banner
banner

22 Jun 2025, 03:20 [ UTC - 5; DST ]


Garmin International (Banner)



Reply to topic  [ 285 posts ]  Go to page Previous  1 ... 8, 9, 10, 11, 12, 13, 14 ... 19  Next
Username Protected Message
 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 08:00 
Offline


User avatar
 Profile




Joined: 11/08/12
Posts: 12810
Post Likes: +5256
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
Username Protected wrote:
I'm starting to discount this mystique assigned to premium turbine overhaul shops. I sense it may be a marketing construct more than a practical one.

The parts are the same. Wheels, blades, stators, shrouds, liners, impellers, etc. So that's not the value proposition for a premium shop.


The value proposition is not what the shops are, it's what they aren't.

I went to this frontier life museum one time. They had a reconstructed pioneer cabin and it had a fenced yard. They pointed out that the fence was to keep things OUT, not keep things in. You did want cows wandering through your vegetable patch.

I'd say the same factor is at play here. The premium shops are known names. They may be rapacious to the current purchaser, but they aren't dangerous to the next one. I share your philosophy of picking shops, but if you're looking through logbooks that might be 5 or 10 years old, trying to sort out what XYZ Aerotech actually did, it can be hard for an average purchaser.

And there are shady people out there who will do shady work. It's a mistake to assume anyone outside the premium fence does shady work ... but that's not the "value". The value is that no one INSIDE the fence does shady work.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 08:54 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 8062
Post Likes: +10391
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
I'm starting to discount this mystique assigned to premium turbine overhaul shops. I sense it may be a marketing construct more than a practical one.

The parts are the same. Wheels, blades, stators, shrouds, liners, impellers, etc. So that's not the value proposition for a premium shop.


The value proposition is not what the shops are, it's what they aren't.

I went to this frontier life museum one time. They had a reconstructed pioneer cabin and it had a fenced yard. They pointed out that the fence was to keep things OUT, not keep things in. You did want cows wandering through your vegetable patch.

I'd say the same factor is at play here. The premium shops are known names. They may be rapacious to the current purchaser, but they aren't dangerous to the next one. I share your philosophy of picking shops, but if you're looking through logbooks that might be 5 or 10 years old, trying to sort out what XYZ Aerotech actually did, it can be hard for an average purchaser.

And there are shady people out there who will do shady work. It's a mistake to assume anyone outside the premium fence does shady work ... but that's not the "value". The value is that no one INSIDE the fence does shady work.


Nailed it!

And to Mike’s point earlier, yes it is a marketing value more than an actual difference in the quality of work.

Adam pointed out that a premium shop likely replaced more very expensive parts which while painful to the current customer is a benefit to the future purchaser. They do have a reputation for being heavy handed with replacing parts, which is why they need a babysitter. It’s also why Covington probably doesn’t, they are more value focused because price, not a slick marketing reputation is how they are attracting their customers.

From a buyer’s perspective Chuck is exactly right, if I’m looking through logbooks and see that Pratt, Dallas, Vector or Standard did the engines ten years ago, I check the box and move on. (Assuming PT6 with good PT disk) if I see another name, the work of digging into those overhauls and what they did begins.

Some buyers don’t know to dig deeper...

Others won’t dig at all and if it’s not the shop they want to see they move on to the next airplane.
_________________
Winners don’t whine.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 09:06 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 8062
Post Likes: +10391
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
For those who don’t know, a DOF shop or DDOF shop is a Pratt Distributor and Designated Overhaul Facility. The DOF shops do not use PMA parts, which is a different discussion, but PMA parts have caused some real problems over the years. In addition to Pratt parts they will replace anything that will not make it, under normal cycle counts, to the next engine event and usually to the next overhaul. (again I’m not an engine expert, so if it’s to overhaul, someone chime in)

If a non-DOF shop does the overhaul, all bets are off. You could be buying an airplane with engines that turn into pumpkins in 100 cycles even though hots are 1000 hours away.

Many a King Air buyer learned their lesson back in the day buying airplanes with 8000 cycle PT disk.

_________________
Winners don’t whine.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 09:13 
Offline


User avatar
 Profile




Joined: 01/16/11
Posts: 11068
Post Likes: +7095
Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
Username Protected wrote:
Chip, how much “fat” would you consider there to be in the name-brand turbine engine business?


Good question, I don’t really know, I do know that once they have your engine in pieces you’re at their mercy, which is why we recommend hiring someone.



You certainly are and thinking that Dallas or Standard has you covered because they did the work is simply not factual. Most of the AG guys do their own removal of the hots and someone like Jeff Wiggins (blackfinn aviation) comes in and does the inspection and repair.

Standard Aero, owned by the Carlyle Group. Great PE firm, they're buying all the 'big money' making companies that work on high end stuff, like Lauderdale Marine in Fort Lauderdale.

Dallas Airmotive, owned by none other than BBA, that prestigious company that owns Signature, who along with many other facilities actively campaign against any competition on the field for both fuel and repair.

And then there is Covington, who are a run with a seemingly different mentality, that I have witnessed first hand.

https://www.covingtonaircraft.com/statement-faith

To Adam Silverthorne's point about overhauling to within tolerances and thinking that the 30k HSI is somehow better than the 6k HSI is simply someone without an understanding of what is happening. Go ahead with your bad self and get that stamp of approval for future sales via Dallas or Standard. At least the brokers will be happy.

Any savvy PC12 buyer and good broker, will hopefully enlighten you. Lord knows I've tried.
_________________
---Rusty Shoe Keeper---


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 09:46 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 8062
Post Likes: +10391
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:

Good question, I don’t really know, I do know that once they have your engine in pieces you’re at their mercy, which is why we recommend hiring someone.



You certainly are and thinking that Dallas or Standard has you covered because they did the work is simply not factual. Most of the AG guys do their own removal of the hots and someone like Jeff Wiggins (blackfinn aviation) comes in and does the inspection and repair.

Standard Aero, owned by the Carlyle Group. Great PE firm, they're buying all the 'big money' making companies that work on high end stuff, like Lauderdale Marine in Fort Lauderdale.

Dallas Airmotive, owned by none other than BBA, that prestigious company that owns Signature, who along with many other facilities actively campaign against any competition on the field for both fuel and repair.

And then there is Covington, who are a run with a seemingly different mentality, that I have witnessed first hand.

https://www.covingtonaircraft.com/statement-faith

To Adam Silverthorne's point about overhauling to within tolerances and thinking that the 30k HSI is somehow better than the 6k HSI is simply someone without an understanding of what is happening. Go ahead with your bad self and get that stamp of approval for future sales via Dallas or Standard. At least the brokers will be happy.

Any savvy PC12 buyer and good broker, will hopefully enlighten you. Lord knows I've tried.


Question, when you first bought your PC-12, did anyone explain what the potential overhaul cost would be?

I ask because I talk to a lot of TBM and PC-12 owners who had no idea it could be $500k when they bought the airplane. I’m guessing these good brokers you mention may have omitted that bit of information.

BTW just because your HSI was 1/3 the cost of what it could have been at a maintenance facility, your overhaul won’t be that different. You’re saving labor on the Hot and that’s how your getting that low number, when it comes to overhaul, the labor is fairly minor, those high dollar parts are where the money is! I’m betting Covington is still a better value, but it’s probably more like 10-15% cheaper.
_________________
Winners don’t whine.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 10:22 
Offline


User avatar
 Profile




Joined: 01/16/11
Posts: 11068
Post Likes: +7095
Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
I came in eyes wide open. Totally understand how much an engine overhaul was. Sean Sanders was my buyers agent. Totally enlightened me to the cost of owning a SETP.

Frankly I've been pleasantly surprised at the overall cost (lower than I expected) and utility of having such a fine airplane.

_________________
---Rusty Shoe Keeper---


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 10:27 
Offline


User avatar
 Profile




Joined: 09/05/09
Posts: 4347
Post Likes: +3134
Location: Raleigh, NC
Aircraft: L-39
Chip-

so if a TBM is sold, do you think the buyer will discount the value if the HSI was done at Convington? i.e., does a Dallas HSI carry a sales premium over a shop like Covington?

I thought your posts intimated that HSIs or OHs done by a less well known shop carry less "value" in the market. Yet I don't know if I'm convinced this is true. isn't the HSI done to Pratt's specs, irrespective of who does the work?

_________________
"Find worthy causes in your life."


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 11:39 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 8062
Post Likes: +10391
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
Chip-

so if a TBM is sold, do you think the buyer will discount the value if the HSI was done at Convington? i.e., does a Dallas HSI carry a sales premium over a shop like Covington?

I thought your posts intimated that HSIs or OHs done by a less well known shop carry less "value" in the market. Yet I don't know if I'm convinced this is true. isn't the HSI done to Pratt's specs, irrespective of who does the work?


When the conversation started I didn’t know Covington was a DDOF... the fact that I didn’t know, points to my assertion that they still have a ways to go to convert their brand and reputation from an excellent AG vendor to a excellent corporate vendor / DOF shop. They are working on it, I see them at the events, including the King Air Gathering, but it takes time.

To answer your question, absolutely do not let a non-DOF shop do an engine event on a TBM, the pedigree is too important. You might find a buyer, but most savvy buyers are going to pass. Not ask for a discount, pass.

As a DOF shop Covington is fine and the more engines they have in the fleet, the better their reputation and acceptance will become. I will say some buyers may have a problem with a Covington engine, you’ll need to educate them, it is up to the owner to decide if saving X is worth the risk that they might lose a buyer.

Covington is making their name in the corporate world, being one of only four DOF shops is a big deal, they pay handsomely for that by the way. If they’re reading this, and they probably are, my advice would be to aggressively go after the TBM and PC12 business, they are much smaller fleets than King Airs and it will be easier to become the go-to shop. Once they’ve done that, the stodgy King Air market will follow!

As I side note, I’d like to see Prime become a DOF, they also do great work and stand behind it.

_________________
Winners don’t whine.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 11:45 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 8062
Post Likes: +10391
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
I came in eyes wide open. Totally understand how much an engine overhaul was. Sean Sanders was my buyers agent. Totally enlightened me to the cost of owning a SETP.

Frankly I've been pleasantly surprised at the overall cost (lower than I expected) and utility of having such a fine airplane.


If we can ask, how much was your overhaul and who did it?

_________________
Winners don’t whine.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 11:54 
Offline


User avatar
 Profile




Joined: 01/16/11
Posts: 11068
Post Likes: +7095
Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
Username Protected wrote:
I came in eyes wide open. Totally understand how much an engine overhaul was. Sean Sanders was my buyers agent. Totally enlightened me to the cost of owning a SETP.

Frankly I've been pleasantly surprised at the overall cost (lower than I expected) and utility of having such a fine airplane.


If we can ask, how much was your overhaul and who did it?


No overhaul yet. I'm about 700hrs away.
I will most probably do another HSI here in 100 hrs.

just like the ag group.
_________________
---Rusty Shoe Keeper---


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 12:04 
Offline


User avatar
 Profile




Joined: 01/28/13
Posts: 6224
Post Likes: +4250
Location: Indiana
Aircraft: C195, D17S, M20TN
Username Protected wrote:
I ask because I talk to a lot of TBM and PC-12 owners who had no idea it could be $500k when they bought the airplane. I’m guessing these good brokers you mention may have omitted that bit of information.

BTW just because your HSI was 1/3 the cost of what it could have been at a maintenance facility, your overhaul won’t be that different. You’re saving labor on the Hot and that’s how your getting that low number, when it comes to overhaul, the labor is fairly minor, those high dollar parts are where the money is! I’m betting Covington is still a better value, but it’s probably more like 10-15% cheaper.
[/quote]

Chip I sure did and was told the high end for the -66D in the 850 I bought would be $350k but could be 240k. In the end your 500+ is more accurate no matter what a service center touts from CA. These prices are P&W numbers from a couple years ago now.

_________________
Chuck
KEVV


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 13:22 
Offline



User avatar
 WWW  Profile




Joined: 06/28/09
Posts: 14384
Post Likes: +9515
Location: Walnut Creek, CA (KCCR)
Aircraft: 1962 Twin Bonanza
Username Protected wrote:
=
To Adam Silverthorne's point about overhauling to within tolerances and thinking that the 30k HSI is somehow better than the 6k HSI is simply someone without an understanding of what is happening. Go ahead with your bad self and get that stamp of approval for future sales via Dallas or Standard. At least the brokers will be happy.

Any savvy PC12 buyer and good broker, will hopefully enlighten you. Lord knows I've tried.


I'm just gathering intel, did they guy who came in after you at Covington pay 30k?

I go to Martin and it is a good shop. I fly down to SNA to go to them even though Mather is a short hop. Mather is good too but much more expensive. I pay similar annuals as you. My guy there is trustworthy mechanic with every Pilatus bonafide you can have. He's not motivated by sales or anything else. I appreciate your datapoint but would like to hear some more. Hopefully more folks will chime in, possibly needs a different thread.

_________________
http://calipilot.com
atp/cfii


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 13:37 
Offline


User avatar
 Profile




Joined: 01/16/11
Posts: 11068
Post Likes: +7095
Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
Username Protected wrote:
=
To Adam Silverthorne's point about overhauling to within tolerances and thinking that the 30k HSI is somehow better than the 6k HSI is simply someone without an understanding of what is happening. Go ahead with your bad self and get that stamp of approval for future sales via Dallas or Standard. At least the brokers will be happy.

Any savvy PC12 buyer and good broker, will hopefully enlighten you. Lord knows I've tried.


I'm just gathering intel, did they guy who came in after you at Covington pay 30k?

I go to Martin and it is a good shop. I fly down to SNA to go to them even though Mather is a short hop. Mather is good too but much more expensive. I pay similar annuals as you. My guy there is trustworthy mechanic with every Pilatus bonafide you can have. He's not motivated by sales or anything else. I appreciate your datapoint but would like to hear some more. Hopefully more folks will chime in, possibly needs a different thread.


Erik at Martin Aviation is fantastic. About as knowledgeable as anyone on the PC12
_________________
---Rusty Shoe Keeper---


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 17:54 
Offline


 Profile




Joined: 01/17/21
Posts: 10
Post Likes: +11
Aircraft: Citation M2
Username Protected wrote:
[quote="Greg Chavez"

My insurance is with Tom Hauge, it's a goodun. Still went up considerably this year. I think the rate has much to do with the PC12 safety record.


$25K seems expensive to me... My insurance for me flying my M2 single pilot is $21K with $5M smooth for a $3.7M hull.


Top

 Post subject: Re: New M600 vs used TBM/PC12
PostPosted: 26 Jan 2021, 18:04 
Offline


 Profile




Joined: 01/17/21
Posts: 10
Post Likes: +11
Aircraft: Citation M2
And just to chime in on the Meridian vs. TBM vs. PC12 since I've owned a Meridian and 2 TBMs... All are great airplanes. I've got about 1,000 hours in a Meridian but that was 2001-2004. I understand the M600 is a lot better and has a G3000, which I have in my M2, and is AWESOME. I think that is a big advantage for the guy asking w/ 1,000 hours and Cirrus time (which means he likely has Garmin experience).

I have even more time in TBMs - I owned a 700 C2 and a TBM850 with a G1000 for 10 years. Great, great airplane. Built significantly better than my Meridian (Can't compare it to the M600 as I don't have experience with the M600). Fast and really fun to fly but also a bit more expensive to maintain.

The Pilatus is an awesome airplane. I've never flown in one but I've ridden in the back. Only downside is that they are slow and the avionics if you value and/or are familiar with Garmin. I'm a Garmin guy and love the situational awareness as I am based in Aspen and fly SP so I just love how easy it is to use.

So I think the answer is this - If you value the cabin and are carrying big loads go with the Pilatus. If you are typically carrying 4 people or less and want the ease and familiarity of the Garmin cockpit get a TBM850 G1000. It will depreciate less than a new M600 and I think the support will be better in Europe because Socata is there.


Top

Display posts from previous:  Sort by  
Reply to topic  [ 285 posts ]  Go to page Previous  1 ... 8, 9, 10, 11, 12, 13, 14 ... 19  Next



PWI, Inc. (Banner)

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

Jump to:  

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

.garmin-85x200-2021-11-22.jpg.
.saint-85x50.jpg.
.KalAir_Black.jpg.
.daytona.jpg.
.MountainAirframe.jpg.
.sierratrax-85x50.png.
.gallagher_85x50.jpg.
.dbm.jpg.
.aerox_85x100.png.
.Wentworth_85x100.JPG.
.wilco-85x100.png.
.Latitude.jpg.
.blackwell-85x50.png.
.holymicro-85x50.jpg.
.Wingman 85x50.png.
.camguard.jpg.
.wat-85x50.jpg.
.b-kool-85x50.png.
.puremedical-85x200.jpg.
.concorde.jpg.
.geebee-85x50.jpg.
.mcfarlane-85x50.png.
.ssv-85x50-2023-12-17.jpg.
.bullardaviation-85x50-2.jpg.
.jetacq-85x50.jpg.
.bpt-85x50-2019-07-27.jpg.
.centex-85x50.jpg.
.kingairnation-85x50.png.
.rnp.85x50.png.
.aviationdesigndouble.jpg.
.performanceaero-85x50.jpg.
.KingAirMaint85_50.png.
.blackhawk-85x100-2019-09-25.jpg.
.pdi-85x50.jpg.
.ABS-85x100.jpg.
.stanmusikame-85x50.jpg.
.AAI.jpg.
.tempest.jpg.
.SCA.jpg.
.Elite-85x50.png.
.boomerang-85x50-2023-12-17.png.
.kadex-85x50.jpg.
.headsetsetc_Small_85x50.jpg.
.CiESVer2.jpg.
.midwest2.jpg.
.traceaviation-85x150.png.
.temple-85x100-2015-02-23.jpg.
.tat-85x100.png.
.jandsaviation-85x50.jpg.
.planelogix-85x100-2015-04-15.jpg.
.shortnnumbers-85x100.png.
.ocraviation-85x50.png.
.airmart-85x150.png.