Sunday, August 16, 2009

[Titanaircraft] Re: Titan II within 200 air miles of Havana, IL (9I0)

--- In Titanaircraft@yahoogroups.com, "Ron Dace" <runeduce@...> wrote:
>
>
> The luring thing about the S model is that there are several on Barnstormers in the $20K - $30K range and the SS models are at least another $10K. Operating costs would be higher also. I don't know if I would be interested in building a new one either. The economy as it is has brought the average prices of used planes down quite a bit but I am not noticing any markdown on new kit prices.
>

I figure on mine I have about $34k to $35k in kit, engine, parts and
materials alone .. in addition to about 10 months of working on
it to build it. And that's tempered by the fact that I found a
good used engine, prop, and mount with 116 hours on it for $8500.
Had I got a new engine it would have added another 8 to 10k to the
cost.

The market is down on all used aircraft right now because of the
economy. And I'm sure many are a forced sale where they're desperate
for the money. When you see the price of most LSA's out there at or
above $100k .. a SP eligible plane like the Tornado is a heck of
a bargain.

RT

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