GTS models offer a good price check point because these planes have fully loaded avionics, along with similar interior and exterior enhancements. What are the asking prices for Cirrus SR22-G2 GTS planes?
For a low-time SR22-G2 GTS with air-conditioning, and no other owner upgrades, expect an asking price around $259,000. Pricing should reflect total time, condition and owner upgrades, such as, air-conditioning, WAAS or DFC-90 autopilot.
Prices are about the same as what I saw two years ago; however, relative prices are slightly higher for a couple of reasons: first, the planes in general have several hundred more hours; second, the 10 year CAPS replacement cycle is now a near-term cost on many G2 models.
In September 2013, Controller advertised just twenty-three Cirrus SR22-G2 GTS models. I excluded nineteen non-GTS planes from this review (see future blog post for non-GTS price summary).
Only six of the GTS models had air-conditioning; which was a “must have” item on our shopping list and that option divided the pre-owned market for us because of the post-factory installation expense and time required.
Air-conditioning was not available as a Cirrus factory option until July 2006. But a number of owners have added air-conditioning on earlier models and its at least a $25,000 STC installation.
with air-conditioning, Asking Price SR22-G2 GTS
A very desirable owner upgrade is WAAS, which I understand, costs about $8,000 to install on Cirrus planes. Just one of six planes with air-conditioning had the upgraded navigation but seven of the planes without air-conditioned had WAAS. It was not until later in 2007, when G3 production started, that WAAS became a standard item.
without Air-conditioning, Asking Price SR22-G2 GTS
The first official G2 was in 2004 and rolled out with serial number 22-0821, and production continued until the spring of 2007 when the keys to serial number 22-2437 were handed over to their new owner. In all, Cirrus produced about 1,661 SR22-G2 aircraft between 2004 and 2007.
Owners of 2004 aircraft should be completing the CAPS maintenance cycle now and it’s a known upcoming cost on the 2005 and 2006 models. The estimated cost for CAPS replacement is $13,400.
You shouldn’t expect to see price declines if the economy improves further and demand from buyers continues to match supply of G2’s for sale. More pilots are deciding to transition into advanced composite high-performance personal transportation and very few SR22-G2 GTS planes are on the market today.
Many pilots believe the SR22-G2 is a sweet spot among pre-owned Cirrus Aircraft. To be an informed buyer, you’ll want to research the market and perform your own due diligence.
This article does not focus on the many certificated improvements made during the generation-2 production run. But you will want to understand the differences by serial number that occurred from 2004 – 2006. Below are several related blog articles on that topic.
- How many SR22-G2’s Shipped? click here
- Ready for the Option – SR22-G2 click here
- 5 Categories Pre-Owned Cirrus Aircraft Market click here
- How much does an SR22 pre-G2 Cirrus cost click here
Appendix – Controller advertising summary
|Year||Serial #||Tail #||Asking||TTAF||GTS||WAAS||A/C||Autopilot|
|Year||Serial #||Tail #||Asking Price||TTAF||GTS||WAAS||A/C||Autopilot|
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