08 Nov 2025, 01:14 [ UTC - 5; DST ]
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Username Protected
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 11:22 |
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Joined: 01/31/10 Posts: 13626 Post Likes: +7758 Company: 320 Fam
Aircraft: 58TC
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Username Protected wrote: Todd, sell my E55 to Jesse and I will buy your Duke. It's a two engined lawn dart. Get's you into the ground twice as fast and twice as deep.
True Story: My health group health coverage for my employees went down by about 30% under O care. :woot: That's right the Trial Lawyers are saving about 30%! I've got money to burn on a Duke. :thumbup: Salt in our wounds!!!
_________________ Views are my own and don’t represent employers or clients My 58TC https://tinyurl.com/mry9f8f6
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 11:47 |
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Joined: 02/14/09 Posts: 6068 Post Likes: +3329 Company: tomdrew.lawyer Location: Des Moines, IA (KDSM)
Aircraft: 1973 Baron E55
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Username Protected wrote: Tom, send me $90k and you own a Duke. I will have *MY* attorney draw up the paperwork.  Jesse writes me a check for $100k for my E55 in trade and I own a Duke. Jesse...? Who wouldn't pay $100k to be able to sit by and watch a Trial Lawyer go broke owning a Duke? Hell we could start a thread, have people contribute, and fellow BT'ers would buy my E55 for you so they could watch too.
_________________ C340A/8KCAB/T182T F33C/E55/B58 PA 28/32 Currency 12 M: IPC/BFR, CFII Renewal
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 13:57 |
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Joined: 03/24/08 Posts: 2887 Post Likes: +1145
Aircraft: Cessna 182M
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Username Protected wrote: Tom, send me $90k and you own a Duke. I will have *MY* attorney draw up the paperwork.  Jesse writes me a check for $100k for my E55 in trade and I own a Duke. Jesse...? Who wouldn't pay $100k to be able to sit by and watch a Trial Lawyer go broke owning a Duke? Hell we could start a thread, have people contribute, and fellow BT'ers would buy my E55 for you so they could watch too.
Tom,
Given lawyer advertising rules in Iowa all you need to do is hire Leonard Nimoy for a few ads - would pay for the Duke and the legend....
RAS
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 14:21 |
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Joined: 02/27/09 Posts: 732 Post Likes: +267 Company: Veridian Ltd Location: Des Moines, IA
Aircraft: Baron - B55
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With regard to the anti/de-ice question - There have been numerous Lancairs with TKS - However, I have been told that the current TKS organization is less than enthusiastic about doing new installations (apparently the TKS installation on this critical wing is very tricky??) There are also numerous installations of the Therma-Wing - It is reported to work well if you have enough electrical capacity on-board. http://www.kellyaerospace.com/thermawin ... deice.htmlI have been fantasizing about the Lancair IVP for years - Doug R's cautionary advice is the primary reason I don't own one today. I have seen a Lancair IVP with a BRS installed - It was an expensive offering - but helps to negate the engine out scenario. For me the bottom line is: In order to get all the "bells & whistles" required, you will have serious $ wrapped up in an asset that has very little marketability (i.e. resale value). I have not run the numbers but it seems to me that if you have access to the capital - Buying a new TBM or a PC12 with tip-to-tail warranty & service, flying it for 5 years in today,s low rate environment and then selling it into a relatively active resale market may be more economically sound. Factor in some tax benefits that may or may not be available and it may tilt the scale even further. Having said that - The Lancair Evolution folks swear that the builders are netting a 10%+ gain on the sale of their Evolutions into the previously owned market - Sounds too good to be true. "If I do decide to build an Evolution I will let you all know so that you can pinpoint the day the market goes upside down". Todd, I realize the TBM or PC12 is more airplane than you want/need but dropping $250-$350 AMUs into an experimental appears to be a very illiquid asset at best and possibly a black-hole.... None-the-less....I'm still dreaming about it!!
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 15:23 |
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Joined: 12/19/08 Posts: 12160 Post Likes: +3545
Aircraft: C55
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Username Protected wrote: With regard to the anti/de-ice question - There have been numerous Lancairs with TKS - However, I have been told that the current TKS organization is less than enthusiastic about doing new installations (apparently the TKS installation on this critical wing is very tricky??) There are also numerous installations of the Therma-Wing - It is reported to work well if you have enough electrical capacity on-board. http://www.kellyaerospace.com/thermawin ... deice.htmlI have been fantasizing about the Lancair IVP for years - Doug R's cautionary advice is the primary reason I don't own one today. I have seen a Lancair IVP with a BRS installed - It was an expensive offering - but helps to negate the engine out scenario. For me the bottom line is: In order to get all the "bells & whistles" required, you will have serious $ wrapped up in an asset that has very little marketability (i.e. resale value). I have not run the numbers but it seems to me that if you have access to the capital - Buying a new TBM or a PC12 with tip-to-tail warranty & service, flying it for 5 years in today,s low rate environment and then selling it into a relatively active resale market may be more economically sound. Factor in some tax benefits that may or may not be available and it may tilt the scale even further. Having said that - The Lancair Evolution folks swear that the builders are netting a 10%+ gain on the sale of their Evolutions into the previously owned market - Sounds too good to be true. "If I do decide to build an Evolution I will let you all know so that you can pinpoint the day the market goes upside down". Todd, I realize the TBM or PC12 is more airplane than you want/need but dropping $250-$350 AMUs into an experimental appears to be a very illiquid asset at best and possibly a black-hole.... None-the-less....I'm still dreaming about it!! I agree with everything you say. Unfortunately, it takes a minimum of $1M to get anything close to reliable in a single engine turbine in the Certified Normal Category and then it is still not what I want. I don't want to pay for $15k autopilot repairs, $10k FMS repairs, $3200 hydraulic cylinder repairs, $30k hot section inspections, $25k annuals, etc. Also, using even $1M per year costs me about $30k more in interest per year than a $200k plane. I will fly about 50-60 hours per year. That is $500 per hour just for interest. A $5M plane would be $200k per year in interest which is insane for what I want. Talk about a black hole. I could buy a Legend every year and still be money ahead. I no longer want a "family" "one size fits all" flying machine. I want something challenging and fun to fly. I am bored flying what I fly and I only do it for the family. It is time for some fun again like I had in the Helicycle. Heck, if the Helicycle did 250 knots I would buy another one 
_________________ The kid gets it all. Just plant us in the damn garden, next to the stupid lion.
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Post subject: Re: Talk me out of buying a Glasair III Posted: 04 Apr 2014, 15:36 |
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Joined: 03/17/08 Posts: 6595 Post Likes: +14757 Location: KMCW
Aircraft: B55 PII,F-1,L-2,OTW,
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Username Protected wrote: $3200 hydraulic cylinder repairs, Main gear actuator rebuild on a TBM is $30,000, not $3000... I want a Lancair Evolution!!!
_________________ Tailwinds, Doug Rozendaal MCW Be Nice, Kind, I don't care, be something, just don't be a jerk ;-)
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