Mailing List lml@lancaironline.net Message #7429
From: Hapgood, Matt <matt.hapgood@funb.com>
Subject: RE: Lancair 320 For Sale
Date: Mon, 6 Nov 2000 14:17:11 -0500
To: 'lancair.list@olsusa.com' <lancair.list@olsusa.com>
Cc: 'mark@skywagons.com' <mark@skywagons.com>
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First Union Securities, Inc.

Hmm.  What's a fast build 320 worth?
My 1992 version of a 320 fastbuild (that's fastbuild, not the later
"super"fast build, and MarkI tail) cost about $23,000.  I think with a few
extras I ordered at the time (hardware kit, inboard hydraulic gear
doors...). The cost was about $24,000?  I am going from memory, not
cancelled checks, so I may be off a little.  That did not include delivery.

What's a similar vintaged kit worth now?  A lot less.  A Legacy (what does
it cost - $30,000?) could probably be built in 1/2 the time, and is supposed
to be a better/more refined package.  So what is your time worth?  What is
the value of knocking off about 1,000 to 2,000 hours of construction?  

It's tough to value the older kits.  I think for some people (like myself)
the cost vs. free time analysis inevitably leads to the newer, more complete
kits.  But to someone with lots of time to work on the kit, maybe a discount
of 50% to 75%???

Matt



> -----Original Message-----
> From: Mark Pilkington [SMTP:mark@skywagons.com]
> Sent: Monday, November 06, 2000 12:45 PM
> To: lancair.list@olsusa.com
> Subject: Lancair 320 For Sale
>
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>           <<  Lancair Builders' Mail List  >>
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> >>
> Dear All,
>     Please contact me if you have an interest in a Lancair 320 Fastbuild
> kit that has barely been started being built. No engine and no radios as
> usual. Please contact me with an estimation of it's value even if you do
> not want to buy it. I have no idea, as I have inherited this project and
> do not want to build it.
> Thank you.
> Kind regards,
> Mark Pilkington
>
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> Please send your photos and drawings to marvkaye@olsusa.com.
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Please send your photos and drawings to marvkaye@olsusa.com.
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