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Need some guidance

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hames57

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I may be facing a personal issue that would require I put finishing NC55100's rebuild on hold for almost 3 years. I've been working on her for almost four years to this point. I've put 35000.00 cash into her, and untold hours. I'm about 500 dollars in cash, and another hundred hours to get her to the point that the fuselage would be considered complete and ready to fly except for wings. (However, my time and cash estimates on this airplane so far have been off by a factor of two to three every time.

I don't want this airplane to sit in its current pristine condition in storage for 3 years, so I'm leaning heavily towards selling it as is.

NOTE: The wings have yet to even been started. They are still covered, and do need a complete restoration in my opinion.

The current guidance I'm looking for is whether to spend the extra money and time with the fuselage and would I get any added dollars out of it by doing that, at this point as opposed to selling it as is.

In three years, hopefully, I'll be back working on another airplane, but I simply can't see storing this thing away that long and watching it possibly deteriorate from the virtually zero time pristine thing it is.

I'd truly appreciate your thoughts.

The skylight needs to be installed. The tail feathers don't need restoration and are flyable as is though they could use some paint. The engine is a millenium 65 hp with about 40 hours on it since rebuild. Mags were rebuilt at that time, prop replaced. Everything on the fuselage is new except for a few controls pieces that were salvageable from the donor, new engine mount, muffler shrouds. New fuselage from Uni, and all landing gear etc. Grove brakes, Kasola harnesses. Much more.

Kills me to have to let it go, but storing for three years isn't smart in my opinion. A year maybe, but three, no.

If you wish to reply in any significant detail or ask any questions, please send private e-mail to: [email protected].
 

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