Hi folks
Thanks to everyone that answered my previous post. Nothing in the replies has yet dissuaded me. I did wonder about the reasons behind non-completion rates. My guess is that many folks came across a completed aircraft and gave up on building in favour of having something now (I did that with my RV8 - lucky I never started building!). I also expect that there are a few that either become too old or too ill to finish. Importantly though, I don't get a strong sense that people start building and then find that they are completely incapable of the task.
My next task is to get project funding from the minister for war and finance. I've attached a PDF of a spreadsheet that I've knocked up. I'm curious about how wide of arc I am on my estimates. In summary I have estimated a total cost (AUD$) of about $120K over ten years. It is based on the following assumptions:
- Includes workshop and some tooling additions
- Scratch build fuse and empennage (OA welding)
- Wing materials, hardware, wires, brackets, finishing components (nosebowl, canopy) etc. from Steen
- Expired O/IO360 that I will overhaul under supervision
- Fixed pitch prop
- Basic avionics plus ADSB
Feel free to comment/criticise/tear it apart!
Thanks to everyone that answered my previous post. Nothing in the replies has yet dissuaded me. I did wonder about the reasons behind non-completion rates. My guess is that many folks came across a completed aircraft and gave up on building in favour of having something now (I did that with my RV8 - lucky I never started building!). I also expect that there are a few that either become too old or too ill to finish. Importantly though, I don't get a strong sense that people start building and then find that they are completely incapable of the task.
My next task is to get project funding from the minister for war and finance. I've attached a PDF of a spreadsheet that I've knocked up. I'm curious about how wide of arc I am on my estimates. In summary I have estimated a total cost (AUD$) of about $120K over ten years. It is based on the following assumptions:
- Includes workshop and some tooling additions
- Scratch build fuse and empennage (OA welding)
- Wing materials, hardware, wires, brackets, finishing components (nosebowl, canopy) etc. from Steen
- Expired O/IO360 that I will overhaul under supervision
- Fixed pitch prop
- Basic avionics plus ADSB
Feel free to comment/criticise/tear it apart!
