26 Apr 2024, 22:44 [ UTC - 5; DST ]
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 18:37 |
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Joined: 10/17/12 Posts: 684 Post Likes: +577 Location: Ellijay,Ga (N Ga Mts)
Aircraft: Bonanza 35
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Success MIGHT be all the women and most of the whiskey
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 18:47 |
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Joined: 03/28/17 Posts: 6702 Post Likes: +8043 Location: N. California
Aircraft: C-182
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Username Protected wrote: The $1.39M price isn't locked; it's subject to compounded CPI increases calculated at time of delivery From 2013 to now, 5 years, CPI-W works out to 6.9% in total. Not as big a factor as you might think in recent times. Quote: and is the "base price" of the jet without options which are typically $400,000, I've heard the "options" are not optional, so a bit of a misleading term. Quote: or maintenance service contracts at $209,900. That shouldn't be counted in a purchase price. Using your approach, the current contract price for an SF-50 is north of $3.0M by the time you include CPI, options, and contracts. Mike C.
You are correct, as I interpret what they said, nobody will be flying a $1.39M Cirrus jet; $2m to $3M for the ones on order. I agree that the maintenance contract shouldn't be included in the purchase price, but the history shows most buyers include it.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 18:49 |
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Joined: 01/29/08 Posts: 26431 Post Likes: +13066 Location: Walterboro, SC. KRBW
Aircraft: PC12NG
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Username Protected wrote: Success MIGHT be all the women and most of the whiskey Unfortunately this only goes to 2nd quarter 2018. Is 3rd quarter available yet? https://gama.aero/wp-content/uploads/me ... portQ2.pdf218 Deliveries through 2nd quarter SF50 25 units M2 16 units Hondajet 17 units Phenom one hundred 6 units Eclipse 0 units So as of 2nd quarter...... SF50 is winning in mini jet deliveries.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 18:59 |
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Joined: 01/29/08 Posts: 26431 Post Likes: +13066 Location: Walterboro, SC. KRBW
Aircraft: PC12NG
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Here's the through 3rd quarter 2018 GAMA report.... found it: https://gama.aero/wp-content/uploads/20 ... rtQ3-1.pdfSF50 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 Posted: 10 Dec 2018, 19:25 |
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Joined: 11/21/09 Posts: 11901 Post Likes: +14686 Location: Albany, TX
Aircraft: Prior SR22T,V35B,182
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Username Protected wrote: If Cirrus delivers the fifth SF-50 to a customer (to avoid any shenanigans with fake early deliveries, an industry tradition) by Jan 1st, 2018, 3+ years from now and more than 10 years after the program was started, then I will never post again on this forum. If they fail to, you will never post again on this forum.
Have we got a deal? :-)
If you start arguing that 3 years isn't enough time, then you are basically saying the SF-50 really is vaporware right now.
Mike C.
And all JC had to do was say, "Deal!" I went back and read the first 10 or so pages just for fun. The last 100 say the same thing, so I wanted to see how it all started.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 19:28 |
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Joined: 01/29/08 Posts: 26431 Post Likes: +13066 Location: Walterboro, SC. KRBW
Aircraft: PC12NG
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Username Protected wrote: And all JC had to do was say, "Deal!" It's one of my biggest life regrets but at the time of that post Cirrus still didn't have certification. I knew they would get it and that the SF50 would sell huge but the bet MC proposed had too much "when" in it. Government moves slow. There was no way to know. The post still proves how bizarre the predictions in this thread are. It's a great "life data point" for me.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 19:31 |
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Joined: 08/03/10 Posts: 1562 Post Likes: +1781 Company: D&M Leasing Houston Location: Katy, TX (KTME)
Aircraft: CitationV/C180
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Username Protected wrote: And all JC had to do was say, "Deal!" It's one of my biggest life regrets but at the time of that post Cirrus still didn't have certification. I knew they would get it and that the SF50 would sell huge but the bet MC proposed had too much "when" in it. Government moves slow. There was no way to know. The post still proves how bizarre the predictions in this thread are. It's a great "life data point" for me.
I would think it unfortunate if either JC or Mike C. were to never post on this forum again.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 20:02 |
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Joined: 03/28/17 Posts: 6702 Post Likes: +8043 Location: N. California
Aircraft: C-182
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Username Protected wrote: Mike's arguments can all be true and the SF50 can still be viable, appealing and successful. There seems to be some prevailing idea on both sides of this argument that both can't be true or that the sales disprove the engineering or vice versa.
Cirrus set to design a slow jet, that wasn't terribly efficient with limited range that was also easy to fly and relatively cheap. Thus far they have succeeded and it appears the project will be successful. I'm sold on the SF50, and my plans to buy one are now only about $2M short. The plane would do everything I'd want it to do, which is exponentially better than what I'm doing with the plane I have now.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 20:03 |
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Joined: 01/29/16 Posts: 1338 Post Likes: +1825 Company: RE/MAX at the Lake Location: Mooresville, NC
Aircraft: Cirrus SR22
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Username Protected wrote: Here's the through 3rd quarter Hondajet 21 units
I fly over the Honda jet factory a couple of times a week. We have steadily watched them park more planes on the ramp over the last few months. Last week I counted 18 that look ready for delivery, up from 2 or 3 in the spring.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 20:27 |
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Joined: 08/26/14 Posts: 144 Post Likes: +127 Location: Texas
Aircraft: 182
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“I would think it unfortunate if either JC or Mike C. were to never post on this forum again”
Agree. I enjoy both. What gets old is when others attack the person as part of their argument. I have seen that several times in the last few days.
I have been reading MC’s literature on and off for 10+ years. Some of the Eclipse chronicles between him and one Ken Meyer were classic reads.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 21:02 |
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Joined: 01/29/08 Posts: 26431 Post Likes: +13066 Location: Walterboro, SC. KRBW
Aircraft: PC12NG
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Username Protected wrote: I fly over the Honda jet factory a couple of times a week. We have steadily watched them park more planes on the ramp over the last few months. Last week I counted 18 that look ready for delivery, up from 2 or 3 in the spring.
I'm surprised they've delivered 21 this year. That's a pretty good number. I just don't see them parked on ramps very often.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 21:18 |
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Joined: 11/08/12 Posts: 12799 Post Likes: +5226 Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: In terms of operation, the Cirrus jet doesn't appear to make sense. Cirrus business plan has never been to make sense. They're selling emotion. This is a JET. It's like selling something that will make your penis 3" longer. Pull up all the studies you want showing size doesn't matter ... it'll still sell.
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Post subject: Re: Cirrus SF50 Posted: 10 Dec 2018, 22:29 |
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Joined: 07/21/08 Posts: 5470 Post Likes: +6188 Location: Decatur, TX (XA99)
Aircraft: 1979 Bonanza A36
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Username Protected wrote: Here's the through 3rd quarter 2018 GAMA report.... found it: https://gama.aero/wp-content/uploads/20 ... rtQ3-1.pdfSF50 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. total SF50's 41 units total of the others 51 units pretty impressive failure. I wish all my failures were that good.
_________________ I'm just here for the free snacks
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