Sender: <marv@lancaironline.net> (Marvin Kaye)
To: lml
Date: Wed, 25 Sep 2002 15:07:19 -0400
Message-ID: <redirect-1790848@logan.com>
From: RWolf99@aol.com
Subject: How Much is Lancair 360 worth?
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My casual readings of advertisements suggest that a middle-of-the-road 360 is 
worth about $80-90K -- at least that is what the advertisements are asking 
for.  I think the average builder puts about $100K into the airplane, plus 
labor.  At least, that's how much if you put in a new engine.

I would definitely get into the air faster and cheaper if I torched my 
garage, took the insurance money, and bought a finished 360.  (In fact, if I 
could figure out how to keep the rest of the house from burning down, I might 
be tempted...)  But then, it wouldn't be personalized to me and I wouldn't 
have the satisfaction of building it myself.

I was under the impression that the Lancair 4 was probably the only kitplane 
on the market who's sale value exceeded the dollars put into the project.  I 
suspect that the sweat equity is not valued very highly, though.  I thought 
that the average 4 cost $250-300K to get in the sky, but sold for about 
$400K.  

- Rob Wolf