Price of an RV-10

gmcjetpilot · #1 05-16-2007, 10:41 AM

$265,000.00....... "Wow-Wa-wa-wee-wa?

14 hours, hummmmm, that's a bummer he has to sell it so soon.

mcsteatlh · #2 05-17-2007, 08:43 AM

I guess compared to a new Ovation 2 GX, the price seems fair. Not an exact comparison of planes but the same mission in my opinion.

I wish I could outright buy it.

Good luck.

McStealth

airguy · #3 05-17-2007, 09:24 AM

You can BUILD two of them for that price.

To be fair, it's very nicely done and well-outfitted, but still.....

Mike S · #4 05-17-2007, 09:46 AM

I wonder how the guy that sold a flying -10 for $120K recently if feeling as he reads this.

Mike

osxuser · #5 05-17-2007, 09:53 AM

He was aware of market value, but sold his for what he thought was fair... I applaud him, simply because the used market for the RV-10 is way over priced right now. If I had 130K to sink into an RV project, I'd build a -10 right now instead of the -7 and sell for 50-60K in direct profit!

Glasair34me · #6 05-17-2007, 10:41 AM

I must say that this is a very nice looking airplane. However, I have a Bonanza that does the same thing with about the same numbers as far as speed and load and it looks very sexy too. But I think the thing that looks even more sexy is the $200,000.00 that is still in my bank acount as I only spent $65K for it! These 10's are nice but lets get real about the prices for these things.

You still need money to fill the tank to go anywhere

Kahuna · #7 05-17-2007, 11:27 AM

Ahh the old value debate. Comparing this to an old Bonanza is not apples to apples. A new one, sure. Lets look at the short list of features.
1. New
2. All Glass
3. Carry 4, and baggs
4. Fixed gear. (Id pay a premium for that for a lot of reasons)
5. coupled a/p
blah blah blah

Now lets look at the market for these.
Mooney ~300
Bonanza~400
Cirrus~350

And so on. IMHO, this RV-10 is underpriced for the value it represents. Believe me, folks looking at this plane are looking at it compared to the value it represents in the market against these planes above. Id argue its better than those and worth more. Id also put money on the fact that these RV-10's will increase in value towards these planes mentioned above as more enter the market. I'll further add that being expermental also adds value. WOuld you not pay a few more bucks to buy a cert. plane classified as experimental just to get the added flexibility and utility of doing your won thing with new products and designs? I sure would. Course these are all just my opinions. In the end, he will get what the market will bear. And it will bear this price easily.
Best,

frankh · #8 05-17-2007, 11:53 AM

If it sells for anything like this price I'm quitting my day job and going to build 'em for a living!

Can I borrow the tools back guys?

Frank 7a...For sale at about $150k

briand · #9 05-17-2007, 12:07 PM

I think that guy builds and sells a lot of rv's so the workmanship is most likely top notch.

frankh · #10 05-17-2007, 12:34 PM

So's mine!....

. The real question is can you really pull 100k profit from an RV-10 and how fast can you build 'em?

Then of course there is the SMALL question of liability..

Hmm..Hey, then you go set yerself up in a low labour cost paradise and knock out 5 per year....

I'm beginning to like this idea...

Frank