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KBelue(at)drs-tem.com
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 Posted: Fri Jul 14, 2006 10:18 am Post subject: Hours to complete an RV-10 |
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I don't understand the high build times, especially for QB. That's not a judgement, just a curiosity. I suppose people work and measure their efforts at different rates. Just for info, I built a slow-build RV-6A from start to complete (flying) in 1500 hrs. I'm building a slow-build RV-10 and have 760 hrs at the point of installing the doors and expect to finish at around 1500-1700 hrs. I count the time from walking in the shop to leaving the shop and write it down when I go through the door. The only time I study the plans is when I'm in the shop, but I'm busy working when I'm in the shop. Do any of you count thinking/dreaming time away from the shop?
Resale values: I think of the labor as my enjoyment and challenge of the experience as some of you have said. I do not think of counting the hours and charging for that as part of the resale value. But I would want the market rate for what it should be worth. I wonder if any RV-10's have been sold yet? I'd like to know what the market rate will be for an RV-10, not that I want to sell mine. As bad as the outlook is, I agree with what Tim Olson said about the future. Let's hope he is wrong!
[b]Kevin [/b]
From: JSMcGrew(at)aol.com [mailto:JSMcGrew(at)aol.com]
Sent: Friday, July 14, 2006 12:36 PM
To: rv10-list(at)matronics.com
Subject: Re: Relative Value for Complete RV-10's?
I agree with most of the assessments I've read in this thread. My plane is almost ready to fly and I'm at $130K out of pocket. But I'll comment on the building time... I've seen the number of 1250 hours of build time thrown out a couple of times, I'm not sure what other people are seeing for build time but... I am a first time builder and I'm sure that I could build faster next time: I've put in almost 2500 hours in just over 2.5 years on my quickbuild RV-10. Something to think about for those who are considering starting.
-Jim
40134
In a message dated 7/14/2006 9:46:58 A.M. Mountain Daylight Time, james.k.hovis(at)gmail.com writes:
| Quote: |
Pascal,
Thanks for the kind words. As stated before, I owned an AA-1A for nearly ten years, so as far as the sustaining costs of ownership I know what it takes. Holding a repairman's cert for my own airplane is a real benefit to me too. And being a past part of the airport board for H-88, only about 5 miles from the house, I can deal with those issues too. The desire for building has been there for quite awhile (somewhat simmered while I actually owned an airplane) and now that the rug rats are older (can actually buck a few rivets) and I'm seriously missing being able to go to the airport and pull out MY airplane anytime I want. Learning how to build an airplane was one reason I went to college for an AE degree (boy was I in for a shock!). And the dear wife does like to fly. The first time I took her for a ride, I ran a C-172 off the side of an ice-covered runway while taxiing for take off and it didn't scare her off (wasn't serious, just got a wheel of the runway edge and stuck in a snow/slush bank). Anyway, if I have a reasonable assurance that what money I put into an airplane I can get back out if I sell it (and as an added benefit get enough to build a SECOND ship), it'll help seal the deal. I figure $100K - $125K at least. If you figure $125 /hr (not a Cessna figure mind you...) at 1250 hrs your labor is "worth" around $156K. So with $125K in materials and equipment a fairly well equipped -10 could be "worth" $280K or so. Put in a $60K "amateur built" knock-down factor, you get to that $220K asking price I've seen. Still not bad!
JKH
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| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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rene(at)felker.com
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| Posted: Fri Jul 14, 2006 10:52 am Post subject: Hours to complete an RV-10 |
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I am at 1280/hrs (my build time only) and I have hung the doors and other finish kit options. I am thinking I am 6 – 9 months away and I do about 80-100 hours a month. My best guess is ~2000 hours.
Slow build
No paint
Somebody else is doing the panel
Engine being done by someone else.
Rene' Felker
40322
N423CF
Finish Kit
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Belue, Kevin
Sent: Friday, July 14, 2006 12:18 PM
To: 'rv10-list(at)matronics.com'
Subject: Hours to complete an RV-10
I don't understand the high build times, especially for QB. That's not a judgement, just a curiosity. I suppose people work and measure their efforts at different rates. Just for info, I built a slow-build RV-6A from start to complete (flying) in 1500 hrs. I'm building a slow-build RV-10 and have 760 hrs at the point of installing the doors and expect to finish at around 1500-1700 hrs. I count the time from walking in the shop to leaving the shop and write it down when I go through the door. The only time I study the plans is when I'm in the shop, but I'm busy working when I'm in the shop. Do any of you count thinking/dreaming time away from the shop?
Resale values: I think of the labor as my enjoyment and challenge of the experience as some of you have said. I do not think of counting the hours and charging for that as part of the resale value. But I would want the market rate for what it should be worth. I wonder if any RV-10's have been sold yet? I'd like to know what the market rate will be for an RV-10, not that I want to sell mine. As bad as the outlook is, I agree with what Tim Olson said about the future. Let's hope he is wrong!
[b]Kevin [/b]
From: JSMcGrew(at)aol.com [mailto:JSMcGrew(at)aol.com]
Sent: Friday, July 14, 2006 12:36 PM
To: rv10-list(at)matronics.com
Subject: Re: Relative Value for Complete RV-10's?
I agree with most of the assessments I've read in this thread. My plane is almost ready to fly and I'm at $130K out of pocket. But I'll comment on the building time... I've seen the number of 1250 hours of build time thrown out a couple of times, I'm not sure what other people are seeing for build time but... I am a first time builder and I'm sure that I could build faster next time: I've put in almost 2500 hours in just over 2.5 years on my quickbuild RV-10. Something to think about for those who are considering starting.
-Jim
40134
In a message dated 7/14/2006 9:46:58 A.M. Mountain Daylight Time, james.k.hovis(at)gmail.com writes:
| Quote: |
Pascal,
Thanks for the kind words. As stated before, I owned an AA-1A for nearly ten years, so as far as the sustaining costs of ownership I know what it takes. Holding a repairman's cert for my own airplane is a real benefit to me too. And being a past part of the airport board for H-88, only about 5 miles from the house, I can deal with those issues too. The desire for building has been there for quite awhile (somewhat simmered while I actually owned an airplane) and now that the rug rats are older (can actually buck a few rivets) and I'm seriously missing being able to go to the airport and pull out MY airplane anytime I want. Learning how to build an airplane was one reason I went to college for an AE degree (boy was I in for a shock!). And the dear wife does like to fly. The first time I took her for a ride, I ran a C-172 off the side of an ice-covered runway while taxiing for take off and it didn't scare her off (wasn't serious, just got a wheel of the runway edge and stuck in a snow/slush bank). Anyway, if I have a reasonable assurance that what money I put into an airplane I can get back out if I sell it (and as an added benefit get enough to build a SECOND ship), it'll help seal the deal. I figure $100K - $125K at least. If you figure $125 /hr (not a Cessna figure mind you...) at 1250 hrs your labor is "worth" around $156K. So with $125K in materials and equipment a fairly well equipped -10 could be "worth" $280K or so. Put in a $60K "amateur built" knock-down factor, you get to that $220K asking price I've seen. Still not bad!
JKH
|
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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