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<< Lancair Builders' Mail List >>
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Date: Wed, 6 Feb 2002 21:25:55 -0500
From: "Richard Kindig" <richkel@pennswoods.net>
Hi folks,
I would be interested in anyones knowlege/opinions on how 320/360s fare
for resale value.
.
.
I'll likely want to get my investment back out aftersome flying, hopefully without loosing a pile (assuming I don't cartwheel it ;-).
Is there a ready market for these?
There is a market but I wouldn't call it ready. My experience is that you should plan on taking a year to sell the plane.
Any thoughts on prefered equipment to enhance the saleability.
Make the aircraft IFR with an absolute minimum of equipment. The more equipment that you put into the plane the faster it will sell but you will never recover the cost of additional equipment. NEVER.
My aircraft cost $70,000 to build(also 3,000 hours). It is IFR equipped with an autopilot and will fly with the best of the other Lancairs. I bought the plane when it was 8 years old with 250 hours for $70,000 and may someday sell it for the same amount. If I do sell it, I will be looking for another one just exactly like this one. I just love it. My wife has given it a name. She call it Alice, The Other Woman. The plane may be seen at: http://www.dynacomm.ws/~lorn.
I have seen dual passenger Lancairs built for a cost of up to $170,000. The money will probably not be recovered at least not as easily on these aircraft.
--
Lorn H. 'Feathers' Olsen, DynaComm, Corp.
248-478-4301, mailto:lorn@dynacomm.ws
LNC2, O-320, N31161, Y47, SE Michigan
LML website: http://members.olsusa.com/mkaye/maillist.html
LML Builders' Bookstore: http://www.buildersbooks.com/lancair
Please remember that purchases from the Builders' Bookstore
assist with the management of the LML.
Please send your photos and drawings to marvkaye@olsusa.com.
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