Last Allis Built-$46,000
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=127682
Printed Date: 20 Aug 2025 at 11:38pm Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Last Allis Built-$46,000
Posted By: JayIN
Subject: Last Allis Built-$46,000
Date Posted: 23 Aug 2016 at 4:57am
What a steal! It would be worth that if it was ragged out and had 8,000 hours on it. Lets put this in perspective- the new Ford pickup I glanced at our show last week was $48,000. Is a new pickup a good investment? What will it be worth in 10 years? Someone made the right move buying this 6070.
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Replies:
Posted By: tomstractorsandtoys
Date Posted: 23 Aug 2016 at 6:10am
I thought that tractor would bring more. It is the same as new and at that price you could buy it and use it. Another post talks about three being less and less Allis people and I guess that price reflects that fact. But many of the other prices seemed very good maybe even on the high side but everything was top quality low hour so maybe they were all reasonable as they are only low hour machines once and it takes a lot of money to restore one right. Tom
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Posted By: kev/ont
Date Posted: 23 Aug 2016 at 6:10am
I have to respectfully disagree. It was on an open auction. Anybody could have bid and bought it. 46000 is its value. If you had put 25000 in an investment 25 years ago and cashed it out yesterday for 46000, your rate of return would be 2 percent compounded daily. You can get that money almost anywhere. I do agree it sold light in my opinion, but not many would have the climate controlled facility to care for such a purchase either.
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Posted By: jaybmiller
Date Posted: 23 Aug 2016 at 6:17am
Lets put this in perspective- the new Ford pickup I glanced at our show
last week was $48,000. Is a new pickup a good investment? What will it
be worth in 10 years?
Well if it was the LAST Ford pickup, in 10 years , you'd probably double your money or more. Gotta compare apples to apples. Now, I have no idea what that tractor 'should' have sold for( or it's actual condition) but for 46K I'd have to see 24KT gold plated 'provinence'( proof up the wazu) that it WAS the last one ever built !
Jay
------------- 3 D-14s,A-C forklift, B-112 Kubota BX23S lil' TOOT( The Other Orange Tractor)
Never burn your bridges, unless you can walk on water
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Posted By: Lon(MN)
Date Posted: 23 Aug 2016 at 6:19am
I wonder who the new owner is.
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Posted By: DanD
Date Posted: 23 Aug 2016 at 6:24am
I'm afraid that the pool of people who have an interest in old Allis-Chalmers tractors and $50000 burning a hole in their pocket to spend on a 30 year old 70hp tractor they can't really use plus the cost to house this tractor properly is not really that large.
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Posted By: Fred in Pa
Date Posted: 23 Aug 2016 at 6:26am
It takes Bidders ,not someone that thinks it is worth more .
------------- He who dies with the most toys is, nonetheless ,still dead. If all else fails ,Read all that is PRINTED.
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Posted By: Lonn
Date Posted: 23 Aug 2016 at 6:28am
You can get 2% compounded daily??? Why am I missing out??? I'm sure you misstated or I took your statement wrong. Compound .000054795% daily to get an annual rate of 2%.$25,000 x .02 = $500 on the first day earned. 2% yearly interest rate is about $1.37 on the first day. I'm not sure what that works out to be over 25 years.
------------- -- --- .... .- -- -- .- -.. / .-- .- ... / .- / -- ..- .-. -.. . .-. .. -. --. / -.-. .... .. .-.. -.. / .-. .- .--. .. ... - Wink I am a Russian Bot
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Posted By: Gary Burnett
Date Posted: 23 Aug 2016 at 6:44am
To me the last something or other built is a lot different from a rare low production item, the only thing that makes the last one built different from all the rest is the serial number.I know that brings some premium but its exactly like all the others built.It'd be neat to have but if I had $46,000 in hand to spend on neat tractors it wouldn't have been on that one.Think about all the tractors and equipment $46,000 could get how many would actually hand over the $$$$ for that tractor? Saying "someone" should have paid more and forking over that amount of cash in hundred dollar bill$ is two totally different things.
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Posted By: kev/ont
Date Posted: 23 Aug 2016 at 6:47am
Sorry i didnt specify, 2 percent annual rate compounded daily works out to 45500 over 30 years.
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Posted By: Unit3
Date Posted: 23 Aug 2016 at 7:11am
And what would it have been worth "IF" corn was in the $7 and $8 range again?
------------- 2-8070FWA PS/8050PS/7080/7045PS/200/D15-II/2-WD45/WD/3-WC/UC/C
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Posted By: DougS
Date Posted: 23 Aug 2016 at 7:46am
Unit3 wrote:
And what would it have been worth "IF" corn was in the $7 and $8 range again? |
Depends on who bought it. I suppose if two or more corn farmers were really interested in it as a working machine it might have bought more. I doubt that was the case.
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Posted By: JayIN
Date Posted: 23 Aug 2016 at 9:48am
So a 220 fwd is worth more than the last Allis ever built. Anyone that would use that 6070 as a working tractor is a fool. Needs to be in the Smithsonian.
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: JayIN
Date Posted: 23 Aug 2016 at 9:53am
46,000 is only 5 acres of prime farmground around here. Fanetti probably paid around $22,500 for it when he bought it. Doubled his money in 30 years. Wasn't such a good investment after all.
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: Gary Burnett
Date Posted: 23 Aug 2016 at 10:02am
JayIN wrote:
46,000 is only 5 acres of prime farmground around here. Fanetti probably paid around $22,500 for it when he bought it. Doubled his money in 30 years. Wasn't such a good investment after all. |
Really he didn't double his money as $46,000 today won't buy anymore than with many things than $22,500 would have bought 30 years ago but the good news is at least he stayed even.Really boils down to how much it meant to him to have that tractor in his possession.If he'd of bought Gold with the 22K 30 years ago he could have cashed out now around 80K depending on exactly when he bought it.
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Posted By: Butch(OH)
Date Posted: 23 Aug 2016 at 10:11am
I am just a rail bird but that one did surprise me. 220FWA's continue to amaze also.
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Posted By: Tbone95
Date Posted: 23 Aug 2016 at 11:19am
Lonn wrote:
You can get 2% compounded daily??? Why am I missing out??? I'm sure you misstated or I took your statement wrong. Compound .000054795% daily to get an annual rate of 2%.$25,000 x .02 = $500 on the first day earned. 2% yearly interest rate is about $1.37 on the first day. I'm not sure what that works out to be over 25 years. |
Probably just means 2% annual interest, compounded daily, so you're both correct. You can make the compounding period from annually to daily to "continuously" where you use the exponential function, which between that and daily ends up being pennies a year for a given interest rate.
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Posted By: Tbone95
Date Posted: 23 Aug 2016 at 11:20am
JayIN wrote:
So a 220 fwd is worth more than the last Allis ever built. Anyone that would use that 6070 as a working tractor is a fool. Needs to be in the Smithsonian. |
Smithsonian? Wow!
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Posted By: TREVMAN
Date Posted: 23 Aug 2016 at 1:57pm
I am sure I heard a story once that the last tractor off the line was an 8070 mfwd, and it was put in "storage". That's just a story, but I suspect if the last tractor off the line was a "purebred" Allis and one of the 8000 series or one of the 4w220 or 4w305, it would command A LOT more than a 70 hp half fiat tractor. JMHO, Trev.
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Posted By: JayIN
Date Posted: 23 Aug 2016 at 2:43pm
Well, I am just stirring the pot trying to get some discussion going. Ya just never know, do ya?
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: Lonn
Date Posted: 23 Aug 2016 at 2:55pm
Tbone95 wrote:
Lonn wrote:
You can get 2% compounded daily??? Why am I missing out??? I'm sure you misstated or I took your statement wrong. Compound .000054795% daily to get an annual rate of 2%.$25,000 x .02 = $500 on the first day earned. 2% yearly interest rate is about $1.37 on the first day. I'm not sure what that works out to be over 25 years. |
Probably just means 2% annual interest, compounded daily, so you're both correct. You can make the compounding period from annually to daily to "continuously" where you use the exponential function, which between that and daily ends up being pennies a year for a given interest rate. | Yep I get what he meant. It just didn't ring right in my ear when I first read it. Is this still "interesting"? Pun intended.
------------- -- --- .... .- -- -- .- -.. / .-- .- ... / .- / -- ..- .-. -.. . .-. .. -. --. / -.-. .... .. .-.. -.. / .-. .- .--. .. ... - Wink I am a Russian Bot
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Posted By: ILGLEANER
Date Posted: 23 Aug 2016 at 3:44pm
Argue one way or the other we are neither right or wrong. My opinion, if corn was still 7 or 8 dollars it would have brought more. I would have bid to own the last one. It was the only tractor in the collection you can't replace anywhere in the world. No where, nota, nothing. Its the only tractor that was the last made by a company that had made tractors for years. Anything else is people saying this or that. Like the 220fwa. There is no proof nor will there ever be proof, of how many were made, or exist. I would take the 6070 over the 220fwa for the same money. Its 1 of 1 IG
------------- Education doesn't make you smart, it makes you educated.
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Posted By: 45 turboa-
Date Posted: 23 Aug 2016 at 4:05pm
Now the 8070 that went to some Araib country[ prolly spelt wrong] now that would be worth some cash the second to the last off the line and it was all ALLIS CHALMERS. I hope the 6070 ends up in a museum. Thirty + years ago we had 2- 220 Fwds who would of known. Hind sight .
------------- turbocharged
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Posted By: Daehler
Date Posted: 23 Aug 2016 at 5:36pm
ILGLEANER wrote:
Argue one way or the other we are neither right or wrong. My opinion, if corn was still 7 or 8 dollars it would have brought more. I would have bid to own the last one. It was the only tractor in the collection you can't replace anywhere in the world. No where, nota, nothing. Its the only tractor that was the last made by a company that had made tractors for years. Anything else is people saying this or that. Like the 220fwa. There is no proof nor will there ever be proof, of how many were made, or exist. I would take the 6070 over the 220fwa for the same money. Its 1 of 1 IG |
100% in agreement.
------------- 8070FWA,7080 BlackBelly, 7045,2 200s,D19,D17,G, WD,45,UC,7 AC mowers and lots more!
"IT TAKES 3 JD's TO OUT DO AN ALLIS, 2 TO MATCH IT IN THE FIELD AND 1 FOR PARTS!"
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Posted By: GreenOrange
Date Posted: 23 Aug 2016 at 5:43pm
I agree with IG as well - the tractor was well bought. Hopefully it goes to a home as good as the one it had.
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Posted By: Austin(WI)
Date Posted: 23 Aug 2016 at 5:48pm
Glad I was able to see this 6070....even got to share the experience with my dad, brother and father-in-law. It is a one of a kind AC tractor.... I think for $46K, the new owner has to be a die-hard Allis-Chalmers enthusiast and will take care of it.
------------- "Better By Design"
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Posted By: Unit3
Date Posted: 23 Aug 2016 at 5:59pm
ILGLEANER wrote:
Argue one way or the other we are neither right or wrong. My opinion, if corn was still 7 or 8 dollars it would have brought more. I would have bid to own the last one. It was the only tractor in the collection you can't replace anywhere in the world. No where, nota, nothing. Its the only tractor that was the last made by a company that had made tractors for years. Anything else is people saying this or that. Like the 220fwa. There is no proof nor will there ever be proof, of how many were made, or exist. I would take the 6070 over the 220fwa for the same money. Its 1 of 1 IG |
I agree --- sort of. Owning the last one of all the AC's made would be a hoot. If I had a 220FWA, I could at least take it out and play with it on sunny days. If I owned the last AC made, it would have to stay indoors and be dusted weekly. I would even be to afraid of taking it to Hutchinson every summer. I couldn't even run an auger with it.
Just as well, God didn't make me to be a high roller. Just an onlooker.
------------- 2-8070FWA PS/8050PS/7080/7045PS/200/D15-II/2-WD45/WD/3-WC/UC/C
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Posted By: Jwmac7060
Date Posted: 23 Aug 2016 at 8:41pm
The last tractor off the line would be cool to have.If I wouldve hit the lottery before the sale I would have bought the entire lot and kept them together... probably would have used the 4w305 on the farm but left the others alone..a guy can dream can't he...course if I wouldve hit the lottery I would care that corn prices are in the toilet
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Posted By: victoryallis
Date Posted: 23 Aug 2016 at 10:58pm
What would a new 70hp Deere cost today? If it was a 6080 and corn was $7-$8 bu it would have been tempting. And gasp it would have gone to the field the day it came off the gooseneck.
------------- 8030 and 8050MFWD, 7580, 3 6080's, 160, 7060, 175, heirloom D17, Deere 8760
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Posted By: JohnCO
Date Posted: 24 Aug 2016 at 12:15am
There is a post here that the seller has a court order allowing her to purchase any of the tractors sold for the selling price. If she were smart, she will keep the 6070. I still think AGCO should have bought it and proudly displayed it at the headquarters and maybe a show or two. That's not gonna happen.
------------- "If at first you don't succeed, get a bigger hammer" Allis Express participant
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Posted By: ac45dave
Date Posted: 24 Aug 2016 at 12:26am
the nephews were the sellers of the tractors,marilyn fanetti didn't own them.she just had the legal right to buy what she wanted after the fact.
------------- 54 wd-45gas ; 56 wd-45d N/F w/fact p/s ; 63 d-17 sIII N/F gas ; 60 D14 N/F ; 67 d-17 sIV N/F gas ; 63D15 sII W/F; 39rc#667 ; 2021 massey 4710 fwa ; gravely 2 wheel tractors
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Posted By: JayIN
Date Posted: 24 Aug 2016 at 3:50am
Not good......stay tuned.......
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: Fred in Pa
Date Posted: 24 Aug 2016 at 6:26am
JohnCO wrote:
There is a post here that the seller has a court order allowing her to purchase any of the tractors sold for the selling price. If she were smart, she will keep the 6070. I still think AGCO should have bought it and proudly displayed it at the headquarters and maybe a show or two. That's not gonna happen.
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Agco would not make money doing that .
------------- He who dies with the most toys is, nonetheless ,still dead. If all else fails ,Read all that is PRINTED.
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Posted By: Tbone95
Date Posted: 24 Aug 2016 at 6:45am
Touche!
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Posted By: injpumpEd
Date Posted: 24 Aug 2016 at 12:34pm
one thing I keep noticing on the talk of this 6070, yes it's the famous last tractor to roll off the West Allis line, but most keep forgetting that it is still a brand new tractor. That jewel is like a time capsule!
------------- 210 "too hot to farm" puller, part of the "insane pumpkin posse". Owner of Guenther Heritage Diesel, specializing in fuel injection systems on heritage era tractors. stock rebuilds to all out pullers!
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Posted By: macvette
Date Posted: 25 Aug 2016 at 10:20pm
From what I read on another post on the forum, it appears that Marilyn Fanetti did purchase the 6070, and 19 other tractors in the collection - however, don't know how the person who posted the info found out about this, nor the accuracy of the information.
(Believe that post is related to "disappointed buyers from the auction")
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Posted By: JayIN
Date Posted: 26 Aug 2016 at 5:05am
The point missed was----I see people all the time paying $50,000 for a fancy new pickup and no one gives it a second thought. The last Allis built in the world gets only bid to $46,000. If that new Chebby is worth $50,000 then the Allis should sell for about $200,000. Turns out that it was a crooked sale, anyway. Perspective.
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: Joe Graunke
Date Posted: 26 Aug 2016 at 10:21am
macvette wrote:
From what I read on another post on the forum, it appears that Marilyn Fanetti did purchase the 6070, and 19 other tractors in the collection - however, don't know how the person who posted the info found out about this, nor the accuracy of the information.
(Believe that post is related to "disappointed buyers from the auction") | One of the auctioneers is my seed dealer and good friend. That's how I found out
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Posted By: DougS
Date Posted: 26 Aug 2016 at 10:30am
Auctioneers? An on-line auction? I bet there are countless web builders who could have done the same thing for far less than 5%.
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Posted By: AllisandGleaner
Date Posted: 11 Mar 2017 at 8:20pm
Where did this tractor end up? Because the Southeast old thrashers reunion is featuring "Allis's of the East" and thought since Allis was going to be the featured brand that it would be real nice to have the last tractor they ever made there.
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Posted By: macvette
Date Posted: 11 Mar 2017 at 8:58pm
Joe is correct. I found out from a credible source as well. Would expect it is still in Wisconsin, but cannot confirm that.
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Posted By: 210Postin
Date Posted: 11 Mar 2017 at 9:03pm
Posted By: JayIN
Date Posted: 11 Mar 2017 at 10:41pm
Maybe someone from up that way has an update.....
------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Posted By: Josh(NE)
Date Posted: 11 Mar 2017 at 11:16pm
It would be very interesting to know what she choose to kept from the collection, and how they ended up with the last Allis in the first place.
------------- Allis Express '65 190XT, 37 B, '72 170, '83 8030, and the IH 560 was a mistake
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Posted By: Walker
Date Posted: 11 Mar 2017 at 11:52pm
Don't kill the messenger but some food for thought. Last few hours of your job then you are unemployed, last few minutes of the last few hours before you walk out the door for the last time. Are you going to build in quality or just get it over with?
I'm thinking I'd rather own serial number 1.
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Posted By: Fred in Pa
Date Posted: 12 Mar 2017 at 7:39am
Walker wrote:
Don't kill the messenger but some food for thought. Last few hours of your job then you are unemployed, last few minutes of the last few hours before you walk out the door for the last time. Are you going to build in quality or just get it over with? I'm thinking I'd rather own serial number 1.
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That's just like flying in a big jet across the seas , u get up flying over water and get to thinking , THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol
------------- He who dies with the most toys is, nonetheless ,still dead. If all else fails ,Read all that is PRINTED.
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Posted By: chad shafer
Date Posted: 12 Mar 2017 at 7:46am
They ended up with the 6070 because her Husband Hauled tractors out of West Allis. Allis put the tractor up forsale ,& he ended up with the highest bid is info I read on here or other website
.
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Posted By: DougS
Date Posted: 12 Mar 2017 at 7:57am
Fred in Pa wrote:
That's just like flying in a big jet across the seas , u get up flying over water and get to thinking , THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol | Having worked on aircraft myself and being familiar with the FAA process for certification of aircraft parts, that's the last thing I worry about.
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Posted By: Jordan(OH)
Date Posted: 12 Mar 2017 at 12:34pm
Agco does not care about anything orange. That whole sale was a farce.
If Marilyn Fanetti wanted to buy them back she should have been in on
the bidding not just yes/no on the final sale price, you never know how
high the other bidder would have gone.
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Posted By: AllisandGleaner
Date Posted: 12 Mar 2017 at 12:56pm
Does anyone know the Fanetti family well, wold love to get the tractor to the show.
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Posted By: CrestonM
Date Posted: 12 Mar 2017 at 1:28pm
I'd love to see it come to Hutch again!
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Posted By: Amos
Date Posted: 12 Mar 2017 at 4:30pm
DougS wrote:
Fred in Pa wrote:
That's just like flying in a big jet across the seas , u get up flying over water and get to thinking , THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol | Having worked on aircraft myself and being familiar with the FAA process for certification of aircraft parts, that's the last thing I worry about.
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Doug, I know exactly what you are worrying about!!
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