Cirrus SR22 Cost of Ownership! Updated!!!!

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Thinking of buying a Cirrus SR22? Wouldn’t it be helpful to know what it costs to operate a cirrus sr22 from a cirrus owner! In this video I go over all the costs associated with operations. From fuel burn, hangar costs, engine and prop overhaul, annual and more.

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Disclaimer
When purchasing an aircraft there are many factors that you should consider before you make your final decision.
What’s your mission?
How many people will you be taking?
How far will you be going?
How much luggage or cargo will you be taking?
What’s your budget? Not only for the purchase but the cost of ownership?
Will you be flying it or will you have a professional pilot?

Ownership costs can vary widely depending on factors like location, owner pilot rating and experience, hours flown in a given year and on and on.

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Great explanation and thanks for the detailed cost breakdown... and thanks for shattering my dream of owning an SR22 ...

breyton
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This has been a helpful cost breakdown. Beginning to think about getting my own bird since renting is really beginning to suck! Thanks again.

RusscanFLY
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I just received 2 estimates to repack the CAPS ( parachute) in the last month (January of 23). Both estimates came in at just over 20k to have that work done. You also need to order the parts to do that repack at least 6 months ahead of due date for the repack. Just an FYI. Thanks for the video. 👍

rickscents
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I’ve never flown a Cirrus but I can’t wait to get into one

bernardanderson
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Great video, thank you for making this.

I own a 182RG, older aircraft, performance is not as good as the Cirrus. The only thing I disagree with in this video is the engine overhaul cost. You quoted $33k, my guess is that an overhaul for this engine is in the $40-45k range.

Best wishes, safe flying.

anthonymadonia
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A good review, easy to listen to and pertinent information. Although in my experience your numbers are on the low side. Every other annual will be a bit higher due additional checks ie transponder, pitot static checks etc. My experience with annuals they can easily run 8, 000 or more. But like you said things can and vary greatly. I think your numbers are a good starting point. Also expect a top overhaul between 800 and 1200 hours, I see that quite frequently in the larger Continental, If the engine is not handled properly it will cost you. The SR22 has excellent ramp appeal, and it flies reasonably well. A high performance plane that sits right between say a C172 and your higher end aircraft like a Bonanza or a Malibu. The avidyne panels with the stec autopilots work well enough to provide a very capable single IFR platform. The G1000’s have turned out to be a better fit and over the years have outshined Avidyne. The G6 perspective plus is a nice panel. I really like the yaw damp option, it has given the SR a much better ride. A couple things I wished it had, I want a prop lever and manual trim. The cabin is a little tight, I have to recline the seat to keep my head off the ceiling. The seats feels like sitting on a brick or maybe an aluminum honey comb block, sheep skins really help. :) Overall the SR is a solid safe high performance, IFR platform. If you work out of high hot airports the turbochargers are a must. The SR’s have made a solid impact in the flying world and will be around for a long time. I look forward to more videos.

justusetpecator
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So... Great video. Do you like the SR22? Any major issues with it outside of the normal Wear and tear?

Thank!!

jerrystpierreofficial
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It would be interesting if these cost of ownership videos accounted for the time value of money. If you're flying 100 hours per year it is 20 years until overhaul. At any rate of return better than inflation, the hourly contribution to these funds could be significantly less than what it would be assuming the money sits under the mattress from that hour until overhaul.

Youtuber
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Thanks for numbers update, a visual recap like a spreadsheet would have helped, thank you for content

Greenlid
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regarding composite aircraft not being hangered there are plenty of diamond da-20/40 trainers in flight schools that sit outside 100% without issue.

jonasbaine
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Thanks for the well explained cost review, but spreadsheet would be more appreciated.

Cherfield-D-Blessedman
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Great video! So, my question is, what is the typical cost to pay the bank back monthly?

SHW
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I think I've heard that the cost of "airbag" overhaul (replacement?) has recently declined noticeably. Which is shocking in this business.

jimmiller
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Can you do a comparison of these numbers with the ones of Diamond DA40 NG?
Thanks!

mohammadbarani
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Excellent video. Could you compare and aircraft flight to a destination by car that is about 250km away. I am interested who would win, the person in the car, or the person in the plane.

If they both left home at the same time. So the vehicle person would just drive the 250km. The person in the plane would need travel to the airport, the preflight inspections, the take-off clearance and taxi, then the flight, landing clearance, post flight inspections, putting the aircraft away, and then travel by taxi to the final designation. Assume all regional airports. And all traffic speed limits are adhered to.

Who do you think will win, and at what travel distance is the crossover where the plane would beat a car in a doorstep to doorstep race

alistairsteer-kemp
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congrats ! what is the current lead time for a new Cirrus SR22 ?

vegasrobaina
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@7:42 you say that your annuals cost you $5000 USD an hour. Is that a mistake? Sounds like jet pricing.

ElvisRandomVideos
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And that’s for the base model. The SR22TS is way more, but if you can find a way to charter it then you can offset those costs. Cheaper to rent.

reeltridesS
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I don't understand the rationale of having a parachute. If you have the altitude to use the parachute then you have the altitude to do a power off landing. Am I wrong? Also, parachute landings can cause back injury .

prayingpilot
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Can I get Cirrus sr 22 for rant for a tour around the world ?

sulaimanalmufargi