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20 Nov 2025, 06:01 [ UTC - 5; DST ]


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 25 Dec 2017, 23:32 
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Username Protected wrote:

:coffee: seriously.. why buy a V35b when you could have this for the same price?? https://www.controller.com/listings/air ... earjet-24d

You must have missed the part of my post where I wrote NEW SR22.

A new SR22 is almost a million $$.


SAT Quantitative Comparison questions.
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 Post subject: Re: Kestrel prototype for sale
PostPosted: 25 Dec 2017, 23:37 
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:shrug: who knows. It’s probably about a million new and now it’s out of warranty and been sitting up for five years or so. If I had to guess, id say $600-$650K.



So... $650,001? :D

(why did I read 3 pages of nonsense to get that answer? You two are comedy)

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 Post subject: Re: Kestrel prototype for sale
PostPosted: 25 Dec 2017, 23:40 
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A 45 year old Lear Jet costs a lot more to operate than a G1000 Mustang.


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 05:37 
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Username Protected wrote:

:coffee: seriously.. why buy a V35b when you could have this for the same price?? https://www.controller.com/listings/air ... earjet-24d

You must have missed the part of my post where I wrote NEW SR22.

A new SR22 is almost a million $$.

The most expensive Cirrus, an SR-22T GTS, is $862K. The basic new model is $540K.
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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 08:29 
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Or you can buy a G1000 Mustang for close to the same price. Which would you rather have? You also have Phenoms, Eclipse, small CJs and soon to be HondaJet and SF50 in the same price range too.

The glut of new mini jets is going to put pressure on the “sub $1MM market”.


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 15:24 
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Username Protected wrote:
A 45 year old Lear Jet costs a lot more to operate than a G1000 Mustang.


And both of them cost an order of magnitude more to operate than a Cirrus. Also, for us mere mortals, a $550K base model Cirrus is not "almost as much" as a $1.5M Mustang.

As for which one I'd rather have, when it comes to flying from my home airport (2900') to Ocracoke Island (3000'), or to Tangier (2400'), or just taking the neighbor kid up for a unique perspective, I know which one I'd rather be in, and its not the jet.

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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 15:25 
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i'm not trying to be argumentative, but I can't find a single example of a Cessna Mustang for sale for under $1m?


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 15:27 
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Username Protected wrote:
A 45 year old Lear Jet costs a lot more to operate than a G1000 Mustang.


And both of them cost an order of magnitude more to operate than a Cirrus. Also, for us mere mortals, a $550K base model Cirrus is not "almost as much" as a $1.5M Mustang.

As for which one I'd rather have, when it comes to flying from my home airport (2900') to Ocracoke Island (3000'), or to Tangier (2400'), or just taking the neighbor kid up for a unique perspective, I know which one I'd rather be in, and its not the jet.

That's great for you. I'd bet Ocracoke isn't a high traffic airport.

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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 15:29 
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Username Protected wrote:
i'm not trying to be argumentative, but I can't find a single example of a Cessna Mustang for sale for under $1m?

Sellers don't come off asking prices?

I count well over 100 mini-jets listed for sale on Controller that all do pretty much the exact same thing.

I'm just telling you what I would do if I were in the market for a super expensive piston airplane.


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 26 Dec 2017, 16:05 
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[/quote]
The most expensive Cirrus, an SR-22T GTS, is $862K. The basic new model is $540K.[/quote]

In all reality there is no such thing as a basic model Cirrus. Same is there is no such thing as a stock Harley. Almost everyone orders the turbo with FIKI. Stronger resale. A fully decked out Cirrus leaves the factory at almost $950k. The options are endless. Also a lot of new Cirrus buyers are repeat offenders. These are the same guys that trade Range Rover Autobiographys every 2 years or less, just because they can. Same guys that are in line for a SF50. If they have been trading Range Rovers for a deckade or longer, if they come out with a nicer more expensive option they will buy it. Not go buy an Escalade because it has a bigger towing capacity. These aren’t airplane dreaming pilots buying them, anymore than Ferrari buyers think about F1 racing all day long.
Wou won’t find many new SF50 buyers on this forum. They are reading Robb Report and looking for another watch. I side with J.C.

If you can drop $900k on a new Cirrus every 2 years OPEX isn’t the same consideration as buying a used bo and having bath tubs of cash left over. They have the cash. They aren’t buying a new $200k Range Rover for the gas mileage either.


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 27 Dec 2017, 11:15 
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Username Protected wrote:
Sellers don't come off asking prices?

I count well over 100 mini-jets listed for sale on Controller that all do pretty much the exact same thing.

I'm just telling you what I would do if I were in the market for a super expensive piston airplane.


i'd say 10%, not 30-40% of list (where list is equivalent to the market average/mean price for that TTAF

if you are negotiating that much off the list of things you may consider part time brokerage


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 27 Dec 2017, 11:18 
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Username Protected wrote:
Sellers don't come off asking prices?

I count well over 100 mini-jets listed for sale on Controller that all do pretty much the exact same thing.

I'm just telling you what I would do if I were in the market for a super expensive piston airplane.


i'd say 10%, not 30-40% of list (where list is equivalent to the market average/mean price for that TTAF

if you are negotiating that much off the list of things you may consider part time brokerage

You don't want to comment on the number of listings on the market? I don't think the market has ever seen so many for sale and so many manufacturers still making deliveries. It's like the 800Lb Gorilla in the room. Nobody wants to talk about it.

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 Post subject: Re: Kestrel prototype for sale
PostPosted: 27 Dec 2017, 11:38 
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Username Protected wrote:
You don't want to comment on the number of listings on the market? I don't think the market has ever seen so many for sale and so many manufacturers still making deliveries. It's like the 800Lb Gorilla in the room. Nobody wants to talk about it.


I wonder if this is just like the yacht business where everything is always "for sale"? I guess the only test would be to use FlightAware to look at flight history for a given listing....

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 Post subject: Re: Kestrel prototype for sale
PostPosted: 27 Dec 2017, 11:38 
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You don't want to comment on the number of listings on the market? I don't think the market has ever seen so many for sale and so many manufacturers still making deliveries. It's like the 800Lb Gorilla in the room. Nobody wants to talk about it.


controller and the other platforms are plagued with stale listings, or owners listing the plane and not really attempting or wanting to sell them, that doesn't necessarily translate into inflated list prices though, based on my experience- though i've admittedly been looking primarily at king air and conquests


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 Post subject: Re: Kestrel prototype for sale
PostPosted: 27 Dec 2017, 12:02 
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I will be surprised if the Kestrel fetches more than $500,000.

Risk.

Risk the engine has issues or was properly stored.
Risk that it won't be airworthy
Risk that your insurer will balk... or charge a stupid premium

At the end of the day, there are safe alternatives that are attractive to someone wanting a SE turboprop. And at a relatively small premium (older TBM's for example).

Matt


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