Captain Avgas
Well Known Member
It has been claimed in the past that only about one-third of builders who buy an empennage kit from Vans will ever complete the plane. Put another way...two-thirds bomb out for one reason or another.
I now believe that those figures are not exaggerated....in fact they may be a bit glossy. I have been following the VansAirforce Classified section for the last 3 months and have recorded that incomplete RV projects are coming onto the market via this forum at the rate of virtually one a day. For example 29 projects have been offered for sale in the last 30 days.
It must also be considered that many more projects than this will be changing hands because VansAirforce is only one advertising medium. And of course many projects sell within Building Chapters by word of mouth without being advertised at all.
Until VansAirforce started its Classified section it was not possible to get a good grip on the number of builders bailing out of RV projects. Now it is clear to see that the number is quite massive. For one reason or another the vast majority of prospective builders lack the wherewithal or other requirements to complete a plane.
In fact it now appears that there may be more incomplete projects being sold by builders than new projects being sold by Vans. This would be due to the fact that incomplete projects are often sold several times.
Incidentally, there is currently a disproportionately large number of RV10 projects coming onto the market. This may indicate that builders are initially unaware of the extra cost of building this model...or they have simply underestimated the sheer magnitude of the task.
Also you would think that most of the projects changing hands are simply empennage kits. But that is not true. They are changing hands at all stages of construction. A popular time to sell seems to be around the finishing kit stage. I surmise this might be in part because it is at that time when the average builder fully realises his building budget is shot and he still has the most expensive items ahead of him (engine, interior, avionics, paint etc).
I now believe that those figures are not exaggerated....in fact they may be a bit glossy. I have been following the VansAirforce Classified section for the last 3 months and have recorded that incomplete RV projects are coming onto the market via this forum at the rate of virtually one a day. For example 29 projects have been offered for sale in the last 30 days.
It must also be considered that many more projects than this will be changing hands because VansAirforce is only one advertising medium. And of course many projects sell within Building Chapters by word of mouth without being advertised at all.
Until VansAirforce started its Classified section it was not possible to get a good grip on the number of builders bailing out of RV projects. Now it is clear to see that the number is quite massive. For one reason or another the vast majority of prospective builders lack the wherewithal or other requirements to complete a plane.
In fact it now appears that there may be more incomplete projects being sold by builders than new projects being sold by Vans. This would be due to the fact that incomplete projects are often sold several times.
Incidentally, there is currently a disproportionately large number of RV10 projects coming onto the market. This may indicate that builders are initially unaware of the extra cost of building this model...or they have simply underestimated the sheer magnitude of the task.
Also you would think that most of the projects changing hands are simply empennage kits. But that is not true. They are changing hands at all stages of construction. A popular time to sell seems to be around the finishing kit stage. I surmise this might be in part because it is at that time when the average builder fully realises his building budget is shot and he still has the most expensive items ahead of him (engine, interior, avionics, paint etc).
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