I am a G1000Nxi acolyte, so a 501SP isn't going to work for me.

and when I talk about depreciation, I'm talking about real world depreciation in 2025 dollars. Yes, inflation will make us feel better about our asset retaining value, but in reality your buying power is significantly less.

So, what I'm saying is that if I acquire that 2017 Mustang for $3mm today, hold it for 10 years and then sell it for $2.7mm should I feel good about that? If annual inflation is 4% (not outside the realm of possibility), then the value of that asset when I sell it (in 2025 dollars) is $1.8mm. I don't feel good about that.

I remember buying SN EA36, N140KB (Turbocharged A36 Bonanza) off the assembly line in 1979 from Beech for $140,000 (see what we did there?). Today, that aircraft would be worth $500k or more if it had been maintained. Is that appreciation?

https://www.flightaware.com/resources/r ... ion/N140KB

Maybe I should call Mr. McClendon and offer him $280,000 for his plane and see if he thinks that's a good deal?

Nice one!

Nice one!

One word: Inflation
https://www.investopedia.com/inflation- ... ar-7253832

If they bought it in 2020, they lost a lot of value. Inflation in 2021 was 7%, 2022 was 6.5%. 2023 3.7%. So if they sold it for $2.2M, that's actually a net loss of 18% in 3 years. If you extrapolate that to 2025 with 3.7% inflation and still sell it for $2.2M, that's a net loss of 27%.

Viewing long term assets through the lens of current year dollars is foolish.

Airplanes lose value over time. Period. Inflation and global pandemics may skew the sales and purchase prices but they're not a good investment.

But they sure are fun to own and fly!

I moved from a G1000 SR22 to my G600/GTN750 501SP with only the slightest retraining of my brain. All of the logic is the same, you just don't have a keyboard. But I do most of my typing in foreflight and push with bluetooth anyway, even in the G1000.

You can buy a 501SP with dual G600TXi and dual GTN750TXi for ~$1M. Not only will you have a lot of cash left over you'll have 2 more seats (it could then pull double duty as family truckster).

One word: Inflation
https://www.investopedia.com/inflation- ... ar-7253832

If they bought it in 2020, they lost a lot of value. Inflation in 2021 was 7%, 2022 was 6.5%. 2023 3.7%. So if they sold it for $2.2M, that's actually a net loss of 18% in 3 years. If you extrapolate that to 2025 with 3.7% inflation and still sell it for $2.2M, that's a net loss of 27%.

Viewing long term assets through the lens of current year dollars is foolish.

Airplanes lose value over time. Period. Inflation and global pandemics may skew the sales and purchase prices but they're not a good investment.

But they sure are fun to own and fly!

[quote="Chip McClure"]Over here in the real world… most people buy a Mustang, they pay $2.2M for it, they fly it three years, pay the engine program, and then sell it for $2.2M and buy a M2[/



Chip, got to call you out on this one.

What you posted above here is complete and utter horseshit. Most people pay 2 to 2.2 for a mustang and end up getting 1.8 for the Mustang four years later after they pay a couple hundred thousand dollars in maintenance costs, I know this because I owned two of them and this is exactly what happened to me.


No matter what you think your qualifications are you can never compare with the person that is an owner and has been through the experience firsthand. I have seniority over you in this respect.


Please quit playing used car salesman in La La Land by saying this crap.

Would a G600 TXi panel and GTN 750s be close enough? There are 501s equipped like that.

Then you get TRs, LUMP inspections, and cheaper engines to operate.

You can even get a 501 with G600 TXi and FJ44 engines, the Stallion. You lose the TRs and the LUMP, but get an engine program if you want it and it burns less fuel. It will fly circles around a Mustang, much faster and longer range. They are less costly to buy than the Mustang, typically.

Here is a high priced 501 with G950 (the retrofit G1000) with FJ44:

https://www.controller.com/listing/for- ... t-aircraft

$1.7M. Definitely a prime 501. Basically as close to a Mustang as a 501 can get avionics wise, but still way more performance.

Was maintained at Duncan, so Chip would approve of that gratuitously expensive care.

For around $1M, you can find FJ44 equipped 501s and then you can put in the G600 TXi, GTN 750 if you want.

Mike C.

[quote="Mark Wyant"][quote="Chip McClure"]Over here in the real world… most people buy a Mustang, they pay $2.2M for it, they fly it three years, pay the engine program, and then sell it for $2.2M and buy a M2[/



Chip, got to call you out on this one.

What you posted above here is complete and utter horseshit. Most people pay 2 to 2.2 for a mustang and end up getting 1.8 for the Mustang four years later after they pay a couple hundred thousand dollars in maintenance costs, I know this because I owned two of them and this is exactly what happened to me.


No matter what you think your qualifications are you can never compare with the person that is an owner and has been through the experience firsthand. I have seniority over you in this respect.


Please quit playing used car salesman in La La Land by saying this crap.[/

When in the world has someone paid $2.2M for a Mustang and sold it for $1.8M?

If you did that, you overpaid when you bought it.

And please learn how to quote properly. It really isn’t that hard.

EDIT: Never mind, I answered my own question. There’s a little more to the story than you are telling on the first one, it had damage history and NO ENGINE PROGRAM then you sold it in 2020 and the other you owned for 14 months after buying it at the height of the market in 2022.

You bought two Mustangs.

That is VERY limited experience.

Your limited (and unfortunate) experience can never compare to someone who buys them for a living and has for years.

Those in glass houses shouldn't throw stones.

Notice that it was edited 3 times, so still not formatting the quotes right after 4 attempts.

Who would you trust to tell you about the truth about the neighborhood, the homeowner or the real estate agent?

Mike C.

Those in glass houses shouldn't throw stones.

Notice that it was edited 3 times, so still not formatting the quotes right after 4 attempts.

Who would you trust to tell you about the truth about the neighborhood, the homeowner or the real estate agent?

Mike C.

Trust the Realtor because the homeowner will flat lie to you about the neighborhood because they have a vested interest in keeping home prices in their neighborhood high.

The Buyer’s Realtor has no vested interest in any particular neighborhood or house, they just want to find their client the best home and the best deal so they have happy clients who refer other buyers to them, not to mention use them to find their next home.

It’s a bonus if you can find a hardworking Buyer’s Realtor who will go knock on doors in desirable neighborhoods, places where there are no homes for sale, so they can find the perfect home for you.

Another useful thread destroyed

This thread was created to allow Chip to promote his business.

He weeds it like a gardener, putting down anybody who disagrees with his opinion, displaying his supposed expertise, so his promotions can continue. He is trying to herd his future customers into a particular mindset that aligns with his views and services. Any deviation from that is to be attacked.

So it depends on whose definition of "useful" you want to use.

Mike C.