What magic do the JS3 and Ventus 3 have that the ASG-29 Does not?

Can't you pay the quoted price when you place the order and have it
contractually fixed?

On 8/17/2018 9:02 AM, Jonathan St. Cloud wrote:
On Friday, August 17, 2018 at 5:43:09 AM UTC-7, Brett wrote:
Bojack J4;974727 Wrote:
Quarter million dollars.....yikes!!!
Both the JS3 and the Ventus 3 are much less expensive. You are
misinformed - some posters should get their facts straight before they
hit send.

Brett




--
Brett
No, I am not. Okay, perhaps I am on the high side by $20,000. If you have never ordered a new glider, budget twenty percent more than you price it out. In September of 2015 a new well equipped ASG-29Es delivered to Houston was $194K. A worse exchange rate, a yearly increase in price, shipping costs will be higher, new model base price increase...several years wait with more yearly price increase. EVERYTHING is an option that costs. If you are ordering a new 15/18 German or South African glider with a turbo for delivery in three years, it could get really uncomfortable if you do not have the better part of a quarter million dollars budgeted. I have ordered several new gliders and have always been unpleasantly surprised at how much more they cost than I had priced and how much longer they took to arrive than promised.

--
Dan, 5J

On Friday, August 17, 2018 at 9:01:53 AM UTC-7, Dan Marotta wrote:
Can't you pay the quoted price when you place the order and have it
contractually fixed?

On 8/17/2018 9:02 AM, Jonathan St. Cloud wrote:
On Friday, August 17, 2018 at 5:43:09 AM UTC-7, Brett wrote:
Bojack J4;974727 Wrote:
Quarter million dollars.....yikes!!!
Both the JS3 and the Ventus 3 are much less expensive. You are
misinformed - some posters should get their facts straight before they
hit send.

Brett




--
Brett
No, I am not. Okay, perhaps I am on the high side by $20,000. If you have never ordered a new glider, budget twenty percent more than you price it out. In September of 2015 a new well equipped ASG-29Es delivered to Houston was $194K. A worse exchange rate, a yearly increase in price, shipping costs will be higher, new model base price increase...several years wait with more yearly price increase. EVERYTHING is an option that costs. If you are ordering a new 15/18 German or South African glider with a turbo for delivery in three years, it could get really uncomfortable if you do not have the better part of a quarter million dollars budgeted. I have ordered several new gliders and have always been unpleasantly surprised at how much more they cost than I had priced and how much longer they took to arrive than promised.

--
Dan, 5J

Unless there is a historical low in your favor in the exchange rate, one is usually better served by changing money during favorable swings in exchange rate. If you want a new glider it will cost big dollars. Fortunately there are many ASG-29/27, Ventus 2's of all flavors, which for all practical purposes have the same performance as the latest JS3, V3, Dianna 3. In the 15meter WGC an ASG-29 got 1st, a Dianna 2 2nd, and a V2 4th. This tells me that if you are a competitive pilot, these ships are still competitive. I had several pilots tell me that the V2 was still the best climber even better than a V3.

If you look, I believe there is fine print about exchange rates.

The next post down from yours, yes, some peeps buy "local currency" when low and hang onto it. Then they are sorta immune to exchange rate fluctuations.

I know of a few eastern US peeps that used to play the exchange rate market. Buy when a local (overseas) currency was low (usually DM's) and then sit and wait.
Many years ago, there was a HUGE slew in rates. If you had local, great. If you converted then, welp, SOL.......

Timing can be everything.......

I was never much good at forecasting financial markets. So several months before delivery of my ASW 24 in late 1991, I began worrying that the exchange rate (D-mark) would move against me. So I bought a DM call option. I forget the amount but the contract almost covered what I owed Schleicher. It was slightly out of the money with a short-term expiration date so it seemed like cheap insurance. If the exchange rate remained the same or the DM weakened, I would lose only the small amount invested. But when the day arrived, the DM had appreciated a bit and my option was now slightly in the money. So I had a modest gain to offset the higher amount of US$ I would have to pay for my DMs. I was about to close out my position when I discovered that the type of option I had bought (European style?) allowed me to exercise through my brokerage account and actually take delivery of the underlying currency in any bank account I wished, in this case Schleicher's bank. Wow! I avoided various wire transfer fees plus currency conversion costs and got the "big bank" exchange rate. OK, the savings weren't huge: IIRC, on the order of $500 in total. But I was pretty pleased with myself. That was my last new glider.

Chip Bearden

wrote on 8/17/2018 2:41 PM:
I was never much good at forecasting financial markets. So several months
before delivery of my ASW 24 in late 1991, I began worrying that the exchange
rate (D-mark) would move against me. So I bought a DM call option. I forget the
amount but the contract almost covered what I owed Schleicher. It was slightly
out of the money with a short-term expiration date so it seemed like cheap
insurance. If the exchange rate remained the same or the DM weakened, I would
lose only the small amount invested. But when the day arrived, the DM had
appreciated a bit and my option was now slightly in the money. So I had a
modest gain to offset the higher amount of US$ I would have to pay for my DMs.
I was about to close out my position when I discovered that the type of option
I had bought (European style?) allowed me to exercise through my brokerage
account and actually take delivery of the underlying currency in any bank
account I wished, in this case Schleicher's bank. Wow! I avoided various wire
transfer fees plus currency conversion costs and got the "big bank" exchange
rate. OK, the savings weren't huge: IIRC, on the order of $500 in total. But I
was pretty pleased with myself. That was my last new glider.

For first new glider I bought (ASW20C), I researched currency markets, trying to
figure out what to do. The dealer, John Murray, told me "If I was any good at
understanding currency markets, I'd be buying gliders instead of selling them". By
the time I figured out the perfect strategy, the Mark had fallen to long-time low,
and I got the glider cheap when I converted my dollars to Marks.

When I bought my second new glider (ASH26E), I used the same approach, but the
Mark kept going up and up and ... So, lost ground on that one, but it's been a
terrific glider for 25 seasons, and my wife loves it ("it always gets home").

--
Eric Greenwell - Washington State, USA (change ".netto" to ".us" to email me)
- "A Guide to Self-Launching Sailplane Operation"
https://sites.google.com/site/motorg...ad-the-guide-1
- "Transponders in Sailplanes - Dec 2014a" also ADS-B, PCAS, Flarm

http://soaringsafety.org/prevention/...anes-2014A.pdf