I received my certified letter from Cirrus today and was very tempted to upgrade but could not justify the added cost. The mission statement approach was right-on. For my family of three and extra $65,300.00 for a like equipped SR-22 (for the most part) just could not be justified. Especially considering 90% of my flying is with no more than 2 people on board. Another consideration for me is added hull insurance, finance charges, and property taxes assessed annually. The extra 20 kts and the Sandel EHSI would be nice but not $65K nice.
I can ony hope that there is a Cirrus version of Beryl D’Shannon out there somewhere who may eventually offer turbo-normalizing or maybe an engine upgrade in the form of an STC for the SR20. The last price I received from BDS to upgrade the engine in a Bonanza was around $40K including the prop.
Still I know what I will be thinking about till October 2, the cut off date for up-grading.
Regards all, m myers
The extra 20 kts and the Sandel EHSI would be nice but not $65K nice.
Not to try to change your mind, because I respct the decision, but don’t forget the GPS Steering (GPSS) on the S-Tec 55, the upgraded Barmin Transponder and the all electric systems. these also add value, but quite frankly don’t add up to $65K by themselves either.
Marty
The extra 20 kts and the Sandel EHSI would be nice but not $65K nice.
Not to try to change your mind, because I respct the decision, but don’t forget the GPS Steering (GPSS) on the S-Tec 55, the upgraded Barmin Transponder and the all electric systems. these also add value, but quite frankly don’t add up to $65K by themselves either.
Marty
Marty: That is all true but all those features can be had on an SR20 with the C package and the GPSS steering as an add on. The choice between SR 20 & SR22 should be based on useage and need. If you do not need the extra weight and climb performance, the SR22 is not worth $65K more just to fly 20 kts faster. You will have 50% more fuel burn for less than 15% increase in speed. This will be an indivudual decision. The “mission” should rule thr roost.
Brian
Brian: Youtr comments are all true with one exception, At a low contract number, I cannot get the Garmin, the Sandel and would have to pay for the Garmin 327 and for it’s instilation. the same for the GPSS. Depending upon others’ contract numbers, this may or may not be true.
As for the rest, I agree totally, and have said so. The speed is the least of the benefits and the cost is significant.
Marty
Marty: That is all true but all those features can be had on an SR20 with the C package and the GPSS steering as an add on. The choice between SR 20 & SR22 should be based on useage and need. If you do not need the extra weight and climb performance, the SR22 is not worth $65K more just to fly 20 kts faster. You will have 50% more fuel burn for less than 15% increase in speed. This will be an indivudual decision. The “mission” should rule thr roost.
Brian
Brian: Youtr comments are all true with one exception, At a low contract number, I cannot get the Garmin, the Sandel and would have to pay for the Garmin 327 and for it’s instilation. the same for the GPSS. Depending upon others’ contract numbers, this may or may not be true.
From m myers
Correct me if I am wrong but am I to assume that someone who signed up for an SR20 in the old Trimble days could upgrade to the SR 22 for the same amount of increase as those who did so recently? If this is so, I can see where the choice between the two could be harder.
For me, my contract base price was $171,300 and included the 430 Garmins. The GPSS would be nice but for someone like myself who learned to fly when VOR’s were hot stuff and straying no more than 1/2 mile off the centerline of an airway was considered good to be able to file /Romeo direct and have an autopilot take me there direct ± a few hundred feet is impressive enough.
By the way my contract price for SR20 with “c” group, leather & 3 blade is $209,900 which includes Garmins.This is some $17,000.00 less than current price excluding later model transponder (for me a transponder doesn’t get me to excited as long as it transponds). The difference between the pre-intro SR22 in the to be current list price is $19,500.00. As a % of sales price, the SR 20 still seems like a better deal, especially considering all of the other pros and cons.
Please correct me on any of this as I would love for someone to twist my arm enough to upgrade.
Regards, m myers
As for the rest, I agree totally, and have said so. The speed is the least of the benefits and the cost is significant.
Marty
Marty: That is all true but all those features can be had on an SR20 with the C package and the GPSS steering as an add on. The choice between SR 20 & SR22 should be based on useage and need. If you do not need the extra weight and climb performance, the SR22 is not worth $65K more just to fly 20 kts faster. You will have 50% more fuel burn for less than 15% increase in speed. This will be an indivudual decision. The “mission” should rule thr roost.
Brian
I knew all along that there was a good reason for living in Maryland, and that placing an order for an SR20 recently was a good thing (#630)!
Brian: Youtr comments are all true with one exception, At a low contract number, I cannot get the Garmin, the Sandel and would have to pay for the Garmin 327 and for it’s instilation. the same for the GPSS. Depending upon others’ contract numbers, this may or may not be true.
As for the rest, I agree totally, and have said so. The speed is the least of the benefits and the cost is significant.
Marty
Marty: That is all true but all those features can be had on an SR20 with the C package and the GPSS steering as an add on. The choice between SR 20 & SR22 should be based on useage and need. If you do not need the extra weight and climb performance, the SR22 is not worth $65K more just to fly 20 kts faster. You will have 50% more fuel burn for less than 15% increase in speed. This will be an indivudual decision. The “mission” should rule thr roost.
Brian
As a % of sales price, the SR 20 still seems like a better deal, especially considering all of the other pros and cons.
Cirrus has been consistent and open in saying that their profit margins will be higher on the 22 than the 20, which is the same as saying that the 20 is a better deal.
This first step toward a diversified Cirrus product line is exactly in parallel with the way other businesses work. Audi has higher margins on the A8 than the A4; the fancy restaurant has higher margins on the $50 bottle of wine than the $15 bottle; there was an interesting recent WSJ article showing that margins on premium-grade gas are WAY higher than for regular.
The trick with any product line is to make the high-end, high-margin items attractive to people who can afford them, while promoting the lower-end, lower-margin ones to build volume and bring people into your tent. I think Alan K said at the “owners’ meeting” in Oshkosh that this was just what Cirrus had in mind: making the 22 attractive enough that people who can afford it will want to get it, while those who buy a 20 will feel they got a lot for their money.
Cirrus has also been consistent in saying that its expansion has been limited only by working capital. The more money that’s coming in, the faster it can build extra production molds and hire and train workers.
Therefore, in a weirdo game-theory way, those who plan to stick with the 20 AND ALSO those who plan to upgrade to the 22, both have an incentive in large numbers of people choosing the 22. The more 22s, the more working capital; the more capital, the faster the production lines can expand.