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08 Nov 2025, 01:14 [ UTC - 5; DST ]


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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:07 
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Username Protected wrote:
Todd just wants to prove he can sell anything! He has mastered the impossible Duke. Now he needs to up the stakes with a turbine two-seat experimental.

:)


:coffee: It will take the end all of Apocalypse world coming to an end, I am checking out scenario for Todd to get one of these powered lawn darts sold after a couple months. I am not sure even he is up to it. Although, the cockpit is just about the right size for holding a beer as a nice end table if it doesn't work out.

It's Friday, the weather is lousy, just having some fun. :bud:



Ok, Let's try: For Sale: I do not have this plane yet, but it will be for sale in 2 months. Beautiful flying turbine lawn dart that is so easy to fly that a monkey could fly it. No training needed - read the POH and go fly it. I am moving to another planet and will not need another plane for some time.

Sound about right? :D
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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:10 
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Sounds tempting.....how much?

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:12 
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$25k less than I will pay for it. That seems to be the correct pricing historically :D

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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
PostPosted: 04 Apr 2014, 11:14 
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Joined: 01/31/10
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Where are my boots?

:D

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:21 
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Joined: 02/14/09
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Company: tomdrew.lawyer
Location: Des Moines, IA (KDSM)
Aircraft: 1973 Baron E55
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:

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:22 
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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!!!

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Views are my own and don’t represent employers or clients
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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:30 
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Tom, send me $90k and you own a Duke. I will have *MY* attorney draw up the paperwork. :lol:

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 11:47 
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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. :lol:


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.

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 13:18 
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I will buy tickets to that event!

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 13:57 
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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. :lol:


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.... :D

RAS

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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 14:21 
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Joined: 02/27/09
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Company: Veridian Ltd
Location: Des Moines, IA
Aircraft: Baron - B55
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.html

I 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
PostPosted: 04 Apr 2014, 14:32 
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If you want a newish turbine engine but do not want to pay full price. Go experimental PT6.
http://www.aerotekaviation.ca/products/ ... rsion-kit/

Tim


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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 15:23 
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Joined: 12/19/08
Posts: 12160
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Aircraft: C55
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.html

I 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 :D

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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
PostPosted: 04 Apr 2014, 15:36 
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Joined: 03/17/08
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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!!!

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Doug Rozendaal
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Be Nice, Kind, I don't care, be something, just don't be a jerk ;-)


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 Post subject: Re: Talk me out of buying a Glasair III
PostPosted: 04 Apr 2014, 15:41 
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Doug, I meant to say "strut" - sorry. I agree with you though.

I really like that F1!! If it were 20-30 knots faster I might buy one. I also really like the radial rocket. Probably be the same price as a legend, though, and it would be hard to take it over a turbine.

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