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-   -   RV10 Valuations (https://vansairforce.net/community/showthread.php?t=178654)

HoundPilot 01-14-2020 03:42 PM

RV10 Valuations
 
I travel for work and am only home on days off; then I instruct. However I just have to have an RV10!

I have been looking but find nothing on the used market; I finally found one but going through the process I see no way of determining value. One loan company says they average three sample aircraft for sale in the US, yet I find none. I'm putting 40-50% down but still need some sort of a valuation.

Does anyone know how to get an evaluation of an RV10?

I searched the forums here and didn't find the topic. I also called AOPA and searched the internet, nothing....

Thanks You for any help you can provide.

Mike S 01-14-2020 03:46 PM

Welcome to VAF
 
First off, welcome aboard the good ship VAF:D

Second, congrats on the RV 10 decision ------ great plane, loved ours.

Third-------contact Vic Syracuse about value. http://www.vansairforce.com/community/member.php?u=1415

Jesse Saint is another on to check with. http://www.vansairforce.com/community/member.php?u=1457

AviatorJ 01-14-2020 04:04 PM

As you mentioned there's not a large enough secondary market on RV-10s to begin speculating 'Value'. I had a gentleman randomly offer me $300K for my RV-10, so does that mean it's worth $300K, or just $300K to that guy. I personally think it's priceless!

mdmba 01-14-2020 05:19 PM

$270,000
 
I just sold my RV 10, 3-3GX, GTN 750, AP, leather interior, O2, EFII, great paint job. for $270,000 400TT. Brand new I0-540...one data point

catmandu 01-14-2020 09:58 PM

Experimentals can be a tough nut, especially when dealing with shylocks. My friend Ron has the knowledge to help you find some answers, he is sort of local, will talk a bit for free, and is worth paying when you really need him:

http://aircraft-appraiser.com/

rdrcrmatt 01-15-2020 11:56 AM

It all depends on how the plane is equipped. IMO you can't beat the bang for the buck of the RV-10, and if I sold the one I'm flying I couldn't replace it. I'd have to spend double the money to get a comparable aircraft (not RV-10) and 3x to operate it.

No thanks.


For a data point, I still don't think I'd entertain an offer north of $300k for the one I'm flying, and you'd also have to convince my partners.

Dual G3X, GTN650, GMC307/GSA28 AP with YD, G5, GDL52R, GSU25, GAD29, GEA24, VPX-Pro, TCW IBBS, EarthX, and more, 275 hrs on a new Thunderbolt IO-540, Great paint job, leather interior, ZipTips.. Cruises low 170s easy, or more economical at 160 on 10.5gph.

Weasel 01-15-2020 12:10 PM

Just as a data point I would entertain offers over $270k for ours.

svyolo 01-15-2020 06:59 PM

Those last two quoted numbers are off scale high for the advertised prices I have seen on the classified sites. At the moment there are few for sale, but that goes up and down as well.

Kyle Boatright 01-15-2020 07:13 PM

Quote:

Originally Posted by svyolo (Post 1400397)
Those last two quoted numbers are off scale high for the advertised prices I have seen on the classified sites. At the moment there are few for sale, but that goes up and down as well.

Agreed, but it only takes one or two buyers to fall in love with a particular airplane and the price can get pretty high.

rleffler 01-15-2020 08:28 PM

Quote:

Originally Posted by Weasel (Post 1400314)
Just as a data point I would entertain offers over $270k for ours.

If somebody wants to offer me $250k, I would take it!


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