April 1993 - American Bonanza Society

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Replacement value? Consult d1e Bluebook. In these d:1YS of increasing values on aircraft, it is sometimes difficult to obtain a fairly accurate eva luation of your aircmft. The Aircraji Bluebook Price Digest is the most common LOO! lIsed by the insurance companies for this evaluation. The bluebook value is based on the average retail. YOli then mu:;l take into consideration the additional equipment, hours on the engine and condition of the aircmft. Let's look at a 1964 Bonanza 535. The averdge retail value in the Spring 1993 edilion is 544,500. This average value is based on the aircraft having a dual nav-com, glideslope, Lrdnsponder, encoding allimeler, ADF, two axis, big tanks, 725 hours since major overhaul or new, exceptional interior and paint, no damage history, a six month annual INSURANCE and all AD's campi ied. Since the lime before overhaul is 1700 hours on the '64 535, the base avemge would be based on 725 hours since major overhaul (approximately 42.5%). If the '64 535 has a low lime engine, add S10 an hour, or if it has a high time engine, subtract $10 an hour. Other avemge equipment that adds lO the avemge relail would be Dl'vIE, $1,000; lhree axis All', $1,260; RNAV, $940; u1ree-blade prop, $270; tip tanks; $810; and oxygen, $650. AnOlher guide for delemlining the value of your avionics is to determine lhe age of the equipment and the new list price as oUllined below. Percent of new list price by age of equipment 1 year 7~ 2 years 60% 3 years 5~ 4 years 400Al 5-9 years 35% This table gives you an idea of how the average retail is looked at through th e eyes of the insurance companies. When you have ques [ions regarding the value o f your aircmft, send an equipment Iisl lO lhe insurance company for their evaluation so lhey will know exaclly whal you have in your aircraft. I[ is reconlmcnded that you insure your aircraft as close to replacement value as possible. Replacement value is not the amount for which you can sell your aircraft, which is oftentimes considembly less. If you have any questions concerning the value of your aircraft, please give us a call. We will give you the values currenlly in the "bluebook" and any other information we can help you with. You can call us ,oll free, 1-800-835-2677. Brenda j. Davrdson Vice President Rollins Hudig Hall of Kansas, Inc. HOW TO BUY A USED BIRD (conlil'lIledjrom page 3206) which prom pled a closer examination. That revealed a locked slip joinl in the righl reDact rod. Il would have lO be removed and replaoed. Altogether, the problems that Elliott's found for me ran in excess of $2,000 lO repair. The only person T have to blame for those problems is myself. If I had been smart enough lO lake the plane to the righl place, I would have known whal T was getting into before [ PUl my fOOL inlo it. [ would have had a beller ide''' of whal was wrong, instead of a false sense of security. Worst of all , T missed a chance to negOliate a more fair price for the plane. Aircra ft are complex animals, strung full of controls and eleclronics. Planes have been nearly regula led lO the point of extincti on, and for that reason many people feel a false sense of safelY in the purchase of an airplane. Perhaps i[ is the' frequency of inspections, or thal the plane gets looked over al least once per year. Whatever il is, people buy aircrafl every day WilhoUl laking a close look, and worse yet without a good prepurchase inspection . Of course, the only lhing worse than a cheap prepurchase in'>pe:ction is no inspection. To purchase an aircraft Sight unseen, much less withoul first having a Beech proficient mechanic inspect it, is lo invite disaster. This is even more true of AmeIican Bonanza Society members since ABS will attempt lO put you in touch with a qualified Becchcraft mechanic upon request. Such an offer should nol be passed up' Do nol repeal my error. Spend the money and gel a good prepurchase inspection. The money you save in the long run will far outweigh the COSl savings of a bargain inspection. George Wilhelmsen is a licensed Senior Reactor Operator with Commonwealth Edison . !-Ie is a 400 hour instmment rated pi/at and writes for Plane and pilol, Flight Training and the ABS Newsletter. EVERYTIllNG YOU LEARNED IN TIlE ORIGINAL COLVIN'S CllNIC. .. PLUS LOTS, LOTS MORE! It's h ere and available now! Noml Colvin's definitive new revised edition of the most authoritative le),.'tbook for the care and keeping of Bonanzas, Debonairs, Barons and Tmvel Airs lo be found anywhere al any price! There are 87 changes and additions lO the original book, including schematics and comparison charts for model changes up to 1992. It's a library in a book: a must for every ABS member. $39.95 - pills $3.50 postage and handling Send check, money order or charge lo VISA and MaslerCard Mail o r fax order foml on page 3203T. AMERICAN BONANZA SOCIETY, APRIL 1993 PAGE 3211
OUTLOOK • RENO ROUND-UP I visited the site of our 1993 annual convention on March 8 through March 10. The primary purpose of my trip was to sta rt the process of completing as many of the early arrangements as possible. Mainly, J was there to work on hotel reselv;Hions, ground trdnspOitation, and the host airport and FEO. I am pleased to report that our arrangements for these items are fairly well set Even though the two days were heavily scheduled. I did have time to enjoy the Reno atmosphere and to envision what the convention will probably be like in tllis very unique setting. World Class Even though Reno is really not an urban conununity, it is well known throughout the worl d. In tenns of visibility, it is strictly world class. \'\lhile there are green areas in town, the desert still shows through. To me, it is an interesting place in an interesting pan of the world-somewhere between the Old \'(lest and a sophisticated, intemational ciry. Hotel Alert! Our official convention hotel, the Reno Hilton, is a very nice fac ility that's getting nicer all the lime. By the time we check in on September 12, the latest renovation, including all new carpeting will be complete. Of more immediate importance is the fact that anyone interested in reservations at the hotel for the convemion elates of September 12 to 15 should immediately contact ABS Headquarters. There are only a limited number of rooms available (at this writing) so act quickly! The Race Days There are absolutely 110 rooms available at the Heno Hilton for the dates of the Air Races (September 16 to 19). However, there are a limited number of accommodations at the Roadway Inn for those date. The Roadway Inn is loca ted within a five minute walk of the Reno Hilton. The Roadway Inn also provides frequent shultle service to and from the Reno Hilton. Tf you're interested, you can call Karen O'Shea at me Roadway Inn at J-8oo-648-3800. Make haste if you want to make a reservation! Taking Shape We are actively negotiating with our major speakers for the General Session on 'Ionday and for the Awards Banquel on Wednesday. We have already booked our speaker for the Sunday welcoming dinner. Reno Jet Center, Mercury Aviation have been selected as our Host FBO on Reno Canon Airport. We have scheduled our lra.ditional Barbecue at Stead Field (the site of the Air Races) for Monday night. Our flight Line Inspection will take place on Tuesday night berween 5:00 and 7:00 p.m., followed by a cocktail hour and buffet at Lhe new S10 million Auto Museum. The Team As always, the Society's Executive Committee is in overall charge of the convention. In addition to the guidance they provide, the Executive Committee, headed by ABS President \Varren H offner, also panicipates in much of the detailed planning and preparations for our annual event. Three of our ABS members who live in Reno, including Director Roger Murray. Lew Gage and Lynn Jenkins, also provide us with sollle vel)' special assistance and advice. \'(le'li bring you more details of what is shaping up to be a fine convention as they develop. Hemember, if you have not made your reservation , it's not too late (as we go to press)! TELEPHONE DISCOUNT PROGRAM TIle ABS is offering customized long distance telephone discount programs optimized for each member's business and residentiaJ needs. These programs use the major long distance telephone companies, including AT&T, as underlying carriers and save members up to 25 percent on their business and residential long distance bills. Additionally, using this service supports the ASS with monthly contributions for as long as members use the service, allowing the ABS to further its member programs. The ABS long distance discount progl"dms are for bolh residential and business use. Residential progmms can be subscribed to by contacting ABS Headquarters and requesting a discount fOlm. Business progmms are optimized and detailed through a written proposal from an analysis of the needs, long distance telephone usage and calling pattems of the company enrolling under the A BS plan. Each program is guaf"dnteed and the resident i ~1I or business service may be rewrned to the original service without Cost if the member is not completely satisfied. Additional infonnation and service applications can be obtained by calling toll free 1-800-283-1092. AnENTION ABSMEMBERS Please include your ASS number with your letters to the editor and have the number ready when you call ASS Headquarters. This will help so much in getting your questions and correspondence handled quickly. Thank you. AMERICAN BONANZA SOCIETY, APRIL 1993 PAGE 3212
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Page 4 and 5: BONANZA OF THE MONTH ; Round-the-Wo
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Page 8 and 9: gravity near the forward limit. To
Page 10 and 11: AD! L26000 Louis H. Abbett L7978 Br
Page 12 and 13: How to buy a used bird By George Wi
Page 14 and 15: Thanks for Orlando BPPP. [ just wan
Page 16 and 17: them up for bench testing. They che
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April 1993 - American Bonanza Society

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