The monetary cost for building vs buying an RV is basically a wash. The big difference is you have tinbuild the kit which can allow you to spread the cost over time. So the first question you need to ask yourself AFTER you define your mission is do you want to build or fly? if you want to build, build--if you want to fly, buy.
$$$ basically correct.
When you build you can aim for exactly what you want. More important you will KNOW exactly what’s in it, how it was installed in it, and a be well prepared to maintain it.
It’s not a small difference.
Personally, the RV10 was exactly what I wanted. Building it was the only way to get it (no Bo’s in that price range with synthetic vision, GPSS IN A 2 AXIS AP and affordable maintenance). I built it to fly it. Took 5 years but I flew and worked the whole time.
I was looking at a 10. But I've read reviews that said if you arn't carrying four people regularly then go for a two seater.
I'd love to build it but I'm concerned about my lack of skill and knowledge. We have a few EAA chapters but the nearest few arn't very active. So I don't know if I have anyone around that could mentor. I have the space to build it and the time. To bad
@timwinters isn't closer then South MO.
If you have the space and time, consider building. You may find it the most rewarding thing you’ll ever do in this sport.
When I was shopping for my first plane (after 2 gliders), I was thinking Supercub or Citabria, my wife asked, “can I go with you”? Sure I said. “Can we carry bags to take trips”? Well not really, since you’re small we’ll be able to get a bit in. We ended up with a Maule... a great 2 place plane that can carry as much baggage as we ever wanted, or 4 people and enough luggage for a nudist resort.
The 10 serves us well as fast transport for 2 or 4. We start to run out of luggage space with 4 but have in fact traveled with 4 a good bit. But most of our travel is just 2 and more stuff than we need. That’s the sweet spot for a 4 place plane -2 people and just about anything including a case or two of wine and booze for our hosts in the Bahamas. Yeah!
If the price point isn’t an issue and travel for 2 is the goal, the RV10 is the ticket.
There are a lot airplanes you could buy for less than a rv-10. You’re going to be well into six figures before you finish a 10 with a IO-540 and avionics. Plus you’re talking quick build.
You could buy a bonanza ready to fly for far less money.
Yes, but see above.
No one has mentioned maintenance costs. That older Bo will cost you $$$. Self maintenance or an owner built 10 is a fraction of that. At 1000 hours my maintenance costs are below that of my almost new Maule. And I get about the same mpg.
Self maintenance savings are the reason I knew I could retire and happily fly off into our sunsets.
OBAM aircraft require you to put a lot more than $$$s in but you get a lot out of it as well. It’s not as simple as build then build/ fly then buy formulation. It’s not for everyone buts it’s just right for many.
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