Update time! The insurance company totaled the plane. Not surprising given this was the list of expenses they had to contend with:

It totals about $43k if you don't care to do the math.
I have heard all the arguments for letting the plane be scrapped, but either I'm sentimental or stupid or both. I really don't want to be the reason an affordable vintage aircraft stops existing on this earth. My plan is to buy it from the insurance company and have the repair work done.
I will end up getting about $40k from the insurance company. I'll spend $24k to have the engine overhauled at Zephyr (it was at 1570 SMOH on a 1600 TBO), spend $17k for the MT composite prop and field approval, $9k for the new aluminum gear and install, and be in the hole about $20k. Fortunately I will get a new engine out of it, which should add maybe $10k to the value of the airplane.
The shop where the accident occurred isn't super excited about the welding work to do the gear conversion, so I'm looking into options to get the aircraft shipped to the AC factory shop. That will cost a few thousand as well unfortunately.
One option the factory mentioned is they could also just do a conversion to the 180 HP engine. I don't think it's necessary, but I would be curious what people think about this or any of the other ideas I've mentioned.
I've also had a few conversations with the local FSDO. They've been super friendly and helpful. I am very glad that I and the plane were legal! If you've been putting off your transponder check or BFR, do it, you never know what might happen.
I did get one quote for having a fracture analysis done on the strut: $2600. It seems a little steep just to satisfy my curiosity. I'm hoping the factory will look at it.

It totals about $43k if you don't care to do the math.
I have heard all the arguments for letting the plane be scrapped, but either I'm sentimental or stupid or both. I really don't want to be the reason an affordable vintage aircraft stops existing on this earth. My plan is to buy it from the insurance company and have the repair work done.
I will end up getting about $40k from the insurance company. I'll spend $24k to have the engine overhauled at Zephyr (it was at 1570 SMOH on a 1600 TBO), spend $17k for the MT composite prop and field approval, $9k for the new aluminum gear and install, and be in the hole about $20k. Fortunately I will get a new engine out of it, which should add maybe $10k to the value of the airplane.
The shop where the accident occurred isn't super excited about the welding work to do the gear conversion, so I'm looking into options to get the aircraft shipped to the AC factory shop. That will cost a few thousand as well unfortunately.
One option the factory mentioned is they could also just do a conversion to the 180 HP engine. I don't think it's necessary, but I would be curious what people think about this or any of the other ideas I've mentioned.
I've also had a few conversations with the local FSDO. They've been super friendly and helpful. I am very glad that I and the plane were legal! If you've been putting off your transponder check or BFR, do it, you never know what might happen.
I did get one quote for having a fracture analysis done on the strut: $2600. It seems a little steep just to satisfy my curiosity. I'm hoping the factory will look at it.




