
TheLachlan
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Everything posted by TheLachlan
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So I spent a little time looking into the BSV’s... very intriguing! I’ll go look at the forum yet too but I’m definitely interested in these as well now! How are the annuals for them do you know? I know it varies obviously but I mean like with the wood inspection and all, does it get abnormally pricey?
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I’m thinking that for the current state of things that I need to see if I can get an experimental for 30-40k, if that can’t happen then I need to wait until I can comfortably expand the plane budget closer to 70-100k. Need to put eyes on a T18 and see if they look cobbled together for those prices.. I mayyyy find an RV for that range too but from what I’ve seen it’s not very likely under 40k.
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From the time I posted the plane for sale to after we had dropped it off for the pre buy some things had changed already to where I would have been totally cool had the sale not gone through, had hangar options going and all. But it’s okay cause that was stretching my budget, and if I can’t get something nice in my range then it will just have to wait, I don’t want to “reach” for something that I’ll regret.
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That’s what’s I’m scared of, another nightmare with expensive parts, specially when trying to shop within a lower budget. The pre buy uncovered stuff my shop missed that did the rebuild , more surprises. If it where experimental I’d gladly tackle it myself most of it and the parts wouldn’t have a 1000% markup.
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Lets put it this way, I would plan on financing. After the rebuild the F between, payment, insurance, low cost annual, and low cost hangar would be costing me just under $20,000 a year to just own, never mind operating it. If I could find a suitable plane like a T18 for say in the $30k range then that number should drop approximately $7k-8K which buys a lot of fuel and upkeep for regular operations, for an experimental.
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Well I am considering getting into the more residential side of construction and having multiple job sites in multiple areas. So it would be to meet clients, go for meetings, check up on job sites etc etc. As far as VFR goes, if there is bad weather, chances are there wont be much work going on to check up on anyway and worse case I can just drive. Really like what you said here, would love to be able to utilize as a competitive tool for the company as well. My favorite aspect of having a plane that I could use for work... Customers would ask how soon I could see them... How about later today? Or tomorrow? Not next week or the week after... (your competition is going to hate you more when you stop by the customer to drop off your latest drawings, presentation, and bag full of samples...)
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Just wrapping up selling N642DG. May get another plane soon, may wait a little, next few weeks should be telling in that department. You know how it is though, window shopping and hours of research has commenced already. We bought the plane for just under $70k but after about $60k added in with a new engine etc etc it was stretching the current budget.. I've really been looking at an experimental, I'd love to be able to do much of the work myself and not be as limited as the certified are. The main mission would be work, hence the next few weeks being telling on whether I could greatly benefit from a plane or not. This thought process/conversation is assuming I'll be able to. Mission: VFR trips across TX, Midland area, Dallas area, Houston area, and possibly expanding to the Denver and Colorado Springs areas. I'm a new pilot, about 75hrs in a F model, that is total hours. Paid around $4,000 annually for insurance on the F, first year hull value was 70ish, last renewal it got upped to 91ish. Budget, want to be under $50k. Options I'm considering/researching. RV6/A: Nice planes, good on speed and efficiency, the A model would most likely be just a simple checkout with a CFI so minimal time/money for the transition. It seems kind of rare to find a nice one under $50k though based on my limited searching so far, correct me if I'm wrong. I have a friend who has over 5,000hrs, over 300 in a Mooney, fly's a King Air for a company and he says, and I quote "I've flown over 150 different types of aircraft and the Vans RV is my favorite" Thorp T18: Nice planes, hear they are tight in the cockpit, excellent speed and efficiency, tail wheel only so insurance would be higher, and more time/money for transition. Very nice examples can seem to be found for under $30k which seems like a steal for what the numbers are on this plane, also based on current for sale ads they are not hard to hard to find either. For my budget and speed needs/wants these 2 seem to be some of the only ones that fit the mold or are fairly easy to find good examples of, in the experimental category. Then I started looking at C's and E's... Pro's: Familiar platform, very little transition time/money, 4 seats so I can take the WHOLE family up too( wife and small kids ), can keep doing business with the bank we have been using as I'm not sure they will do experimental aircraft, they are supposed to get back to me on if they will do experimental. Con's: Certified, cant do much of the maintenance by myself, cant do modifications as cheaply or in some cases not myself either, not as fast as the others listed, still decent though, higher maintenance/upkeep costs. So, I'd like opinions on whats listed, also if I've missed a great candidate plane. Also, how much different is it flying a carbed plane like the C vs fuel injected, how easy it is getting carb ice? How much higher should E's be priced vs C's? Are nice top rung E's and C's easy to find under $50k? Seems so from what I've seen but I'd like members opinions on that, and all this..
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First Hangar/Plane What Do I Need
TheLachlan replied to V1VRV2's topic in Miscellaneous Aviation Talk
Also, these prices are for South Central Tx area, although they shouldnt be far off for most of Tx I cant say how it would be in other states right off hand. -
First Hangar/Plane What Do I Need
TheLachlan replied to V1VRV2's topic in Miscellaneous Aviation Talk
Around $90k for the exterior shell including windows and doors but not including the hangar door. Pricing on the rest of the build should be done soon, probably today actually. Depending on interior materials and appliances etc etc I'd say you could get this done anywhere from $350,000 to $500,000. That large gap in price is due to there being many variables in material costs depending on what the client wants and also some things that you can skip initially and do as you go later, for example insulating the hangar portion, or liner panel in the hangar portion, etc etc. Hangar Down Stairs Floor Plan.pdf Hangar Up Stairs Floor Plan.pdf -
67' M20F - Fresh Rebuild - RAYJAY - 430WAAS - STEC50
TheLachlan replied to TheLachlan's topic in Aircraft Classifieds
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First Hangar/Plane What Do I Need
TheLachlan replied to V1VRV2's topic in Miscellaneous Aviation Talk
@ArtVandelay @carusoam yeah well in this particular client situation him and his wife do not have kids and are building this on their own land with a grass strip. It will be housing his V-Tail Bonanza and his Cherokee 6 in Tx.