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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 14:25 
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Popular airplanes command premium prices. There are buyers and there are sellers............when it comes to both boats and airplanes deals can be had......sometimes you have to wait a fair bit...........

Real sellers will entertain real offers........cash in hand is a real offer..........

If you call around you get to realize that many airplanes on Controller are NOT really for sale.............

Had a call yesterday for someone wanting to buy my airplane.........told him to give me their price and I'd tell him whether I would sell..........crickets.........

I like it when broker/agent is searching the field for none listed deals.........IF they're truly looking for non-listed deals............

I'm glad JC is starting at 1.3MM, not to offend Bruce/Chip or anyone else out there, I'd most probably start at a million..........I don't mind people mad at me, actually the very, very least of my concerns...........it's definitely a small market and I would prefer to be known as the cheap ass, wanting a screaming deal, who can do it tomorrow.........

Bought a number of boats that way...........always someone, somewhere with their 'tit in a ringer' that needs something to happen right away..........and yes, sometimes dealers will jump in a snag the good deals, but not always...........

Absolute prices on airplanes, give me an f'n break

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 14:57 
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Joined: 01/29/08
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Location: Walterboro, SC. KRBW
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Username Protected wrote:
Popular airplanes command premium prices. There are buyers and there are sellers............when it comes to both boats and airplanes deals can be had......sometimes you have to wait a fair bit...........

Real sellers will entertain real offers........cash in hand is a real offer..........

If you call around you get to realize that many airplanes on Controller are NOT really for sale.............

Had a call yesterday for someone wanting to buy my airplane.........told him to give me their price and I'd tell him whether I would sell..........crickets.........

I like it when broker/agent is searching the field for none listed deals.........IF they're truly looking for non-listed deals............

I'm glad JC is starting at 1.3MM, not to offend Bruce/Chip or anyone else out there, I'd most probably start at a million..........I don't mind people mad at me, actually the very, very least of my concerns...........it's definitely a small market and I would prefer to be known as the cheap ass, wanting a screaming deal, who can do it tomorrow.........

Bought a number of boats that way...........always someone, somewhere with their 'tit in a ringer' that needs something to happen right away..........and yes, sometimes dealers will jump in a snag the good deals, but not always...........

Absolute prices on airplanes, give me an f'n break

I get at least 1 call/PM/Email a month asking if I'd sell my Pilatus. When I decide to sell, I'll list it on BT first like I did with my Bonanza that sold in a week.

I don't not believe any Phenom 100 owners are receiving un-solicited offers to buy..


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 16:12 
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This looks like a lot of airplane for 1.3

https://www.controller.com/listings/air ... tation-jet

6500 hours. I think 1.3 is high for that plane.


It will probably sell for around $1.1. Offer $1,025,000.

It is on TAP, has GTN750's and ADS-B, and a flushing potty. Maintenance looks up to date with a recent Doc10 and precooler SB completed. So the buyer can fly it for the next 3 years with little maintenance expense. Those AI & HSI displays are getting expensive to repair if they fail.

As CJ's go this one looks ready to fly.
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 16:31 
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Joined: 06/28/09
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Username Protected wrote:
[
6500 hours. I think 1.3 is high for that plane.


It will probably sell for around $1.1. Offer $1,025,000.

It is on TAP, has GTN750's and ADS-B, and a flushing potty. Maintenance looks up to date with a recent Doc10 and precooler SB completed. So the buyer can fly it for the next 3 years with little maintenance expense. Those AI & HSI displays are getting expensive to repair if they fail.

As CJ's go this one looks ready to fly.


Agree. Also if your budget is 1.3 it's good to find something for 1. Taxes alone in CA add 100k unless you can do the interstate commerce exemption.
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 18:57 
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Joined: 01/01/10
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Location: Roseburg, Oregon
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Username Protected wrote:
I don't not believe any Phenom 100 owners are receiving un-solicited offers to buy..

You might be surprised. I get 3-4 solicitations for my Mustang every month.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 19:00 
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Username Protected wrote:
I don't not believe any Phenom 100 owners are receiving un-solicited offers to buy..

You might be surprised. I get 3-4 solicitations for my Mustang every month.

You'd be right. I'm not buying it.

That said.... I think it's more desirable than the Phenom 100 but only because it's less expensive on the used market.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 20:29 
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Joined: 05/23/13
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Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
I'll go see how many Phenom 100's are selling... ;)

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 20:41 
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It looks like 19 have sold in that last six months... and that's just 100's not 100E or 100EV

The days on market were not bad... less than 6 months in most cases...

I think they may be selling a little better than you think.

Controller is always full of airplanes that are not really for sale... or have already sold. Listing brokers need ads so they typically leave them up as long as possible.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 20:45 
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Username Protected wrote:
It looks like 19 have sold in that last six months... and that's just 100's not 100E or 100EV

The days on market were not bad... less than 6 months in most cases...

I think they may be selling a little better than you think.

Controller is always full of airplanes that are not really for sale... or have already sold. Listing brokers need ads so they typically leave them up as long as possible.


Chip, you have an average price for the 19 sales? Or a low and high price for the 19?

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 20:51 
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Username Protected wrote:
It looks like 19 have sold in that last six months... and that's just 100's not 100E or 100EV

The days on market were not bad... less than 6 months in most cases...

I think they may be selling a little better than you think.

Controller is always full of airplanes that are not really for sale... or have already sold. Listing brokers need ads so they typically leave them up as long as possible.


Way more than I would’ve thought.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 20:52 
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It’s not that the brokers are the Mafia, though some are probably in the Mafia. It’s that they all talk. If a guy makes a lowball offer or stiffs the seller on a demo flight, the word gets around.
What's "stiffing a seller on a demo flight"? Not paying for fuel as agreed? Taking a demo flight and then not making an offer? Demoing and then making a low offer? Something else?

I've offered to buy fuel on all 4 [piston] demo flights I took; in 1 instance, I did; in the other three, my offer was turned down. I bought three of the four planes and didn't make an offer on the fourth at all.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 15 Nov 2017, 23:39 
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Joined: 06/23/09
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Location: KIKK......Kankakee, Illinois
Aircraft: TBM 850
I had a helluva time trying to get any of the brokers selling any Phenom 100 to get my ass in the plane. I even offered to charter one once for a flight to Naples. Always an abundance of excuses. AVEX and TBM just made it too easy. They gave me a great deal on a trade in on my plane and an offer I couldn't pass up to move up to a G1000 850.
I really liked the Phenom 100....


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 16 Nov 2017, 00:14 
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Joined: 05/23/13
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Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
It’s not that the brokers are the Mafia, though some are probably in the Mafia. It’s that they all talk. If a guy makes a lowball offer or stiffs the seller on a demo flight, the word gets around.
What's "stiffing a seller on a demo flight"? Not paying for fuel as agreed? Taking a demo flight and then not making an offer? Demoing and then making a low offer? Something else?

I've offered to buy fuel on all 4 [piston] demo flights I took; in 1 instance, I did; in the other three, my offer was turned down. I bought three of the four planes and didn't make an offer on the fourth at all.


Yes, taking a demo flight and not paying for fuel / program cost. More of an issue on jets than pistons because of the cost involved.

When I was still on the sales side we got stiffed for a $3000 fuel bill... plus we had to pay the pilot, landing fees, programs, etc.
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 16 Nov 2017, 03:04 
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Location: Byron Bay,NSW Australia
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Username Protected wrote:
It looks like 19 have sold in that last six months...


thats not surprising at $1.3M a peice :D


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 16 Nov 2017, 10:05 
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Joined: 01/29/08
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Location: Walterboro, SC. KRBW
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Username Protected wrote:
It looks like 19 have sold in that last six months...


thats not surprising at $1.3M a peice :D

You guys have convinced me. Just pay full asking price and shut up. I'll do that next time.

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