Its been more than a decade since the first normally aspirated SR22 third generation planes began shipment. Very few of these pre-owned planes are available for sale today. “That was then and this is now.” Let’s look at how the market has changed. Continue reading “Normally Aspirated Avidyne SR22-G3 That was Then, This is Now”
It’s estimated that Cirrus shipped about 250 normally aspirated Avidyne equipped SR22 generation three airplanes from 2007 into 2008. Recently, only two (2) were listed for sale, which represents less than 1% of the manufacturer production on the market (anything less than 3% is considered supply contraction). Continue reading “What are the asking prices for Avidyne SR22-G3 normally aspirated planes?”
Cirrus produced about 1,661 SR22-G2 airplanes between 2004 and spring 2007 (serial numbers 22-0821 to 22-2437). The acronym GTS was introduced by Cirrus to designate a “fully option loaded” airplane, and sold for about $100,000 more than the base model. But that was then and this is now. Continue reading “Cirrus SR22-G2 non-GTS, That was then, This is now”
In January 2008, Tim Gieseler published a popular article in Cirrus Pilot Magazine, “SR20/SR22 Model History 1999-2007.” One reference point of information in the article is a summary of original factory prices for the Cirrus SR22 and pre-owned market prices at that time. But that was then and this is now: Continue reading “Cirrus SR22-G2 GTS, That was then, This is now”
In early 2018, Controller listed forty-eight SR22-G2 non-GTS airplanes. The acronym GTS was introduced by Cirrus to designate a “fully loaded” airplane. But many owners have added upgrades to their second generation non-GTS planes. So, you’ll need to research and compare equipment listings.
The asking prices for non-GTS models with air conditioning ranged from $199,900 – $249,500. Prices for non-GTS models without air conditioning ranged from $199,000 – $279,000. The tables in the appendix below list more detail including total time on airframe (TTAF). Continue reading “What are the asking prices for pre-owned SR22-G2 non-GTS airplanes?”
Cirrus produced about 1,661 generation two SR22-G2 airplanes between 2004 and spring 2007 (serial numbers 22-0821 to 22-2437). The acronym GTS was introduced to designate a “fully loaded” airplane and sold for about $100,000 more than the base model. So, value comparison on a less-equipped non-GTS planes is entirely dependent on options and owner upgrades.
Even generation two GTS models are not necessarily equipped the same. That’s because Cirrus added new options, sometimes in the same year, and certain items like air conditioning were excluded. So, research carefully and compare GTS model equipment.
Continue reading “What are the asking prices for pre-owned SR22-G2 GTS airplanes?”
The second generation SR22 was the largest production run of that model at 1,616 airplanes. As noted in previous articles, only about 2% are available for sale. When evaluating these pre-owned SR22-G2s how do you categorize asking prices? Here’s a 3 step process:
First, divide the list into two groups: GTS and non-GTS models. The Generation Two Special had almost all of the available factory options. It’s a starting point for comparing like models. But you’ll need to check the listing details for non-GTS models. Many owners have upgraded their planes. Continue reading “How to categorize asking prices for Cirrus SR22-G2 airplanes”
From 2004 until 2007, Cirrus shipped about 1,616 second generation SR22 airplanes. The first SR22-G2 was shipped in 2004 (serial number 0821) and the series continued until early 2007 when the last second generation plane was completed (serial number 2437). Continue reading “How many Cirrus SR22-G2 airplanes shipped?”
A past article in Aviation Consumer.com stated “. . . for buyers who can’t afford the price of a brand-new Cirrus [there’s]
a healthy supply of used ones for sale. For as little as $100,000 you might score a first generation G1 SR22.”
“That was then, and This is now.” Recently, we found only five SR22-G1 planes for sale in The States and the average price was $200,000.
Many years ago, Tim Gieseler, a Cirrus SR22-G1 owner and COPA member, wrote a popular article titled “Cirrus SR20/SR22 Model History 1999-2007.” In the piece he lists market prices for the SR22-G1 airplanes. Current prices in 2017 closely match his numbers from ten years ago, which indicates these planes are holding their value. Not bad. I’ve summarized Tim’s 2007 market prices in the table below. Continue reading “Cirrus SR22-G1 Airplane, That was then, This is now”
If you know the number of planes that shipped and the current market availability you’ll be a more informed buyer and seller. From 2001-2004, Cirrus shipped 818 SR22-G1 planes. But only five SR22-G1 pre-owned planes were listed on Controller for sale in the United States in the fall of 2017. That’s less than one percent of Generation One airplanes. A very low inventory of pre-owned planes for sale.
The five SR22-G1s had a price range from $160,000 to $259,000. Most of these planes had avionics upgrades and appeared to be well cared for by their owners. Here are the pricing details: Continue reading “How much does a Cirrus SR22-G1 airplane cost?”