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  #21  
Old 01-08-2021, 02:03 PM
MK77 MK77 is offline
 
Join Date: Apr 2013
Location: Evanston, IL
Posts: 131
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Originally Posted by Captain Avgas View Post

2. Whether the aircraft has a C of A. If you sell an incomplete project expect to lose a bundle of money....you’ll be selling to bargain hunters and you will not get back the price of the parts. Everyone who starts an RV build thinks they’re going to finish the aircraft....but the majority who start at the empennage do not finish and lose considerable money. Sadly, the more they build the more they lose....selling a 90% completed project will produce the biggest loss.
+1 on point #2 above. When I was looking to start my project, I ran the numbers and would not have been able to afford to RV if I purchased a "brand new" kit, engine, etc. I was actually looking to purchase a Sonex kit which was more in my affordability range. Then a friend turned me on to a builder selling an RV-7 project with the wings done, fuse done, new engine hung, lots of build time put into it. He had a prop and avionics in boxes, wire, tools etc. We negotiated a price that was substantially less than what he had into it, never mind the thousand hours of labor. Mel had done a EAA tech inspection on it, quality looked good, so I loaded the whole lot up in a rental truck and now have a flying RV-7. I guess I'm a bargain hunter haha.
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RV-7 Tip-up - Flying!
XP Superior IO-360 w/cold air sump, Catto 3 blade prop
Garmin G3X
CFI, CFII, MEI
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  #22  
Old 01-08-2021, 02:03 PM
rapid_ascent rapid_ascent is offline
 
Join Date: Mar 2008
Location: Dublin, CA
Posts: 1,381
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But then I also know myself, and know the limits of my attention span. So...
That is actually the thing. I too am like that to some extent but there are so many different things to investigate and figure out that it makes the project the right fit for me. I never get bored with it.

I will say that when I started I really had no idea how much work it was going to be to finish the plane. I thought it would be a big project but it is much bigger than I imagined. Now that might be partially due to my "customization" of different aspects and people will tell you that is the best way to slow down the build. I tend to agree but... I still do it. I am trying to not do it as much as I did earlier though.
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Ray Tonks
2020 Donation Paid
Titan IOX-370, Dual PMAGs, 9.6:1 Pistons, FM-150
RV-7 Fuselage in progress
* Cabin Interior - In progress
RV-7 SB Wings
* Both Wings fully skinned
* Fuel Tanks Complete - No leaks finally
* Ailerons Complete
* Flaps Complete
RV-7 Empennage - Complete (a little fiberglass work left)
Vans Training Kit # 2 - Complete
RV-7 Preview Plans
Vans Training Kit #1 - Complete
EAA Sheet Metal Class - Complete
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  #23  
Old 01-08-2021, 03:42 PM
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Ironflight Ironflight is offline
VAF Moderator / Line Boy
 
Join Date: Jan 2005
Location: Dayton, NV
Posts: 12,453
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Quote:
Originally Posted by Mel View Post
I get paid to look at airplanes! Can you beat that?
Of course I can Mel - I get paid to fly, test, and evaluate them!
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Paul F. Dye
Editor at Large - KITPLANES Magazine
RV-8 - N188PD - "Valkyrie"
RV-6 (By Marriage) - N164MS - "Mikey"
RV-3B - N13PL - "Tsamsiyu"
A&P, EAA Tech Counselor/Flight Advisor
Dayton Valley Airpark (A34)
http://Ironflight.com
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  #24  
Old 01-08-2021, 03:51 PM
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Mel Mel is offline
 
Join Date: Mar 2005
Location: Dallas area
Posts: 10,909
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Originally Posted by Ironflight View Post
Of course I can Mel - I get paid to fly, test, and evaluate them!
Yeah, You've always been an exception. But not many can say that.
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Mel Asberry, DAR since the last century. Over 1,000 certifications accomplished.
EAA Flight Advisor/Tech Counselor, Friend of the RV-1
Recipient of Tony Bingelis Award and Wright Brothers Master Pilot Award
USAF Vet, High School E-LSA Project Mentor.
RV-6 Flying since 1993 (sold)
<rvmel(at)icloud.com>
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  #25  
Old 01-08-2021, 04:25 PM
BobTurner BobTurner is offline
 
Join Date: Dec 2011
Location: Livermore, CA
Posts: 7,151
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Originally Posted by Mel View Post
There are 2 kinds of people who retire. The ones who work more than they did when they had a job, and the ones who sit on the couch until expiration.

The best scenario is finding a job or hobby that you really enjoy. I get paid to look at airplanes! Can you beat that?
I ordered my tail kit the day after I retired. But I’m not sure I fit the first category. Had a deal with the wife that I wouldn’t be less available than when I got paid to work for a living.
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