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Arts Web Site
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Date: 3-5-2017
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Number of Hours: 0.00
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Manual Reference:
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Brief Description: Research into kits - Velocity XL-5 RG
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The Velocity is my dream plane, but what would I need to build it? Time to consider the pros and cons of this aircraft.
First off is the cost. Just to get started, it would take an outlay of around $85k. That gets you a quickbuild fuselage and wings. I don't trust myself to build the wings correctly, so I need the QB wings. The QB fuselage isn't as necessary and it would save roughly $10k, but for this discussion I'm including it. Engine is an Lycoming IO-540-D4A5 for about $47k and the prop is an MT 3-bladed model for around $12k. Add in a full IFR panel of EFIS goodies and other miscellanious required parts (engine mount, exhaust, paint, etc.) and the final bill comes in north of $200k!
Second is the build space. I have a two car garage that can serve as an airplane factory, but I live in a condo complex that is not particularly sympathetic when it comes to using your garage for anything other than car storage. Even though there are several dozen parking spaces scattered around the complex, you must apply for a parking permit to use one of them and give a reason why you can't park your car in your own garage. To them, "airplane factory" is not a valid reason to issue a permit despite the fact that most spaces are empty overnight the vast majority of the time.
That means my car and kit would have to share the garage. The Velocity could be started in half a garage, but the move to the hangar would have to occur sooner. That's just more expense on top of an already expensive airplane. It looks like I need to consider other options.
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Velocity XL-5 RG
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Velocity Kit
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