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.
I’m writing to the pilot that’s considering the transition from flying aluminum into advanced performance composite aircraft and in particular Cirrus Aircraft. In this series of blogs, I’ve worked to answer some of the questions that I encountered during the pre-buy, purchase process, and early ownership.
Why is it beneficial to organize pre-owned Cirrus Aircraft into five budget categories? Because it provides a framework to compare available quantity and asking prices among planes manufactured with similar design features.
This past month, there were four Turbo Cirrus SR22T-G5 listed on Controller for sale in the United States. Expect an asking price of $729,000 for a low-time turbocharged G5 with air-conditioning (see appendix for details).
What is the price for a 2010 turbocharged Cirrus Perspective SR22T? This past month, there were fifteen SR22T all factory Continental “turbocharged” aircraft listed on Controller for sale in the United States. That number moved up to twenty at the time of this post.
What is the price for a turbo-normalized Cirrus with Perspective by Garmin flight deck? Prices and quantities are stable, except for the 2008 model year. That’s the first year Cirrus Perspective by Garmin was available and only three 2008 Perspectives were on Controller this past month.
In all, there were a baker’s dozen of Turbo Cirrus Perspective SR22TN’s for sale in the United States. The majority of planes were GTSx models (10/13), most had air-conditioning (8/13), and all had the yaw damper option except one (12/13).