Geeze, I thought my RV was a money pit. You have my sympathy.
@tool793 күн бұрын
If it flies or floats......rent it!
@aviatortrucker62854 күн бұрын
It goes without saying if you’re well to do enough to buy a Cirrus then you should be well to do to pay for its maintenance.
@mauriceevans65463 күн бұрын
Like who cares! Don't buy expensive planes
@PoetPindar20 сағат бұрын
Thx for your video. We used to be at Carlsbad Jet Center. We’re at Montgomery Field now. We have an SR22 T and a Vision Jet. I don’t think $17k is terrible, especially since you rent it out. But it is an expensive hobby no matter how you look at it. Both of our planes are used in our business so we get the best tax treatment possible. Love your content. Thx.
@cherokee5924 күн бұрын
There's two ways to own an airplane: Learn about it and do some owner maintenance - or pay. The best way is to join COPA and to learn as much about it as possible $ 207 for an oil change is pretty cheap, by the way.
@navajojohn944818 сағат бұрын
People seem to forget to mention when a depreciated item is sold the depreciation is recaptured. So he depreciated the $1 million dollar airplane by $1 million giving a value of $0. . If he sells that airplane for 750k that $750k is taxed as income.
@navajojohn944817 сағат бұрын
The labor charge part of the basic inspection cost cover spark plugs since they have to checked, cleaned, or replaced. Plus removed to checked for cylinder heath, oil, spark, fuel condition. and cylinder compression checks to be performed. Those Champion RHB32E plugs run $48.00 retail each and cheaper for other brands so they made plenty on the mark up from wholesale. There goes $144.00 so they did you no favors.
@rodgersrcaviation278515 сағат бұрын
U ever bought a fine wire iridium aviation plug. You’ll poop your pants when u see what they cost but they do last three times as long and work way better
@cherokee5924 күн бұрын
The "de-ice" system is actually an anti-ice system and it has nothing to do with the Turbo. You can have the FIKI system on both the NA or the Turbo planes. A thorough inspection of that complete system for $ 300 is absolutely ok, I would say.
@cmejaf303 күн бұрын
Agreed. FIKI and turbo are completely independent of one another. Having watched this video, the owner should have some guidance on mx. Doesn’t seem to grasp and understand the details of what should be done and what doesn’t need to be done. Would recommend they check out Savvy Mx. Also, $200 or so for an oil change is a bargain!!😂
@TonyJavierTV3 күн бұрын
Totally agree. After watching it back, I realize that I said that turbo meant FIKI but what I meant is that the turbo has a FIKI system.
@TonyJavierTV3 күн бұрын
Can’t disagree with you.
@cherokee5923 күн бұрын
@@TonyJavierTV Alle newer SR22s that have a TKS system have FIKI!. Only in te beginning it was "normal non-FIKI" TKS then for a short while both were available, now it*s only anti-ice or not, for all SR22 models
@WeekendFlier3 күн бұрын
I guess I'll keep my piper cherokee starter plane. It doesn't have all that fancy stuff and it "only" costs me around $2000 for annual maintenance, assuming I don't have any other squawks. This year it was $2275 out the door. All of the labor is included, I just have to buy the parts like oils and filters and such. This year it needed the bumper on the front wheel strut that was an extra $17.
@TonyJavierTV2 күн бұрын
Definitely way more economical!
@Dbiggs104 күн бұрын
Thank you so much for being so detailed.
@TonyJavierTV4 күн бұрын
@@Dbiggs10 👍
@mts98218 сағат бұрын
how much money you make renting out your planes?
@antoniog98144 күн бұрын
Did you consider or test fly a Diamond before getting the Cirrus?
@TonyJavierTV3 күн бұрын
Honestly, I didn’t test anything except for this. I knew this is what I wanted but looking back I probably should have tested other things.
@rodgersrcaviation278515 сағат бұрын
Just wait till u get the bill to repack the parachute system. I think it’s every ten years Pricy as the roof of fuse has to be torn up to replace the chute straps and all.
@MisterTechnologic3 сағат бұрын
Yep generally runs 25k
@timgurule2 күн бұрын
Thank you for your Chanel. I have learned a lot. I am also in Real Estate as is my father. He has a large commercial and industrial portfolio. We have been watching your videos as we navigate purchasing a plane. I’m curious who you rent your planes out to and how do you do it? We will likely execute a similar strategy. Likely try to a similar strategy.
@TonyJavierTV2 күн бұрын
That’s great! I would always contact an aviation attorney first and foremost. When I bought my airplane, I did it through a flight school. When I rent my plane out, it’s not to new students. Usually, it’s a business people going on business trips that have been flying for a while. Every once in a while, it’s someone transitioning into a Cirrus from something smaller. Happy to help how I can.
@PatrickDuffy-u3s4 күн бұрын
Go experimental. I bought one and the total cost to own is $25 per hour.
@JohnathanMaravilla2 күн бұрын
Okay, but what plane do you have and does it perform anywhere near this aircraft?
@dewholdingsllc10502 күн бұрын
Nice content. Are turbo aircraft more expensive to maintain than NA? How about aircraft that are pressurized cabin? I assume so. Like an RV or livaboard diesel boat. Lots of yt posts are merely showing aircraft ownership as an expensive "hobby ownership" when best practice is to own inside of a formal business entity and operate at least 51% for a business purpose and obtain the tax benefits of aircraft ownership used to help your in your business or career. How do you segregate your personal use out of the business use of this aircraft?
@michaelangelo751113 сағат бұрын
Everything is now regulated into a state of impossibility. It will never end until no one can afford anything.
@cmejaf303 күн бұрын
I’m also a Cirrus owner but very involved in the mx and ownership of my 22TN… A lot of the items that you are listing off are time limit RECOMMENDED inspections, not mandatory life limit. Check Chapter 4 of the AMM for the only items that have a true life limit (CAPS, line cutters, EMA controller, etc). Everything else that you’re rattling off does NOT need to be done but the show is required to put it on the inspection report bc it’s in the Cirrus Chapter 5 list of the AMM. Ex: leave fuel injectors alone if the plane is running fine; no need to do something that’s not broken. You said you rent this out so if you’re on a Part 135 certificate then you have no choice. Part 91, there’s some flexibility in it. As mentioned in another post, based on what I hear you approving in the video, I’d highly recommend (a) joining COPA (Cirrus Owner & Pilot Assn) and (b) sign up for Savvy Mx to help guide you through Mx.
@TonyJavierTV3 күн бұрын
Thanks for the advice. I appreciate it! I’ll check into that.
@cmejaf303 күн бұрын
@@TonyJavierTV you’re welcome! Joining COPA has been a treasure trove of information. It’s saved me thousands in mx by sourcing the collective wisdom of some very knowledgeable and experienced owners (in addition to being a great group of members). It’s an absolutely awesome community. Makes ownership that much more enjoyable! Hope to see you on the forums! (BTW, I’m in annual right now as well. Mine’s coming in right at $14k. Granted, $6k of it are things I requested like an upgraded landing light, some fiberglass repair on a chipper cowling, new MLG faring, and TKS filter replacements). These planes aren’t cheap, but they’re a joy to fly and are very utilitarian!)
@navajojohn944818 сағат бұрын
Renting out a turbo charged piston to the public can be risky business from improper engine management.
@highendaudio4 күн бұрын
Did they do the throttle AD? It’s required by Jan 7.
@TonyJavierTV4 күн бұрын
@@highendaudio what is that?
@highendaudio4 күн бұрын
@@TonyJavierTVthey should have caught this at the annual. No more flying until it’s completed. And has to be done every 110 hours.
@robertloomis61134 күн бұрын
AD is an Airworthiness Directive. Cars have recalls for defects. Airplanes have Airworthiness Directives for defects. The AD in question is for the throttle lever. Report of a throttle lever breaking off in flight which resulted in the pilot unable to make power changes. The compliance action is to remove the lever, visually inspect the suspect area for cracks, the perform a florescent penetrant inspection on the lever. Its an ink that soaks into a crack. Shine a black light on it and it reveals a crack if there is one.
@cmejaf303 күн бұрын
@@robertloomis6113depends on whether the lever is beyond the 1,200 limit. On a 2019, the plane may not have enough hours to be involved in the A/D
@Max50ww3 күн бұрын
@@TonyJavierTVAD 24-24-11. You really need to get this done by a shop immediately. The airplane is not airworthy at this time until it has been done. It could result in FAA penalties and insurance claim denials if anything were to happen.
@whathasxgottodowithit3919.3 күн бұрын
The Cirrus CAPS System is time lifed, I am sure that will be expensive when the time comes. I am equally sure know one goes in to Cirrus ownership with their eyes closed.
@DanFrederiksen4 күн бұрын
worn out spark plugs after 5 years? 600$ just to look at the alternator... what do they cost typically if you have to get it done every 100 hours. That fleecing alone quickly makes renting inviable. A Swiss Risen can fly 200km/h for 5$ per hour of fuel. So if just inspection adds 60$/hour in cost it quickly adds up. how much do you rent it out for? 500$ an hour? more?
@TonyJavierTV3 күн бұрын
Fortunately, I’m able to get $600 an hour. I could probably get a little more if I wanted to.
@DanFrederiksen3 күн бұрын
@@TonyJavierTV shame it has to be so expensive for a simple propeller plane. Is that including fuel?
@Max50ww3 күн бұрын
@@DanFrederiksenI actually own and operate a Cirrus Authorized Service Center in the US. We have to have $3M in insurance coverage for that privilege. Our insurance costs a FORTUNE! I’ve often said in jest that our motto should be “our prices are high so we can afford the insurance to protect us from your lawyer”
@DanFrederiksen3 күн бұрын
@@Max50ww the joys of having the most jews outside of israel. how is healthcare these days? but I've heard that excuse, it doesn't fly anymore. If they make a decent plane and don't intentionally let poor quality stand as a matter of policy, lawyers have no teeth. General Aviation Revitalization Act (GARA) of 1994 gave guidelines for less self righteous lawsuits and only planes newer than 18 years are liable. The GA legal climate has changed. There are no lawsuits to justify charging 1million for a 50k$ plane. Nor for charging 600$ to look at an alternator.
@Max50ww2 күн бұрын
@@DanFrederiksen huh?
@navajojohn944818 сағат бұрын
He is a pilot and owner of a plane and does not know what an Oleo Strut is? Oh lord.
@iantaylor0523 күн бұрын
If you find the cost of an annual on an Sr22 painful, do NOT get s jet!!
@PA30Crewchief6 сағат бұрын
If you are renting a piston single out you are just asking for disappointment from abuse. Why have a personal airplane if you are going to rent it out? Especially if you are using it for your own business travel. $17k in maintenance on a complex $1m asset is trivial.
@jamesculver6053 күн бұрын
When you rent your plane out, you have no idea how it’s being operated. This can lead to unexpected maintenance.
@TonyJavierTV3 күн бұрын
Totally agree! I feel like the return is worth the risk.
@cg513821 сағат бұрын
750 a spark plug! You paid labor my friend, mark up 300%
@ron19693 күн бұрын
100 hr inspection is $10k?
@TonyJavierTV2 күн бұрын
Almost 6K for the actual inspection.
@OhioFlyer993 күн бұрын
You own and rent a Cirrus Fiki Turbo and don't know what an Oleo strut is?
@TonyJavierTV2 күн бұрын
You got me, I am still learning!
@deani2431Күн бұрын
Cirrus is the worst when it comes to parts cost and maintenance.
@letsgobrandon71129 сағат бұрын
Who else doesn’t give 2 F’s. If he can afford a plane thats over-priced out the door then oh well. Folks are out there struggling to feed their kids, and this guys whining about paying for his lifestyle.
@RaceMentally3 күн бұрын
$17k sounds like you can’t afford the plane. My annual was $11k on an RV and had $17k in it in 2024. Sell it bud. You need a cheaper plane. This is 100% financial advice. You remind me of all the guys who bring in new boats and trucks to my shops and cry about the bill. You’re a whiner and drowning in payments. Sell it you’re broke.
@TonyJavierTV3 күн бұрын
If I was broke, I definitely would not be doing this video. Or looking at a twin engine jet.
@RaceMentally3 күн бұрын
@ I owned an sr22. $20k-$30k I always set aside annually for it. My sandcars get $100k each year for maintenance. You don’t need a twin. I know it and you know it. You also rent your plane. Which shows me you can’t afford it. I’d never rent my planes out. You sound like a Plus one owner you sound like 😂.
@jlsc41253 күн бұрын
Ok, here's the bottom line. Why would I watch a video made by someone so dumb that they thought a plane would be cheap to own and maintain ?
@Max50ww3 күн бұрын
Did you watch it?
@jlsc41253 күн бұрын
@@Max50ww If you read my comment you already know the answer to that.
@pavelavietor1Күн бұрын
WTF
@mts98218 сағат бұрын
dont tell me you voted for that crook.
@MichaelHainen-g1m4 күн бұрын
That will teach you to build an RV-10 and do your own annuals and no F’ing parachute required
@braxtonboyer694 күн бұрын
You really think you can just do your own annual without being an A&P because it’s experimental? Lol wrong
@MichaelHainen-g1m3 күн бұрын
@ my buddy has been doing his for 5 years and he does his AirCam also
@Max50ww3 күн бұрын
@@braxtonboyer69Actually you can IF you are the builder of the airplane. Otherwise yes you must be an A&P for experimental category. And for standard category airplane requires IA (Inspection authorization) credentials to perform an annual inspection