Curtis Pitts 14-13 Cruisair

H

Hemi Guy

New member
A friend of mine has a Bellanca that was at one time owned , maintained, and modified by Curtis Pitts. He has some neat paper work with it. He is wanting to sell It and I was wandering what this would do for the value. It is a project airplane. And if anyone out there has any more Info on this.

Model: 14-13-LY

Ser. #: 1302

N86940

Modified W/Lycoming 0-435-C

Thanks
Dusty
 
Hmmm.
I bought a complete aircraft (airframe, instruments, avionics, firewall forward) for less than $10,000. The engine was out and apart, but the airframe was intact in every way. That was June 26, 1999. I still haven't finished rebuilding it. :?

Several questions:
1) Any damage history?
2) Complete end-to-end aircraft?
3) Any instruments/ avionics? How old?
4) Total Time on engine and airframe?
5) Logs for both engine and airframe?
6) Any outstanding liens on the aircraft?
7) Is the aircraft apart or still on its gear?
8) Do the wings smell like a piano or a damp basement?

Even as a project, I strongly recommend a title search. AOPA was extremely helpful to me when I bought NC74392. :D
 
It was torn down for a total restoration, and has been setting since 1981. It has cleveland brakes and the big wing root fairings. it has basic instuments but no radios. The fuselage has beed striped, repaired, and epoxied with wood and control cables replaced. Control surfaces in different states of completion. Wood in wings all looks and taps good. Wings always inside. L wing was factory rebuilt in 1973 due to damage. All recent work done by the owner who is an A+P IA.

1198 TT AC
859 TT

Thanks
Dusty
 
Maybe you can "back-figure" the value. It'll take about $12,000 to get her back in the air without radios- that's $4000 for an engine overhaul, $6000 to rebuild the airframe, and $2000 for instrument overhaul. You can get a decent set of used avionics for about $5000 to $8000 more. If you go with new, you're looking at $14,000. These are my estimates for my Cruisair.

A Cruisair typically sells these days for about $25,000 (never could figure that low figure out- they're great aircraft!). So what's it worth to you to fly a Cruisair? $6,000 starting package? That would be my guess. :)
 
wait, let me get this straight.

you're trying to make economic sense of buying/restoring/flying an antique airplane? :roll:

did i miss something here? i thought all this activity required a healthy dose of denial in order to progress. please let me know what i've been missing! :wink:

as someone else said, "i drive old cars so i can fly old airplanes."

blue skies,
vic & N522A
 
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