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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 09:42 
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Username Protected wrote:
The number of sales of the Phenom 100 actually proves your point, it isn’t that they are that popular, it’s that people buy them, keep them for a year ir two and then want something else.

Does the fact that nobody has ever asked you to buy them a Phenom 100 mean anything? If 38 change hands in a year it seems you'd come across some deals?


Not really, we had a client last year that was interested in the Phenom 100, but once he saw it, he didn’t like it. Too small, we ended up on a Lear 40XR instead. Our business is mainly referral so we tend to run in trends, I’m sure if we did a Phenom 100 we’d do a couple more within a year or two.
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 09:45 
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Joined: 01/29/08
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Location: Walterboro, SC. KRBW
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Username Protected wrote:
Not really, we had a client last year that was interested in the Phenom 100, but once he saw it, he didn’t like it. Too small, we ended up on a Lear 40XR instead.

You say "not really" then you tell a story about a guy who chose not to buy a Phenom 100 because it's no good. But 38 are changing hands a year a full asking price? C'mon.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 09:50 
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Joined: 04/16/12
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Location: Keller, TX (KFTW)
Aircraft: '68 36 (E-19)
1500 PC12s.

300 P100s.

5x as many PCs.

60-80 PCs sold in 6 months = 120-160/yr.

Let's go with upper range.

160/5=32

Account for P100s turning over faster...

Suggests 38 in a year likely is pretty close.

BWTHDIK.

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 09:57 
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Username Protected wrote:
300 P100s.

Chip misused out the E and the EV model of the Phenom 100 with his statement.

How many base model 100's are there? Can't be 300.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 09:58 
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Username Protected wrote:
60-80 PCs sold in 6 months = 120-160/yr.

I'm not buying this number either. Where are these numbers coming from?


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:00 
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Joined: 05/23/13
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Username Protected wrote:
300 P100s.

Chip misused out the E and the EV model of the Phenom 100 with his statement.

How many base model 100's are there? Can't be 300.


I think there’s 250
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:01 
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Joined: 05/23/13
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Company: Jet Acquisitions
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Username Protected wrote:
60-80 PCs sold in 6 months = 120-160/yr.

I'm not buying this number either. Where are these numbers coming from?


JetNet
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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:14 
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Username Protected wrote:
JetNet

Ha. And we've come full circle.

I wouldn't like JetNet if I were you. If JetNet had accurate data a buyer would know everything you know.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:17 
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Username Protected wrote:

I think there’s 250

Then if 38 used Phenom 100's changed hands this year it's because they've hit a price point where people are like "F it.... It's jet". I think that price is in the low 1's. I may go buy one just to tell people I own a jet. Ha.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:27 
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My good friend, Gary Goltz (Prime Aircraft in Addison, TX), has brought this Citation Mustang to market - not $1.3mm but not all that far off in asking. Looks like a lot of cluck for the buck to me but I'm a poor Baron driver so WTHDIK.

https://www.controller.com/listings/air ... on-mustang

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 10:42 
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Joined: 07/11/11
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Location: Queretaro / Woodlands
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Username Protected wrote:
300 P100s.

Chip misused out the E and the EV model of the Phenom 100 with his statement.

How many base model 100's are there? Can't be 300.

Here - maybe this can shed some light. It’s from this past Spring but you get the idea:

https://www.jetaviva.com/market-reports ... ing-17.php

https://www.jetaviva.com/market-reports ... Report.pdf

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 11:07 
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Username Protected wrote:
Here - maybe this can shed some light. It’s from this past Spring but you get the idea:

https://www.jetaviva.com/market-reports ... ing-17.php

https://www.jetaviva.com/market-reports ... Report.pdf

Yup. I get the idea. The idea that I'd be throwing out $1.3MM offers on Phenom 100's. First taker gets my money.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 11:08 
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Joined: 01/29/08
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Location: Walterboro, SC. KRBW
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Username Protected wrote:
My good friend, Gary Goltz (Prime Aircraft in Addison, TX), has brought this Citation Mustang to market - not $1.3mm but not all that far off in asking. Looks like a lot of cluck for the buck to me but I'm a poor Baron driver so WTHDIK.

https://www.controller.com/listings/air ... on-mustang

2000 hour Mustang. I think his asking price is high.


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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 11:12 
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Username Protected wrote:
2000 hour Mustang. I think his asking price is high.


Apologies for further thread drift but can someone explain this:

"Left engine was off for approximately 26 hours to repair a combustion liner in 2015."

Did they put a loaner engine on the plane during those 26 hours? Surely the plane didn't fly 26 hours without the left engine??? Or maybe it did fly without the left engine and that's totally acceptable. Wouldn't they have known that SEJs are cripples? :scratch:

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 Post subject: Re: Best t-prop or jet for $1.3m?
PostPosted: 17 Nov 2017, 12:14 
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Joined: 06/28/09
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Username Protected wrote:
Apologies for further thread drift but can someone explain this:

"Left engine was off for approximately 26 hours to repair a combustion liner in 2015."


They put on a loaner engine. Turbine and Jet engines are easy to swap.

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