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-   -   How Much is Your Build Costing? Mine is Currently at... (https://vansairforce.net/community/showthread.php?t=177984)

mfleming 12-22-2019 05:30 PM

How Much is Your Build Costing? Mine is Currently at...
 
So I'm at the point of making some big financial decisions on my build.
Engine prop combo, Avionics, interior, paint etc...

I'm building a -7, slow built wings, QB fuselage. Finish kit is purchased.

Today I dug out all my receipts for everything I've purchased so far...kits, spare parts :rolleyes:, tools :eek: and builder support (been to Synergy a couple of time)

So the basic breakdown is:

Kits = $29,752

Parts = $5,736

Tools = $7,789

Builder Support = $4,250

For a Grand Total of $47,812 (left out a couple of minor things)

So depending on the Engine/Prop combo and the avionics (IFR hopefully) plus interior...I'm looking at almost $130,000 for a completed -7.

How are you doing? Are my numbers far out of line or is this just what it takes this day and age?

wirejock 12-22-2019 06:06 PM

Completed cost
 
Quote:

Originally Posted by mfleming (Post 1394632)
So I'm at the point of making some big financial decisions on my build.
Engine prop combo, Avionics, interior, paint etc...

I'm building a -7, slow built wings, QB fuselage. Finish kit is purchased.

Today I dug out all my receipts for everything I've purchased so far...kits, spare parts :rolleyes:, tools :eek: and builder support (been to Synergy a couple of time)

So the basic breakdown is:

Kits = $29,752

Parts = $5,736

Tools = $7,789

Builder Support = $4,250

For a Grand Total of $47,812 (left out a couple of minor things)

So depending on the Engine/Prop combo and the avionics (IFR hopefully) plus interior...I'm looking at almost $130,000 for a completed -7.

How are you doing? Are my numbers far out of line or is this just what it takes this day and age?

I have a spreadsheet with every penny counted including tax and shipping. I would say, you're pretty close counting the QB extra cost.

Girraf 12-22-2019 06:17 PM

I started my project with a loose breakdown between airframe/powerplant/avionics at (33k/33k/33k) for a rough 100k. I'm also fully expecting some cost creep in there so if I come in around 120k for a 0-360/constant speed prop and decent IFR avionics, I'll be happy.

I'm doing a slow build with no help so my airframe cost is basically Van's cost plus shipping. Probably got about 3k in tooling right now.

Since you could spend as much as you want, its probably only useful to talk about how cheap you could build one. I'd guess you could outfit an RV-7 for about 50-60k if you go basic VFR and a used motor/prop.

snopercod 12-22-2019 06:19 PM

Quote:

Originally Posted by mfleming (Post 1394632)
Today I dug out all my receipts for everything I've purchased so far...

Bad mistake. You should never have done that. For God's sake, don't let your wife know!

jcarne 12-22-2019 06:39 PM

That number seems slightly high but not too much depending on what you do. I keep track of everything and I'm tracking towards 90k-100k maybe 105k after paint for IFR. No quick builds here though. I also haven't outsourced anything except fuel and brake lines.

Dan Langhout 12-22-2019 06:41 PM

Quote:

Originally Posted by wirejock (Post 1394641)
I have a spreadsheet with every penny counted including tax and shipping. I would say, you're pretty close counting the QB extra cost.

I also did this with my -7 slow build - until it went north of $100K. I quit keeping track after that.

elev666 12-22-2019 06:50 PM

Canadian
 
Wow,, 130 K for an RV7 !!
I built a 6 over the years for about 65 Canadian when our currency fluttered between 65 & 75 cents compared to the greenback , kinda d?j? vu this time when I?m pretty sure I can still get my 7eh airborne for a mear 100 K Canadian for an basic glass panel VFR machine with two axis auto pilots on both, I guess having a Scottish background helps , paint seems to be a luxury item with quotes ranging from 10-15 thousand, I just hope I don?t try and paint them myself to save $$

jcarne 12-22-2019 06:53 PM

Quote:

Originally Posted by elev666 (Post 1394654)
my 7eh

Bahaha nice touch!

Maxrate 12-22-2019 06:53 PM

I?m about where you are Michael. North of 40K. My plan is to get the engine and prop on for another 40 and use the Vans provided panel and put in the minimum VFR instruments and get the plane in the air while I spend a few years saving for the dream panel. I think I can get basic instruments and an old King radio to do the job.

rocketman1988 12-22-2019 06:55 PM

$$$$
 
Don't look at the -10 numbers!!!


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