Cost To Own A TBM Jet Prop Airplane

[@tymurrell]

Nice to see someone just give straight cost answers. No beating around the bush.

[@joeschmoe1301]

This gentleman gives outstanding information on comparative values and, the ACTUAL factors regarding ownership!! Superb!!

[@e28powerm30]

More content like this, please. Preferably more from this guy, he's great!

[@dontbanmebrodontbanme5403]

Why was this video cut short? I'd love to hear more from him. I've always said that the three planes I'd most be interested in one day owning are: * TBM 700 * Piper M600 * Piper Meridian Turboprop engine, 300kts, can go into the flight levels and one can be had, if you're lucky, for $600K or so. It's obviously an expensive proposition, so save your dollars!!!

[@nevadarider3128]

Good content, but it kind of felt unfinished.

[@CPT_Nelson]

Yeah he got to a point but the video was over.

[@branchandfoundry560]

Rule No.1 to hook customers: Always leave them wanting more.

[@masontravelvidz]

Totally agree. Some of his best content and then cut it off.

[@bobdubolina]

Yup. Waiting for part 2.

[@Jeffopar]

I would love to hear more from this guy.

[@PatrickMichalina]

same

[@MarkanSaYT]

As you didn't mention inspections/maintenance on these babies let me jump in on this; 1. Inspections are not recommended but mandatory to insure that all parts of the plane are in proper shape; 2. Overhauls are not just for engine, for example prop overhauld for TBM 700 C1 would be around 18000$, Electric-hydraulic generator needs to be overhauled as well in time limits checks, 3. During standard inspections A, B or C programs mechanics go over checklist provided by maintenance manuals and anything that is found to be corroded, wornout, broken, etc would get replaced which is variable cost here and could drive up the price for the inspection by quite a bit 4. Time spent in hangar during maintenance can be maybe few weeks up to 2-3 months based on what needs to be done, parts, etc where you can't fly the plane but maybe get a chance to see it stripped with parts sitting on the shelf While TBM is for sure one of my favorite planes as how well they are built they are not cheap to own and operate but from what I saw from the work in maintenance for TBM's all of them are owned by companies so all expenses are tax write-offs while you fly with wife and kids all around the place.

[@donaldmitchell6994]

For my TBM700C2, insurance required 100 hours of dual after a Simcom course (included in the purchase price). The first year insurance was $84,000! This was after about 500 hours in a Piper Malibu too.

[@mojogrip]

Ouch

[@dontbanmebrodontbanme5403]

What was it the next year? My goal is to one day own a TBM 700, a Piper Meridian or a Piper M600. Hopefully, I won't be paying $84K in insurance every year. Wow!

[@donaldmitchell6994]

@@dontbanmebrodontbanme5403 Long time ago but about 1/3 the next year. I traded the TBM for a Meridian and a million dollars after my company was sold and I had to carry the whole cost. The biggest loss was the ability to non stop to Florida. The Malibu was even longer ranged than the TBM, just slower.

[@codybrady4447]

Well, I guess I’ll be sticking with a piston… I had no idea overhauls we’re so expensive on these! 😅

[@dizzy4303]

Main cost on any jet. This stuff is why owning any jet or turboprop separates rich people from truly wealthy people. Only really makes sense for corporations. And the fuel burn… yikes

[@LokiDWolf]

Oh wow. That was such a sudden end. Looking forward to more!

[@brettswanson4452]

Where's the rest of the video, is there a link? Also, the good thing about a turbo prop is you can get over almost any weather. You might get there an hour faster on most days but you may get there a day earlier on bad weather days.

[@rickdc3]

The annual on my previous Meridian was $40-50k/year. Jets don't have annuals like pistons and turboprops. My Eclipse 500 is actually cheaper than a TBM to own. Fuel burn is the same despite two engines (55 gallons total/hr at FL410 and 350 TAS). My insurance is under $30k/year.

[@DividendsTV]

The Eclipse 500 goes **roughly** the same speed though and has **half** of the range. Actually, range is my problem with all VLJs. There's not a single one that can get from the American Southwest to and from Teterboro (New York City) nonstop. That's my most frequent trip, and the TBM 900s have more range than all of them.

[@rickdc3]

@@DividendsTV Sounds like the right plane for your mission. I prefer two engines and the ability to get over more weather since my typical flight is around 500nm. I also like how much quieter and smoother a jet is vs a Turboprop.

[@DESMONTANDOELATEISMO]

The Cirrus fuel consumption is lower but the plane is smallest and can carry two or three less passengers as I remember. Hello from Panama

[@bretyoung1869]

Beautiful plane !! Very interesting 🤔 Thanks 👍

[@tuckernielson1]

I’d still like to know about Greg’s lodge in Alaska. Can we get some info? A link maybe?

[@alecpanayotov]

This is great content. I like this guy a lot. Keep it going

[@veerkar]

Dude I love your European accent. It is hilarious and kind of accurate.

[@kevinkaseff7033]

really helpful, how do we get more info about Greg's lodge in Alaska?

[@kevinbarry71]

Hey, we want more. He had a lot more to say

[@nilosantos4862]

The reality is that the total cost is the price the maintenances the flight cost hour. If nothing go wrong. Pay a ticket and forget buy. As much you fly more you spent. Or mail pigeon

[@2thelight]

Damn, makes a yacht seem inexpensive, what about this new celera? this looks like it would be much less to operate?

[@richardbyrd7268]

Great video. I found it very informative. Hopefully more to follow.

[@ryanleed2250]

The Legacy TBM's are a capable machine, but legacy avionics and inspection status will be spectacularly expensive when it goes into the shop. If you don't mind down time and spending money on an older machine, go for it.

[@JourdanUrbach]

Mike, if you're going to go to the effort of putting a video up, answer the question in the title. Cutting the video off at the most contentious and variable cost component (mx) is just a wild decision. As is the decision not to recap at all, or differentiate between insurance for different hull values from 700a to his 900 series.

[@romanticdonkey468]

It’s wonderful to dream, but my pocket book says ultra lite, then someday the Diamond DA40 NG. Beyond that I’d have to really expand our business to multiple cities.

[@ThePadMaster]

The thumbnail TBM is my office!

[@Giggidygiggidy12]

Really hoping that GE catalyst engine takes off and puts Pratt and Whitney in its place with their absurd rebuild cost makes them drop their pricing to avoid losing market share

[@mikewaterfield3599]

The term is turbo prop (turbine propeller), jetprop was the name Rocket Engineering gave their PA46 conversion.

[@Jimmer-Space88]

That’s a good argument and true, however, many interpret it as a jetprop when they’re explaining it to non-aviation people simply so they understand the similarities when it comes to reliability. Also, there is the argument that the PT 66 - D is turned backwards, and the exhaust or better said output actually turns the propeller which, in fact is how turbofan works. Your point is correct, however, I’m just explaining some of the nuances when people interpret it on a functional basis.

[@mikewaterfield3599]

@@Jimmer-Space88 oh been there, I basically live on airfields professionally and personally. It’s jarring when I have to go deal with groundlings.

[@awittypilot8961]

So then what is the cost? Never said a word about the final DOC, yearly budget for hrs flown or anything?

[@EJWash57]

"So you want to be a rock superstar, and live large..." If you really want to own what you fly, buy what you can afford. Aircraft repo isn't just a TV show.

[@Giggidygiggidy12]

Any reputable aircraft auction sites you can share a link or name here?

[@747driver3]

Buying any aircraft is the cheapest part. Engines and propellers and maintenance, training and insurance and fuel and hangars and on and on and on.

[@hugoglenn9741]

What’s the main cost in insurance, liability or replacement/damage and can you self insure on the damage side of the house. For instance if you purchased a much cheaper piston aircraft with cash

[@foxlake6750]

I was thinking we’d hear a range on total cost per hour

[@okhera1]

Very Nice Bro! Get Good People/Pilots!

[@timsolms]

Hard to watch but there good info buried in there

[@RobertJohnson-lb3qz]

The accent was magnificent. 😂 Ya, I too...

[@GregMoress]

Wouldn't hurt to educate the viewers about the difference between piston, turbine, and jet.

[@barryhuizing2804]

So Mike are you going to buy one these beautiful planes?

[@amirarbat7641]

Question: why not a pilatus pc ?

[@DividendsTV]

TMBs are faster, have more range, and are actually cheaper than Pilati. You want a Pilatus if you have (a) a large family or regularly more than 2-3 business associates traveling with you; or (b) lots of cargo you're hauling around. It's a heavier, slower plane that can carry more payload.

[@elliottdiedrich3068]

@DividendsTV But the Pilatus has a toilet which makes it faster than the TBM when it has to land for someone to take a dump.

[@triedproven9908]

Sounds like an annual fixed running cost of $200k with a variable $500k if your ptw looks like poo at the annual.

[@samsmet3121]

Nice tuto . Keep up

[@elmo575]

Funniest ever explanation of an engine overhaul lmao!

[@terryterry1655]

cf to pc12 pls

[@StepAttitude]

Something tells me that the only people watching these videos are the people that can’t afford these planes. As for me, yeah, I’d love to be in a plane like this, but that’s never gonna happen at those kinds of crazy costs. My path is RV 10 with a full glass cockpit.

[@ImNotADeeJay]

1m for just the engine. 1-effing-million-dollar. No wonder GA is rich men game only.

[@DanteSwimsWithSharks]

Please tell me where to buy a TBM 700 for 500-800k. I’m shopping now

[@galactictomato1434]

Call a broker

[@stonehorn4641]

“30k insurance isn’t that bad.” We live in very different worlds, friend.

[@marcus_w0]

So, If I have to go thru a rebuild, it's better to just buy a new engine and sell the old one on the aftermarket - this way I'm saving 400k. Why would I ever spend 600k on a 1m engine, that nets me 600k?

[@Tundraalex]

$35,000 a year for insurance? That’s $2,900 a month 😱

[@grayrabbit2211]

I wish he'd break down insurance costs a bit more. I know my insurer requires annual sim training for turbine operators. I'm curious if he's including that in the insurance cost. To me the fuel cost is the show stopper. I don't mind putting away $150/hr for engine replacement, but fuel... ouch. Jet A's $4.25/gal here which is more than double what it was before Brandon took office, and my airport is cheap compared to other parts of the country. It's north of $10/gallon at some airports, and they won't even give you a reach-around at that price. That bird takes 290 gallons. $1,200 here, up to $2,900 elsewhere for a fill-up.

[@robertlafnear7034]

Chump Change if you can afford the plane.🤔

[@dspicerj]

@@robertlafnear7034 yeah but if your a medium sized drug op and you need a plane it’s an expensive overhead 🤬

[@grayrabbit2211]

@@dspicerj not enough payload and range for a drug mule. I grew up in S Florida in the 1980s. We used to watch the drug planes (and drug boats) come in as kids. Good times.

[@TrolloTV]

@@grayrabbit2211the mental gymnastics to actually think the US president has shit to do with global markets for fuel and oil 🥴

[@psslonaker]

The over haul on my piston turbo 210 is cheap compared to taking it to a facility as one of my best friends is a jet engine guy and his company flies him all over the world to recertify a jet engine(s). He also does pistons and charges me zero to do it, but not everyone has a buddy that is an ai and ap. I love my 210, but I would double love to have a TBM. Gonna have to do some soul searching and most likely have a come to Jesus meeting to try to figure out how to justify and get a TBM. Thanks for the video.

[@djay9220]

Hey Mike, is this the plane you're going to buy. Are you giving us a hint.

[@maurymadeiros5999]

FAA like 👀 before he clarified how he’d be buried 😂

[@ziwilliams79]

The SR22T will run 225 knots. The TBM 330. Nowhere near twice the speed.

[@DavidSyler]

Not correct g6 22t owner.

[@ziwilliams79]

@@DavidSyler I am 100% correct. I sold both. Look at Cirrus Site and TBM's site.

[@asherdiamantberg5862]

Sir is it Possible to use another Car engine that exceeds 400HP apart from the Car Engines you listed in your "5 Car Engines for Aircraft Video" Hopefully I get a Reply Thanks 👍

[@T25de]

0:09 is there a fifty 😂

[@TimothyOBrien1958]

In other words, you're not doing this working at Starbucks.

[@bullittstarter4408]

Definitely unfinished! Where’s the rest of the video?!

[@rob379lqz]

I’d buy that for a dollar!🎉

[@SA-xf1eb]

Interesting

[@Jeff_is_not_lonley]

GIVE ME MORE GERMAN ACCENT

[@chrisgilbert2152]

again, i wish you would quit showing this fricken airplane! I dont fly, but damn i love this thing!

[@jams4041]

This dude is a comedian.

[@timarnold9969]

Great info. Thank you.

[@JaguarKwikE]

But no manufacturer makes an airplane with the range to fly from CA to Hawaii. What good are these a/c when there is NO way to get around the world when Russia is shutdown to us because politics got too toxic. The fuel tanks are tiny. I have 12,000 hours on PT-6s with no problems and they are long in the tooth. GE has come out with the Catalyst that is the first clean sheet new design in decades. These turboprops are far better than the jets.

[@reesebarnes7906]

Want to make it even easier ? If you cant afford to pay cash for two airplanes of the type you want to buy, then you cant afford to buy one of them....

[@invisiblerevolution]

Why so strict on plane ENGINE maintenance????? If it breaks down.... just land it, wherever you at & call an UBER driver!

[@grayrabbit2211]

Aircraft engines get run quite differently than car engines. For take-off you're often running wide-open-throttle, and on some engines you keep it there all the way through the climb. Try redlining your car engine for 10 minutes straight and see what happens. Because of this, aircraft engines have the nasty habit of going boom at the worst times, usually take-off. When you're

[@helloeveryone906]

Just need "Money " 😂😮

[@RedArrow73]

373 #/hr

[@SauloMogi]

He talked a lot and didnt say anything. WTF

[@yuglesstube]

My subaru is so cheap!

[@nhojcam]

the costs are absolutely ridiculous! and this is why i am thumbs down on GA.

[@NextGen_Pants]

TBMs are unobtainable for most GA pilots, they're usually for corporate or charter use. GA is expensive but the TBM (or any turbo prop) is not going to be a good example of typical costs.

[@nhojcam]

@@NextGen_Pants, yeah i hear you. i looked at purchasing a 25 year old 172. with hangar and service / annual, the annual operating costs with 150-200 hours of flying was gonna be somewhere in the vicinity of $20k per year. i know, chump change for a lot of people. decided to ditch my flight training after 20 hours or so. GA is a money pit, worse than boats...much worse.

[@grayrabbit2211]

@@nhojcam I find it just the opposite - they're time machines, much better than a boat. I can fly from my home airport to Key West for less than what it costs to drive. I can fly anywhere within 1000 miles for the same cost as the airlines. Add more people to the flight and it's much cheaper. And the time savings can't be underscored enough. Driving across the state for a same day business meeting take 3-4 hours each way by car. It's about 1 hr each way by small plane. 6-8 hours vs 2? This is easy, especially when I'm doing the trip every week. As far as costs go, my flying club costs me $50/mo. $90 per hour the engine is spinning, no charge for days on the ground other than what the FBO wants. Maintenance, annual, hangar, etc, are the club's problem, not mine.

[@pietrooliani3251]

@@nhojcam someone here didn't reserch what he was getting in uh?

[@samsmet3121]

TBM like a small jet, half cost to operate.

[@grayrabbit2211]

I'm surprised the useful load on the TBM is so low... TBM910 is advertised as 1403lbs useful load. A Cirrus SR22 is 1340lbs. Cirrus SR22T is 1250 lbs. Max cruise for the TBM910 is 330kts, SR22T is 213kts. Fuel burn is 56 gal/hr for the TBM, 16.5/hr for the SR22T. Realistically you'll never fly at max speed, so 80% gives us 264 kts and 170 kts, respectively. For flying from MIA to ATL, the TBM would get you there an hour faster and the SR22 would use half as much fuel, adjusted for climbout.

[@kevinbarry71]

Time is money. Jet fuel is cheaper than aviation gasoline. And the TBM is pressurized

[@grayrabbit2211]

@@kevinbarry71 I agree that time is money, and being able to get up into the flight levels certainly is an advantage, but if you're that concerned with 1 hour and are willing to pay for it, a bizjet's the better option. The difference in fuel prices isn't that different in my area, within $0.25 of each other. There's even airports nearby where JetA is more expensive than 100LL.

[@dufonrafal]

The recommended cruise speed for a TBM is 308 kts for a range of 1585nm. That’s fast.

[@kevinbarry71]

@@dufonrafal yes, and of course you can cruise faster. it is far and away superior to anything with pistons. Certainly an SR22

[@adventuresofalphapop]

Sometimes the term "useful load" is misused in marketing and often misunderstood. Conventionally (how I learned it), it is *total* amount of weight you can bring on a completely empty airplane (devoid of both fuel and pax/bags). Fully fueled, a TBM has 2000lbs fuel in the tanks, so if it only had 1400lbs of useful load...that would mean it would be 600lbs overweight with full tanks and no pilot :) I think the TBM you see behind me, my POH says I can have about 800lbs of people and bags with the airplane fully fueled. Given how optimistic marketing can be, I think they are trying to claim that the 910 has the ability to carry 1400lbs *in addition* to having full tanks. Which is VERY good if true. Possible, I guess, in a 910 that didn't have all the options installed...

[@DanFrederiksen]

Why I really don't like turboprops. Those refurb costs should be tried at the hague. They can do time with trump. They are such relatively simple engines and they want half a million to give it a once over. If you are flying on your own and you want to go fast then Lancair IV-P is the only semi reasonable option. As fast as a visionjet. Slightly cheaper. We need light pressurized planes with tiny turbofan jets.

[@skyboys9814]

😂 what's the cost of owning a TBM? Well if you're not doing 7 figure quarterlys , you probably should be happy with something a little smaller, why i probably have more hours on my hang glider, then most TBM owners have on their TBMs 😂

[@HighPowerOptionsTrades]

🏁🏁🏁🏁🏁🏁🏁🏁🏁

[@dgourdine50]

More like 5 gallons to the mile