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Pietenpol-List: Partially Built Piet

Posted: Mon Aug 30, 1999 9:35 am
by matronics
Original Posted By: Gary Gower
Just wanted to ask everyone's opinion.I looked at a partially completed Piet yesterday that I'm thinking aboutbuying.The wings are complete but not covered, three piece. Fuselage iscomplete except final control cabling and instruments, long design.Engine mount for a Lyc is complete and test hung. 65 HP Lycoming in'good running order', what ever that means for sure.There is half of an engine cowl complete and a fiberglass fuel tank. Itis setting on Champ style gear with no rubber or rims.The plane is just about ready to cover and the gentlemen who built itwas an exceptional wood worker. He passed awaywith congestive heart failure and his son is selling.Ok, now for the questions.What should I look at specifically, if anything for safety orcorrectness. All joints look good, T88 was the glue. The ribs arebetter than any of mine. All the wood is Spruce and looks good as faras grain run out and per inch. The plane was supposed to have beeninspected by the FAA once but he couldn't find any paper work or logs. Same with the engine.How much is the aircraft worth and how much the engine? This will put me way ahead of my project. If I buy I think I'll keepworking on the one I've started though, even after I've finished the newone.Thanks everyone,Greg YotzJust wanted to ask everyone'sopinion.I looked at a partially completedPiet yesterdaythat I'm thinking about buying.The wings are complete but notcovered, threepiece. Fuselage is complete except final control cabling andinstruments,long design.Engine mount for a Lyc is completeand testhung. 65 HP Lycoming in 'good running order', what ever that meansforsure.There is half of an engine cowlcomplete and afiberglass fuel tank. It is setting on Champ style gear with norubber orrims.The plane is just about ready tocover and thegentlemen who built it was an exceptional wood worker. He passedawaywithcongestive heartfailure and his son is selling.Ok, now for thequestions.What should I look at specifically,if anythingfor safety or correctness. All joints look good, T88 was theglue.The ribs are better than any of mine. All the wood is Spruce andlooksgood as far as grain run out and per inch. The plane wassupposed tohave beeninspected bythe FAA oncebut he couldn't find any paper work or logs. Same with theengine.How much is the aircraft worth andhow much theengine? This will put me way ahead of myproject.If I buy I think I'll keep working on the one I've started though, evenafterI've finished the new one.Thanks everyone,Greg Yotz________________________________________________________________________________

Pietenpol-List: Re: Partially Built Piet

Posted: Mon Aug 30, 1999 10:13 am
by matronics
Original Posted By: "David B. Schober"
On Mon, 30 Aug 1999, Greg Yotz wrote:> Just wanted to ask everyone's opinion.> How much is the aircraft worth and how much the engine? > > Thanks everyone,> > > Greg Yotz> Looking at the going price for completed Piets, Flybabies and the like,I'd say that the airframe is worth around $4000-$5000 and the engineanother $1400-2500 USD, depending on the condition. Definitely check theengine for compression and runout on the crank. This will give you atleast an indication as to whether it's had a prop strike. I'd say offerhim $4000-$5000 for the lot and see how it goes.Ken Beanlands B.Eng (Aerospace)Calgary, Alberta, CanadaChristavia MK 1 C-GREN________________________________________________________________________________

Pietenpol-List: Re: Partially Built Piet

Posted: Mon Aug 30, 1999 12:00 pm
by matronics
Original Posted By: Randy Gaskins
My rule of thumb for any partially built homebuilt is that its value isonly marinally more than the value of the material. The engine may causesome concern in that parts for a 65 Lycoming are getting scarce and thisengine may cost more in the long run that an equivelant 65 Continental.Compariny it to another Piet I know of that's for sale, was flying witha corvair until corvair died, landed in hay field and took out one wing,all ribs built to repair wing, asking price $2500. I'd start in the$2000 range and go from there. Things to look for are how close to plansis the construction. Weight of components and quality of construction.It all comes down to a willing buyer and a willing seller!Greg Yotz wrote:> Just wanted to ask everyone's opinion.I looked at a partially> completed Piet yesterday that I'm thinking about buying.The wings are> complete but not covered, three piece. Fuselage is complete except> final control cabling and instruments, long design.Engine mount for a> Lyc is complete and test hung. 65 HP Lycoming in 'good running> order', what ever that means for sure.There is half of an engine cowl> complete and a fiberglass fuel tank. It is setting on Champ style> gear with no rubber or rims.The plane is just about ready to cover and> the gentlemen who built it was an exceptional wood worker. He passed> awaywith congestive heart failure and his son is selling. Ok, now for> the questions. What should I look at specifically, if anything for> safety or correctness. All joints look good, T88 was the glue. The> ribs are better than any of mine. All the wood is Spruce and looks> good as far as grain run out and per inch. The plane was supposed to> have beeninspected by the FAA once but he couldn't find any paper work> or logs. Same with the engine. How much is the aircraft worth and how> much the engine? This will put me way ahead of my project. If I buy I> think I'll keep working on the one I've started though, even after> I've finished the new one. Thanks everyone, Greg YotzMy rule of thumb for any partially built homebuilt is that its value isonly marinally more than the value of the material. The engine may causesome concern in that parts for a 65 Lycoming are getting scarce and thisengine may cost more in the long run that an equivelant 65 Continental.Compariny it to another Piet I know of that's for sale, was flying witha corvair until corvair died, landed in hay field and took out one wing,all ribs built to repair wing, asking price $2500. I'd start in the $2000range and go from there. Things to look for are how close to plans is theconstruction. Weight of components and quality of construction.It all comes down to a willing buyer and a willing seller!Greg Yotz wrote:Just wantedto ask everyone's opinion.Ilooked at a partially completed Piet yesterday that I'm thinking aboutbuying.The wings arecomplete but not covered, three piece. Fuselage is complete exceptfinal control cabling and instruments, long design.Enginemount for a Lyc is complete and test hung. 65 HP Lycoming in 'goodrunning order', what ever that means for sure.Thereis half of an engine cowl complete and a fiberglass fuel tank. Itis setting on Champ style gear with no rubber or rims.Theplane is just about ready to cover and the gentlemen who built it was anexceptional wood worker. He passed awaywithcongestive heart failure and his son is selling.Ok,now for the questions.Whatshould I look at specifically, if anything for safety or correctness.All joints look good, T88 was the glue. The ribs are better thanany of mine. All the wood is Spruce and looks good as far as grainrun out and per inch. The plane was supposed to have beeninspectedby the FAA once but he couldn't find any paper work or logs. Samewith the engine.How muchis the aircraft worth and how much the engine?Thiswill put me way ahead of my project. If I buy I think I'll keep workingon the one I've started though, even after I've finished the new one.Thankseveryone,GregYotz________________________________________________________________________________