Re: [ercoupe-tech] Re: 50.000.- coupe

[Caliendo Dan]

I advertised my plane for $37,000; but after watching other ads I decided I was asking too much. I lowered the  price to $32,500 and have a buyer with two people waiting in line hoping he won't buy it. This morning I got a  "serious" call from the $37,000 ad in Trade-a-Plane. She asked if she could overbid the buyer (not knowing  what he paid). Relax, Steve, I didn't take her up on it .  As of now, you have two choices: spend $100 and up or buy a coupe for about a third of that if you want LSA. Some people's pocketbook don't give them a choice. Others realize that none of the other LSA's let you fly open cockpit and not pay personal property tax in many of  the states. Dan Caliendo Ercoupe 3658 Mach 0.4 On Jun 13, 2010, at 9:42 AM, Donald wrote:   That is what I am trying to accomplish with mine. I bought it last December, and have been steadily working it over ever since, although it was a flying fresh annual plane. My goal was not to restore it to original, but to upgrade it to current standards and renew those things that were great ideas to start with. Fortunately I am doing it all myself, so the actual dollars will be smaller than some would spend, but I feel the end result will be something BETTER than the $100k LSA on the market. I am old and don't have that many years of flying left, but of the other three airraft I have owned, I doubled or tripled my original purchase price on each of them. I can not imagine anything like that on my Ercoupe, but with sales prices steadily increasing, who knows. I don't imagine someone that bought one of these new for $2500 or so would have ever guessed they would be selling in the $25k to $30k range either. --- In ercoupe-tech@yahoogroups.com, ALAN FAIRCLOUGH <texasavia...@...> wrote: > > You can certainly spend 50K in labor and parts to rebuild a coupe and put it into better than new condition with updated metallurgy, new cylinders, avionics, all the AD's learned from 60 years of field testing and a good paint job. >   > Why not?. >   > You end up with a better plane than a new LSA that has not been field tested. >   > AF. > N87333 > N94694 > Dan Caliendo Ercoupe 3658 Mach 0.4