Buying A Second Hand Cirrus - What Would You Do ?
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Buying A Second Hand Cirrus - What Would You Do ?
Maybe this is the year that I finally decide to buy a cirrus. However I can't make up my mind which is the best way of doing it.
There are several groups advertising in the magazines for shared cirrus ownership, I hear on the gossip grapevine that availability is generally good and the membership of these groups has been far less than envisaged making some of them struggle financially and potentially questioning their long-term viability. This may be true or just airfield gossip.
Two Cirrus owning friends tell me they think the price for second hand cirruses will reduce significantly in the next few months, especially with these interesting financial times persisting and new models being launched.
Options :
1. Buy now in UK
2. Buy now in US
3. Wait a few months to see if the price really does drops.
4. Join a cirrus group
Thoughts and advice very welcome.
I don't know if any other fellow PPRuNer's are mulling over this as well and wonder what thoughts and advice others have.
Cheers,
LateFinals
There are several groups advertising in the magazines for shared cirrus ownership, I hear on the gossip grapevine that availability is generally good and the membership of these groups has been far less than envisaged making some of them struggle financially and potentially questioning their long-term viability. This may be true or just airfield gossip.
Two Cirrus owning friends tell me they think the price for second hand cirruses will reduce significantly in the next few months, especially with these interesting financial times persisting and new models being launched.
Options :
1. Buy now in UK
2. Buy now in US
3. Wait a few months to see if the price really does drops.
4. Join a cirrus group
Thoughts and advice very welcome.
I don't know if any other fellow PPRuNer's are mulling over this as well and wonder what thoughts and advice others have.
Cheers,
LateFinals
Join Date: May 2001
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1. I assume you have flown a Cirrus. If not, and assuming you can, join a non equity group for six months and get to know the aircraft,
2. Regardless, if you can, wait another six months, I think the economic situation will change significantly in that time,
3. If you buy from the Sates, be very careful to factor in ALL the costs involved and be very careful to ensure the aircraft is properly surveyed. Consider the legal position in so far as NDB and DMEs are concerned, most US aircraft will not have these fitted. We may also have some news from FCL008 regarding the operation of N regs in Europe by then, perhaps significant if you intend to operate on the N reg,
4. Do not buy a 20. The aircraft is under pwered and no where near as nice as the 22.
I am assuming you are "talking" used, not new.
2. Regardless, if you can, wait another six months, I think the economic situation will change significantly in that time,
3. If you buy from the Sates, be very careful to factor in ALL the costs involved and be very careful to ensure the aircraft is properly surveyed. Consider the legal position in so far as NDB and DMEs are concerned, most US aircraft will not have these fitted. We may also have some news from FCL008 regarding the operation of N regs in Europe by then, perhaps significant if you intend to operate on the N reg,
4. Do not buy a 20. The aircraft is under pwered and no where near as nice as the 22.
I am assuming you are "talking" used, not new.
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Yes, I've been checked out on the cirrus and they're fabulous, that's why I want one !
I don't want to open up the whole lack of NDB debate which could go on for ever, cirrus owners flying IFR don't yet seem to have had significant problems although others may know differently.
With the future uncertainly of N regs in Europe, if buying a used cirrus in the US and bringing it over would it be better to put it on teh G register ?
LF
I don't want to open up the whole lack of NDB debate which could go on for ever, cirrus owners flying IFR don't yet seem to have had significant problems although others may know differently.
With the future uncertainly of N regs in Europe, if buying a used cirrus in the US and bringing it over would it be better to put it on teh G register ?
LF
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Late finals
The Cirrus is a great machine if you like to fly long distance VFR or IFR single engine, and see a lot of tarmac when coming in to land. It looks great from an image point of view if this is what you want
It's not a great machine if you want to explore all the beautiful great little grass strips in your own country.
Whatever machine we buy is always dictated by the real flights we will be making.
Good luck with your baby!
The Cirrus is a great machine if you like to fly long distance VFR or IFR single engine, and see a lot of tarmac when coming in to land. It looks great from an image point of view if this is what you want
It's not a great machine if you want to explore all the beautiful great little grass strips in your own country.
Whatever machine we buy is always dictated by the real flights we will be making.
Good luck with your baby!
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Assuming you actually want a Cirrus (which is a whole separate argument) then the best way is to import from the USA, direct flight in via the Denmark zero VAT route, and leave it on the N-register. Move to G-register if you already have the local IR or if/when EASA forces you to do something.
You will need an ADF and DME to be both legal and practical. DME is mandatory everywhere here for IFR, the ADF in a few countries, and lots of approaches use NDBs.
Before purchase make sure the aircraft has no modifications which would make the transfer to a european register messy. Mods, especially avionics, are much cheaper done while the aircraft is still in the USA but avoid doing anything which would be euro-problematic.
You will need an ADF and DME to be both legal and practical. DME is mandatory everywhere here for IFR, the ADF in a few countries, and lots of approaches use NDBs.
Before purchase make sure the aircraft has no modifications which would make the transfer to a european register messy. Mods, especially avionics, are much cheaper done while the aircraft is still in the USA but avoid doing anything which would be euro-problematic.
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You will need an ADF and DME to be both legal and practical.
See for instance UK AIP GEN 1.5, para 5.2.2 or NL AIP GEN 1.5, para 2.2
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In my opinion as a 1/3rd owner of an N reg SR22 an equity group is perfect if you have the right like minded partners which is the absolute key to enjoying the experience. I have no regrets and thoroughly enjoy the plane.
With the Dollar at $1.44 today there is not such an advantage with importing at this level and I would look for one that fits your budget in this country or europe. We bought our's at exchange rate of $2.00
Look on COPA web site www.cirruspilots.org if not allready a member it is a fantastic resourse and there is plenty of up to date information about pricing and the state of the market in the US. There certainly are many bargains currently and prices have dropped significantly and IMO will continue to do so further.
If I can be of any help I am based at Rochester EGTO so feel free to pm
Duncan
With the Dollar at $1.44 today there is not such an advantage with importing at this level and I would look for one that fits your budget in this country or europe. We bought our's at exchange rate of $2.00
Look on COPA web site www.cirruspilots.org if not allready a member it is a fantastic resourse and there is plenty of up to date information about pricing and the state of the market in the US. There certainly are many bargains currently and prices have dropped significantly and IMO will continue to do so further.
If I can be of any help I am based at Rochester EGTO so feel free to pm
Duncan
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Damage history?
If the aircraft that you are looking at has ang sort of damage histor get it looked at by someone who knows glass before you part with any money.
Bad repair work is very easy to hide with composites and it will take a real expert to spot the problems, that having been said don't let well done repairs put you off a good deal when others shy away because of lack of knowlage.
Bad repair work is very easy to hide with composites and it will take a real expert to spot the problems, that having been said don't let well done repairs put you off a good deal when others shy away because of lack of knowlage.
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If you're looking at buying a used Cirrus, look no further than Absolute Aviation in the UK. They consist of the top Cirrus maintenance people, an ex Cirrus Demo/Sales pilot and an ex Cirrus Sales/Contract administrator.
