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| So I've been building an ultralight |
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| RandyT:
--- Quote from: danny_galaga on November 14, 2024, 08:51:26 pm ---Once it's inspected and gets a test flight permit, I'll need to insure it. More money..who knew owning your own airplane would be so expensive... --- End quote --- Are you keeping a tally of the total so far, or is it one of those "stopped counting after X" situations? And out of curiosity, what does it cost to insure something like that? My gut is telling me that it's costly, but I thought the same thing about motorcycle insurance the first time I bought some and was surprised at how cheap it was. |
| pbj:
Motorcycle insurance is cheap because you usually don't survive. :lol |
| danny_galaga:
--- Quote from: pbj on November 15, 2024, 09:17:15 am ---Motorcycle insurance is cheap because you usually don't survive. :lol --- End quote --- 😄 |
| danny_galaga:
--- Quote from: RandyT on November 14, 2024, 10:18:49 pm --- --- Quote from: danny_galaga on November 14, 2024, 08:51:26 pm ---Once it's inspected and gets a test flight permit, I'll need to insure it. More money..who knew owning your own airplane would be so expensive... --- End quote --- Are you keeping a tally of the total so far, or is it one of those "stopped counting after X" situations? And out of curiosity, what does it cost to insure something like that? My gut is telling me that it's costly, but I thought the same thing about motorcycle insurance the first time I bought some and was surprised at how cheap it was. --- End quote --- Yeah, lost count ages ago. I'll quote in USD. And I'll add 5% because our dollar was a bit stronger some years back The kit was roughly 30,000 USD . Propeller roughly $1100. These two things both came from Sert Efrikah so even more exchange rate obfuscation there. Engine was about $4000 ON CONDITION. Basically that's airplane talk for second hand 😄I bought it off my mechanic, out of one of his hire planes. You can only go to 2000 hours if used commercially. Mine is actually at about 1850 hours so could go longer but he had an opportunity to replace it earlier. These engines have been known to go up to 4000 hours. What's cool about this particular engine is I've already got maybe 20 hours on it from when I was hiring his plane 😊. It was the best call in retrospect. Most private pilots don't even rack up 100 hours a year. And I'm not even sure I'm going to keep the plane long. For reference I think the Rotax 912 ULS is now over $20,000 new. I was having such a hard time with the QA of this kit I managed to sweet talk them into sending me approximately $3000 worth of free avionics. Some of it was nearly worthless to me. For instance a transponder that didn't match Australian regulations anymore and that I wasn't going to use anyway. And an ASI (air speed indicator) that was in mph instead of knots. I sold the transponder for about $300 (made in Texas, worth about $1800) to someone who happened to still have that model in his plane. In general the rules are you can replace like for like during repairs as long as it's exactly the same model. Also sold the crappy compass for about $100. Main thing I ended up with was the radio, which was a medium level one. Roughly $1500. It works well so happy with that. I can't remember how much I paid for the rest of the instruments. Maybe $1500 plus more recently $650 for a correct ASI. LOTS of odds and ends, like an aerial for instance. and I knew right at the beginning I should have kept tabs on it all. Who knows, maybe $2000 all up including the vinyl graphics which obviously isn't necessary for flight. Insurance is very roughly $2000 a year for a tricycle undercarriage, and maybe $2500 for a tail dragger like mine. Even though it's otherwise exactly the same plane, tail draggers tend to have more incidents on the runway with groundloops. Normally no biggie (see video, same plane I first tried tailwheel flying in coincidentally) but its easy to see there's a chance of some sort of damage. https://youtu.be/N6jSruMW84Q?si=THupIW1YHsjng3x0 |
| nitrogen_widget:
so what happens when it hits 4k hours? what has to be done to it? strip to block and overhaul, scrap, or sell it to someone making a dune buggy or air boat? |
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