A couple weeks ago I had a minor problem away from my home field at a fly in and had to hitch a ride home. Later that day Cirrus had a mechanic ready to fly down to look at it and my sales rep was ready to fly me back up. Because of my schedule we deferred to Monday and got the repair done and my plane home. Today I am at the Service Center getting a permanent fix. I've had this experience several times with various issues and Cirrus has always been all over it.

I think this is a big part of why people buy multiple new airplanes from them and part of why many current customers want their jet. I know I am going to miss it when I move on. It's an incredible company with a great product and even greater people.
.

A guy at my field just bought a brand new Cirrus, with as far as I can tell, every option available. He said it was around $800K, and he's looking for a 1/2 partner. His last Cirrus was no slouch, but 11 years old.

If I had $800K in cash to put down on an airplane, I would certainly reach for performance over age. But the new stuff sure is fun to look at.

three words, bonus depreciation recapture

learn those, and these purchases can be rationalized

three words, bonus depreciation recapture

learn those, and these purchases can be rationalized

Very glad to hear it all worked out Tony! Care to elaborate on the issue? I'm renting a 2014 G5 SR22 as a backup to the Seneca so just want to be prepared.

12 years ago, back when we were looking to buy a plane, a friend gave me the contact info for the area's Cirrus rep. He flew an SR22 over here to meet us at our airport, let me fly it left-seat, and was a no-pressure-but-full-of-helpfulness guy.

That resulted in buying the only new airplane I have ever bought, a 2004 SR22 G2. Sometimes, I still miss that plane..

They definitely have the customer experience down in a good way.

What was the minor problem and why did it require flying out a mechanic?

I had exactly the same thing happen spraying pumpkins a couple years ago. I had a fuel pump give up on the pawnee. I handed on a section line road and pretty soon one of my nieces appeared on her horse with a thermos of iced tea, a short time later one of the farm hands appeared on an ATV with some tools and a box full of every part resembling a fuel pump from my shop cubby's. I selected the right part and a few minutes later we were running again.

yeah, but to address the thread title, this is what keep the cirrus churn going, exhaust one, buy another new one, keep it moving

Do I understand correctly that using depreciation gives you the benefit of converting ordinary income to capital gains? IOW, when you take depreciation, you are reducing your income, but when you re-capture you only pay capital gains tax? If so, this could be very significant.

Only works for the business use percentage.

Only works if there are substantial profits to set the depreciation against.

Mike C.

I still believe more non-business guys are buying them.

Just had breakfast with a BTer that is no longer flying a 36, but now a 4 day old SR22T. It's not through a business....

Enjoyed our visit.

Only works for the business use percentage.

Only works if there are substantial profits to set the depreciation against.

Mike C.

Do I understand correctly that using depreciation gives you the benefit of converting ordinary income to capital gains? IOW, when you take depreciation, you are reducing your income, but when you re-capture you only pay capital gains tax? If so, this could be very significant.

Adam, they didn't fly a mechanic out ultimately he drove on Monday although he was prepared to fly earlier (he's a pilot). I'm sorry if my original post wasn't clear.

Again, my point is that they were willing to do whatever was necessary to get me back in the air which did include my sales guy, who sold me the airplane over 2 years ago, coordinating with the AOG department at Cirrus and getting a repair done very quickly and also transporting me. They could simply have had a local mechanic go look and then shipped parts and had me arrange my own transport a week later when it all got worked out. That isn't how they do things and that's why people who fly Cirrus love the company and not just the plane.