BOMBARDIER-Smart Parts Plan
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Join Date: May 2010
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BOMBARDIER-Smart Parts Plan
Hello fellow PPruners!
We are in a process of acquiring a Challenger 300 (Brand New!) I just had a query on the Smart Parts plan offered by Bombardier,Is it any value for money? specific benefits if any for a brand new a/c,since the 5 yr warranty covers parts and labor cost on work done at ASC....
Your views are respected...thank you all...
We are in a process of acquiring a Challenger 300 (Brand New!) I just had a query on the Smart Parts plan offered by Bombardier,Is it any value for money? specific benefits if any for a brand new a/c,since the 5 yr warranty covers parts and labor cost on work done at ASC....
Your views are respected...thank you all...
Join Date: Nov 2001
Location: Where the Money Takes Me
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For one thing, if and when you sell the aircraft and it is not on Smart Parts then your residual value will suffer accordingly. Most CL300s will be on the programme!
Join Date: Mar 2004
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your residual value will suffer accordingly.
It really depends on how the owners look at it IMO, you make it easier to calculate with a program, less risk at higher cost.
My owners (not a 300 but a C680...) decided not to take any sort of program and for the time being we paid not much out of our pocket (airplane turns 5 in August, last parts of warranty running out by then)
So all in all our was cheaper up to now without program, OTOH I do cases were that was the other way round....
BTW Iīm officially jealous, a fantastic airplane you`ll get and a good steak at the 40Westt Steakhouse in Montreal when you pick it up... loved every second I flew it. (well, almost...)
Join Date: Apr 2008
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My opinion is that smart parts eliminates risk and provides a benefit when creating budget numbers. Many a flight department has closed after a large unforecasted "event".
I believe it does increase resale value and reduces time on market, since it signals that the flight department took care of the aircraft, and didn't defer items.
FR
I believe it does increase resale value and reduces time on market, since it signals that the flight department took care of the aircraft, and didn't defer items.
FR
Join Date: Aug 2010
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Well FrankR, I was just typing exactly the same thing. Agree totally.
His Dudeness, it used to be the "Queue de Cheval", at least with the GLEX, but now, you know, the recession.....
His Dudeness, it used to be the "Queue de Cheval", at least with the GLEX, but now, you know, the recession.....
Join Date: Mar 2004
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you make it easier to calculate with a program, less risk at higher cost.
Where does the bigger risk lie? Smart Parts or NO Smart Parts?
IMHO - the bigger risk lies in the latter
IMHO - the bigger risk lies in the latter
