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RV6, RV7 or something else?
I am still in the early stages of planning my next aircraft purchase. I initially thought that I would go with an RV6 as it checks most of the boxes but I was somewhat disappointed to learn of it?s limiting aerobatic gross weight. I then turned to the RV7 but it seems to be limited by a substantially higher purchase price versus the 6 Although I do not have a lot of data points on the 7. So far I?m only seeing very well equipped IFR 7s for sale. What price should I expect to pay for a well built but basic VFR, fixed pitch RV7?
The mission for this plane is going to be weekend sport flying, basic sport aerobatics & occasional cross country for work when VFR prevails. The configuration needs to be side-by-side as I have a child who I would like to keep a very close eye / hand on in the cockpit. I was hoping to have enough money left over after this purchase to partner up on a ?family plane? so we can all fly together occasionally. Perhaps I could should consider partnering up on a more capable aerobatic plane and purchasing the family cruiser... First order of business is to figure out what I should expect to pay for a basic VFR 7 if there is anyone who can help give me a range that would be fantastic. Thx |
Just a data point for you. I have my -7A insured for 90k. If someone offered me 100k, I'd probably turn it down.
It is still unpainted but has a nice Dynon panel with AP, dual AD-AHRS, SV1000T screens, each with a backup battery and dual GPS receivers. Single VHF COM. Lots of other details in my signature. |
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If you wouldn't sell it for $90K, you probably shouldn't insure it for $90K! |
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Chris |
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Just bought a very very clean build last March IFR EFIS Autopilot for 120K feel like I was super lucky.
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To the OP,
Just typed a longer message, but my computer ate it. Short version: I'll let others debate legalities and wisdom, but *if* you know what you're doing, you can fly pretty much all the 'gentleman's acro' positive maneuvers in an RVx at well under 3.5 Gs. (The 'acro limit' weight is for 6 Gs.) If hard core acro is your goal, an RV probably isn't the plane you want. FWIW, Charlie |
Now I have only been around for a couple of years and I'm still building but it seems that most people who build an RV-7 go with a constant speed prop so finding your fixed pitch is going to be a little tougher but probably still doable. I haven't seen many fixed pitch prop 7s listed but the typical listing I have seen over the past few years is EFIS, autopilot, constant speed non IFR for around 110-120k. IFR seems to be listed more closely with 130k+. Now what the difference between listing and selling prices are I have no clue, I would venture though that it's not much since there isn't very many on the market at any given time. Hopefully some people with more experience chime in.
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RV7 price?
When was the 7 first offered? About,, 2000. Ish?
An RV7 could be 18 years old. If I have that right. Or could be new. Airplane value is in the engine time. The airframe value is fairly constant, if hangered, and un damaged. So if you find a new RV7 with 200 TT SNew everything, the price might be near it’s cost to build. $100,000 up to a $145,000 IFR plane. Probably worth the money A RV built in 2002 with a field overhauled engine 200 SMOH buy “shade tree engine builders”? The value is a bit harder to pin down. Idle engines rust. Was it hangered? By the sea shore? Climate controlled hanger? Any damage history? Buy that one for $70,000 and risk an engine over haul. The new airplane for $100,000 seems like a better value to me. |
👍 to what RV7Charlie wrote.
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