Home -> RV-7 and RV-7A topic: Add Up Your Reciepts Lately???

Author: Clifford Dow <cdowjr@...> Time: Wed Jan 16, 2002 6:47 am PST Link

January 16, 2002

Oh yippy – more parts came today – lets see two wing
tip lights, replacement wing tip lens, two rolls of
wire, two tie down rings, extra nut plates and screws,
$12.00 pitot tube, Ignition switch – TOTAL BILL: GEE
ONLY $508.92! Now if I were building a hot rod, those
parts might cost $100! Hope that $82 ignition switch
is an FAA CERTIFIED ONE!

I’d be curious to know if any of you have added your
receipts lately? I’m at $32,000 so far and the engine
is most likely my next purchase. How many of you QB
builders have taken delivery of Wings, Fuselage,
Empinage, and Finish kit?

There were 30 QB kits in the first batch. The next
batch had 45 and I was about #40 in the secound batch.
So there should be at least 30 kits out there way
ahead of me - I would think. I'm dying to get some
feed back once some of these is flying.

It’s an addictive hobby – lovin’ it in Maine.
Cliff Dow, Jr.
Cdowjr@y...
Maine RV-7A QB Builder.

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Author: "rp10294648" <rpflanze2@...> Time: Wed Jan 16, 2002 7:14 am PST Link

In the "FILES" section, I have my spreadsheet of costs based upon
what I discovered building my -6. Current estimate is $75,000 and it
keeps changing (up, not down).

BTW, send the ignition switch back and get yourself two toggle
switches and a push button. That switch is a single point of failure
for your ignition system and is the least reliable component of your
electical system. (Aerolectric Connection)

Randy

--- In RV7and7A@y..., Clifford Dow <cdowjr@y...> wrote:
> January 16, 2002
>
> Oh yippy – more parts came today – lets see two wing
> tip lights, replacement wing tip lens, two rolls of
> wire, two tie down rings, extra nut plates and screws,
> $12.00 pitot tube, Ignition switch – TOTAL BILL: GEE
> ONLY $508.92! Now if I were building a hot rod, those
> parts might cost $100! Hope that $82 ignition switch
> is an FAA CERTIFIED ONE!
>
> I'd be curious to know if any of you have added your
> receipts lately? I'm at $32,000 so far and the engine
> is most likely my next purchase. How many of you QB
> builders have taken delivery of Wings, Fuselage,
> Empinage, and Finish kit?
>
> There were 30 QB kits in the first batch. The next
> batch had 45 and I was about #40 in the secound batch.
> So there should be at least 30 kits out there way
> ahead of me - I would think. I'm dying to get some
> feed back once some of these is flying.
>
> It's an addictive hobby – lovin' it in Maine.
> Cliff Dow, Jr.
> Cdowjr@y...
> Maine RV-7A QB Builder.

> __________________________________________________
> Do You Yahoo!?
> Send FREE video emails in Yahoo! Mail!
> http://promo.yahoo.com/videomail/


Author: Clifford Dow <cdowjr@...> Time: Wed Jan 16, 2002 7:41 am PST Link

Randy:

I like the idea, but then how do you keep someone from
firing it up and flying off with your RV - with NO
KEY????

Also, is there absolutly no way pulling 6 G's could
cause one of these flip switches to flip the other way
and shut you down?

Cliff Dow, Jr.
cdowjr@y...
Maine RV-7A QB Builder

--- rp10294648 <rpflanze2@h...> wrote:
> In the "FILES" section, I have my spreadsheet of
> costs based upon
> what I discovered building my -6. Current estimate
> is $75,000 and it
> keeps changing (up, not down).
>
> BTW, send the ignition switch back and get yourself
> two toggle
> switches and a push button. That switch is a single
> point of failure
> for your ignition system and is the least reliable
> component of your
> electical system. (Aerolectric Connection)
>
> Randy
>
> --- In RV7and7A@y..., Clifford Dow <cdowjr@y...>
> wrote:
> > January 16, 2002
> >
> > Oh yippy – more parts came today – lets see two
> wing
> > tip lights, replacement wing tip lens, two rolls
> of
> > wire, two tie down rings, extra nut plates and
> screws,
> > $12.00 pitot tube, Ignition switch – TOTAL BILL:
> GEE
> > ONLY $508.92! Now if I were building a hot rod,
> those
> > parts might cost $100! Hope that $82 ignition
> switch
> > is an FAA CERTIFIED ONE!
> >
> > I'd be curious to know if any of you have added
> your
> > receipts lately? I'm at $32,000 so far and the
> engine
> > is most likely my next purchase. How many of you
> QB
> > builders have taken delivery of Wings, Fuselage,
> > Empinage, and Finish kit?
> >
> > There were 30 QB kits in the first batch. The
> next
> > batch had 45 and I was about #40 in the secound
> batch.
> > So there should be at least 30 kits out there way
> > ahead of me - I would think. I'm dying to get
> some
> > feed back once some of these is flying.
> >
> > It's an addictive hobby – lovin' it in Maine.
> > Cliff Dow, Jr.
> > Cdowjr@y...
> > Maine RV-7A QB Builder.

> > __________________________________________________
> > Do You Yahoo!?
> > Send FREE video emails in Yahoo! Mail!
> > http://promo.yahoo.com/videomail/

__________________________________________________
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Author: "kenrv6" <kenrv6@...> Time: Wed Jan 16, 2002 8:53 am PST Link

-I guess if money were the big deal, you wouldn't be building from a
QB...It doesn't have to be this expensive. I built and flew an RV-6
for about 24K. One of my good friends just flew his RV-4 two weeks
ago and calculated his total investment in the finished, flying, but
still unpainted airplane at just over $18K -- or considerably less
than the new Ford truck he drives to the airport.

Granted, a lot of this money was spent several years ago, when
things were cheaper. And I don't count tools, sharpies, heating
the shop, etc as part of the airplane, on the theory that I'm going
to be doing something out in the shop that requires tools and heat.

But I can still take the three RVs in my hangar (2 RV-6, 1 RV-4) (two
of which have flown in the last two years) add the total cost to build
of all three, and still not hit $70K...in fact, for 70K all three of
us could buy a year's fuel with the left-overs.

Nothing wrong with spending money. The beauty of this RV thing is
that we can all have the airplane we want and can afford. Just don't
fall into the trap of thinking you MUST spend so much money to have
one.

-- In RV7and7A@y..., Clifford Dow <cdowjr@y...> wrote:
> Randy:
>
> I like the idea, but then how do you keep someone from
> firing it up and flying off with your RV - with NO
> KEY????
>
> Also, is there absolutly no way pulling 6 G's could
> cause one of these flip switches to flip the other way
> and shut you down?
>
> Cliff Dow, Jr.
> cdowjr@y...
> Maine RV-7A QB Builder

> --- rp10294648 <rpflanze2@h...> wrote:
> > In the "FILES" section, I have my spreadsheet of
> > costs based upon
> > what I discovered building my -6. Current estimate
> > is $75,000 and it
> > keeps changing (up, not down).
> >
> > BTW, send the ignition switch back and get yourself
> > two toggle
> > switches and a push button. That switch is a single
> > point of failure
> > for your ignition system and is the least reliable
> > component of your
> > electical system. (Aerolectric Connection)
> >
> > Randy
> >
> > --- In RV7and7A@y..., Clifford Dow <cdowjr@y...>
> > wrote:
> > > January 16, 2002
> > >
> > > Oh yippy – more parts came today – lets see two
> > wing
> > > tip lights, replacement wing tip lens, two rolls
> > of
> > > wire, two tie down rings, extra nut plates and
> > screws,
> > > $12.00 pitot tube, Ignition switch – TOTAL BILL:
> > GEE
> > > ONLY $508.92! Now if I were building a hot rod,
> > those
> > > parts might cost $100! Hope that $82 ignition
> > switch
> > > is an FAA CERTIFIED ONE!
> > >
> > > I'd be curious to know if any of you have added
> > your
> > > receipts lately? I'm at $32,000 so far and the
> > engine
> > > is most likely my next purchase. How many of you
> > QB
> > > builders have taken delivery of Wings, Fuselage,
> > > Empinage, and Finish kit?
> > >
> > > There were 30 QB kits in the first batch. The
> > next
> > > batch had 45 and I was about #40 in the secound
> > batch.
> > > So there should be at least 30 kits out there way
> > > ahead of me - I would think. I'm dying to get
> > some
> > > feed back once some of these is flying.
> > >
> > > It's an addictive hobby – lovin' it in Maine.
> > > Cliff Dow, Jr.
> > > Cdowjr@y...
> > > Maine RV-7A QB Builder.

> > > __________________________________________________
> > > Do You Yahoo!?
> > > Send FREE video emails in Yahoo! Mail!
> > > http://promo.yahoo.com/videomail/

> __________________________________________________
> Do You Yahoo!?
> Send FREE video emails in Yahoo! Mail!
> http://promo.yahoo.com/videomail/


Author: Paul Besing <azpilot@...> Time: Wed Jan 16, 2002 9:03 am PST Link

Been there done that. I have nice night VFR set up
and I have around $60,000 in it. Having a quickbuild
does definately reduce your equity in the airplane.
Especially if you buy a new engine,etc.

When I was starting work on Kitlog, I was debating as
to whether or not to put in the expense function.
That could be something that one could look at and
change their mind about continuing! Or, maybe we
should have password protected the expense report so
the wives don't know how much we spend here!

=====
Paul Besing
RV-6A 197AB Arizona
http://www.lacodeworks.com/besing
First Flight 7/22/01
Kitlog Pro Builder's Log Software
http://www.kitlog.com

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Author: Genev E Reed <Genevreed@...> Time: Wed Jan 16, 2002 6:21 pm PST Link

Cliff. You say this building thing is addictive. Must be I'm on my third
airplane second RV
Doyle Reed
On Wed, 16 Jan 2002 06:47:18 -0800 (PST) Clifford Dow <cdowjr@y...>
writes:
> January 16, 2002
>
> Oh yippy – more parts came today – lets see two wing
> tip lights, replacement wing tip lens, two rolls of
> wire, two tie down rings, extra nut plates and screws,
> $12.00 pitot tube, Ignition switch – TOTAL BILL: GEE
> ONLY $508.92! Now if I were building a hot rod, those
> parts might cost $100! Hope that $82 ignition switch
> is an FAA CERTIFIED ONE!
>
> I’d be curious to know if any of you have added your
> receipts lately? I’m at $32,000 so far and the engine
> is most likely my next purchase. How many of you QB
> builders have taken delivery of Wings, Fuselage,
> Empinage, and Finish kit?
>
> There were 30 QB kits in the first batch. The next
> batch had 45 and I was about #40 in the secound batch.
> So there should be at least 30 kits out there way
> ahead of me - I would think. I'm dying to get some
> feed back once some of these is flying.
>
> It’s an addictive hobby – lovin’ it in Maine.
> Cliff Dow, Jr.
> Cdowjr@y...
> Maine RV-7A QB Builder.

> __________________________________________________
> Do You Yahoo!?
> Send FREE video emails in Yahoo! Mail!
> http://promo.yahoo.com/videomail/
>
> ------------------------ Yahoo! Groups Sponsor

> Van's Air Force - World Wide Wing
> www.vansaircraft.net

> Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/


Author: Dan Masys <dmasys@...> Time: Wed Jan 16, 2002 7:05 pm PST Link

Paul Besing wrote:

> Been there done that. I have nice night VFR set up
> and I have around $60,000 in it. Having a quickbuild
> does definately reduce your equity in the airplane.
> Especially if you buy a new engine,etc.
>
> When I was starting work on Kitlog, I was debating as
> to whether or not to put in the expense function.
> That could be something that one could look at and
> change their mind about continuing! Or, maybe we
> should have password protected the expense report so
> the wives don't know how much we spend here!

I used Kitlog's expense function to create a category called Planning,
and went through Van's catalog to enter every part and piece I expected
to need, and got prices from some avionics sites to see what the total
price of this puppy was going to be. With IFR instruments, a GPS/Com,
Nav/Com, intercom, TruTrak autopilot, and a new 180hp Lycosaur/CS prop
the actual + planning expenses hit right at about $75K. One by one, as
I buy stuff I am converting the Planning category entries into actual
expense entries.

This would all be quite unnerving had I not just gotten an e-mail from
the guy who bought my 1973 C-182, which now has over 5000 hours on the
airframe. He just sold it to somebody else for $91K.

This is why Gordon Baxter used to say that the price of aviation has
never changed. It has always been "All You Got." He also noted it is
the great equalizer, because it doesn't matter how much money you have,
owning an airplane will teach you what it feels like to be poor...

-Dan Masys
-7A wings

[Non-text portions of this message have been removed]


Author: "rp10294648" <rpflanze2@...> Time: Thu Jan 17, 2002 5:44 am PST Link

Well now Ken, I guess it depends on what your mission is and why
you're building.

I don't like wasting money as much as the next person, but I have a
couple of "must have's" for my mission, based upon my experience
building and flying. One is a new engine. Besides the resale value,
I don't trust used engines, not when my butt is on the line. Second,
after getting caught flying cross country by weather more times than
not, I'm not skimping on instruments. So just ballpark 25K ariframe,
25K engine, and $20K instruments plus a little extra for
incidentals, I can't build the type of airplane that I want, that
fits MY mission, for less than $70K-$75K.

I've seen a bunch of RV's that cost less than $30K so it can be done
and easily. It's just that I wouldn't want to fly serious cross
county in them. I agree that folks shouldn't get caught in the trap
of thinking they "have" to spend that kind of jack to get airborne.
But I'd hate to spend five or more years of my life building an
airplane that is limited in its utility because I couldn't afford a
gyro or a radio. Spend what you need to in order to match your
airplane to your intended mission.

Randy

--- In RV7and7A@y..., "kenrv6" <kenrv6@y...> wrote:
> -I guess if money were the big deal, you wouldn't be building from
a
> QB...It doesn't have to be this expensive. I built and flew an RV-
6
> for about 24K. One of my good friends just flew his RV-4 two weeks
> ago and calculated his total investment in the finished, flying,
but
> still unpainted airplane at just over $18K -- or considerably less
> than the new Ford truck he drives to the airport.
>
> Granted, a lot of this money was spent several years ago, when
> things were cheaper. And I don't count tools, sharpies, heating
> the shop, etc as part of the airplane, on the theory that I'm going
> to be doing something out in the shop that requires tools and heat.
>
> But I can still take the three RVs in my hangar (2 RV-6, 1 RV-4)
(two
> of which have flown in the last two years) add the total cost to
build
> of all three, and still not hit $70K...in fact, for 70K all three
of
> us could buy a year's fuel with the left-overs.
>
> Nothing wrong with spending money. The beauty of this RV thing is
> that we can all have the airplane we want and can afford. Just
don't
> fall into the trap of thinking you MUST spend so much money to have
> one.

> -- In RV7and7A@y..., Clifford Dow <cdowjr@y...> wrote:
> > Randy:
> >
> > I like the idea, but then how do you keep someone from
> > firing it up and flying off with your RV - with NO
> > KEY????
> >
> > Also, is there absolutly no way pulling 6 G's could
> > cause one of these flip switches to flip the other way
> > and shut you down?
> >
> > Cliff Dow, Jr.
> > cdowjr@y...
> > Maine RV-7A QB Builder

> > --- rp10294648 <rpflanze2@h...> wrote:
> > > In the "FILES" section, I have my spreadsheet of
> > > costs based upon
> > > what I discovered building my -6. Current estimate
> > > is $75,000 and it
> > > keeps changing (up, not down).
> > >
> > > BTW, send the ignition switch back and get yourself
> > > two toggle
> > > switches and a push button. That switch is a single
> > > point of failure
> > > for your ignition system and is the least reliable
> > > component of your
> > > electical system. (Aerolectric Connection)
> > >
> > > Randy
> > >
> > > --- In RV7and7A@y..., Clifford Dow <cdowjr@y...>
> > > wrote:
> > > > January 16, 2002
> > > >
> > > > Oh yippy – more parts came today – lets see two
> > > wing
> > > > tip lights, replacement wing tip lens, two rolls
> > > of
> > > > wire, two tie down rings, extra nut plates and
> > > screws,
> > > > $12.00 pitot tube, Ignition switch – TOTAL BILL:
> > > GEE
> > > > ONLY $508.92! Now if I were building a hot rod,
> > > those
> > > > parts might cost $100! Hope that $82 ignition
> > > switch
> > > > is an FAA CERTIFIED ONE!
> > > >
> > > > I'd be curious to know if any of you have added
> > > your
> > > > receipts lately? I'm at $32,000 so far and the
> > > engine
> > > > is most likely my next purchase. How many of you
> > > QB
> > > > builders have taken delivery of Wings, Fuselage,
> > > > Empinage, and Finish kit?
> > > >
> > > > There were 30 QB kits in the first batch. The
> > > next
> > > > batch had 45 and I was about #40 in the secound
> > > batch.
> > > > So there should be at least 30 kits out there way
> > > > ahead of me - I would think. I'm dying to get
> > > some
> > > > feed back once some of these is flying.
> > > >
> > > > It's an addictive hobby – lovin' it in Maine.
> > > > Cliff Dow, Jr.
> > > > Cdowjr@y...
> > > > Maine RV-7A QB Builder.

> > > > __________________________________________________
> > > > Do You Yahoo!?
> > > > Send FREE video emails in Yahoo! Mail!
> > > > http://promo.yahoo.com/videomail/

> > __________________________________________________
> > Do You Yahoo!?
> > Send FREE video emails in Yahoo! Mail!
> > http://promo.yahoo.com/videomail/


Author: "kenrv6" <kenrv6@...> Time: Thu Jan 17, 2002 2:45 pm PST Link

-All true-- your point and mine seem to coincide. I do see a lot of
people who forgo their dream because they think they can't afford
it. I was almost one of them, but instead I've got an airplane with
a used engine and a 4K panel (which includes full VFR instruments, a
new King radio, Loran and GPS --too lazy to take out the Loran, I
guess, and everything I need) and I do fly it cross-country,
comfortably across big mountains in winter. Well, as comfortable as
I'll ever get doing that.

It suits me fine, and I hope yours suits you just as well. You gotta
love this Experimental thing.

-- In RV7and7A@y..., "rp10294648" <rpflanze2@h...> wrote:
> Well now Ken, I guess it depends on what your mission is and why
> you're building.
>
> I don't like wasting money as much as the next person, but I have a
> couple of "must have's" for my mission, based upon my experience
> building and flying. One is a new engine. Besides the resale value,
> I don't trust used engines, not when my butt is on the line.
Second,
> after getting caught flying cross country by weather more times than
> not, I'm not skimping on instruments. So just ballpark 25K
ariframe,
> 25K engine, and $20K instruments plus a little extra for
> incidentals, I can't build the type of airplane that I want, that
> fits MY mission, for less than $70K-$75K.
>
> I've seen a bunch of RV's that cost less than $30K so it can be done
> and easily. It's just that I wouldn't want to fly serious cross
> county in them. I agree that folks shouldn't get caught in the trap
> of thinking they "have" to spend that kind of jack to get airborne.

> But I'd hate to spend five or more years of my life building an
> airplane that is limited in its utility because I couldn't afford a
> gyro or a radio. Spend what you need to in order to match your
> airplane to your intended mission.
>
> Randy
>
> --- In RV7and7A@y..., "kenrv6" <kenrv6@y...> wrote:
> > -I guess if money were the big deal, you wouldn't be building from
> a
> > QB...It doesn't have to be this expensive. I built and flew an
RV-
> 6
> > for about 24K. One of my good friends just flew his RV-4 two
weeks
> > ago and calculated his total investment in the finished, flying,
> but
> > still unpainted airplane at just over $18K -- or considerably less
> > than the new Ford truck he drives to the airport.
> >
> > Granted, a lot of this money was spent several years ago, when
> > things were cheaper. And I don't count tools, sharpies, heating
> > the shop, etc as part of the airplane, on the theory that I'm
going
> > to be doing something out in the shop that requires tools and
heat.
> >
> > But I can still take the three RVs in my hangar (2 RV-6, 1 RV-4)
> (two
> > of which have flown in the last two years) add the total cost to
> build
> > of all three, and still not hit $70K...in fact, for 70K all three
> of
> > us could buy a year's fuel with the left-overs.
> >
> > Nothing wrong with spending money. The beauty of this RV thing is
> > that we can all have the airplane we want and can afford. Just
> don't
> > fall into the trap of thinking you MUST spend so much money to
have
> > one.

> > -- In RV7and7A@y..., Clifford Dow <cdowjr@y...> wrote:
> > > Randy:
> > >
> > > I like the idea, but then how do you keep someone from
> > > firing it up and flying off with your RV - with NO
> > > KEY????
> > >
> > > Also, is there absolutly no way pulling 6 G's could
> > > cause one of these flip switches to flip the other way
> > > and shut you down?
> > >
> > > Cliff Dow, Jr.
> > > cdowjr@y...
> > > Maine RV-7A QB Builder

> > > --- rp10294648 <rpflanze2@h...> wrote:
> > > > In the "FILES" section, I have my spreadsheet of
> > > > costs based upon
> > > > what I discovered building my -6. Current estimate
> > > > is $75,000 and it
> > > > keeps changing (up, not down).
> > > >
> > > > BTW, send the ignition switch back and get yourself
> > > > two toggle
> > > > switches and a push button. That switch is a single
> > > > point of failure
> > > > for your ignition system and is the least reliable
> > > > component of your
> > > > electical system. (Aerolectric Connection)
> > > >
> > > > Randy
> > > >
> > > > --- In RV7and7A@y..., Clifford Dow <cdowjr@y...>
> > > > wrote:
> > > > > January 16, 2002
> > > > >
> > > > > Oh yippy – more parts came today – lets see two
> > > > wing
> > > > > tip lights, replacement wing tip lens, two rolls
> > > > of
> > > > > wire, two tie down rings, extra nut plates and
> > > > screws,
> > > > > $12.00 pitot tube, Ignition switch – TOTAL BILL:
> > > > GEE
> > > > > ONLY $508.92! Now if I were building a hot rod,
> > > > those
> > > > > parts might cost $100! Hope that $82 ignition
> > > > switch
> > > > > is an FAA CERTIFIED ONE!
> > > > >
> > > > > I'd be curious to know if any of you have added
> > > > your
> > > > > receipts lately? I'm at $32,000 so far and the
> > > > engine
> > > > > is most likely my next purchase. How many of you
> > > > QB
> > > > > builders have taken delivery of Wings, Fuselage,
> > > > > Empinage, and Finish kit?
> > > > >
> > > > > There were 30 QB kits in the first batch. The
> > > > next
> > > > > batch had 45 and I was about #40 in the secound
> > > > batch.
> > > > > So there should be at least 30 kits out there way
> > > > > ahead of me - I would think. I'm dying to get
> > > > some
> > > > > feed back once some of these is flying.
> > > > >
> > > > > It's an addictive hobby – lovin' it in Maine.
> > > > > Cliff Dow, Jr.
> > > > > Cdowjr@y...
> > > > > Maine RV-7A QB Builder.

> > > > > __________________________________________________
> > > > > Do You Yahoo!?
> > > > > Send FREE video emails in Yahoo! Mail!
> > > > > http://promo.yahoo.com/videomail/

> > > __________________________________________________
> > > Do You Yahoo!?
> > > Send FREE video emails in Yahoo! Mail!
> > > http://promo.yahoo.com/videomail/



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