Quote:
Originally posted by John-Tucson
This is an excellent question. As an aircraft owner I know of a few "homebuilt" owners who have disassembled their "homebuilt" aircraft and sold the parts rather then sell the entire aircraft because of the libility ! John
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John,
Years ago I was looking at a new VFR Maule directly from the factory for about $44K. 20% of the 44K was their cost for liability in manufacturing... I'm not even sure you can buy a new Cessna in this country anymore.. Last time I checked, I thought they were being leased out of Canada to US owner... Liability being the reason... Can you imagine what the previous owner of the plane John Denver crashed went through.