Problem is you’ve just added ~$250 airplane dollars to the illusive, but ever present, $1.3 Phenom 100.

Erwin......good question? I'm not sure? I will find out.

I had a plane partnership, just not for me. I agree with that statement

That just about describes any activity in aviation, including aircraft sales.

Mike C.

Probably true, I had a broker tell me he wouldn’t do a deal for less than $50k because that’s what the lawyer cost if he gets sued.

Spent some time in the exec hangar today. In comes a Citation III just out of paint, interior and avionics. Owner tells me he paid 700 for it and put 500 into it. Has the new plane smell. Looks brand new... super comfy plush leather, New Zealand wool plush carpets, fully paid up engines and pro parts. Most people would think it was just off the factory floor, brand new. I'm not sure why he didn't go with Garmin, it's got some new Collins upgrade but apparently it's RNAV, LPV and ADSB out. two pilots but the owner (my age, early 40ish but a non pilot). told me the insurance difference makes it a wash. Seems like a heck of an airplane for 1.2m.

The C650 is a great airplane. Big, comfy, stand up cabin, fast. It sounds like he has it covered past 2020 and with the engine and airframe plans, his liability is limited. But, they do have a bad habit of breaking often. With good mx, he will hopefully be able to get reasonable dispatch reliability.

Simcom on the PC12 can be done in two days. Frankly, its a good time to brush up on the systems, etc. If sim training isn't your thing, you can also do in-airplane recurrent at your home airport.

The 650 is a ground lover; fast though and a nice flying airplane.

Just looking at Controller this has to be a 10K hour, mid 1980's airplane.

Granted $1.2MM is very little money for such performance but when he's done with it I wonder who would be willing to buy it?

Someone who would pay maybe somewhat less for the same performance.

I'm sure we can find comments 10 years ago that suggested those kind of planes would not sell today, and yet there are buyers for them.

The planes that hold value are the ones that deliver value. That is often tied to the support the planes get and Citations are very well supported.

Mike C.

Just looking at Controller this has to be a 10K hour, mid 1980's airplane.

Granted $1.2MM is very little money for such performance but when he's done with it I wonder who would be willing to buy it?

If he is paying his co-pilot $5k or less a year that might be true
There just isn't really any scenario where the expense of the second pilot will be less or equal to any lower insurance costs operating crew (versus SP for those aircraft so type certificated). I get this question all the time from buyers of single-pilot type cert jets - whereby the buyer thinks the lower insurance cost operating two-crew is going to pay the salary of his co-pilot. It won't really even pay the recurrent training invoice for his SIC let alone his annual salary.

The two-crew operation mainly affords better/higher liability limits in some cases and yes a slightly reduced annual premium.

I wonder if this guy recognizes the what the yearly operating costs are.

I am guessing it would take half his all in costs, 600k every year to fly it.

If not more!

It’s not the purchase price it’s the operating costs that evaporate.

If you really want a 650... get a Citation VII

The VII is still very cheap for what it is... and a whole lot better airplane from a performance standpoint.