27 Nov 2025, 19:04 [ UTC - 5; DST ]
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 15:23 |
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Joined: 11/15/17 Posts: 1179 Post Likes: +609 Company: Cessna (retired)
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Username Protected wrote: Chip claiming that Mike C made up his phase 5 cost is another unfair attack.
How many Phase 5 inspections have you done with your own money? My bet is absolutely zero. You use other people’s money to pay high prices then try to claim the guys in the real world are making up numbers because they don’t match your inflated experience.
So how much have you paid for any Phase 5 of a legacy citation out of your pocket?
We have at least 4 guys here that have paid for at least one Phase 5 sharing their experience so let’s hear your experience with your own money?
You do realize all of your numbers are from other peoples spending where you advise them to pay more than they should. Just because you tell someone a phase 5 should cost $80k does not make it true.
Edit- I just added a photo from Skyway on the cost of a 550 Phase 5. This is one of the expert shops in the legacy world. So Chip must know more then these guys.
Mike Attachment for 550/551 showed a FADEC Relay Check. First time I ever heard of these having a FADEC.
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 16:44 |
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Joined: 08/14/13 Posts: 6410 Post Likes: +5147
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Username Protected wrote: Here’s what you do big boy, you call the guys at Skyway and ask them what a phase 5 cost. Then you call Rusty at East Texas Turbines, then call Bryson over at TAS and Scott at Stevens.
Are you encountering situations often where planes that are listed for sale have major phases due that the buyer will be tasked with completing? When I was shopping, just about every airframe for sale was either in phase inspection, or just out of one- at any rate, it was mostly handled by the seller of the airplane, not the buyer I avoided even inquiring on the airplanes that had a lot of maintenance due or upcoming, no thanks
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 17:51 |
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Joined: 05/23/13 Posts: 8605 Post Likes: +11156 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Username Protected wrote: Here’s what you do big boy, you call the guys at Skyway and ask them what a phase 5 cost. Then you call Rusty at East Texas Turbines, then call Bryson over at TAS and Scott at Stevens.
Are you encountering situations often where planes that are listed for sale have major phases due that the buyer will be tasked with completing? When I was shopping, just about every airframe for sale was either in phase inspection, or just out of one- at any rate, it was mostly handled by the seller of the airplane, not the buyer I avoided even inquiring on the airplanes that had a lot of maintenance due or upcoming, no thanks
It depends on where the airplane is inspection wise, we had a CJ3 this year that was coming up on a Doc 22 so we used that as the base for our prebuy, they already had it scheduled at Textron San Antonio, so it worked out great! We were about to do the exact same thing on a CJ3+ but our client shifted to a Phenom 300E that doesn’t need anything. We’re looking for a V, as Kirk mentioned, I always prefer to do a Phase 5 as a prebuy, because it’s the most invasive inspection, but it has to be coming up within months to get a seller to agree to it, because they know that at almost any shop it’s going to generate $50k plus in discrepancies.
Obviously, on King Air we like to do a phase 1-4 because it gives us a good look at the whole airplane and resets the clock, but sometimes we end up just doing what is due next.
_________________ Recent acquisitions - 2019 King Air 350i - 2025 Citation M2Gen2 - 2015 Citation CJ3+
Last edited on 14 Oct 2023, 18:11, edited 1 time in total.
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 17:58 |
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Joined: 05/23/13 Posts: 8605 Post Likes: +11156 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Mike Pyle deleted his last post, so I’m posting without the capture.
Mike,
I told Jan I’d quit going back and forth, so I will… here’s an olive branch, I’ll pay, with my own money, for a Phase 5 on your airplane at Stevens Aviation Nashville, I’ll also hire a mechanic to oversee the inspection, which is exactly what we do for our clients on every Citation prebuy.
I’ll pay for the flat rate and oversight, you pay for all LEGITIMATE airworthiness discrepancies.
Deal?
_________________ Recent acquisitions - 2019 King Air 350i - 2025 Citation M2Gen2 - 2015 Citation CJ3+
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 18:16 |
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Joined: 07/17/15 Posts: 568 Post Likes: +566 Location: KSRQ
Aircraft: C510
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Username Protected wrote: ATC has also played a major role in my flight profiles, this was hard to forecast/predict- sometimes I am held down to 6000ft when departing the bravo, for up to 20mins, which is nearly half the entire trip......it is quite frustrating and I don't see citations being subjected to that
Would be interesting to accidentally file a flight plan with citation as the aircraft typeand see how ATC handled it differently Brian, I can guarantee you unless you are departing from KATL, if you are leaving from LZU, PDK, RYY, or FTY going south, you get the shaft at 6,000 feet until you are 30 south of the Bravo. On the run to Destin, even in the Citations, we never file for higher than 21k. It is very frustrating…
I can confirm this 100%. I will never stop for fuel at KLZU going south. They REALLY give you the shaft.
_________________ Tony
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 19:14 |
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Joined: 11/19/15 Posts: 1676 Post Likes: +1551 Company: Centurion LV and Eleusis Location: Draper UT KPVU-KVNY
Aircraft: N45AF 501sp Eagle II
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Username Protected wrote: Mike Pyle deleted his last post, so I’m posting without the capture.
Mike,
I told Jan I’d quit going back and forth, so I will… here’s an olive branch, I’ll pay, with my own money, for a Phase 5 on your airplane at Stevens Aviation Nashville, I’ll also hire a mechanic to oversee the inspection, which is exactly what we do for our clients on every Citation prebuy.
I’ll pay for the flat rate and oversight, you pay for all LEGITIMATE airworthiness discrepancies.
Deal? Dude you are not OK. LOL. Are you saying the guy that last did my Phase 5 didn’t do a good job? Do you even know who it was? You just can’t help yourself but to trash anyone other than your guys that do inspections. Even when you have no idea who you are trashing. Grow up. Mike
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 19:20 |
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Joined: 05/23/13 Posts: 8605 Post Likes: +11156 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Username Protected wrote: Mike Pyle deleted his last post, so I’m posting without the capture.
Mike,
I told Jan I’d quit going back and forth, so I will… here’s an olive branch, I’ll pay, with my own money, for a Phase 5 on your airplane at Stevens Aviation Nashville, I’ll also hire a mechanic to oversee the inspection, which is exactly what we do for our clients on every Citation prebuy.
I’ll pay for the flat rate and oversight, you pay for all LEGITIMATE airworthiness discrepancies.
Deal? Dude you are not OK. LOL. Are you saying the guy that last did my Phase 5 didn’t do a good job? Do you even know who it was? You just can’t help yourself but to trash anyone other than your guys that do inspections. Even when you have no idea who you are trashing. Grow up. Mike
I don’t have “guys” we use shops all over the country, as long as they are a reputable shop we’ll use them. I have no idea who did your phase 5, or what he did.
You say I’ve never paid for one with my own money, so here I am willing to pay for one.
What do you have to lose?
_________________ Recent acquisitions - 2019 King Air 350i - 2025 Citation M2Gen2 - 2015 Citation CJ3+
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 20:54 |
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Joined: 08/14/13 Posts: 6410 Post Likes: +5147
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Username Protected wrote: What do you have to lose? Worth mentioning again, when it’s your money on the line- 9.5% tax on parts AND labor for non-STC work for aircraft with a gross weight under 12,500 in Tennessee Ouch
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 21:48 |
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Joined: 02/10/17 Posts: 328 Post Likes: +285 Company: Fly Buy LLC Location: FL
Aircraft: Bonanza, C501
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I'm going to chime in since I happen to own a 501. Tarver's post about what things typically cost is pure gold for anyone interested in legacy citations. In my experience, Tarver talks the talk and walks the walk. I've been to ME, NH, and FL service centers for various small inspections, RVSM, etc, and his predictions have been spot on.
Full disclosure: I bought an excellent 501 from Mike. I won't get into everything I went through to decide to choose the 501 except to say my legs are typically in the 600-800 mile range, and weather and cap X was driving factors.
The leftover $1M capX (compared to a TBM) brings me $90,000 a year additional passive income (with relatively low risk). I already file in the top tax bracket so I have some options and choices others probably don't have. Many people won't make the same returns (I'm a professional investor, and I own businesses in multiple states), so maybe buying the 10s @ 4.6% is a more realistic return on the saved capX. Anyway, the extra income pays for a lot of fuel AND it's not tied up in an airplane.
The 501 was the right decision for me, my budget, and my mission. Regarding maintenance on my plane, Mike has been, and will remain, my first phone call anytime I need advice or a sounding board.
Granted, I've only been in the Citation for nine months and I've only flown it 150 hours. My family and I have visited six national parks from ME to CA (one business caters to National Parks), and because of the jet, I'm now doing business in two more states. The jet makes me money, I appreciate the convenience and safety, and it makes me happy. It's also smooth, quiet, fun, and easy to fly. Yes I know, when %#$@ goes south Jet's are a handful. Honestly, when any plane decides you're going to have a bad day, it's a bad day. I'll leave the keyboard warriors to battle out the training in a SIM vs airplane debate. Suffice to say, I take safety serious.
The plane can go (relatively) fast or relatively far. It has a 50kt envelope to use as you need to.
I've done five nonstop legs from FL to ME. Yes, you need good winds and reasonable ISA temps. At long-range cruise, it's a 300kt plane, 90-100 gph, FL38 to 41, contingent on ISA. I'm amazed how accurate Foreflight is on planning. Yes, I need to step climb. It'll go to 35K in 30 minutes easy peasy. Yes, reserves are weather-dependent. There are hundreds of airports along the eastern seaboard. Stack the cards as best you can, and then play the hand. Diverting is easy and fun. If it's not - I don't fly that day.
Regarding transitioning from the Baron: One of the most fun aviation endeavors I've ever had. Right up there with competitive aerobatics and formation flying. Loved the school. Loved my instructors. Loved the check ride. Loved my mentor pilots. There are plenty of other threads that get into the details. I came to the type rating with a little north of 2000 hours and lots of actual weather flying in the Baron. I have business interests in New England and Michigan. No matter what airplane I've owned, from the Cub to high performance experimental, to twin engine piston, I have NEVER had a problem sitting on the ground. Flying a full deice (not FIKI) Baron, I got pretty good with the skew T. 36 years of flying I've never needed to be anywhere on someone else's timeline. That's just how I roll.
Back to flying the jet: I love the professionalism of RVSM airspace, arrivals and departures> Commingling the same airspace, same crossing restrictions, and (most of the time) same airspeeds with the pros. I strive to hold myself to the same standards. As my Dad would say, if you're going to do something - do it right.
For those interested in anything jet-burning, from SETP to legacy citations - enjoy the journey. Find the right plane for you. There are no dumb questions. For me, it was the 501. I'm also prepared to write a 100K check without any financial hardship. (Not that i don't ask questions.)
If your legs are 400-800 miles, it's hard to beat a Citation. If you occasionally want to go 1000-1200 nm, it'll do that to (winds and ISA contingent). There is a fantastic hyper mile article, I think it was written by Seirra. It's truly amazing how far these airplanes will go when you're flying angle of attack.
As Tarver says, I've found the water to be nice. To my beechtalk brothers and sisters: be nice to one another and enjoy the experience!
_________________ Karl Warner F33A, C-501
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Post subject: Re: Legacy Citation vs Turboprop Posted: 14 Oct 2023, 22:33 |
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Joined: 05/23/13 Posts: 8605 Post Likes: +11156 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Username Protected wrote: What do you have to lose? Worth mentioning again, when it’s your money on the line- 9.5% tax on parts AND labor for non-STC work for aircraft with a gross weight under 12,500 in Tennessee Ouch
Good point, I just dropped the name Stevens, we can use any of the shops I mentioned. East Texas Turbines would be great, small shop, certainly not “gold plated” and my Citation mechanic lives nearby so it would save me some travel expenses.
_________________ Recent acquisitions - 2019 King Air 350i - 2025 Citation M2Gen2 - 2015 Citation CJ3+
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Post subject: Re: Legacy Citation vs Turboprop Posted: 15 Oct 2023, 04:28 |
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Joined: 04/24/18 Posts: 736 Post Likes: +359 Location: NYC
Aircraft: ISP Eagle II SR22 g2
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Username Protected wrote: Answering the Dry lease questions.
Then of course there is the FAA paper work to register the dry lease and we have to have a binder with docs in the plane.
Mike I’m pretty sure that up to 12,500 pounds gross weight you do not have to register the dry leases with the FAA. Just execute them and keep them in the plane.
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Post subject: Re: Legacy Citation vs Turboprop Posted: 15 Oct 2023, 04:43 |
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Joined: 04/02/16 Posts: 577 Post Likes: +458
Aircraft: D55, C172
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All this stuff about a phase 5; what are the specifics for one on say a 501?
_________________ Embrace The Suck
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Post subject: Re: Legacy Citation vs Turboprop Posted: 15 Oct 2023, 09:59 |
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Joined: 05/05/09 Posts: 5310 Post Likes: +5298
Aircraft: C501, R66, A36
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Username Protected wrote: All this stuff about a phase 5; what are the specifics for one on say a 501? Please attached, it's a "looking" inspection. It's a time to reflect and fix the little things that haven't been addressed in 3 or 6 years. In having done 20+ of these, I've yet to find something that was an imminent risk to human life. It's not a bad thing but you're going to put some wear and tear on the fasteners and the interior so it's not something you want to do without cause. And with respect for cost, most of the flat rate inspections are probably priced at $300/hour for guys getting paid $30-40 an hour. There's nothing wrong with that from the shop's perspective but I don't believe the cost charged represents the actual value of the work performed. Some of what we pay for maintenance is the value of the knowledge/tools/expertise and is not strictly a time basis.
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