Not wanting to insult anyone that paid more, I will restate and expand on something I stated yesterday.
Even though a lot of KRs sell in the under $10,000 range I do feel that they are worth at least $5,000 more considering the plane that you get. You would be very hard pressed to buy or build anything that has the same speed, economy, safety, and is anywhere near as much fun to fly as a KR for the same price. I don't think that anyone that has paid more for an existing KR or has spent more money and years of work building one should ever look back and think they paid to much. Once you fly it you realize that if it cost you $20,000 you got your moneys worth. The sad reality is that resale values are much lower on a KR because the rest of the aviation world just dosn't know any better. Another opinion that you are all free to agree or disagree with is that building a KR or finishing a project should be a labor of love and an effort to have a plane that is exactly what you wanted. If you want to build something that you can sell for a profit build an RV. If you want the pride of flying a plane that you scratch built and put your heart and soul in build a KR. Brian Kraut Engineering Alternatives, Inc. www.engalt.com -----Original Message----- From: krnet-boun...@mylist.net [mailto:krnet-boun...@mylist.net]On Behalf Of Orma Robbins Sent: Friday, April 02, 2004 7:10 AM To: KRnet Subject: KR> KR Blue Book OK net THIS IS AN ATTEMPT TO START A DISCUSSION (AGRUMENT)!! Over the years meny project and completed KR's have been posted for sale. I don't seem to recall seeing the final sale price being posted in our public forum. Some of you out there in KR land have purchased your craft and maybe collectively you should get together and make a list of the registration status, tail number, hours flown, damage history, type equipment, and finally the price paid. There are probably more then one KR owner that has paid more then the suggested Blue Book and would be insulted to think anyone would recommend that their value is that limited. My realestate training tells me that sellers always think that the price they will recieve for their house is the listing price. The truth is that they usually recieve a lot less then the listing price. On rare occasions determined purchasers pay more then the going rate, because it is something that they want. Any attempt to place a value on the KR should at least be based on what has actually been sold. I feel that this kind of information would be useful to someone wanting to purchase a KR or KR project. If the real sales figures were published, Netters would see that some KR's sell for pennies while others have sold for as much as $16000.00 and maybe even more. THE ARGUEMENTS CAN NOW START!! Orma L. Robbins Southfield MI 19 Years flying KR-2 N110LR http://www.aviation-mechanics.com _______________________________________ to UNsubscribe from KRnet, send a message to krnet-le...@mylist.net please see other KRnet info at http://www.krnet.org/info.html
