Inflation? Used airplanes, used cars, used boats, used motorcycles etc etc doesn't move with inflation. Houses, real estate does move with inflation but I've never bought an airplane as an investment nor have I found anyone tell me they bought an airplane as an investment and I venture to bet you cannot find anyone tell you that either.

Sorry my friend but can't use inflation as the reason!

Seems like it should move with inflation. Everything is affected by supply and demand. AS inflation pushes new airplane prices into painful territory, many that would be in the new aircraft market, move into the second hand aircraft market increasing demand for used aircraft. More demand, limited supply, prices increase. There is also the effect of comparing to the new similar product. With a new G7 Cirrus pushing 1.6 mil, someone looking at a newish used Cirrus for half that price feels like they are getting a deal. My Cirrus that I sold in 2012, would sell for more in absolute dollars today than I sold it for back then. Should have kept it My DA40 that I sold in 2010, same deal. Frick

Inflation? Used airplanes, used cars, used boats, used motorcycles etc etc doesn't move with inflation. Houses, real estate does move with inflation but I've never bought an airplane as an investment nor have I found anyone tell me they bought an airplane as an investment and I venture to bet you cannot find anyone tell you that either.

Sorry my friend but can't use inflation as the reason!

All goods and services move with inflation, if all other factors are controlled for. If a dollar is only worth fifty cents, then it takes two of them to buy what one used to buy before.

Been pretty depressing. If we lost our plane right now, would be hard to replace. I don't think Meridian prices, except for maybe the very high time models will come down. Piper is not building to demand, and since the M350/500/700 come off the same line which is constrained, the 350 and 500 are second class citizens. Piper determines well in advance how many they are going to build well into the future. Things like windscreens and engines are limiting in addition to factory capacity. So I don't see the backlog decreasing any time soon. Kind of ticked me off, my property taxes went up on my 2019 M600, because the Gov says it is worth more now. Went to controller and the blue book to fight it, and dang it, no help there. They aren't going down in value.

Been pretty depressing. If we lost our plane right now, would be hard to replace. I don't think Meridian prices, except for maybe the very high time models will come down. Piper is not building to demand, and since the M350/500/700 come off the same line which is constrained, the 350 and 500 are second class citizens. Piper determines well in advance how many they are going to build well into the future. Things like windscreens and engines are limiting in addition to factory capacity. So I don't see the backlog decreasing any time soon. Kind of ticked me off, my property taxes went up on my 2019 M600, because the Gov says it is worth more now. Went to controller and the blue book to fight it, and dang it, no help there. They aren't going down in value.

I don't buy groceries as an investment either, but it would be hard to say inflation hasn't affected the prices.

Utah has property tax on airplanes just like cars. Except obviously the sticker values much higher. Can’t remember exactly how much it was this year but just south of $10,000.

My county in NC has a tax rate of around 70 cents per $100 so a M600 is about 20K per year.

OUCH

Indiana has a formula for aircraft excise tax. For planes older than 25 years, it is $0.01 per lbs of max landing weight.

That makes it $152.00 for my Citation V. That's basically nothing.

I moved it to KY for various reasons (based maintenance, much lower fuel and hangar prices, etc), and they have a value tax, but it isn't too severe.

Mike C.

What?? You guys need to move to tax hell CA to save some money!

Is it me or is there a lot of salvaged M600 being sold? I think I just saw the 3rd one in the last couple weeks. They all seem to have had landing accidents. I don’t see the accidents but do see the ads for selling them off as parts.

What’s going on?

Mike

N600BJ had a runway excursion in Houston on 7/4/23
N131HL had a runway excursion in Thedford, NE, on 3/4/23
N627PR had a runway excursion in Olive Branch, MS, on 3/23/22

The Prelims are very similar. "Pilot reported that on nosewheel touchdown the airplane veered [pick a direction]" and they ended up off the side of the runway. The Final for the 2022 accident contains some discussion of the Nose Landing Gear design.

Postaccident examination of the NLG assembly did not reveal anomalies that would have affected its operation or steering. The rake angle of the NLG is designed to be 90° from the airplane longitudinal axis with a very tight tolerance, allowing 0.5° forward rake and zero aft rake. The zero-rake angle is good for static stability and taxiing at slower speeds but can be problematic for dynamic stability at higher speeds. A zero or aft rake can tend to cause the NLG tire to turn more sharply if deflected in some conditions. On NLG touchdown, the NLG strut will deflect aft due to spin-up loads, increasing the negative rake that could cause instability, and will undergo a damped oscillation.

The design of the NLG with zero rake and no trail requires that the NLG tire be aligned with the runway upon touchdown, which it was during the accident landing as evidence by the runway markings. Any misalignment or steering input may result in a steering hardover due to the dynamic instability inherent in the NLG design. The circumstances of this accident indicated that the NLG turned hard right soon after touchdown, when the NLG dynamic instability manifested itself as the pilot was correcting back to the centerline of the runway with rudder input.

The manufacturer redesigned the lower NLG fork area to move the axle 0.5 inches aft of the steering axis. This is equivalent to raking the NLG forward 5°, making it inherently dynamically stable. The new NLG should be dynamically stable even during aft deflection since the steering axis will remain forward of the vertical axis (center of the tire contact patch) and provide a restoring force to the NLG tire if deflected. The new NLG improves the dynamic stability of the NLG allowing the nose wheel to self-center.

There were a flurry of them, and then Piper came out with a series of letters, for the most part telling people to make sure the front gear is adjusted properly, front tire inflated properly, and to touch down at reasonable speeds. With that education , the excursions basically stopped. They did come out with a better nose gear, which also allows landing on non-paved surfaces that they sell at cost for upgrade and stock on newer M600/700. We upgraded ours, and it definitely is better, but I really had no problem with the old ones either.

The PA46’s are quite forgiving when landed properly. But if you land with the nose wheel turned, especially if under inflated and if you plop it down and drop all the weight on the nose, it will try to turn the aircraft where the nose wheel is pointing.