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		N416EC
 
 
  Joined: 17 Aug 2008 Posts: 2
 
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				 Posted: Sun Aug 17, 2008 12:21 pm    Post subject: N416EC RV-10 for Sale | 
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				2006 RV-10 for sale.  305 hours TT.  $217,500.00 Photos can be seen at  http://www.myplane.com/ad/1466
 For more information email N416EC(at)gmail.com
 
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		msausen
 
 
  Joined: 25 Oct 2007 Posts: 559 Location: Appleton, WI USA
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				 Posted: Mon Aug 18, 2008 6:02 am    Post subject: N416EC RV-10 for Sale | 
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				Why are you selling?
 
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		N416EC
 
 
  Joined: 17 Aug 2008 Posts: 2
 
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				 Posted: Mon Aug 18, 2008 6:22 am    Post subject: Re: N416EC RV-10 for Sale | 
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				There are 2 partners that own this plane.  They want to go their separate ways but neither is willing to buy the other out.
 
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		AV8ORJWC
 
 
  Joined: 13 Jul 2006 Posts: 1149 Location: Aurora, Oregon "Home of VANS"
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				 Posted: Mon Aug 18, 2008 8:40 am    Post subject: N416EC RV-10 for Sale | 
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				Sales of RV-10s are an important and an often overlooked part of the
 total build/ownership consideration.  It was interesting that a friend
 considered making improvements to a Cessna 172 and Vref from AOPA showed
 the impact of electronics and such things as interior and other
 cosmetics.  His decision was easy - new and modern interior.
 Unfortunately AOPA does not currently track Amateur Built or
 Commercially built kit aircraft values... and they should with 30,000.
 
 Early in the product life cycle, almost 25% of all completed RV-10s were
 up for sale.  Many languished for months (one N325HP more than a year),
 others sold in days... It creates a curiosity and a need to share data
 for the many still in the build. Over 150 are flying, 5% have sustained
 damage, 2% incurred destruction.  The percentage sold has come way down
 and the values are going UP.
 
 The reason for selling plays into price.  Whether SBs are complied with
 impacts final value.  Whether the aircraft meets AIGS new
 Technologically Advanced Aircraft Credits has an impact.  Whether the
 aircraft has sustained repairs.  What the paint scheme looks like and
 also the quality of workmanship.  Some aircraft get a push in value if
 they have received an award from Sun 'N Fun or OSH such as this year's -
 Robert Gray N410RG.
 
 We have a local builder in search of addition partners in a flying RV-10
 which has the same identical paint as Wayne Edgerton's striking N602WT.
 It behooves partners to retain an ability to extricate themselves so as
 not to burden the value of an aircraft partnership.  There is nothing
 wrong with selling as long as you are not prohibited and the other
 partner is stuck too.  It is much like purchasing a hangar on leased
 land about to expire.
 
 Every now and then one comes along that has a panel so unorthodox or a
 paint scheme so unique you know that only its mother and loving builder
 could set an accurate value.  The market forces can be far less
 forgiving.  We should all share the dynamics of the market and strive to
 keep their value kicking the #$&* out of the Piper Comanche's that their
 engines derived their bloodline from.  Stein said it best "If you want
 to kick #$% - then it's the panel, the paint and the interior that
 pushes the value over the top".  We are getting a lot of great choices
 out there.
 
 Also remember that aircraft brokers make a fair living representing
 their commission charged, not the sale incurred.  Use the web.
 Communicate openly.
 
 John Cox
 #40600
 
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