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12 Nov 2025, 13:13 [ UTC - 5; DST ]


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 09:19 
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Joined: 01/29/08
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Here's a really nice 1500 hour CJ3 asking $3.9MM.
https://www.controller.com/listings/air ... tation-cj3

When I bought my PC12 in 2013 this CJ3 would have had an asking price of $5.7MM-$6MM. With such low hours.... maybe more.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 11:10 
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Username Protected wrote:
MP,
Experience a lightning strike and resultant inspections of airframe and engine.... Go with Chips averages guys... Or don’t stick your toe in the water. Pan might be boiling.


I know of a PC12 that had a lightening strike. 45K. All covered by insurance.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 13:02 
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Username Protected wrote:
Here's a really nice 1500 hour CJ3 asking $3.9MM.
https://www.controller.com/listings/air ... tation-cj3

When I bought my PC12 in 2013 this CJ3 would have had an asking price of $5.7MM-$6MM. With such low hours.... maybe more.


I’m not sure about that, but considering it wasn’t much more than that new in 2006, I doubt it. When I get to the office I’ll see if I have a book laying around from 2013. I’m guessing mid $4’s

Your point is true though, the PC 12 holds its value better than almost anything.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 13:51 
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There were no CJ3s less than $5mm in 2013. I promise.... I tried really hard.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 14:03 
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Username Protected wrote:
Your point is true though, the PC 12 holds its value better than almost anything.

The thread title is "Best t-prop or jet for $1.3m". It's gonna be hard to find a PC-12 or CJ3 for 1.3mm (or if you did, you wouldn't want it).

So, assuming you stay in the budget zone, how relevant is (economic) depreciation anyway? Almost all of the value at this range (for a t-prop or jet) will rest in the engines.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 14:08 
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How in the heck do you do a HSI on a PT6 for $7k?


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 14:22 
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Username Protected wrote:
How in the heck do you do a HSI on a PT6 for $7k?


You pay uncle Vinnie

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 16:16 
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Username Protected wrote:
How in the heck do you do a HSI on a PT6 for $7k?


Same way you carry 8 passengers in a PC12!

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 16:55 
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Username Protected wrote:
MP,
Experience a lightning strike and resultant inspections of airframe and engine.... Go with Chips averages guys... Or don’t stick your toe in the water. Pan might be boiling.


I know of a PC12 that had a lightening strike. 45K. All covered by insurance.


Mine is still in progress. I’m hoping for a good outcome. Understanding that, no strike, would have been better for all involved...
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 16:56 
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I just spoke with my friend who had the PC12 lighting strike. Cost him $2K.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 16:57 
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Username Protected wrote:
How in the heck do you do a HSI on a PT6 for $7k?


Same way you carry 8 passengers in a PC12!


Chip, you're losing a little of your allure here. As a buyers representative you have to really know your %#$@. When you post that a CJ3 can be run for close to the same per operating mile as a PC12, there is not a single CJ3 owner willing to back up that statement. The reason for that is, it simply cannot be done............I'm doing my homework on that now and Ken C, who the CJ folks know, knows his stuff. He'll concur with me on that too.

I landed next to a 350 in Green Bay (GO Pack, F da Bears!!!!) and the interior is definitely longer than the PC12, but not really much longer. Now if you compare a 350 to a CJ3 you may be able to sway in favor of the CJ........for the PC12, not a friggin hope in hell.

That's the reason they hold their value........
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 17:01 
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Michael,

I believe your number! I was talking to the DOM at Cutter at ADS the other day about this and he told me to expect only a bit more on my engine when its time (but, of course, that would include their R/R to send to the OH facility - and I like your strategy better).


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 17:10 
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Sounds like the secrets were 1)have (CC) an advocate. 2) Be hands on. I like it.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 17:14 
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PC12 engine (both variants, -B and -P) are flat rated so far down from it's actual ITT limits that I'd find it hard to believe if they really required major work on a HSI - the HS just doesn't get very H.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 09 Dec 2017, 17:14 
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Username Protected wrote:
Michael, when it comes to cost, we have to use averages. You are coming in WAY below average. Good job!


Actually they are not. I'm on the POPA boards, guys like Brent, John, Jack, and Jason report similar costs on a per hour/per mile basis.

As I note above my HSI was very good. I can tell you now, that dem folks are getting business because of the process I used. They're also very good at what they do. They're honest folks in Tunica.........My travel expense should be added to that HSI inspection..........but then again, so should flying to a service center.

My annual and maintenance last year was right at 45k. That's not chump change. I don't skimp, but I only do an annual.

Quote:


I just put a CJ1 through inspections, total bill less than $12k... but I can’t claim $12k per year is what maintenance cost on a CJ1... most CJ3 guys will see some $20k years... but that is below average.


I see very different numbers on the CJ3, but I'm ONLY reviewing the CJ3. CJ3, 4 and P300 are the only airplanes I am considering as a replacement. All of those are double the cost on a per mile basis.

Quote:

It’s is becoming clear that operators of TBM’s and PC12’s seem to report wildly different operating cost.


I disagree with that statement. Many folks I know have a management company overseeing the maintenance. Self managed is a totally different picture. I know quite a few PC12 owners and the three best PC12 pilots/instructors are on my speed dial. Their clients numbers mirror mine.

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