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Date: Sun, 12 Dec 2010 15:35:03 -0500
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Subject: Re: Buyer Beware
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It may surprise some that have read my earlier postings, but the chopped=
 up 235 that Bill Harrelson showed us looks like it could be a fairly stra=
ightforward repair job.  It appears that damage is limited to structure on=
ly (no systems involvement) limited to right side of the tailcone, the rig=
ht side of the horizontal tail and elevator, and relatively minor damage=
 to the vertical fin and rudder.  The repair job is probably even within=
 the capability of the average-to-above-average Lancair builder, although=
 I doubt any of us would want to do it.

Now I'm not saying that this should be represented as "no damage history"=
 and I'm not surprised that the insurance company considered it "beyond ec=
onomical repair".  The salvage value should be considerable ($25K for unda=
maged engine, prop, and avionics?), the intrinsic value of 235's is not th=
at high ($50K? help me out here, guys), the repair (while straightforward)=
 is probably time-consuming and thus costly (300 hours @ $50/hr =3D $15000=
 plus $5000 for bodywork and paint?) and a knock-down on resulting aircraf=
t value probably oughta be $10K or more. =20

Bottom line -- it's cheaper for the insurance company to total it out but=
 it does not surprise me that the airplane was repaired and flown again sa=
fely with original structural margins intact.  Granted, it could also have=
 been badly patched and quite dangerous as a result -- we just don't know=
 without a detailed inspection and maybe even a structural proof load test=
.

Still, to represent this as "no damage history" is fraud of the highest or=
der.  Bill, thanks for sharing this with us.

Rob Wolf


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<font color=3D'black' size=3D'2' face=3D'arial'>
<div>It may surprise some that have read my earlier postings, but the chop=
ped up 235 that Bill Harrelson showed us looks like it could be a fairly=
 straightforward repair job.&nbsp; It appears that damage is limited to st=
ructure only (no systems involvement) limited to right side of the tailcon=
e, the right side of the horizontal tail and elevator, and relatively mino=
r damage to the vertical fin and rudder.&nbsp; The repair job is probably=
 even within the capability of the average-to-above-average Lancair builde=
r, although I doubt any of us would want to do it.</div>


<div>&nbsp;</div>


<div>Now I'm not saying that this should be represented as "no damage hist=
ory" and I'm not surprised that the insurance company considered it "beyon=
d economical repair".&nbsp; The salvage value should be considerable ($25K=
 for undamaged engine, prop, and avionics?), the intrinsic value of 235's=
 is not that high ($50K? help me out here, guys), the repair (while straig=
htforward) is probably time-consuming and thus costly (300 hours @ $50/hr=
 =3D $15000 plus $5000 for bodywork and paint?) and a knock-down on result=
ing aircraft value probably oughta be $10K or more.&nbsp; </div>


<div>&nbsp;</div>


<div>Bottom line -- it's cheaper for the insurance company to total it out=
 but&nbsp;it does not surprise me that the airplane was repaired and flown=
 again safely with original structural margins intact.&nbsp; Granted, it=
 could also have been badly patched and quite dangerous as a result -- we=
 just don't know without a detailed inspection and maybe even a structural=
 proof load test.</div>


<div>&nbsp;</div>


<div>Still, to represent this as "no damage history" is fraud of the highe=
st order.&nbsp; Bill, thanks for sharing this with us.<br>
<br>
Rob Wolf</div>


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