The REAL Reasons Why Our Cirrus SR20 Was So CHEAP + Purchase Price Reveal!
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- Опубліковано 4 сер 2023
- Today we explain how much we paid for the cheapest Cirrus SR20 in the world. We also explain why it was so cheap and what all is wrong with it. Blown engine? Accident history? Parachute status? There is a lot to discuss after we bought this plane sight unseen without any prebuy inspections. We fly it home the second half of the 1500 miles in this video as well. Is this the best piston trainer airplane?
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PLEASE NOTE: We are aviation enthusiasts. These videos are for entertainment purposes only. We are NOT qualified to give flying instruction. All of our videos, including this one, have been significantly edited down from the original full length raw footage. Many radio calls, checklist steps, and other procedures have been omitted to keep the videos a reasonable viewing length. Please speak to a CFI with any flying questions you may have.
You have a very good engine on your hands. An original engine that has never needed attention means it was properly operated always and probably with regular intervals and operated either rich of peak. If I were you, I would learn from the original owner, who I am assuming put the majority of the hours on the engine, what characteristics they looked for in temperatures during operation and mimic those. If you change the way that engine is used to being operated, you will stir the dragon of fate. Many engines go over TBO, you only hear about the failures but many survive past it in the wild.
I learned in real estate, you make money when you buy, not when you sell. The same applies to planes. Buy at the right price and you have locked in intrinsic and extrinsic value when the time comes to sell it down the road. Never buy assuming it will go up later and that the price is kind of irrelevant at the current moment.
Listen to this guy - he engines.
Nicely said! Agree 1000%
Dont you mean lean of peak?
@@francescaf7967 Rich or lean of peak I meant to write. The point is, duplicate the behavior the previous owner exercised.
I always get a kick out of it when Owen talks "pilot talk". I have no idea what the heck he's saying, but I'm still impressed. I've been a big fan of JR Garage for a few years and didn't think I'd enjoy JR Aviation as much. I was wrong. I love it! I wish I was younger, because after watching your videos, I've had the urge to learn to fly. But a bit late in life as I'm 71yo. How did that happen so fast?! 😮 Great job Jeffrey and Christian and Owen! Thanks! 😉
This is legitimately amazing!!! I love seeing all of this progress going on and getting better and better.
Next video: "How we saved $25k repacking the chute ourselves!!"
Hahah if only we could 😂
My kid is an FAA certified mechanic. Maybe he should pick up packing Cirrus chutes as a side hustle.
Lol. Owner assisted rocket science.
@@JRAviationDo you have to have the parachute? Local cirrus accident seemed to be worse because of the parachute deployment.
@@grant092987 No one has died in a Cirrus when CAPS deployed above 1,000' AGL and below Vne (200 kts indicated)
Dear Bros,
There always is a reason for a low price in second hand business no matter what the product is.
I still think you made a good deal with this plane because the price for getting an overhaul for the engine never will meet the price difference to the same type of plane where the overhaul has been done already. Look forward to your next vlog and send you love from the Netherlands
10:14 OMG A SUPER GUPPY! The only one still flying!
The previous owner should be commended for taking excellent care of his engine to make it to 2,500 hrs and counting. Will it make it to 3,000 hrs?
You should do a video explaining why you guys aren’t licensed pilots yet!
You guys are very knowledgeable and able to take the risk. The engine and repack are not small items but you were confident enough to have 3 souls on board for the maiden flight home.
Good luck with the aircraft and it as a good video.
I think you nailed the price, got a opportunity to fix everything and have 5%-10% profit on your hands. The ask for a ready to go sr20 1gen has increased to around 219k.
Thanks for making these videos.
We had a G1 SR20 for a while, and it was a great airplane that did everything we asked of it! I do miss the comfort of the Cirrus on cross country flights, but the Wagon is just more practical for our needs at the moment. 🍻
It’ll be a great day when JR posts
You guys are really fun and interesting to watch.
Always good to watch
Great video as always
Keep the videos coming y’all I love the content let’s see some more of the bonanza you and your team just rebuilt she’s a beautiful bird 🦅
I started looking through a couple more of your videos, pretty cools stuff! I'm looking forward to more, but I NEED the next video to be: HOW?! How do you afford this? Such radness must be something you can teach others. Looking forward to more on this SR20.
They have another bigger channel for exotic cars (JR garage) which probably feeds the capital a fair bit.... Next channel, JR finance maybe?! 😂
It sounds like a great little plane and good value for what it offers. Hope ya have heaps of fun flying it.
Great stuff .. Owen he’s is good at what he does 👍
CONGRATULATIONS ON THE AWESOME DEAL!!! 🥳🥳🥳 My suggestion? Just delete all the comments from the trolls. They're just miserable, unhappy people. And jealous, too.
Enjoy the Cirrus! What an incredible plane to learn how to fly in😁😁😁 But maybe more fun when it's less than 100 degrees😉
Congrats….like seeing you guys chasing your dreams!!!! Oh yea, when are you getting your pilots licenses?
Sounds like a well thought out decision on the purchase. A similar plane with a low time engine is no more predictable than what you bought. 20:18
Great video. Is the young man in the right seat ever going to get his pilot’s license?
I highly doubt it.
Crazy like a fox! Well done. It might be better to have a mechanic price the upcoming major before you have any issues rather than after observing that a significant issue has developed.
I have to give you two credit, I don’t know if I could do what you guys do with flipping cars and airplanes! Well done and I look forward to you both getting your PPL.
It’s a lot of fun (and stress) but making fun content is the best part of this!
I doubt they will ever get licensed.
@@danblumel Why do you say that?
@@frcgfd107 It is easy when you didnt have to start from scratch and had cash flow from family.
I think you got a good buy. As you said, why buy a 60 year old plane for similar money, where you could be looking at major corrosion issues. Keep the great content coming!
I would order a replacement engine right away. Wait times are 6+ months in some cases, it is worth it to just do an overhaul rather than risk being down for a very long time.
Or risk being down when you wanna be up
@@toddsimone7182true that
I'd second this. Order the new engine now, and sell your old one onto an overhaul station.
I enjoyed your part 1/2 videos.
Great buy. From the video the interior and exterior look well taken care of, and the ADSB and upgraded avionics add to the value. Even needing an engine right away and the parachute, you're still way under what you could sell it for especially when you can advertise 'Very low time engine and lots of years left on the parachute"
Wow you kids got some awesome business chops to be able to buy such expensive aircraft at your young ages, not to even mention the absurd cost of primary training in this day and age. Your very blessed. Well done guys 👏👏👏👏👏
Keep up the good work.
That fatty that you referred to as a Beluga was a Super Guppy. This is not the same one, but since there were only a few built, it is very similar to the one that I saw years and years ago. In 1968, I was a commercial flight student at Santa Barbara Aviation. The flight school was located across the field from Aero Spacelines where Jack Conroy was developing/building the Super Guppy. One day, I watched the Super Guppy do touch and goes for hours and hours. It may have been doing those for several days when I noticed that it was likely doing a low approach. Nope. It was doing a gear up landing.
A few months after the Super Guppy slid down the runway with the wheels still in the wells, I was working at a flight school in Midland, TX. There was a DC-3 stored in our main hangar. When I walked into the school one day, I was asked if I could spot as the ramper got it out for Mr. Conroy. While the ramper was moving the airplane out onto the line, I asked the man if he was "the" Mr. Conroy. He sort of laughed and said that he was one of several, but confirmed that he was the owner of Aero Spacelines. After I told him that I'd been a student at Santa Barbara aviation, he invited me to fly with him as he took the DC-3 back to SBA. Of course, I accepted.
During the flight from Midland to Santa Barbara, I mentioned that I was there when the Super Guppy landed with the gear up.
Mr. Conroy had been aboard every one of those flights that I saw when the Super Guppy was doing touch and goes. He was in the jump seat and every FAA representative on the west coast that could justify "testing" the flight characteristics of the Super Guppy was flying a few times around the pattern... doing so while Jack watched them spend his money by the basket full. When he saw that the gear was still up on that one approach, he did a quick mental calculation and decided that it was going to be less expensive to let them grind off some aluminum than it was to let them keep flying until each FAA rep got tired of playing. He just tightened his seat built and waited until the Super Guppy slid to a stop.
You guys are putting out some great videos so keep up the good work. Thanks.
I live fairly close to Johnson Space Center and see a super guppy every once in a while come into Ellington Field. Pretty awesome to see and they have a very distinct sound. I saw one about two days ago.
You can only find gems like this comment on aviation videos. Well done sir and quite fascinating.
I see one of the guppys every now and again when I’m working on the base at Kennedy Space Center. Such an odd looking aircraft but it’s purpose as an oversized load transport for rocket components is rather cool.
New to the channel. Do the 2 guys at the beginning ever pilot the plane?
Nope they've been buying planes for training, but have their friend fly them everywhere before selling it. Wait for next month when they sell this cirrus
Love your approach in business W/R to Airplanes/Finance. This plane is very well worth it. Engine is doing great and very likely will provide years of flying by just following conservative maintenance regimen. Keep on FLYING!!!
10:11 Supper Guppy! Saw it land and take off at Oshkosh
Awesome vid
Thanks for sharing
I think it was a great buy at that price!!! You did good
I would prefer to purchase a mostly run-out engine. That way, I can have it overhauled or have a factory remanufactured engine installed to my satisfaction. I'll know exactly what was done. I've seen a few engines with minimalist overhauls in aircraft being sold as low time SMOH, demanding top dollar.
This comment right here. Get the high time engine in a low squak airframe and have it overhauled your way.
well they didnt buy a rebuild. they got the one that needs one, with the bonus that it still goes great...
Yes, you guys did the right thing. 112,000 is a good buy. Even after you spend the money to bring it up to current.
do the updates including an engine overhaul, and flip it. You'd still be way ahead.
You guys obviously knew what you were getting into, so sounds like a good buy to me.
On a side note: Do they replace the parachute material or just repack? 20 year old parachute didn't sound like a good idea.
The whole thing is replaced.
@@cypilotiowan4761 repack had me confused. Thanks
wow $20k to have something replaced you're not likely to use!@@cypilotiowan4761
That loose IPad in the cockpit gives me the creeps… a wrong move and it can fly in the pedals. It happened already.
You survived a landing at El Paso! I'm impressed!
Love the Gulfstream hat, Owen! Best businesses jets flying.
Hey welcome to Texas. I live about 60 miles north of Odessa. Sorry about the winds but that’s what us Texas pilots have to deal with!
Made similar trip from Austin to Sacramento in a 1968 Cessna Cardinal I bought. Right main brake failed on landing at El Paso. Stops at Albuquerque, Sky Harbor, Bakersfield, then Lincoln just north of Sacramento.
I remember doing my 2nd Solo Nav getting slammed by a 50 knt headwind and had to revised my SAR time 3 times.
Hurray ….long time no see …hi Christian 😍
10:44 Rain in SDL?! That's rare.
Next time you're westbound thru TX, instead of ELP for a fuel stop consider KLRU (Las Cruces NM) where you can get some really good food at "Jim Bob's BBQ" located right on the flightline. Been there done that several times.
subbed.... Good to see GenZers Flying
I love the jr aviation videos
Awesome deal…what forum are we talking about??? I’m going to be in the market for an airplane soon… thanks
Um there is a reason that the engine manufacturer recommends a TBO. They factor in a safety level to keep you safe for a reason. You cant pull over if the engine fails in flight ! Recommendation = get it overhauled. Interesting on the BRS as well. Its there to save your lives and it has done so a number of times on the Cirrus for pilots. Don’t try and save a buck on safety related items. Skip the cabin tidy up and spend on the stuff that prevents an accident or subsequently saves your lives.
As a non-pilot who has never owned anything more expensive than a well-used (3rd owner) car, you got a deal. I would do what the other commenter said and find out how this engine was run and run it the same. The plane is a gem imho.
I literally fly my Cessna out of Austin Executive. Hope you had a good time here in Texas 😎
I think it was a Nice deal and u have oppornity to create content with it good Luck
That’s a good deal guys. Great looking aircraft!
The look on Jeff's face when he was aked the get the IFR clearance.😂😂😂😂 I know the feeling!! I remember my reading back my first IFR clearance with ny instructor...u talkin crazy butterflies in the stomach! We were at a airport where the controllers were known for grilling pilots for long or improper two way communications!! It was tons of fun anyway!!
Well done both with the video and the purchase. Just out of curiosity what does an engine rebuild cost?
20-30k
50k
So cool you got to see a super guppy.
$112K as is, yes. Great find !!!
So is the only reason for the schreadar valve to purge oil out of the filter and create an extra step? Why can’t you just punch a couple holes in the filter and let it drain? Check valves on both sides of the filter?
Good deal!! Enjoy it!
What site do you use to search for planes?
Oh yeah...I would have jumped on that smoking deal in a heart beat...I love those SR20....!!!
Smart move dude. Great deal
The football field next odessa airport. Was the field on Friday night lights, with Tim Mcgraw.
Definitely worth it. Especially with all the specs
Being that close to the Super Guppy in El Paso is wild isn’t it? When I was a kid that thing used to fly over my house next to NASA all the time. I was getting gas at ELP a few years ago in my Mooney and my friends were laughing at me getting so excited seeing it up close!
Curious, why the five second count to full throttle on takeoff?
You made the right choice.
I am interested in you tracking the various fuel costs across the country. Any chance you can talk about the landing fees at these airports ? Stay passionate and true. Hello from London, UK : - )
Good afternoon, at 2:30 minutes you are taking notes on a tablet, can you please tell me which tablet and what application it is, thank you very much, continue with your videos, I will see you some day!
No question the Parachute and the Engine time were BIG factors in the price paid. Still if you've got the cubic dollars to take care of those things and any other squawks, it should make a great trainer indeed. Sign me up. Short flight from SDL to CGZ
Good luck!
Runout aircraft can be great deals, if you are able to accept the downtime. For private owners with a single aircraft that can be a huge downer as you're often still stuck with the fixed expenses of owning an aircraft, but without an aircraft to fly for maybe 6 months. For deal-savvy, multi-aircraft owners like you, blaze ahead towards glory.
There's a great book that talks about airplane engines. Mike Busch on Engines: “The risk of engine failure is greatest when your engine is young, NOT when it’s old. You should worry more about pediatrics than geriatrics.” -Mike Busch A&P/IA
You guy flew to my home town in this one KODO.
I flew to San Antonio in a Mooney 252 right along the Mexico Border, There was a radar balloon on a cable at 15,000 feet. It was marked on a chart. I just wondered if it was still there.
Sometimes you can do your homework, but an element of risk is always there! Like you mentioned, to get a great deal done fast, you need to act on it! It's not your first plane, so you know you need Deeper than average pockets to maintain something like this! Life gives us chances, if you never take a chance, you don't really have a Life! 🚗 🛫 👍
Brilliant
That "weird" Beluga is what got us to the moon :-)
How much is an engine replacement for this aircraft??
Well sir the previous owner of the SR20 "had an ace up his sleeve" with the plane being in current annual inspection.
🌏🇭🇲
No punt or meaness intended just curious I think it's JR the one in the front seat white jacket (sorry new to the channel) but does he have a pilots license or looking to be come one ?
I bought and sold turbo Moonies, (still have one) and Cessna singles up to T-210's, and when I put the math in it, doesn't appear to pencil out much profit. Lessee... $50-65k for an Air Power IO360 reman installed, $20-35k into a chute repack and $5k+/- for the odds and ends... plus quite a bit of downtime, Many Continental IO360s are out of stock. Might have to sit on it for a while until the market catches up to the asking price you'll need to get. (Some of the higher prices are in Europe, but you'll factor in $10k+ to ferry to US.)
Isnt Scotsdale where Big Erm flys his Cirrus out of ?
Well done guys! We office at KSDL….Would be great to meet sometime and discuss “Birds & Hangars”…..
Get your name on the list for a Deltahawk engine when they are available. Perfect for SR 20, Jet fuel baby!!!
every day of the week!
I think it was a pretty good buy.
lucky you made it home, i woulda shipped it
Can you do a video regarding Mike Patey’s video regarding his engine loss? He is an awesome person for the Aviation community! IMHO this was a Scary situation to be in!!
10:17
Oooohh, a Super Guppy,
I’d personally say a 7/10 rarity😍
(The new and updated Airbus Beluga is its replacement)
Life is a risk..sometimes you take that risk and it pays off. You guys did great with this one! Keep it up...
I'm A&P I think you got a good deal, sure it might need an over haul later until then have fun and keep and eye on the engine oil consumption and change it regularly . later
10:16 Thats funny, thats the exact same super guppy that was at oshkosh this year. Its flown by nasa specifically to be able to carry outsized cargo that wont fit on any other plane in the world
Woah! Small world
I work for an operation where we run lycoming engines to 4000 before overhaul. I wouldn’t stress about the high time engine too much. But I saw something in this video that is a #1 issue that over time results with needing top overhauls done. Pilots all love arguing about it but LEAN OF PEAK. If my opinion matters to anyone I just want to say do not fly lean of peak. This creates excess heat in the cylinders and reduces their life span. Fly rich of peak and build oil temp before run ups. Then we can all have fun flying around in our high time engines.
I thought so too until I read Mike Busch's books.
Did you do a pre-buy, the most important thing is the camshaft and those are easy to inspect also if the lifters are spoiled they could be replaced and I think they're only 150 a piece. Continental has a service bolten on that if you follow that you might be able to get another thousand hours out of the engine. TBO is only a recommendation it's not required under part 91.
I’m with Owen. Couldn’t give me a cirrus for free. 😎