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Thread: How'd you fund your Kitfox?

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  1. #1

    Join Date
    Aug 2018
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    Bozeman, MT
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    Default Re: How'd you fund your Kitfox?

    Quote Originally Posted by efwd View Post
    Does Divorce count?
    Depends... was the plane a factor in the divorce? That would be good intel to have prior to placing my order lol.

    Quote Originally Posted by Shadowrider View Post
    Matt don’t take this the wrong way, and I don’t make much, but I am not a believer in going into debt. Start saving and only buy what you have money for.
    I completely agree with this. Just trying to get a idea of what people have done.

    Quote Originally Posted by jonstark View Post
    Cash.
    Just don’t attempt to justify the expense.
    Oh I'm only trying to "justify it" to the wife... I have 0 delusions about burning the money haha.

    Quote Originally Posted by jiott View Post
    Bought the wings first, then the fuse, then the engine &FWF, and last the avionics. It spread out the cost over 2.5 years.
    Thank you, this is probably what I'll end up doing as well. Piecemeal seems to be the best option for me. I could swing at the kit itself, but would take a few years to replenish my reserve and I'm a fan of keeping a safety net.
    The Avionics and Engine are the scary bit as about the time I get my savings back it'd be time to throw down the expensive part, and having a complete air frame would be a huge incentive to just finance the engine to get it done and start flying it.

    Thank you all for your responses.

  2. #2
    Senior Member efwd's Avatar
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    Jun 2015
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    Yorba Linda, CA
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    Default Re: How'd you fund your Kitfox?

    Nah, that's a bit tongue in cheek. My ex is good people. She is like those wives some have spoke about here who support a build as she did 16 yrs ago with my RV4 project. Divorce certainly helps on the time commodity though.
    Save, Save, and Save some more. Drive 20 year old cars and buy houses that don't cost you your entire pay check. Living with a Kitfox is far better than living with an extra 1000-1500 square feet you really don't need.
    Eddie Forward
    Flying
    SS7, 912iS, Garmin G3X

  3. #3
    Senior Member t j's Avatar
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    Oct 2009
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    Ellensburg, WA
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    Default Re: How'd you fund your Kitfox?

    I married a rich woman.
    Tom Jones
    Classic 4 builder

  4. #4

    Join Date
    Aug 2018
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    Bozeman, MT
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    Default Re: How'd you fund your Kitfox?

    You sir are smarter than I.

  5. #5
    Senior Member
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    Oct 2013
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    Brownsburg, IN
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    Default Re: How'd you fund your Kitfox?

    Quote Originally Posted by t j View Post
    I married a rich woman.
    I married one that, through hard work, became rich. In reality I sold a Piper Vagabond project that had been setting for 35 years and bought a Kitfox that needed some TLC. Not flying yet, still looking for an A&P to do the condition inspection.

  6. #6
    Senior Member Slyfox's Avatar
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    Dec 2008
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    felts field, spokane
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    Default Re: How'd you fund your Kitfox?

    by doing something in my life that makes me a lot of money.
    steve
    slyfox
    model IV 1200-flying
    912uls
    IVO medium in-flight
    RV7A-flying
    IO-360
    constant speed prop

  7. #7

    Join Date
    May 2011
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    Green River UTAH
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    Default Re: How'd you fund your Kitfox?

    Keep in mind that if you do finance it the lender will most likely want you to carry full insurance on it, mine did. That added an extra $1200 per year.

  8. #8
    rocketman2tm's Avatar
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    Feb 2010
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    Kenosha,WI
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    94

    Default Re: How'd you fund your Kitfox?

    I did the pay cash for what you can when you can method. Just make sure avionics are the last thing you buy as these are always getting better.

    Also if anyone ever asks how much your homebuilt airplane costs, just tell them "All of it."
    John Grueter
    N188LR
    Kenosha, WI
    Series 7 Super Sport - flying!

  9. #9

    Join Date
    Jan 2018
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    SoCal
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    Default Re: How'd you fund your Kitfox?

    Quote Originally Posted by 896tr View Post
    Keep in mind that if you do finance it the lender will most likely want you to carry full insurance on it, mine did. That added an extra $1200 per year.
    Seems like a ripoff. I got a quote last week from Falcon Insurance (via EAA) and it was $250/yr for project insurance while it's in kit form.

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