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  #1  
Old 11-02-2020, 04:04 PM
sloengineer sloengineer is offline
 
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Default Lycoming Price Increase?

From June when I did our initial budget on the 14A until today, the Van's website is indicating a 10% price increase on the standard IO-390A. Can anyone who purchased in the last few weeks confirm that? Even the freshly minted Kitplanes article lists my June budgetary numbers of $34k for the base IO-390A.
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  #2  
Old 11-02-2020, 04:07 PM
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1001001 1001001 is offline
 
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Quote:
Originally Posted by sloengineer View Post
From June when I did our initial budget on the 14A until today, the Van's website is indicating a 10% price increase on the standard IO-390A. Can anyone who purchased in the last few weeks confirm that? Even the freshly minted Kitplanes article lists my June budgetary numbers of $34k for the base IO-390A.
Unfortunately, yes. As far as I know this was announced a while ago. A couple friends just put their orders in in the last few weeks to get the lower pricing before the end-of-october increase.
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  #3  
Old 11-02-2020, 04:55 PM
Desert Rat Desert Rat is online now
 
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There was a thread on here about 3 weeks ago from Vans where they stated they had just been informed by Lycoming that a price increase would take place on Nov 1st and to get "2020" pricing you had to order prior to November 1st and request delivery no later than end of may 2021.

It was on the Vans web site as well.
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  #4  
Old 11-02-2020, 07:48 PM
sloengineer sloengineer is offline
 
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Well dang it all.... I was out of commission for a couple weeks and missed it completely. Also interesting it didnít get mentioned in the kitplanes article, which had to be in the works during this period of time. Oh well. I wouldnít go touting a 10% bump too loudly either. Not like we were close enough to lay money out for the motor. Just hope thatís the last one for at least a year.
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  #5  
Old 11-02-2020, 09:10 PM
Desert Rat Desert Rat is online now
 
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If it's any consolation, it's really a lot less that 10%...of retail for a certified engine
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  #6  
Old 11-03-2020, 08:15 AM
sloengineer sloengineer is offline
 
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Default Sales and Marketing....

There was not an increase on the EXP119 engine. As a product development engineer myself, I know it is not uncommon to spread development costs for a new product over a range of legacy products. Otherwise, the new product would be prohibitively expensive. As it stands now, the spread from the base IO-390A to the EXP119 is only 5% whereas it was 16%. Now it doesn't matter if folks buy the base or the EXP119, Lycoming can recoup the development costs. It's smart business. With such a small gap now, I'm gonna save pennies to get the EXP119.
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  #7  
Old 11-03-2020, 09:14 AM
Ron B. Ron B. is offline
 
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Quote:
Originally Posted by sloengineer View Post
There was not an increase on the EXP119 engine. As a product development engineer myself, I know it is not uncommon to spread development costs for a new product over a range of legacy products. Otherwise, the new product would be prohibitively expensive. As it stands now, the spread from the base IO-390A to the EXP119 is only 5% whereas it was 16%. Now it doesn't matter if folks buy the base or the EXP119, Lycoming can recoup the development costs. It's smart business. With such a small gap now, I'm gonna save pennies to get the EXP119.
Not necessarily, the EXP was just introduced a few months ago and priced at that time. the IO-390A was priced perhaps over a year ago. The EXP was probably priced at today's cost.
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