WIX Archives
Re: Don't forget...
Posted by Christer on Thu Oct 24, 2002 06:23:16 AM
In reply top Don't forget... posted by bdk on Wed Oct 23, 2002 07:33:00 PM
: DEPRECIATION!
:
: When the plane is first restored with a new engine, new pa
: int, etc.- it is at a maximum value. Put a few hundred hou
: rs of flight time in and you add wear, hangar rash, oil on
: the cockpit floor, threadbare interior, worn tires, etc.
I understand that wear and tear sets the value down a bit but I think that You exaggerate a wee bit.
"Threadbare interior" after a few houndred hours, well, then it was lousy quality from the start, wasn?t it?
I?ve read somewhere that tyres need replacing every fifty hours or something like that, which put them in the expendable category.
: Also, don't forget that many owners are ready to move on t
: o a new challenge. The restored plane no longer commands t
: he same interest to the owner as when he (or she) was rese
: arching history or scrounging for parts, i.e. involved in
: the rebuild.
I alway thought that buying an airworthy warbird means that You pay all of the bills but don?t have all the fun. The rebuild process is part of it and, as You point out, all of it for some people.
I thought however that the revenue from selling the completed aircraft was meant to finance the next ...... and perhaps even provide the means of living.
: After all, more time is spent on this list wondering when
: a restoration will be flying than whether it flew 15 or 35
: hours last year... The creation of a flying machine somet
: imes holds more interest than the flying alone. Look at ho
: w many homebuilt aircraft are sold upon completion. Some j
: ust enjoy the building!
:
:
: : ...... why someone would sell a rebuilt warbird at a pri
: ce
: : lower than the actual cost?
: :
: : Does the owner forget about maths in the process or what
: ?
: :
: : Please, enlighten me!
: :
: : Christer