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NickG

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NickG last won the day on September 11 2024

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About NickG

  • Birthday March 2

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  • Website URL
    www.ovationaviationgroup.com

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  • Gender
    Male
  • Location
    Las Vegas
  • Reg #
    N916MP
  • Model
    M20R
  • Base
    KHND

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  1. I lost a mag in flight 3 weeks ago. RPM drop was fine on the run up, but I wasn’t looking for a nice even EGT rise when on single mag. If I had I would have avoided a stressful return to the nearest airport. I wasn’t looking at the EGTs at all during the mag check, just the drop. Won’t make that mistake again. luckily landed ok and mags were sent out to Aero Accessories who overhauled them for $750 a piece with a 2 day turnaround. Plane running beautifully now!
  2. Correct. I call it "aspiration pricing" - eg "I dont really want to sell buit if I could get XYZ$ for it - i'll sell it!". Also, airplane owners are oftentimes emotionally attached to their aircraft and unrealsitically value things like avionics and other upgrades.
  3. Still slow overall for most experimentals. Sling Tsi and High Wing is slightly different due to such little inventory hitting the market. Well equipped RV10's for example would have sold in days last year and now sit for quite a while.
  4. Well, @Ryan ORLyou pretty much nailed it. I sell a lot of planes and represent both buyers and sellers. Bonanzas sell well and command a premium, any entry level Piper or Cessna sells quickly (provided its priced reasonably). Some models of Cirrus are very active still (SR-20 is NOT an easy sell right now). All models of Mooney took a 5-20k valuation drop on Vref's last quarter update, depending on the model, and airframe year. I'm talking about a valuation decrease to the BASE price, so engine and airframe hours, avionics, options etc won't change the valuation drop. Mooneys are a special type of aircraft. Many buyers believe the nonsense of too tight, too difficult to land etc etc but at the end of the day, the active fleet of Mooneys is relatively small in comparison to other aircraft and specialty parts availability is an issue. This is also being reflected in insurance prices for Mooneys. IMO there are some mouthwateringly great deals to be had on Mooneys right now. I just put a client into a stunning 252 for a fraction of the price of any other similarly performing aircraft (and of course, there aren't that many of those lol). Ditto with Ovations, Bravos J's and the short bodies. Look at how much Acclaim prices have dropped recently... Other models selling slowly right now - Ceesna/Columbia 400/TTX, High performance experimentals like Lancairs, Turbo Saratogas etc. Cherokee 6's are still very popluar due to their unique mission profile but while they are selling, there has certainly been a downward price adjustment. Buyers just arent' buying right now. The COVID boom is 100% over. From a personal standpoint, it doesnt matter to me becasue I'm not planning on selling my Ovation - greatest plane EVER!!!!
  5. Just saw Rush in Dallas last week - Fantastic show.
  6. Yup. Getting the same thing as well.
  7. As a broker, I wholeheartedly agree with this resposne. Now is not a good time to sell. The market is soft and slow. In fact, despite many sellers making radical price adjustements, buyers are still scarce. Some airframes fare better than others but the Bravos are not one of those. I'd wait a bit and see how the market develops over the next 6-12 months. If you HAVE to sell (which doesn't seem to be the case) thats one thing, but if its not time sensitive, I'd give the market a bit of time. Obviosuly, there IS a price that the airplane will sell, just not optimal. Of course, there are plenty of brokers that wil tell you "...but I'm selling 5 Bravos a month etc etc" believe me, thats nonsense. Best of luck - Nick
  8. Yes, I think if you look at it overall, its a more efficient alternative. I'll have to read up and see if the IFR GPS is as full features as a 650 or 750 - does it have VNAV for example? Seems like a nice product - have to examine carefully to see if itw worthwhile upgrading my G3X Touch or not.
  9. Don't sweat it. I know the windows are small but just get there in the approximate time. Its not as though there's some monitoring authority that will refuse your landing - its non towered. They just have the PPR to try to control traffic in/ou as best they can because a large portion of the taxiway is closed.
  10. Absolutely, 100% agree!!!!
  11. I have Cies Senders on my Ovation. I like them and appreciate the accuracy. The previous owner had them installed - I'm not sure I would have made the investment if I were footing the bill. Regardless, I do like them. I used to own a Cherokee 235 with 4 tanks and original fuel gauges. Would have really appreciated Cies Senders on that bird. Lots of accidents due to people not managing their tanks.
  12. the 1100LB is of course before TKS fluid.
  13. That’s a good assumption. Maybe tack on one more AMU for 7k
  14. I have a 1994 Ovation - fully upgraded with the 310HP STC, TKS and 1100lb Useful Load,. I Love it. The only parts I've had difficulty sourcing were the wing sight fuel gauges. Its a more complex plane than your C and will most certianly cost more in maintenance. The IO550 is widely used so no issues there.
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