others have too...you're
building this plane for YOU, and if you fly it and keep
it and maintain it, it should treat you nice and help keep
your costs lower than if you bought something "off the shelf".
Tim Olson - RV-10 N104CD
do not archive
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_________________ Kelly McMullen
A&P/IA, EAA Tech Counselor # 5286
KCHD |
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pitts_pilot(at)bellsouth. Guest
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Posted: Thu Jul 29, 2010 5:20 pm Post subject: Resale on RV 10 |
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Right on Kelly. I run the crap out of my O-360 in my Pitts ..... on
premium mogas. Regular works OK as long as I don't get real wild. Had
to go back to 100 Lotsa Lead because of the ethanol. Not sure if the
PS-5 carb will tolerate the ethanol which is the only weak spot (ethanol
wise) in the fuel system. All the old Aeroquip rubber hoses have been
changed to the braided teflon so no issues there.
Linn
Kelly McMullen wrote:
Quote: |
Hmm,
RE: the fuel issue.....I don't see any carbureted models with lower
than 8.5:1 except a few 235hp models with 7.2 compression. Perhaps
that is what you were referring to.
I suppose some may consider it a fuel issue, but the 4 cyl models with
8.5 compression such as the 180hp fly just fine on premium mogas, IF
the airframe has no issues and the fuel is mostly ethanol free, so
don't see any reason why 2 more cyl at same compression should change
that.
On 7/21/2010 9:02 AM, Tim Olson wrote:
>
> Now, if they end up having the 100LL issue, then what MAY
> end up being more valuable are carbureted O-540 RV-10's
> with 8:1 pistons, since lower compression might keep
> those planes flying on Premium Auto fuel.
>
> But, I know I said it long ago and others have too...you're
> building this plane for YOU, and if you fly it and keep
> it and maintain it, it should treat you nice and help keep
> your costs lower than if you bought something "off the shelf".
>
> Tim Olson - RV-10 N104CD
> do not archive
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