prototype plane list
James Carlson
carlsonj at workingcode.com
Thu Nov 19 08:35:15 EST 2009
Todd Brooks wrote:
> Ok, I have to admit that I have been very distracted lately. I apologize
> for not contributing more. I just caught up and read the previous
> emails. This is very good work.
>
> After next week, I should have more time. (I'm afraid to ask how much
> money you guys have cost me!)
How much you got? ;-}
Seriously, though, the ranges we generally agreed on living with were
$10K to $15K per person with four to five members. We haven't worked
out monthly and hourly costs, but they should be a bit below the ones we
talked about before because of the goal of avoiding financing.
(If we end up with four members and the plane we want is a little more
costly, I'd vote in favor of paying just $60K out of pocket and
financing the balance. Having a $10K or $20K balance financed doesn't
sound too bad to me, and for a bank I'd expect it to look like extremely
low risk. I'd be willing to sign a note that small myself ...)
--
James Carlson 42.703N 71.076W <carlsonj at workingcode.com>
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