Cost figure

A forum for the proverbial airport bum who just wants to talk about anything and everything related to flying. Introduce yourself here !!

Post Reply
van Ellis

Cost figure

Post by van Ellis »

Having been a frustrated P51 driver all my life and now reaching my 2nd childhood or what the fems might call "male menopause" I am seriously considering selling my C172 and attempting to build an RV=8. Can anyone give me a real world cost figure to build a utilitarian RV-8 with 180 engine, fixed prop and basic panel. This would probably include a trip to Georgia to get off on the right foot.
thanks Van

Guest

Post by Guest »

Go to www.vansaircraft.com They have a good cost estimator on their web site. You can see the effect of different engine, prop, lighting, avionics, etc combinations on the final cost. From, my experience, these estimates are very close to what you will spend.

Guest

Post by Guest »

Thank you,

Akroguy
Class G
Posts: 12
Joined: Sun Nov 07, 2004 6:37 pm
Location: Albuquerque, New Mexico, USA!
Contact:

Post by Akroguy »

Simple RV8, used O360, fixed prop, basic day VFR, no lighting, simple foam seats, no paint, maybe $40k. Will go like heck, be light and agile. The way Van likes 'em!

Brian
RV8 N94BD, five years of RV grins. RV-10 underway.

allsmiles

40k COST TO BUILD RV 8

Post by allsmiles »

AFTER YOU BUILD IT YOU CAN PLACE IT IN TRADEAPLANE FOR 120K WITH THE OTHER OWNERS FROM LA-LA LAND!

Spike
Chief Rivet Banger
Posts: 4013
Joined: Thu Oct 14, 2004 8:40 pm
Location: Baltimore, MD
Contact:

Post by Spike »

Interesting statement allsmiles. Welcome to the group! :thumbsup: Care to expound any on your thought here ?

-- John
http://www.rivetbangers.com - Now integrating web and mail!
Current Build: 2 years into a beautiful little girl

all smiles

spike's request for reply

Post by all smiles »

SPIKE,
ONE ONLY HAS TO REVIEW THE ADDS PLACED IN TRADE A PLANE IN THE RV COLUMN TO SEE SOME BUILDERS ARE UNREALISTIC IN THE VALUE THEY PLACE ON THEIR LABOR. WE ALL KNOW VALUE CAN VARY DEPENDING ON THE AVIONICS AND AGE/HOURS OF THE ENGINE ETC. WE ALSO KNOW PRICE CAN DEPEND ON THE NEED OF THE SELLER TO SELL THE PLANE. THERE IS A RANGE OF REALISM FOR THE PRICE AND MY POINT IS YOU DO NOT FIND VERY MUCH REALISM IN THE RV-8 /RV-7 PRICES. SUPPLY/DEMAND!

THIS USE TO BE THE SAME SITUATION WITH THE RV-4 AND 6, BUT MARKET REALISM (FINDING A BUYER) HAS WON OVER AND THE PRICES HAVE BECOME REALISTIC. IN SOME CASES A REAL BUY! WHEN I BUY I LOOK AT THE PLANE AND DISCOUNT THE SELLERS EGO! NOT EVERYONE CAN BE A RIVETBANGER!

Spike
Chief Rivet Banger
Posts: 4013
Joined: Thu Oct 14, 2004 8:40 pm
Location: Baltimore, MD
Contact:

Post by Spike »

I understand what you are saying and agree that sometimes aircraft pricing is definately above that which the market would bare. Where I disagree is that in my opinion the only person able to realisitcally value the labor that went into an aircraft is the builder of that aircraft. Someone who is selling an airplane that has built it knows what they have put into it and as such has a minimum value that they are willing to let that aircraft go for. You are correct that in many cases that price may be more than some are willing to pay. I dont think though that this invalidates an asking price or value, that is ultimately determined by the seller in his willingness to accept less. The true current value of a particular aircraft is determined by either the minimum price the owner is willing to accept or the maximum price a buyer is willing to pay. I do not think one aircrafts value is set by what other owners are willing to sell theirs for.

-- John
http://www.rivetbangers.com - Now integrating web and mail!
Current Build: 2 years into a beautiful little girl

ALL SMILES

AIRCRAFT VALUE

Post by ALL SMILES »

OK SPIKE, WE HAVE A MEETING OF THE MINDS. YOUR POINT WELL TAKEN; FOR EVERY SEAT THERE IS A REAREND! HAPPY NEW YEAR.

User avatar
svanarts
Air Marshall
Posts: 1512
Joined: Wed Oct 27, 2004 5:19 pm
Location: Modesto, CA
Contact:

Post by svanarts »

My friend's RV-8 with an O360, CS Prop, nice bought paint job, and a few electronic gee-gaws in the panel cost him all total just under $80,000. My RV-4 with no paint, O320, wood prop, and a few gee-gaws in the panel cost me $35,000 all total. Yours should be somewhere in between. :)

mustang
Class E
Posts: 188
Joined: Fri Oct 22, 2004 9:14 pm
Location: Kamloops, B.C. Canada

Post by mustang »

Yes, I think you could build a decent "8" for about 60,000 USD. Not including your labour.
Cheers, pete
Peter Marshall
Newbie RV-8 builder.

You wanna draw, ....against the fastest rivet gun in the West??? LOL

Post Reply