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RV-10 builders, give me your honest assessment of what you might pay for this plane
All,
I am going through a divorce and need to try and get some idea what my plane might bring if I were to sell it. My plan is to keep it but thought it might be helpful in assessing what the fair market value of the plane may be through other's eyes. Please review my site and give me what you might be willing to pay for a plane similar to this one. http://avee8tor.smugmug.com/Airplane...45539005_itpre Thanks all for your honesty and feed back. Possible detractions: Used mid-time engine (750 hours - Signature overhaul) Steam gauges GNC 300XL Garmin Nav/com Garmin 327 Transponder 240 Garmin Audio panel (not tso'd) Standard interior |
Just a reminder to potential posters that the previous thread on this wandered off topic and was closed.
I think Pierre's post from the last time was about the most useful one. It's really hard to be accurate without an up-close inspection. The pictures seem to show good workmanship but you correctly point out some potential detractors and the plane has not been thoroughly tested. Also, a buyer would have no hope of getting a Repairman's Certificate for the plane. Personally, I wouldn't take it for more than the cost of the engine as a core. Not being mean; I'm just pointing out the potential variance due to personal perspectives. In my case, if I wanted a built airframe, I wouldn't now be building my own. I'm in no need of steam gauges and so the only real value to me would be to salvage the engine and rework it for my own installation. But that's not an appraisal of your aircraft; that's an assessment of its worth to me. What you really need is some kind of market appraisal and I'm not sure where you'd get that. An aircraft broker, maybe? |
Thank you Patrick for your response.
I have no idea why my last post went amuck, I simply asked those I though with the most knowledge of RV planes and their thoughts on what the potential value of this plane might be. My wife and her attorney are thinking this plane is worth 200k and you and I both know that is not the case. By posting on this site, I was hoping to try and get some kind of a baseline or someone that might be able to offer their services in the field of aircraft evaluation. I was really surprised on the run away post. Reguardless, I will try find an apprasier or broker to assist in this matter.
I do not plan on selling the plane. That can change. :( Kind Regards, Avee8tor13 |
Someone is asking $130K for a -10 in this thread: http://www.vansairforce.com/communit...ad.php?t=74317
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All, I've seen this aircraft in person and it is very nice, if somewhat plain as the OP described in the original post. The build quality is there, it just doesn't have mods or lots of bells and whistles. So my estimate would be $150K on the low end and $175-$180K on the high end.
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I would put it between $115,000 to $125,000.
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I'm with Todd on this one
Sorry to say so but this airplane won't bring the parts cost because of the shortcomings...steam, mid-time engine and so on. My airplane had over $200,000 in it and it went for much, much lower than that! Here's my interior.
![]() It also had a brand new Aerosport IO-540 and a Flightlines leather interior. Suggestion: Print this thread for your ex-to-be and her lawyer. Best, |
Van's cost estimator!
Sorry about your troubles.
Alfa Charlie Bravo has it right. Van's cost estimator is your best bet, surely you won't be charged for your own labor. Cheaper to keep'er.;) |
I agree with Todd and Pierre. The other RV-10 forale has $30k of glass and avionics that this one doesn't have.
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If you want someone to do an on site appraisal, you might try Rick Gray. He offers this service and is not that far from you.
http://rv6rick.tripod.com/ohiovalleyrvators/id23.html |
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