Method for estimating Sale Price

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Price Evaluation/Estimation
Method for estimating Sale Price
I searched the Internet for similar aircraft, with similar hours on engine/frame etc. etc.
Prices Ranged from $35,000 - $47,000. Averaged cost approximately $39,000.
To have a flying helicopter, parts are needed. Parts could be aftermarket/used parts or new parts
from the factory, Rotorway International. Thus, two options are presented -- one taking the
Average price of $ 45,000 and subtracting the cost of aftermarket/used parts and the other all
new parts. Obviously, a mixture would probably be used.
Option 1
Option 2
Aftermarket/Used Parts New Parts
39,000
3,565
35,435
31,038
Average Cost
Parts Cost
Average of Options 1 & 2
39,000
12,360
26,640
The approximate average price using a split option of options 1 and 2 is $ 31,163 to be in line
with the current market. However, I am reducing the Price to $28,500 for a quick sale. I am
including parts, tools, instruments, testing equipment, landing gear, motor mount, etc., estimated
value $4,000 - $6,000. So, the package is somewhat underpriced.
Rotorway Exec. 90 reduced to $28,500
Trailer for Transport Priced at $ 8,700
Cost of items to be replaced with cost estimates as of 2014:
Item
Tail skin and
strengthening
braces
First header in tail
Main rotor blades
Cost
New
Cost,
estimated,
for
Aftermarket
777
75
7,050
2595
Tail rotor blades
500
330
Stinger is bent; it
potentially be
straightened or a
695
Cost Used,
All Costs are in US Dollars
Used costs are best estimates
estimated
aftermarket when value could not be obtained.
or
refurbished
500
35
1,415 If want inspection by Rotorway
the add $510/blade
200 New cost not obtained from
Rotorway (Estimated)
30 Repair old bent stinger or insert
new one made from pipe.
new stinger pipe
purchased and the
stinger replaced.
Horizontal fin must
be repaired (minor)
or replaced
Vertical Fin
Windscreen
Eyebrow windows
(2); price is for 2
Main shaft 1.75”
Total
391
695
1,975
202
450
12,810
95 E09-9021 Horizontal fin $391.28
0 The new price includes a
complete new vertical fin which
includes the stinger; otherwise
current fin manicured after stinger
pipe installed. Cost stinger pipe
not determined. Probably less than
$15.00
900
140
250 This price is an estimate
3,565
NOTE: The tail slider and assembly, including John Spurling tail rotor mechanism is probably good;
however, it would be a good practice to at least replace the shaft; Cost of shaft from Spurling unknown,
however, cost new shaft from Rotorway E17-6151 T/R shaft is $251.23. Note these prices were solicited
early in 2014.
Extra parts:
Extra cog belt (John Spurling)
Pulleys (2) for main belts
Metal U shaped flange
Hobbs meter (mechanical)
RPM gauge
Original manual rotor engage rod
Strengthening baffle bars for doors
Gill battery
Spark plugs
Blue Streak Governor (original cost $1,400)
Extra pilot handgrip with starter button for pilot (Rotorway design)
Water pressure valve housing
2 “B.” arm for collective
2 wheel pick up brackets
Motor mount for engine
Extra door parts
Rubber liner for eyebrows
Water pipe
Oil filter brackets (aluminum)
Fiberglass molded battery container
Training manual
Maintenance manual
Instruction manual
Previous owner's lag books (pilot, engine, and airframe)
Experimental feel magazine full set ($425 value)
Electrometric bearing – used (this is in addition to the two new ones)
Extra filter for carburetor
Extra pitch links (2)
Gas filter and gas filter housing
Ample supply of nuts, bolts, washers, rivets to reassemble helicopter are available. (Labeled & in
plastic bags)
Ample wires, electrical connectors, etc. for repairs
Ample supply of tie wraps numerous sizes from smallest to 20 inches in length
These items can be sold to recoup some cost or kept in case needed.
Helicopter
The helicopter slowly rolled over on a slope landing. When the accident occurred the helicopter
had just been rebuilt and had only 16 hours on frame etc. Thus, most of the Helicopter is new,
except the skin and engine (however, the engine was overhauled and has approximately 90
hours). Engine: Engine was returned to factory approximately 90 hours ago for overhaul and
duel spark plugs were installed at that time. New electrostatic ignition pack is also installed.
The generator was tested at Generator Rebuild shop, and determined to be 100% efficient.
Special hand grip for pilot installed on Cyclic.
Frame: The frame had only approximate 16 hours on it when the rollover occurred.
Instruments pod:
MGL Stratomaster Electronic rotor RPM, and RPM %; Engine RPM and RPM %; Hobbs Gage;
etc.
Air speed indicator
Vertical speed indicator
Manifold pressure gauge
Oil pressure gauge
RPM rotor gauge (second gauge)
Water temp gauge
Altimeter
Compass
Key on/off switch
GPD power supply switch
Panel lights
Garmin 310 GPS
GPS unit power supply connector hardwired for GPS unit
Governor light
Camera attachment on top of pod
Low rotor warning lights and horns
Ignition switch 1 & 2
Battery switch (Main)
Fuel pump 1 & 2 (electric)
Helicopter main power supply fuse
Instruments above Pilot’s feet on front panel
Fuel gage
Oil temperature gauge
Voltage gauge
Upper bearing temperature
Carburetor temperature
Other attributes in the cockpit:
Radio Pocket for insertion of radio
Radio connected to Pilot’s hand grip to transmit
Radio power supply wired to radio pocket
Enlarged Frequency window attached to radio for easy reading
Fuel on/off valve
Strobe on/off switch
ICOM aviation radio, model IC-A21 s/n 04274
Ceiling Instruments:
SoftCom International Communications Pod with input for recording or playing through; inputs
for playing to pilot and passenger
Clutch (electrostatic) engage/disengage switch
Fuel tanks 2 with total volume of 17 gallons (one tank is new, other is older)
Other:
Seat Belts (pilot & passenger)
David Clark Headset with dual connectors and wires
Special hand grip for pilot
Helicopter:
Electrostatic clutch (John Spurling)
Cog belt (by Andrew Burr; much stronger than John Spurling’s for extra safety) and an extra
John Spurling belt is included, if you wish to use it. Or sell it.
Front Doors, door latches, and hinges
Fuel tank caps are attached to helicopter to ensure that they cannot deport helicopter (safety fix)
Steel manifold guards installed (safety fix)
Gas tank with special gas line attachment to prevent accidental dislodgement (Safety fix)
Deloroto carburetor (improvement over the factory design)
Tail pulleys okay
New battery charger disconnect to connect the battery charger without removing the skin or
going through back panel)
New Odyssey 680 Battery approximately 15 lbs. lighter than the Gill battery
Fuel inspection tube installed for viewing water/debris in fuel from outside skin of helicopter
(prevents sampling)
New fuel, oil, and water lines installed
New fuel sender
New oil cooler
New fuel pumps (2)
New fuel filters and filters enclosure (extra filters provided)
Wiring is mostly new
Skid is in good condition
Cover for Helicopter (felt lined); nagahide on the outside.
Extra paint, oil, and fiber glass repair compounds
Complete brand antifreeze (X gallons) included (normally purchased by the case & is
considerably expensive)
Battery charger PC 680 Ship to Shore
Nylon Web straps for loading helicopter into trailer
Strobe (Pioneer DT36M) light for measuring rotor speed
Tie down straps for latching helicopter to trailer floor and ceiling
New heater motor in original box
Polish for glass windscreen
Shims for rotor system
2 fuel measuring devices for measuring fuel in tanks
1 Fuel pump
2 grease guns with the required 2 types of lubrication for specialized parts
Ramps to load helicopter (2 styles); fold out and insertion
Extra-long nylon fiber ropes with metal hooks for loading helicopter into trailer
Creeper for working under the helicopter
Hydraulic jacks (3)
Parts needed to be replaced:
First header in tail boom
Tail skin and strengthening braces
Tail rotor blades
Main rotor blades
Stinger (Stinger is bent; it potentially could be straightened, otherwise a new stinger pipe is
needed.
Windscreen (1)
Eyebrow windows (2)
The tail slider and assembly, including John Spurling tail rotor mechanism is probably good.
Horizontal fin must be repaired (minor) or replaced.
Manuals and CDs for construction of the completed helicopter are included.
Tools to construct and necessary instrument are also included with the helicopter.
Trailer items
Tail tie down flexible brace
Wireless wench for loading helicopter, with appropriate belts and hooks
Wired control for loading helicopter in case of failure of the wireless system
Grease guns (2 with appropriate grease included)
Heavy duty 12 Volt battery for operating wench for loading helicopter
Roll of extra electrical wire
Front door has double locks
Roll of webbing for manifold pipes and metal ties for tying off ends
Fuel calibration hose
Foam padding for latching the helicopter rotor to ceiling
Extra trailer clearance lights
Wind sock/kite
Batteries for wireless fob for wireless wench
Sealants and lubricants
Torque seal (3 colors)
Locks for trailer rear door
12 volt interior and loading lights for loading after dark for loading helicopter in the dark or at
non-lighted airport location
Temperature gage
2 Five gallon fuel tanks (for caring extra fuel)
Extra batteries 12 V
Epoxies
Magnetic bars for holding tools along the side of trailer
Ceiling bars for holding helicopter in place
Funnel with filter for inspecting for your fuel is contained in the fuel tanks.
Lift bar for raising the Helicopter off floor for weight and balance
Scales and “knife edges” for weighing and developing weight/balance data
All the tools required to assemble the helicopter (Other tools can be included if the buyer wished
to purchase them.)
Gauge to set angle on the main rotor
Angle gauge (measures to nearest 1/10 degree
Feeler gauge for plugs
Feeler gauge for tappets/lifters
3 funnel types for putting oil in the engine
Windshield dust mop
Documentation:
All documentation including the original construction diary/manual
Original diagrams (paper and CD are included) as well as newer diagrams for the Exec. 90
Original purchase orders, etc.
All Log Books (Engine and Airframe)
Helicopter Video Training Tapes are included to assist in learning to fly.
Various other documents beneficial for reconstruction.
Location:
Helicopter is located near Monterey, TN
Contact Information:
Douglas Barnett
dbarnett9@frontiernet.net
Home Phone: 931-839-3755
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