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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:29 
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Username Protected wrote:
Where else can you buy $2.5 million NEW jet?

Presently, nowhere, not even from Cirrus.

Mike C.

https://corporatejetinvestor.com/articl ... guide-002/
Quote:
The list price for a new SF50 is $1.96 million, making it $750,000 cheaper than the Citation M2, and over $2 million cheaper than a new Phenom 100E or HondaJet HA-420.


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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:30 
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Username Protected wrote:
Where else can you buy $2.5 million NEW jet?

Presently, nowhere, not even from Cirrus.

Mike C.


There are 4 on Cirrus’ website for sale right now. Two 2017’s and two 2018’s...

https://cirrusaircraft.com/preowned/

Peace,
Don

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:31 
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Username Protected wrote:
Of course a twin jet has redundancy of thrust that a single engine jet does not have, and the twin jet owner pays an additional purchase price and operational cost for that redundancy that the SF50 owner does not.

Actually, they don't. The second engine is the key to flying higher, faster, and with less fuel. You are applying piston think to jets, that doesn't work.

I believe if Cirrus had built a twin jet, it would have cost them no more in total to develop, certify, and manufacture than the SF50. Indeed, I think they would have gotten to market years earlier.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:32 
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There are 4 on Cirrus’ website for sale right now.

Not NEW. That was the stated requirement.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:33 
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I believe if Cirrus had built a twin jet, it would have cost them no more in total to develop, certify, and manufacture than the SF50. Indeed, I think they would have gotten to market years earlier.

Mike C.

How much does a new PW610F cost?


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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:34 
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There are 4 on Cirrus’ website for sale right now.

Not NEW. That was the stated requirement.

Mike C.

Call Cirrus... order one. Viola' You are buying a NEW SF50.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:34 
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Username Protected wrote:
https://corporatejetinvestor.com/articles/cirrus-vision-jet-buyers-and-investors-guide-002/
Quote:
The list price for a new SF50 is $1.96 million, making it $750,000 cheaper than the Citation M2, and over $2 million cheaper than a new Phenom 100E or HondaJet HA-420.

You can't hand over a check under $2.5M and walk away with a new SF50. They have CPI escalators and juiced the price of "required" options.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:36 
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You can't hand over a check under $2.5M and walk away with a new SF50. They have CPI escalators and juiced the price of "required" options.

Mike C.

I can't walk away with a new PC12 right now either. Gotta order it... just like SF50.


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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:38 
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Here's the through 3rd quarter 2018 GAMA report.... found it:
https://gama.aero/wp-content/uploads/20 ... rtQ3-1.pdf

SF50 41 units
M2 22 units
Phenom one hundred 8 units
Hondajet 21 units
Eclipse 0 units

SF50 is far more successful than the other mini jets in 2018 and has been around the least amount of time.


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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:38 
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How much does a new PW610F cost?

Call PWC and negotiate an OEM supplier agreement, then you will know.

It will come with a non disclosure clause, however, so you can't tell anyone else.

Thus the best data publicly available came from the Eclipse bankruptcy where it was about $280K/unit about 10 years ago. Given PWC had to develop the engine for Eclipse, and doesn't have to today, I would expect pricing in line with inflation adjustments but not much more than that.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:40 
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Call Cirrus... order one. Viola' You are buying a NEW SF50.

And it will cost more than $2.5M when/if you get delivery of it in 5+ years.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:40 
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Joined: 01/29/08
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Location: Walterboro, SC. KRBW
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Username Protected wrote:
How much does a new PW610F cost?

Call PWC and negotiate an OEM supplier agreement, then you will know.

It will come with a non disclosure clause, however, so you can't tell anyone else.

Thus the best data publicly available came from the Eclipse bankruptcy where it was about $280K/unit about 10 years ago. Given PWC had to develop the engine for Eclipse, and doesn't have to today, I would expect pricing in line with inflation adjustments but not much more than that.

Mike C.

10 year old data is meaningless.

If the SF50 costs so much more to build how come it sells for so much less than it competitors? How come it outsells them all too?

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:40 
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Username Protected wrote:
Call Cirrus... order one. Viola' You are buying a NEW SF50.

And it will cost more than $2.5M when/if you get delivery of it in 5+ years.

Mike C.

Why would delivery take 5+ years?

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:42 
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Wow.... why would it take 5 years to take delivery?

Lookup the word "backlog". Your new order will be placed at the end of the order book.

If Cirrus can move you to a near slot, that's a bad sign, that means position holders are bailing out.

Mike C.

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 Post subject: Re: Cirrus SF50
PostPosted: 15 Dec 2018, 18:43 
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Joined: 12/03/14
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Company: Ciholas, Inc
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Username Protected wrote:
10 year old data is meaningless.

I think that's mostly an issue with the beholder not knowing how to use it.

Mike C.

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