04 May 2025, 21:08 [ UTC - 5; DST ]
|
Username Protected |
Message |
Username Protected
|
Post subject: Current Cirrus Market Posted: 12 Jun 2014, 19:35 |
|
 |

|
|
 |
Joined: 11/25/11 Posts: 9015 Post Likes: +17213 Location: KGNF, Grenada, MS
Aircraft: Baron, 180,195,J-3
|
|
This thread is for information from BT members who, for one reason or another, have CURRENT knowledge of the Cirrus market, values and adds/deducts.
Please do not let this become a debate on Cirrus or Cirrus versus anything, I need info.
Through an unusual circle of events, I have been asked to purchase a 2005 Cirrus; not on market. No big adds and only one deduct that the chute pack is one year out. Mid time, 1000 TT airframe and engine.
I subscribe to VREF and it says $190k not allowing for the chute repack. VREF also gives a fairly strong market rating, but I have cursory knowledge that makes me suspect the strength of the market; especially since the value has dropped by $5,000 in the last quarter.
If you have knowledge, please share. Also, I have an excellent shop with Cirrus experience, but what are the "specifics" of the pre-buy issues.
And no, I won't be selling the Aerostar.
Jgreen
_________________ Waste no time with fools. They have nothing to lose.
|
|
Top |
|
Username Protected
|
Post subject: Re: Current Cirrus Market Posted: 12 Jun 2014, 21:37 |
|
 |

|
|
Joined: 06/14/09 Posts: 745 Post Likes: +9 Location: Chicago, IL (KGYY), GA, KVLD, FL, KOPF
Aircraft: Cirrus SR22 Turbo
|
|
John,
You're not giving any info to work on. Is it a 20 or a 22, turbo? Air conditioning? I suggest you get more details and probably tAlk to the folks at COPA.org they love to talk as much as the beech brothers.
With respect to market pricing, cirrus have a bad track record on price depreciation for a bunch of reasons. It seems they have stabilized and have firmed-up a bit. They are producing less, allowing demand to outstrip supply. With the new G-5 at $600 to $800k's, it's caused the earlier models to look like bargains. But again get more info.
With respect to the pre-buy, I suggest you call the guys at Savvy, they'll he'll you find a right shop to do it and will walk your through it.
|
|
Top |
|
Username Protected
|
Post subject: Re: Current Cirrus Market Posted: 12 Jun 2014, 21:57 |
|
 |

|
|
 |
Joined: 11/25/11 Posts: 9015 Post Likes: +17213 Location: KGNF, Grenada, MS
Aircraft: Baron, 180,195,J-3
|
|
I'm a little chagrined. SR-22, traffic and weather. When I think Cirrus, I never even consider the SR-20.
Personally, I usually find VREF as a good starting point, don't care to debate that, but in this case, when I hear of actual sales, it seems high. My impression is that this is a $160,000 airplane.
I think that VREF showing a $5,000 drop in the last quarter, should be "a clue".
If I can't buy this airplane "right", I'm not interested. I have the A*, Skylane and the Cub. Seems like I should be satisfied?
Jgreen
_________________ Waste no time with fools. They have nothing to lose.
|
|
Top |
|
Username Protected
|
Post subject: Re: Current Cirrus Market Posted: 12 Jun 2014, 22:32 |
|
 |

|
|
 |
Joined: 11/21/09 Posts: 12193 Post Likes: +16369 Location: Albany, TX
Aircraft: Prior SR22T,V35B,182
|
|
JG - the main Cirrus website lists pre owned from more than one broker. Should give you a good idea. I won't be much help as I was looking for a very specific plane. Glad to visit about anything else. http://cirrusaircraft.com/preowned/
|
|
Top |
|
Username Protected
|
Post subject: Re: Current Cirrus Market Posted: 12 Jun 2014, 22:49 |
|
 |

|
|
Joined: 06/14/09 Posts: 745 Post Likes: +9 Location: Chicago, IL (KGYY), GA, KVLD, FL, KOPF
Aircraft: Cirrus SR22 Turbo
|
|
Username Protected wrote: John, You know, that is not really a nice thing to say. There are a few brokers right here on BT that are stand up guys and will tell you if a plane is a decent deal. There are a few lawyers also here that are good guys. Labeling a person as a BSer when you don't even know them is just as bad as calling a someone a name due to the color of their skin. I usually find people that do not trust someone they have never met usually is this way because they are the same way - just sayin... Anyway, it is my opinion that the G2 is a decent plane; however, if I was intending to fly it in any ice at all I would want TKS and if I wanted to have a plane that would perform decent in the ice I would want the newer airframe (2009?) with the big TKS panels. I have heard (from people owning G2 and earlier) that non-TKS planes are horrible in the ice and the TKS planes will help you get out if you get out quickly. I have heard the same people say the newer system flies rather well in the ice. I would not want this Cirrus at any price since it does not have TKS. With that said, $160k or so is probably safe. A $5,000 price fluctuation really means nothing. That is a couple of cylinders that you will be replacing. VREF means nothing either. Quote: I agree with Todd, I've had inadvertent I've encounters with both a non-TKS BO 36 and a TKS cirrus. While the BO is A mule with ice, the cirrus is simply not. It's actually quite alarming how quickly you lose airspeed. The TKS is no FIKI but it really cleans the wings up very quickly. I'm not convinced that TKS is absolutely necessary in a normally aspirated plane in the south but a turbo or N/A in the north absolutely. As I've said before, I do love the cirrus but they really do not wear ice comfortably.
Last edited on 12 Jun 2014, 23:53, edited 1 time in total.
|
|
Top |
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum
|
Terms of Service | Forum FAQ | Contact Us
BeechTalk, LLC is the quintessential Beechcraft Owners & Pilots Group providing a
forum for the discussion of technical, practical, and entertaining issues relating to all Beech aircraft. These include
the Bonanza (both V-tail and straight-tail models), Baron, Debonair, Duke, Twin Bonanza, King Air, Sierra, Skipper, Sport, Sundowner,
Musketeer, Travel Air, Starship, Queen Air, BeechJet, and Premier lines of airplanes, turboprops, and turbojets.
BeechTalk, LLC is not affiliated or endorsed by the Beechcraft Corporation, its subsidiaries, or affiliates.
Beechcraft™, King Air™, and Travel Air™ are the registered trademarks of the Beechcraft Corporation.
Copyright© BeechTalk, LLC 2007-2025
|
|
|
|