I did the same on our RV-10 build, I also added the part number stickers to the build log showing the more current date codes.My wing kit (which I hadn't yet assembled) had laser cut parts and I chose to replace them all - including the ones that I had to pay for myself. Not because I was worried about future airworthiness issues but because of the likely hit to future resale value. If a buyer has a choice of an RV-14 with or without laser cut parts, which will they choose? An informed buyer probably won't pay full price because of this.
Good info everyone. I have more questions to ask him now.
So - How did YOU value the plane when you purchased it? Did you know about the laser mis-cut parts issue prior to purchasing? If you are concerned about the laser cut parts then other might be... When you sell the plane, be honest and disclose what you know, do not speculate, do not represent things you are not certain of. You're likely talking about a sale that an uninformed purchaser who becomes aware after the fact may feel like they were taken advantage of... with all the possible ramifications that that could bring. Possibly consider having a professional appraisal done of the plane, disclosing what you know and let them write a proper report with all the proper words in it... potentially takes you out of the liability chain as best you can. For good or bad, by posting here you now have a documented history of "concern" and being educated to some extent that can be easily found with an internet search by anyone.I'm looking for a valuation on an RV14A with laser cut parts. The builder had previously built a 12 and 10. The 14 has a full Garmin IFR panel...very nice build. I'm just concerned about resale at some point.
I agree completely. Do the inspections on the critical parts and look for any signs of cracking.I think this is mostly a non issue. Sure, if you are selling to a VAF member who spent months reviewing the threads here as the saga unfolded then its an iisue. But in reality, most buyers will NOT be those people and many will barely cruise past a few posts here. I still hear about folks buying RVs with NO pre buy or one done by an A&P that has barely seen a few RVs let alone understand the LCP issue. In our little world, it is a big thing, outside that world it is barely known. And even if you did know, there is no easy way to figure out if a plane is or is not affected. Then there is the fact that many sellers are pretty loose with factual detail.
Further, I strongly doubt ANY RV with LCP parts is going to break up and fall out of the sky. I have seen a lot in prebuys that have issues that are much scarier or wallet busters than LCP. Iwould be WAYYYY more concerned with flying patterns conducive to lifter spalling than I would be with LCP presence.
You simply can't estimate the impact of an issue like this until you understand your potential buyer pool and simply can't do that by evalluating VAF member sentiment as they are not part of that pool.
You’re assuming the critical parts are even accessible for inspection and that the cracks (if they exist) have propagated enough to be seen.I agree completely. Do the inspections on the critical parts and look for any signs of cracking.
You may be right. But my prediction would be that the vast majority of future RV buyers will either have no idea about LCP or won’t care. Time will tell I suppose.Any RV with any LCP will be forever tarnished. Would be buyers beware. If you want one, it should be heavily discounted right up front.
Do you think that's also true of anyone doing a pre-buy for the buyers? Yes, I realize there are some number of buyers that don't even bother with a pre-buy - but I hope that's an ever decreasing minority.You may be right. But my prediction would be that the vast majority of future RV buyers will either have no idea about LCP or won’t care. Time will tell I suppose.
For the vast majority of A&Ps doing pre-buys, yes. It’s important not to confuse (a) the level of RV-specific knowledge and concern in this forum with (b) what exists in The Real World.Do you think that's also true of anyone doing a pre-buy for the buyers?
Plenty of A&Ps doing prebuys that have never been to VAF. How would you even know about the LCP issue if not a member here or the FB group? Outside of our community, this is virtually unknown. No SBs on this.Do you think that's also true of anyone doing a pre-buy for the buyers? Yes, I realize there are some number of buyers that don't even bother with a pre-buy - but I hope that's an ever decreasing minority.
Haven't bought it yet....just considering and looking to understand as much as possible beforehand. It's a sizeable investment.So - How did YOU value the plane when you purchased it? Did you know about the laser mis-cut parts issue prior to purchasing? If you are concerned about the laser cut parts then other might be... When you sell the plane, be honest and disclose what you know, do not speculate, do not represent things you are not certain of. You're likely talking about a sale that an uninformed purchaser who becomes aware after the fact may feel like they were taken advantage of... with all the possible ramifications that that could bring. Possibly consider having a professional appraisal done of the plane, disclosing what you know and let them write a proper report with all the proper words in it... potentially takes you out of the liability chain as best you can. For good or bad, by posting here you now have a documented history of "concern" and being educated to some extent that can be easily found with an internet search by anyone.
Maybe no Service Bulletins, but Van's has at least two Service Letters published & available on it's website. Any one looking for current Safety & Service Info can & should go to the manufactures website for the latest & historical Info... this should be done for every prebuy & condition inspection in my opinion.Plenty of A&Ps doing prebuys that have never been to VAF. How would you even know about the LCP issue if not a member here or the FB group? Outside of our community, this is virtually unknown. No SBs on this.
So you are a “new to Van’s” potential buyer and you’ve come here to VAF to do research? And your research led you to ask about laser mis-cut parts? If both of these are true - (1) good on you for doing some due diligence and (2) - to those who say no one else outside our community knows or cares about LMP - here’s some proof to the contrary.Haven't bought it yet....just considering and looking to understand as much as possible beforehand. It's a sizeable investment.
N=1. I wonder how many RVs were pre-buyed or purchased this week.to those who say no one else outside our community knows or cares about LMP - here’s some proof to the contrary.
Ok a single data point. Got it.N=1. I wonder how many RVs were pre-buyed or purchased this week.
I think this is an interesting comparison. Really not sure if their new price or resale value has plummeted.Would you think twice about buying a GM vehicle with a 6.2L V8 or a current generation Toyota/Lexus with the 3.5L twin turbo V6 even though only a small percentage are likely to fail?
Big time thread drift, but if you are talking about the Toyota engine failures - yes, a lot of dealers won't even take a current generation Tundra on trade due to the huge recall. And prices have plummeted on the trucks - so much so that the previous generation Tundras with the nearly bulletproof 5.7L V8 are commanding a premium over the newest generation.I think this is an interesting comparison. Really not sure if their new price or resale value has plummeted.
And how many rv sellers publish the ship date of their kit? How many buyers would even know the affected shipping dates?When I was at OSH a few years ago, (right after the Vans presentation how LCPs "should" have been fine if our suppliers (who we had not audited) would have used our specified cutting procedure. I went around to several kit producers and asked their engineers if they had used LCP for structural members or thought of using LCP's. The answer was "no way". My guess is potential buyers spending well over 200k for these recent airframes will do their due diligence and builders need to document how they mitigated the issue.
I’m not sure I’d call it mostly a non-issue.I think this is mostly a non issue. Sure, if you are selling to a VAF member who spent months reviewing the threads here as the saga unfolded then its an iisue. But in reality, most buyers will NOT be those people and many will barely cruise past a few posts here. I still hear about folks buying RVs with NO pre buy or one done by an A&P that has barely seen a few RVs let alone understand the LCP issue. In our little world, it is a big thing, outside that world it is barely known. And even if you did know, there is no easy way to figure out if a plane is or is not affected. Then there is the fact that many sellers are pretty loose with factual detail.
Further, I strongly doubt ANY RV with LCP parts is going to break up and fall out of the sky. I have seen a lot in prebuys that have issues that are much scarier or wallet busters than LCP. Iwould be WAYYYY more concerned with flying patterns conducive to lifter spalling than I would be with LCP presence.
You simply can't estimate the impact of an issue like this until you understand your potential buyer pool and simply can't do that by evalluating VAF member sentiment as they are not part of that pool.
Fair points. Though one has to wonder how buyers would navigate around that and cross check the seller. Can’t tell you how many issues i have found on pre buy inspections that were not disclosed by the seller. Sure, many were not known by the seller, but many were way too obvious for them to be oblivious.I’m not sure I’d call it mostly a non-issue.
VAF members may not represent the whole buyer pool, but the LCP issue is not exactly buried inside the VAF bubble either. A basic search — or even asking AI what to look for when buying a used Van’s RV-14 — quickly brings up caution about laser-cut parts.
So a buyer doesn’t have to have followed the whole saga to become concerned during normal due diligence.
What a great idea. This ought to be added to the classified template for selling a plane. Those without LCP/LMP or those who preemptively replaced will be able to distinguish themselves from those who have LCP/LMP. Kinda like damage history.And how many rv sellers publish the ship date of their kit? How many buyers would even know the affected shipping dates?