3 year old SR20 - rental rate

I'm completing my SR20 transition training. The flight school offers 2 SR20's both 2-3 years old for a rate of $375/hr wet...just wanted to know what others are paying, does this seem like a good price?

 

Not to many SR20s for rent. I recall 165 dry at Raleigh Flying Club, so that's a bit high.

 

That’s pretty good from what I’ve seen. I plan to rent from the first company while I build time after I get my PPL. I’m renting from the second one on a discovery flight with my wife and son next month.

https://flywithia.com/n248js-details/ -> 2020 SR20 G6 is $315/hr + $90/hr consumables in Colorado
https://www.brbaviation.com/fleet -> 2018 SR20 G6 is $310/hr + $120/hr consumables in California

 

To reduce eventual insurance rates and build proficiency. Getting insured on Cirrus is very experience without TIT (still is expensive, but it helps). I hope to buy a Cirrus next year.

 

Closest place to rent a Cirrus to me, fwiw. Not sure what membership entails.

 

Thank you....this reminds me how much I'm saving with my 54 yo Bonanza.

 

Here is a SR22 Turbo for 386 an hour https://www.illinoisaviation.com/product/cirrus-g3-sr-22-turbo/
Travel Express Aviation has a SR20 at DPA for rent, but no price given.

 

Central Texas SR2x fbo rates. 340/hr & up.

 

I’d be time building in a C-150 at those rates.

 

I think @kaiser rents that one occasionally

 

I rent an SR22 G3 turbo normalized… I want to say 380 Hobbs

 

FBO or club?

 

it’s this one at Illinois Aviation. It did recently get a new engine, turbos, and paint.


Edit: honestly I don’t rent it as much anymore because I get a late 90s Saratoga (25-30 kts slower but hauls a lot more) for $100 less per hour.

 

I rent from them, and I have had good experiences with the instructors and the planes. Both G6's, the white one is 2021 and the Volt Carbon is a 2020.

 

I'd be time building in a paraglider at those rates.

 

What's the deal on the membership thing?

 

So they have three membership levels, None (you pay full price), Basic ($1,250 a year and you about a 30% discount) for $250/mo., and Executive ($2,500 with a bit higher wet discount rate) for $500/mo.

Steep, but you're flying brand new planes and availability is good at least.

 

That SR20 overnight-charge math makes my soul hurt.

 

Here's a one-year-old SR20 renting for $350 wet in the San Francisco area:

https://9nbab9.a2cdn1.secureserver.net/wp-content/uploads/SpecSheetSN977JW.pdf

 

Figure out what it would cost to fly the one you’re planning to buy, and see how it compares.

 

I’m assuming that’s a while ago, been some significant inflation since then, especially airplane prices and insurance rates.

 

Oh nice, that's a West Valley FC plane, I think I've seen it out and about.

https://wvfc.org/aircraft-rentals/advanced-aircraft/

Not sure if a club plane is apples-to-apples for comparison here what with dues and currency reqs, but probably close enough at this rental level.

 

That's a little rich.. but if you plan on buying one and this is your only one available then I agree it's better to get proficient in what you plan to buy

But point / counterpoint.. why not just buy it now and get proficient in the plane you will actually own. You might be able to get insurance with some kind of stipulation that you will be receiving instruction in it with an approved CSIP, etc