Reserved "N" numbers available

[DonFromTX]

Wow, what a profitable enterprise, why didn't I think of this! If you owned ALL of those available, maybe $1000 would be a good price, then again what the heck, if you owned all of them why not more like $10,000 each. Quite obviously there is no law against doing just that.

Originally Posted by RV7A Flyer

And to add to it, it's not really a "free market", either...since N-numbers are required by law.

Too bad the FAA doesn't have some control over this...it'd be easy enough, just pass a rule that nobody can charge more to "sell" an n-number than they charge to issue them.

Since they won't...I wonder how many n-numbers are actually currently available? At 10 bucks a pop, it might not take much to get them *all* and be guaranteed a tidy profit.

[1001001]

Originally Posted by GalinHdz

EXACTLY! I found my number that way "Eight One Niner Papa Romeo". Not the 1st number I wanted but still a cool number to me.

This is just Supply & Demand in action. If you want THAT specific number be prepared to pay. Otherwise just get another available number and let him keep speculating that someone will eventually pay for it. Besides, I have seen too many people go bankrupt while speculating on a business idea like this. The market will decide if this was a good or bad idea.

I reserved one the other day (NOT a short one) which is not exactly what I wanted, but it is really close. I reserved it from the FAA site. It still fits the theme I wanted. Now waiting to get the official FAA letter.

The fact that people can reserve numbers and sell the rights to them is not a problem other than that as someone else said here, they are required. Don't hate the player; hate the game. It's the same in every regulated industry. The problem is the regulation, not the people who follow it.

[tjo]

Originally Posted by 1001001

I reserved one the other day (NOT a short one) which is not exactly what I wanted, but it is really close. I reserved it from the FAA site. It still fits the theme I wanted. Now waiting to get the official FAA letter.

The fact that people can reserve numbers and sell the rights to them is not a problem other than that as someone else said here, they are required. Don't hate the player; hate the game. It's the same in every regulated industry. The problem is the regulation, not the people who follow it.

Yea, but this dude isn't following the regulation, he is exploiting the regulation for profit...come to think of it, that sounds a bit like trading carbon credits...hmmm .

Tim

[1001001]

Originally Posted by tjo

Yea, but this dude isn't following the regulation, he is exploiting the regulation for profit...come to think of it, that sounds a bit like trading carbon credits...hmmm .

Tim

The regulations (in any industry) are exploited by the regulated all the time. In the worst cases, the regulators and the regulated trade favors and find a revolving door of jobs between government and industry. Regulatory capture is inevitable. People like me like to use this as an argument for minimizing regulation.

[brad walton]

Will you sell me the N number off your RV for $10? No, how about for a million dollars? Yes?
OK, now that we have established your are an entreprener, all we are doing is negotiating the price.

[RV7A Flyer]

Originally Posted by 1001001

I reserved one the other day (NOT a short one) which is not exactly what I wanted, but it is really close. I reserved it from the FAA site. It still fits the theme I wanted. Now waiting to get the official FAA letter.

The fact that people can reserve numbers and sell the rights to them is not a problem other than that as someone else said here, they are required. Don't hate the player; hate the game. It's the same in every regulated industry. The problem is the regulation, not the people who follow it.

You mean the *lack* of regulation, don't you? Because there's really no lower level of regulation here available (the requirement to have an N-number is about as simple as they get, right)?

[GalinHdz]

Originally Posted by DonFromTX

Wow, what a profitable enterprise, why didn't I think of this! If you owned ALL of those available, maybe $1000 would be a good price, then again what the heck, if you owned all of them why not more like $10,000 each. Quite obviously there is no law against doing just that.

If you reserve ALL the numbers then you have a monopoly and then lots of regulations kick in.

[enielsen]

...Or it causes more regulation requiring the individual to tie the N number to a kit serial #, require proof/more paperwork if scratch building and/or be a legitimate kit or certified manufacturer to reserve multiple N numbers.

I'm all for free enterprise, I just wouldn't want to take on one that involves this proximity to a government entity while operating in a grey area.

[rockwoodrv9]

It is the same as buying all the cool license plates and re-selling them. Oh wait, you can't do that because you do need it tied to an automobile.

[lostpilot]

well thanks for shedding some light on this. now EVERYONE is screwed because I just purchased all of the remaining N-numbers, every last one. I am selling the first N-number for 10 million dollars and the remaining for 1 dollar each.