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LarryRosen
Joined: 16 Jan 2006 Posts: 415 Location: Medford, NJ
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Posted: Sun Mar 12, 2006 6:50 am Post subject: Engine questions - Price increase |
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"... particularly the note about imminent price increases."
I need to order my engine soon. I was going to wait until after Sun-N-Fun.
Any details on the imminent price increase?
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Larry Rosen
RV-10 #356
http://lrosen.nerv10.com
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_________________ Larry Rosen
#40356
N205EN (reserved)
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Dick Sipp
Joined: 11 Jan 2006 Posts: 215 Location: Hope, MI
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Posted: Sun Mar 12, 2006 8:18 am Post subject: Engine questions - Price increase |
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Hi Larry,
The shop I am using has said Lycoming will be raising the kit prices 3-4
thousand effective 3/14. I trust that they are being straight with me as I
am a repeat customer. They have always been good about follow-up and
letting me know what is happening in the market. I was most interested in
the 540 prices so I am not as sure about what is happening with the others.
By putting a deposit down a few weeks back the engine will be delivered at
the current price. Delivery is running 3-4 months for this shop.
Finally, when checking on various options for an engine, and for those who
do not have to have a certified engine, they are no longer recommending
overhauling as after buying a core it is very nearly the same price as the
kit engine and of course you are getting all new parts.
Your my mileage may vary depending on circumstances.
Regards
Dick Sipp
#40065
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Rhonda(at)bpaengines.com Guest
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Posted: Mon Mar 13, 2006 7:06 am Post subject: Engine questions - Price increase |
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Larry:
Price increases from Lycoming to the engine shops that are building the
New Lycoming Experimental Engines go into effect this Wednesday, March
15th. Please feel free to call me if you'd like any additional details.
Rhonda Barrett-Bewley
Barrett Precision Engines, Inc.
2870-B N. Sheridan Rd.
Tulsa,OK 74115
(918) 835-1089 phone
(918) 835-1754 fax
www.barrettprecisionengines.com
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indigoonlatigo(at)msn.com Guest
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Posted: Mon Mar 13, 2006 8:51 am Post subject: Engine questions - Price increase |
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Does anyone know whether this price increase is just on engines being sent
to engine shops or does this price increase also involve the certified
versions from Lyco.
It seems that when you have a monopoly on the market, you can charge
whatever you want. Is it really a $3K-$4K price increase? What was the
reason cited...lack of competition!
[quote]From: "Rhonda Bewley" <Rhonda(at)bpaengines.com>
Reply-To: rv10-list(at)matronics.com
To: <rv10-list(at)matronics.com>
Subject: RE: Engine questions - Price increase
Date: Mon, 13 Mar 2006 09:05:35 -0600
Larry:
Price increases from Lycoming to the engine shops that are building the
New Lycoming Experimental Engines go into effect this Wednesday, March
15th. Please feel free to call me if you'd like any additional details.
Rhonda Barrett-Bewley
Barrett Precision Engines, Inc.
2870-B N. Sheridan Rd.
Tulsa,OK 74115
(918) 835-1089 phone
(918) 835-1754 fax
www.barrettprecisionengines.com
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Rhonda(at)bpaengines.com Guest
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Posted: Mon Mar 13, 2006 9:01 am Post subject: Engine questions - Price increase |
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The price increases on certified engines was effective at the beginning
of the year. You may have noticed a significant increase in prices from
Van's or the factory at that time.
The increase that we are talking about is on the Experimental engines.
The reason we have been given is the significant increase in raw
materials and labor to produce the parts. Yes, the increase is really
going to be in the 4k range and is due solely to the price increase from
the factory to the suppliers.
Rhonda
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dlm46007(at)cox.net Guest
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Posted: Mon Mar 13, 2006 10:40 am Post subject: Engine questions - Price increase |
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I checked Van's on new aircraft engines; their prices are changed yearly in
August for shipments that arrive after January, so unless things are
different this year the new OEM price will stray same at Van's until Aug 31.
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dlm46007(at)cox.net Guest
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Posted: Mon Mar 13, 2006 10:43 am Post subject: Engine questions - Price increase |
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As I recall my engine was $38900 from Van's for December 2004 delivery,
price for delivery in 2005 was $42600 so would expect some kind of price
increase from Van's late August. I suspect Lycoming trying to squeeze the
experimental assemblers of IO540s from certified parts.
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johnwcox(at)pacificnw.com Guest
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Posted: Mon Mar 13, 2006 7:40 pm Post subject: Engine questions - Price increase |
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The reason sited "off record" was the astronomical multi-million dollar
(jury)settlement granted the plaintiff in the crankshaft litigation.
The cost is being equitably passed through to those who use the product.
We are getting all that the best legal system in the world can provide.
Product liability can only do so much, that is why we are building
Experimental and not buying Certified. Tort is such a great concept.
John $00.02
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