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Europa - how much does it really cost?

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skyguard33-register(at)ya
Guest

Posted: Mon Feb 13, 2006 10:42 am Post subject: Europa - how much does it really cost?

Hi,



In looking at the possibility of purchasing a (secondhand) Europa I wondered if anyone would be prepared to comment on the two 'imponderable  questions' relating to aircraft ownership:



1. How much are you spending on maintenance per year (say 100 hours use)???



2. What is the collective wisdom on the depreciation I should budget for?



I appreciate that the desire to own and fly a Europa should easily outweigh these very mundane matters but any sensible comments would be welcomed!!!!



Thanks,



Terry.

carl(at)flyers.freeserve.
Guest

Posted: Mon Feb 13, 2006 11:33 am Post subject: Europa - how much does it really cost?

Maintenance itself is negligible.



Apart from the occasional mod, tyre or brake lining there is little else to 

replace.



100 hrs engine servive 25 for oil and 10 for oil filter, possibly 20 for 

a set of plugs.



PFA Permit renewal 160



Insurance 1500 average per year.



Average cost of a second hand Europa about 30,000 (or less).



I wouldnt say they depreciate, but the resale values of Europas have dropped 

steadily in the last ten years.



A good quality aircraft could fetch in excess of 35,000 then but you would 

be lucky to achieve 30,000 for a similar aircraft now and I suspect for a 

quick sale, 25,000 would be nearer the mark.



Just one thing though. If you purchase a mono wheel version, expect to break 

a propeller in the first 12 months of ownership (unless you are extremely 

lucky). Cost 500 approx or more if it is a VP prop.



---

jeff(at)rmmm.net
Guest

Posted: Mon Feb 13, 2006 1:42 pm Post subject: Europa - how much does it really cost?

 	  Quote: 	
		  

 A good quality aircraft could fetch in excess of 35,000 then but you 

 would

 be lucky to achieve 30,000 for a similar aircraft now and I suspect 

 for a

 quick sale, 25,000 would be nearer the mark.


	


Wow Carl,

If I can buy built Europa's across the pond for 25 to 35K I'm coming 

across soon. To buy a new kit here is alone $36K! Of course I don't 

think they'll sell many at that price.

Jeff

A258



[quote]

 Just one thing though. If you purchase a mono wheel version, expect to 

 break

 a propeller in the first 12 months of ownership (unless you are 

 extremely

 lucky). Cost 500 approx or more if it is a VP prop.



 ---

tonyk(at)kaon.co.nz
Guest

Posted: Mon Feb 13, 2006 2:11 pm Post subject: Europa - how much does it really cost?

 	  Quote: 	
		   A good quality aircraft could fetch in excess of 35,000 then but you 

 would be lucky to achieve 30,000 for a similar aircraft now and I 

 suspect for a quick sale, 25,000 would be nearer the mark.


	


 To buy a new kit here is alone $36K! Of course I don't think they'll

sell many at that price.



Methinks that Terry was talking pounds sterling rather that US dollars!

Both equally likeable currencies but with a 'slight' variance in

purchasing power.



Tony

Paul Boulet

Joined: 09 Jan 2006
Posts: 57
Location: Malibu, California

Posted: Mon Feb 13, 2006 2:26 pm Post subject: Europa - how much does it really cost?

I believe he meant pounds.....not dollars

Paul Boulet, N914PB

Malibu, CA

Tri gear conversion complete



---

pete(at)lawless.info
Guest

Posted: Mon Feb 13, 2006 2:31 pm Post subject: Europa - how much does it really cost?

Terry if you are looking for a good Classic G-SHSH is for sale at

Kemble.  Nice light aeroplane with only 30 hours ish on from new.



Its parked just behind mine.



Regards



Pete



--

sqwk7000(at)cotswoldwirel
Guest

Posted: Mon Feb 13, 2006 3:27 pm Post subject: Europa - how much does it really cost?

Hi Everyone,



Yes, G-SHSH is for sale - it's mine.



I was advised that a realistic price to ask is GBP 32,000.  It is very

well built (I would say that, wouldn't I?), light (789lb) but well

equipped.  TT 41 hours.  Rotax 912, Classic mono.  Factory trailer GBP

1,000.



I offered it for sale at GBP 33,000 last year.  There was considerable

interest but no firm buyer at that price.  On the other hand, I did not

advertise extensively because I was uncertain whether I really wanted to

part with it.  I propose to advertise more fully this spring.



If there is anyone out there interested, contact me off-forum for more

details.



Why spend 2,500 hours (several years) building, when you can buy a

completed one for half the total price?



David

PS  A thorough checkout with an experienced mono pilot/coach should save

you the cost of a new prop in the first year.



Quoting Pete Lawless <pete(at)lawless.info>:



 	  Quote: 	
		   



 Terry if you are looking for a good Classic G-SHSH is for sale at

 Kemble.  Nice light aeroplane with only 30 hours ish on from new.



 Its parked just behind mine.



 Regards



 Pete



>

 Just one thing though. If you purchase a mono wheel version, expect to

 break

 a propeller in the first 12 months of ownership (unless you are

 extremely

 lucky).

M.Grass(at)comcast.net
Guest

Posted: Mon Feb 13, 2006 5:32 pm Post subject: Europa - how much does it really cost?

 	  Quote: 	
		  Why spend 2,500 hours (several years) building, when you can buy a

completed one for half the total price?


	


Easy, because you miss out the fun and challenge to built it and have it the 

way you want it.



Michael Grass

A266 Trigear Detroit



---

gdh(at)isp.com
Guest

Posted: Mon Feb 13, 2006 5:33 pm Post subject: Europa - how much does it really cost?

Jeff,

Check www.controller.com. 

Dale

---

europa flugzeug fabrik

Joined: 13 Feb 2006
Posts: 65
Location: North Coast, USA

Posted: Mon Feb 13, 2006 6:59 pm Post subject: Re: Europa - how much does it really cost?

[quote="jeff(at)rmmm.net"] 	  Quote: 	
		   To buy a new kit here [in U.S.] is alone $36K! Of course I don't think they'll sell many at that price. 	


Doing the currency conversion on the 4 stages of the just the monowheel kit, it seems like with overseas/domestic shipping it could be well into the low 40's now in USD.  Not that our dollar continues to tank or anything like that!  Anybody know what recent U.S. kit sales are?



Reg,

Fred F.

flyinggpa(at)comcast.net
Guest

Posted: Mon Feb 13, 2006 9:19 pm Post subject: Europa - how much does it really cost?

All



I am not so happy with the declining price of used Europas in the US.  With out a strong factory presence, the price seems to be slipping. I saw a sale from an estate for a XS with a 914 go for about 45K.  It needed so touching up and has not been flown for over a year, but still it is a fine airplane. The new owner is very happy to have gotten it for that price. I saw him Friday at his hanger in Olympia, Washington, USA.  He is caption for Hawaii Airline, planning on retiring in a few years.



I have to tell him about this forum someday. 



Cliff Shaw

1041 Euclid ave.

Edmonds, WA 98020

425 776 5555

http://www.europaowners.org/WileE

  >  To buy a new kit here [in U.S.] is alone $36K! Of course I don't think they'll sell many at that price.



  Doing the currency conversion on the 4 stages of the just the monowheel kit, it seems like with overseas/domestic shipping it could be well into the low 40's now in USD.  Not that our dollar continues to tank or anything like that!  Anybody know what recent U.S. kit sales are?

skyguard33-register(at)ya
Guest

Posted: Thu Feb 16, 2006 2:38 pm Post subject: Europa - how much does it really cost?

 	  Quote: 	
		   Many thanks to everyone for the useful responses on this topic.


	


 	  Quote: 	
		   To Pete - thanks for mentioning G-SHSH, I have been in communication 

with  David.
	




 	  Quote: 	
		   Regds,

 
	


 	  Quote: 	
		   Terry

pete(at)lawless.info
Guest

Posted: Thu Feb 16, 2006 3:00 pm Post subject: Europa - how much does it really cost?

Good I shall be after David for a beer - or two!



Do not archive



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