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1. 11:16 AM - Help ! (jaybannist@cs.com)
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I need your help.
My airplane, N2630J, "Lil Bruiser", a Zodiac 601XL with a William Wynne Co
rvair engine, was a certified (E-AB), well mannered, flying airplane. In
an off-airport landing, it struck a berm, bending t the nose gear strut,
firewall, cabin floor and cowling. The prop was stopped in the horizonta
l position, so the prop nor engine suffered damage. It is now hangared at
Hicks Airfield near Fort Worth, Texas.
Because of my physical condition, I am no longer able to fly, so I know th
at I will never fly this airplane. Consequently, as you might guess, I
have no motivation to repair it myself; and would like to sell it to some
one who will fly it..
I have invested around $50,000 in the airplane and I am willing to sell it
for $20,000. It will require about $3,000 in parts to repair. So for arou
nd $23,000 (less than the cost of a 650 kit and an engine) and around 300
hours of work, a person could have one sweet $50,000 airplane in a relati
vely short period of time.
I have the XLB upgrade kit, still in the shipping containers that will be
furnished to a buyer.
My questions are:
Is trying to sell the airplane as is, where is, reasonable?
If so, how is the best way to go about finding a buyer?
If not, should I consider selling parts, or just sell the whole thing to
the salvage yard?
Thanks for your help in advance,
Jay Bannister
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