shrike wrote:
Courier Sportster wrote:
You could build a Mustang from scratch, accurate to the last detail, but it would not, legally, be a North American NA-73. It would be registered in the Experimental - Amateur Built category with YOU as the manufacturer, and subject to all of the restrictions of the category. You could not sell rides. You could be limited in it's regular operation.
As the manufacturer, you would have a lot of leeway as to maintenance and repair, BUT, if you sold it, the new owner would not. He would have to refer only to the documentation you provided, or have things approved on an ad hoc basis. He may, or may not, be able to use any information from NAA, or previously approved Mustang documentation, because, legally, it's still not a Mustang.
Resale value would be low at best,
all good points but a few points that need correction.
1. subject to all the restrictions of the category.
that is just one of the nice points of EAB, once out of phase 1, there are very few restrictions on the aircraft.
2. you would have a lot of leeway as to maintenance and repair, but, if you sold it, the new owner would not.
totally false. anybody can do maintenance on an EAB aircraft, no certification required. the only thing that someone without the repairman certificate must do is have the condition inspection signed off by an A&P. an IA is NOT required. any other maintenance and modifications can be done by anybody.
3. resale value would be low at best.
true, the value would never reach that of a certificated aircraft with lineage, I bet a well built EAB mustang would bring a very high dollar figure. thunder mustangs are bringing upwards of 750k. I am willing to bet that the late gerry becks A model, even though it was EAB would have brought a very nice price.
however, here is were the problem lies. there would be a fairly large number of forgings, castings, and other very special parts that would have to be made that would make the cost of building such an aircraft cost prohibitive. also, by having these parts fabricated by an outside shop you could run into the problem of having the FAA decide that it does not meet the restrictions of EAB and you would be in experimental exhibition and that category does have many restrictions on it. There are very few shops that have the skills and equipment to do that type of work. but lets face it, with some aircraft, if you want one that is the only way your going to get one. other such as a mustang, there are real ones available for what it would cost you to build one or less.
Robert Burns