How much will it cost to build a Velocity?
The Velocity line of aircraft is the value leader in the kit market, with the lowest cost for a four-place kit available. The price for the top-of-the-line, retractable gear Velocity kit including engine, prop and VFR avionics is less than a third of a new Mooney or Bonanza. Affordable new Cessnas and Pipers are unlikely to be offered anytime soon, so homebuilding is the best alternative for many pilots. With a mid-time used engine, a two bladed wood prop and VFR instrumentation, a fixed gear Velocity SE can be built for as little as $55,000 dollars. On the other end of the scale, with an XL RG, all the fast build options, factory new engine, M-T three bladed constant speed prop, IFR instrumentation, leather interior, etc., etc., expect to put at least $150,000 into your airplane. A new Mooney with similar equipment would sell for at least $450,000.
