I agree with Chip the Cirrus sr22 to Piaggio jump would be too much for an inexperienced pilot.

Really? I had 750 piston single hours 6.5 years ago and went right to the TBM. No one seemed to think that was unusual and I knew plenty that did it with less.

Your math doesn't math.

They are asking $1.850M and that airplane would have sold new in the mid $2M's

That's a $600k loss, not a $1.3M loss.

Your math doesn't math.

They are asking $1.850M and that airplane would have sold new in the mid $2M's

That's a $600k loss, not a $1.3M loss.

Really? I had 750 piston single hours 6.5 years ago and went right to the TBM. No one seemed to think that was unusual and I knew plenty that did it with less.

That's why my next plane will be this:

10 hours mentor time required, did 20. Insurance was less than $20K.

10 hours mentor time required, did 20. Insurance was less than $20K.

The Piaggio was $800k 6 years ago????

Out of curiosity, what was your TOTAL cost of ownership over the last six years? How much money left your wallet that was related to owning and operating your aircraft?

How much downtime did you have over 6 years?

We're still talking about bananas and potatoes, but I am really curious about the P.180 true costs and uptime. Some of the anecdotal stories on BT aren't encouraging.

The early SF-50 buyers paid $1.39MM plus CPI from 2012, so around $1.5MM.

Every aircraft has increased in value over the last 6 years.

Mostly true, but not always:

In February of 2022, you could have bought this 4 year old SF50 for $2.8mm



And today, you can buy a 4 year old SF50-G2 or G2+ for.... $2.8mm

But a 2018 SF50 now sells for $1.8mm (decreased $1mm in asking price)

The values have declined. The buying and selling prices in US dollars has increased thanks to inflation.

Year Inflation Rate
2019 2.30%
2020 1.40%
2021 7.00%
2022 6.50%
2023 3.40%
2024 2.9%

Cumulative, that's 25.8% inflation. If you have a desirable aircraft, you may have seen a slight increase in what you could sell it for, or buy an equivalent aircraft today. I know that is true of my G36. But it does not have really any greater value, just a higher price.

In November of 2020, you could have purchased a 2016 G36 for $795,000 (listed on Trade a Plane at that time). Right now, there are 2 2016 G36s for sale on TaP at $850k and $900k each.

I have a theory why a Bonanza holds it's value, but a SF50 does not, but I'd hate to speculate on BeechTalk.

We weren’t tracking the SF50 market back in 2018, but I think the new ones were selling in the low $2M’s

Having said that, the early serials had some new airplane issues so I would expect prices on those to decline. I would also expect resale to be lackluster on SF50’s in general because of the combination of volume production and relatively short ownership periods.

The real question is what does Cirrus do when they reach market saturation?

I'm gonna post another fun comparison over on the "mustang is perfect for your mission" thread...

viewtopic.php?f=49&t=178204&p=3603264#p3603264

TLDR? Mustangs have held their prices as well as Bonanzas.

The airplane you used as an example was on the market for 1771 days, from 6/14/12 until 4/20/17 and did not sell.

I don’t know why it was on the market that long, but I assume it was the price.

When I am in front of my computer, I can look back at our archived notes and tell you more, but typically when someone buys an airplane and puts it back up for sale within a few months and then holds onto it, that is an indication that they put it out at a price they couldn’t say no to.