Tue Jul 16, 2019 3:17 pm
#1706663
I doubt it would be possible for £60-65k by the time a propeller, cockpit interior, painting and the million small bits not included in a kit are factored in.....All of which needs 20% VAT adding, then almost £1000 for fees to initial permit.
As Nick said above....there are builds... and builds.
Before buying our own aircraft three years ago I did the calculations and decided it was impossible to build the RV7 that we wanted for what we would have to pay to buy one that was already built and flying - and still leave a fair budget to go though it and bring it up our desired spec.
I think that still holds good now, even with the increase in price of aircraft sold recently. Current new parts prices and exchange rates make it look like an £85k budget would be quite hard to come in on for everything needed to build a well spec'd all-new RV8 with a decent c/s prop. Savings could be made by going for std kit (slow build) and cheaper end of engine and prop combinations .... but either way you would have to be very dedicated to the build to fly it inside 2-3 years, more likely (much) longer.
Of course going for a used engine could be another saving... or cost a fortune....
The above assumes completely self built - All bets are off if any paid for labour is to be factored in.
As Nick said above....there are builds... and builds.
Before buying our own aircraft three years ago I did the calculations and decided it was impossible to build the RV7 that we wanted for what we would have to pay to buy one that was already built and flying - and still leave a fair budget to go though it and bring it up our desired spec.
I think that still holds good now, even with the increase in price of aircraft sold recently. Current new parts prices and exchange rates make it look like an £85k budget would be quite hard to come in on for everything needed to build a well spec'd all-new RV8 with a decent c/s prop. Savings could be made by going for std kit (slow build) and cheaper end of engine and prop combinations .... but either way you would have to be very dedicated to the build to fly it inside 2-3 years, more likely (much) longer.
Of course going for a used engine could be another saving... or cost a fortune....
The above assumes completely self built - All bets are off if any paid for labour is to be factored in.
Nick liked this