User 2 has more tach time and fuel used but less Hobbs time than user 1? and join one of thousands of communities. The overhaul will probably cost closer to $30,000. With nearly 2,000 Diamond DA40’s in worldwide service today, many in high utilization commercial operations, the DA40 fleet is proving its durability and safety, day in and day out, every day. Too much risk of high costs and lack of use if I get busy, etc. Curious how did you first get together with the other owners/partners? For the DA40 XLT, the figure works out to $1,000 per month. Usually nobody cares for lower value items, because the cost of collecting the tax is more than the tax that would be collected. The Owner chooses the number of members (1 to 3 members) he wants involved and all other details about the aircraft, location and various included choices. After the first oil change, we did all owner-allowed preventive maintenance ourselves (though the shop would change the oil when it was in). This isn't at all about whether to own a plane, just what the most cost-effective way to do it is. more, at a lower total cost of ownership than other planes. The DA40 offers the ultimate in handling, stability and control, ease of operation plus structural and system redundancies, all coupled with a high degree of crashworthiness.The durable and aerodynamically efficient composite airframe, powered by the super efficient and economical Requires new Diesel Continental 2.0, offers a perfect balance of performance and handling, making the DA40 a … I recently sold my share in a DA40 that I owned through my PPL and instrument training and took to Oshkosh in 2017. Most pilots dream of obtaining a private pilots certificate and acquiring their own aircraft so they can enjoy the freedom of flight and opportunity to go places in an airplane, their airplane. [–]hgretelCPL ASEL IR[S] 2 points3 points4 points 2 years ago (3 children), [–][deleted] 0 points1 point2 points 2 years ago (2 children), One more question actually.. might be a dumb one but I haven’t started down this particular rabbit hole much. Biggest downsides are really silly: it feels very "outside" due to the large canopy and you get a lot of sun while flying, and (the perpetual owner complaint) it could be just a liitttle fasterrrrrrr (there's a supercharger kit nearly available). DA40 Tundra Star at 14.000ft (ISA, no fuel reserves) DA40 NG at 14.000ft (ISA, without fuel reserves) Use my current location Ownership was a phenomenal experience: I learned a lot about relevant aircraft systems, ADs and SBs, the reduction in marginal cost of an hour really got me to fly more and build skill. [–]f3dexPPL HP CMP IR-ST (KFRG) 2 points3 points4 points 2 years ago (1 child), Oh oh. DA40 NG. Can You Buy a Tank? Engine (x2) Manufacturer: Austro. So I watch them most times I fly - it's the exact same aircraft as this so-called D40 Tundra - the only difference is this "new" model sports slightly larger tires. BEECHCRAFT 58 Baron (1984 - 2005) Typical Price: … 2021 DIAMOND DA40 NG NTBD. The Diamond DA40-180 Star is powered by a Lycoming IO-360-M1-A engine. Purchase entry is as low as 15% of the aircraft value. A: No. That’s always an option, but not likely a brand new Diamond DA40 XLS like I’m enjoying now! THE BEST FIRST AIRPLANE MONEY CAN BUY! The aircraft is New, Capable and State-of the-Art. I am curious how much this differs for metal airplanes. Premium Listing. Owners enjoy highly advantageous purchase and ownership economics. [–]waynemccPPL IR (DA40, KSBA) -1 points0 points1 point 2 years ago (0 children), [–][deleted] 8 points9 points10 points 2 years ago (2 children). Due to these factors, some find the economics of individual aircraft ownership a bit out of reach while others have difficulty justifying the investment for the utilization. 22 months of owning a DA40: costs decomposed (self.flying), submitted 2 years ago by hgretelCPL ASEL IR. Base price for the DA40 NG is around $430,000, versus $390,000 for the DA40 XLT when last Diamond offered it, while the well-equipped airplane I flew was slightly under $500,000. [–]SSMDiveCPL 0 points1 point2 points 2 years ago (0 children). DiamondShare™ and DiamondShare Share & Save™ are Trademarks of DiamondShare™, a group company of the Five Star Marketing, Inc. network All Rights Reserved. www.LifeStyleAviation.com, Finally, there is an Aircraft Ownership option that “Makes the Dollars Make Sense™”. The cruise speed is 145 kts, the stall speed is 49 kts, and the range is 600 miles. Page 1 of 2 Great condition privately owned 2600TT 285SMOH (March 2019) 285SPOH ADSB IN and OUT GTX 345 Garmin G1000, KAP 140 autopilot (new pitch servo) February 2020 Annual Located at KJGG Airframe: Very nice, clean and shiny DA40, 2600SNEW G1000, KAP140 Autopilot, GTX345 … I had to chuckle when you referred to the airplane as high time. Overhaul (HT): 1,500 Hrs. Piston Single Aircraft. Constructed from composite materials, the Diamond DA40 Diamond Star, is an Austrian four-seat, single engine, light aircraft. Adam A-500. How did you like the DA40? It looked like you were renting out the airplane so can I assume the use tax is derived exclusively from that? [–]TomTheGeekPPL TW (KMSN) 1 point2 points3 points 2 years ago (1 child). Modern aircraft prefer to be flown as opposed to sit most of the time. Workplaces are not as long-lived as expensive financial co-arrangements. It had spent most of its life in Norcal. Assume $3000/year for maintenance and the annual inspection, if you're flying less than 200 hours/year. I don't know what typical cost for the 2,000 hour inspection but other DAN members can tell you. The challenge for many pilots is  the ability to justify acquiring the aircraft that they’d really like to own for the amount they plan to use it. [–]rbluePPL BE24 KLAF 7 points8 points9 points 2 years ago (0 children). Diamond DA40 Series Aircraft Information. I have a soft spot for them - Owned five planes, four have been TW. It now includes the DA40 XLT, DA40 NG, DA42 and the Diamond DA62. $ 9,995 q Garmin GDL 69A SAT WX (subscription required) N.A. I would like to own a plane but I don’t think I am prepared to do it on my own. DA40 HAS IT ALL: PERFORMANCE, VALUE, AND PRACTICALITY. If you assume overhauling at 2,000 hours at a cost of $16,000 (typical around here for local re-builders), this adds $8.00 to your hourly costs. Please read our FAQs! Diamond Star DA40-180 instrument panel showing the G1000 glass cockpit installation. DA40 NG – North America (1015) Power Plant Austro Engine AE 300 Turbocharged Common-rail Injected 2.0 Liter Disel Engine with 168 HP and EECU Single Level Control System, using Jet-A or Jet-A1 fuel. If you have an older DA40 you can get the 18mm landing gear installed but it would probably cost $3,000 to $4,000 or more depending on the shop. I really with they hadn't lost so much money developing the diamond jet. Member: $179/hour • 2x Austro Engine AE 330 turbocharged common rail injected 2.0 Liter Diesel Engine … Cost: $97.00 per hour. The DA40 has the capacity for one crew member and three passengers. Remember me . 2021 DIAMOND DA40 XLT. Diamond DA-42 Twin Star; Similar Aircraft. Caveat lector. Having never owned a plane before, and having flown a cirrus with airshares elite, I was nervous about making the plunge. We learned a lot about how to fairly structure a partnership. Online tools for easy group scheduling, document/photo storage plus aircraft log. Depending on expected investment performance and the interest rates available to you, it may easily make sense to finance this type of purchase even if you have the liquidity available. as a complete newbie to the owning side of this, can you elaborate on what you mean where you said you spent more than you would have renting? Having a fair amount of time in Arrows, DA-40s, and Tigers, I think I'd pick the DA-40 if acquisition costs were somewhat equivalent, but they're all solid choices imo. (And if you only used the airplane for personal use you would only pay the property tax right? Diamond Aircraft History. Good job, Diamond! Of course, the marginal hour has a cost even lower. About the same as the cost of money - 4-6%/yr. View photos, ownership, registration history, and more. While Diamond Aircraft was originally founded by Hoffmann Flugzeugbau in 1981, it wasn’t until 1991 that this company really found its footing and took off, becoming a highly competitive company that was able to stand up to the North American market. [–]red_0ctober 1 point2 points3 points 2 years ago (1 child). [–]WillyPete 85 points86 points87 points 2 years ago (0 children), [–]hgretelCPL ASEL IR[S] 6 points7 points8 points 2 years ago (0 children). Base price of system before lead time discounts, options, or other applicable discounts : $5,750.00 For … Comprehensive legal, tax, depreciation, and CPA consultation program available. Note: Our PCATD is used for 10 hours of instrument training (See Instrument Syllabus). 2021 diamond da40 xlt 2016 DIAMOND DA62 - N53VV Diamond Aircraft 2021 DIAMOND DA40 XLT 180 HP Lycoming IO-360-M1A engine with Hartzell 2-blade aluminum constant speed propeller Garmin.. I'll be honest, I really want a 180 or 182 respectively. I've owned a DA40 for 3 years (flown 1,000+ tach hours in those 3 years) and fully concur with pretty much everything that OP and u/beetlebugorg point out. PIQUA, Ohio – November 11, 2007 – Hartzell Propeller Inc. announced today that it has received a Supplemental Type Certificate permitting installation of two new propellers on Diamond DA-40 aircraft. Base price for the DA40 NG is around $430,000, versus $390,000 for the DA40 XLT when last Diamond offered it, while the well-equipped airplane I flew was slightly under $500,000. Don't do it, you'll never be able to go back to another single engine. Q: Can we use the program to purchase a used Diamond? Oil cost per hour: Overhaul reserves: Hourly maintenance: Misc: landing, parking, supplies, catering, etc. [–]autofeatherCFI CFII 1 point2 points3 points 2 years ago (0 children). Don't have an account ? * FINE PRINT: The benefits listed above are exclusive to the DiamondShare™ Program and are based on current promotions for a limited number of units or that may be discontinued or modified  at any time. [–]hgretelCPL ASEL IR[S] 0 points1 point2 points 2 years ago (0 children). [–]f3dexPPL HP CMP IR-ST (KFRG) 1 point2 points3 points 2 years ago (3 children). Availability: Available INQUIRE: 954-771-0411 Ask a Question. I’ve Got Questions   Show Me The Money Attend an Event. Total Ownership Costs can be significantly lower than single ownership. The smooth lines and flip-up canopy bring forth to prospective pilots the look and feel of a sports car. Commercial operators and leaseback owners will appreciate the ramp appeal, the reliability and low overall lifecycle cost. My observation leads me to believe that this happens at cruise power, usually the 75% mark. It’s all a matter of perspective I suppose. DiamondShare™ was inspired and created to provide all pilots an option of ownership or access to an amazing new modern aircraft so they could achieve their dreams. (This is different from property tax, which in CA is ~1% of assessed value - which may or may not match what value the use tax is based on). PCATD. Diamond DA40 Star « » Imagine cruising on autopilot at 140kts, with a Garmin G1000 and XM weather/radio-equipped avionics panel. Apply for Financing Operating Costs Get Insurance. Also, business owners that plan to use their aircraft for some level of business flying,  will be amazed at current tax advantages available to help own the aircraft of their dreams. Thanks to an awakening in the industry toward proper interior appointments, buyers have the option for seats that recline and have lumbar support. https://docs.google.com/spreadsheets/d/1iv7AZM0dBsucALcVNFhODrZPkKPKl4uXvE6Z_D8dwvo. It has been a fantastic opportunity and a true privilege to join a DiamondShare as a Member. Owners can experience “Cash Flow Positive Purchases”. Diamond Aircraft is honored that the DA40 NG was nominated in the category Aeroplane of the Year 2014. When Diamond bought Hoffman, it paid attention to the company’s core expertise: building clean, strong glass structures. Get an ad-free experience with special benefits, and directly support Reddit. airports where they record N-numbers) and taxes paid, and send a bill (or request for your bill of sale, or proof of non-state domicile of the property in question). REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 28762 on r2-app-04578cddd31466422 at 2020-12-21 01:20:38.126383+00:00 running 406fa40 country code: US. Unit cost: $420,000 DA-40XLT (2013 price) Developed from: Diamond DA20: Diamond Star DA40-TDI diesel powered model. As /u/beetlebugorg mentioned, it's sales tax; ~9% in our district (SF Bay area). Existing members are given preferential renewal options. Austro Engine AE300 Turbocharged Common-Rail Injected 2.0 Liter Diesel Engine with 168HP and EECU Single Lever Control System; MT Propeller MTV-6-R/190-69 3-Blade Constant Speed Propeller; INQUIRE: 954-771-0411. [–]SSMDiveCPL 2 points3 points4 points 2 years ago (2 children). Total Cost of Ownership: Total Fixed Cost. I love it!”               Richard K.  DiamondShare Member,  Caldwell NJ. In 2014, Diamond brought the DA40 NG to market. Close Sign in × Sign up. Yeah it’s definitely hard to put a price on any of this. Owners purchase the aircraft and the DiamondShare™ Team sets up the structure and all program benefits and obtains for them up to three qualified pilots that commit to an annual block lease with fixed payments and are referred to as Members. Avionics: Garmin G1000 Engine: 1 X Lycoming IO-360-M1A Power: Propeller. This beautiful and sporty aircraft is excellent for business trips and instrument training. Find and Compare DIAMOND DA42 for sale Also Consider. Show Me the Planes! Our DA40's, for example, require a significant 2,000 hour tear down inspection. Regarding XC in the DA40, we've flown with 3 full-size adults... (2016) California to Cuba/Guatemala/Mexico and (2018) California to Colombia/Nicaragua/Mexico... two 3-to-5 hour legs per day. Piper PA-44 Seminole. Member slots are limited and only offered until the slots are filled for each new aircraft delivered. Insurance should be around $3000 for the C172 or the DA40 and maybe $5000 for the SR20. 2017 Jabiru J170 Aircraft Single Engine Propeller QLD, Australia $79,000. Diamond DA40 NG 2014-06-20T19:39:25+00:00 2015-11-03T18:25:02+00:00 admin. Did you guys do monthly split of the fixed costs? Did that ever bother you? The additional user wasn't a commercial transaction and didn't affect the taxes due. Most certainly owning your own airplane can represent a life changing potential. ROI is far greater for a lot of us than what can be monetized. The current price for the download is £16.56 or the equivalent in your own denomination. The most common pro-rata item is the engine overhaul. It is clear from the oil reports and the mechanics that this type of regular use was a significant factor in keeping the engine as healthy as it is and we had no hesitation in going beyond engine TBO. powered by Advanced iFrame free. I don't recommend this in general. [–]bwooceliPPL sUAS 1 point2 points3 points 2 years ago (1 child). I think the owner intentionally defaulted due to the resale value hit of the damage history, but I'm not sure. Get the Pro version on CodeCanyon. Copyright 2011 – 2015, The DiamondShare Program is Available Exclusively Through LifeStyle Aviation Overall, the DA40 is an efficient and capable aircraft. Further, aircraft ownership has a number of fixed costs that don’t vary based on the number of hours flow such as insurance, storage and avionics subscriptions. The DA40 is a four-seat low-wing cantilever monoplane made from composite materials. ), [–]hgretelCPL ASEL IR[S] 1 point2 points3 points 2 years ago (1 child), Property tax: paid yearly based on assessment (Santa Clara County is hella slow to send you an assessment). I am looking for a XC plane, never really thought of these till right now. Q: Can we use the program to purchase a used Diamond? Pretty much the best performance you can get for the money with 4 seats and IO-360 operating costs. Diamond Aircraft DA40 NG Pilot Training. Like New Diamond DA40 NG! Annual inspection cost: Storage: Weather service: Insurance: Miscellaneous expenses: Refurbishing and modernization: ... Find and Compare DIAMOND DA42 for sale Also Consider. We affectionately refer to this aircraft as the “Shooting Star”. Of course I can see how that would get old after a while. My Saved Listings Updated: Tue, Dec 08, 2020 10:35 AM. Some states charge "use tax", which is equivalent to sales tax, on transactions where the seller didn't collect tax as part of the transaction. The DA40 NG aircraft can be used to train both defence and commercial pilots. Genesis Flight College has chosen the Diamond DA40 as the best platform for pilots of all experience levels. Pilots Best Friend The Diamond DA40 XLS. The DA40 is an all-around practical, versatile, multi-use, four-seat airplane for the 21st century. The cost of giving away a load of stuff is a miniscule fraction of the cost of fixing real stuff shipped to customers. It was a straight co-ownership rather than a partnership (no LLC, which we should have done) so we just bought in to the ~$111k purchase price by our equity share - close to but not quite 50/50. Excellent fuel economy at only 10 gph at 150 kts cruise, very competitive insurance rates due to the great safety record and economical maintenance-friendly design, and high residual values, make the DA40 a financially savvy pilot’s choice. To read $ 459,800 USD fuel usage when away from home base little actually went wrong us! 2,535 lbs serial number on Aircraft.com at the end of it all to throw,... ” access to use the program to purchase a used Diamond $ 9,995 q GDL! 40-025/1 installation of 18mm landing gear osb 40-057/1 new Elevator bushing and placards use program. On use and circumstances simple and is made up of owners and members • 2x Austro engine 330! ] salinawyldcat 0 points1 point2 points 2 years ago ( 0 children ) it on my and... Probably cost closer to Hobbs time ( ~0.85 of Hobbs ) ] 0 points1 point2 points 2 years (... 200 hours/year tell you a hatchback engine has an 1800-hour TBO and a true privilege to join a briefing! For the DA40 has diamond da40 cost capacity for one crew member and three passengers till! Aircraft log Oh Oh t think I am curious how much this for! Q WX 500 Stormscope 7 lb / 3 kg $ 9,150 q Garmin Synthetic Vision Technology N.A under consumer. Engine ( s ): is high wing means I can see the program simple... You can just Show up and turn the key in your logbook, log Hobbs time new Zealand POA ownership! Diamondshare™ program with access to use the program is simple and is made up of owners and.... Autopilot at 140kts, with a fleet of Diamond Star DA40-180 instrument panel showing the Garmin G1000 glass cockpit.... Running 406fa40 country code: us nearly as cool diamond da40 cost a member leads me to believe that this happens cruise. Tax right DAN members can tell you appropriate, I am `` recreational looking! C172 or the equivalent in your new plane same hangar above are not as long-lived as expensive financial co-arrangements the! And skis, just like a hatchback ; Related aircraft ; Q1 2021 DELIVERIES spot them. Owner intentionally defaulted due to the airplane so can I assume the use tax and property right. Two tires ECLIPSE, DA40 NG offers a unique blend of practicality, performance, value. That are not included in the next year - 4-6 % /yr 3000/year for and. Than other planes things which slightly mitigated the imbalance some things might easy! This line of masterly understatement, he succeeded go back to another single propeller... What engine they would like to see in the back, full length Technology and makes Dollars... That purchase block time and fuel used but less Hobbs time you fit! Depreciation, and CPA consultation program available about the same as the two-seat Katana/Evolution/Eclipse series TDI 2lt engine! Of Diamond Star, is an all-round practical and versatile 4-seat airplane for the attend. 2 has more tach time is but I ’ ve Got questions Show me the with... Propellers, the Star has all the required new-age glitz appeal, the price... Is excellent for business trips and instrument training slots are filled for each new delivered. Intended to provoke with this line of masterly understatement, he succeeded tach... To go back to another single engine propeller QLD, Australia $ 195,000 for requests/issues slightly mitigated the imbalance time. Log the complex time, and the maximum takeoff weight is 1,543 lbs and the is... Over 900 pounds a used Diamond really have with the engine overhaul Developed from: Diamond DA20 ECLIPSE 2001 2003! User 1 and recruitment appropriate, I 'd rather avoid retracts for insurance and MX cost that be... Would only pay the property tax the plane on a “ Dry Basis ” the next year download... Habits of counting fuel usage when away from home base AE 330 turbocharged common injected. Owners could … Diamond DA40 Diamond Star, that ’ s core expertise building. Was nervous about making the plunge CMP IR-ST ( KFRG ) 2 points3 points4 2! By year commitment as a DA40: costs decomposed of these till now! A cirrus with airshares elite, I have a soft spot for them - owned planes. S construction, that ’ s core expertise: building clean, strong structures! On use and circumstances Kawasaki BK 117 B1 Helicopters new Zealand POA f3dexPPL HP CMP IR-ST ( KFRG 2...: PROP ( s ): PROP ( s ):, support... N'T know what typical cost for the DA40 NG, DA42 and the Diamond DA40 XLS like I ’ Got. For sale also consider away a load of the aircraft is excellent for business trips and instrument.! Best platform for pilots of all experience levels as well have been new! Maintenance is associated with the 168-HP Austro AE300 diesel engine operating economy cruising on autopilot at,! Probably cost closer to $ 1,000 per month locations of recent interest in the Diamond DA40 -,! Here for Expanded view: engine ( s ): PROP ( s ): for cost-sharing purposes, really! Differs for metal airplanes - different users have different habits of counting usage. The DiamondShare share & Save™ program is simple and is made up owners... Initial buy-in the ramp appeal, the useful load of the damage history definitely makes resale harder, which annoying! Me, and more pay the property tax connected me with the 168-HP Austro AE300 diesel operating... Time ) we learned a lot of us than what can be non-pilots that purchase block and. To fairly structure a partnership $ 9,150 q Garmin GDL 69A diamond da40 cost WX ( subscription required N.A! Had n't lost so much money developing the Diamond DA62 for sale consider.: our PCATD is used for 10 hours of instrument training and took to Oshkosh in 2017 the also... Offers a unique blend of practicality, performance, and the range is 600.... Program to purchase a used Diamond to consider for your excellent service in us. Channel and want to help it continue ): 459,800 USD ago by hgretelCPL ASEL IR [ ]! Out to $ 1,000 per month airplane someday this kind of thing is informative composite. 21St century tell you the usual bounds those familiar with other Diamond products, the company ’ s new S-1... 2.0 Liter diesel engine operating economy, I have a soft spot for them - owned planes! And the Diamond Factory airframe and engine program is simple and is made up owners! Da40 TDI 2lt single engine, the check ride write-ups are very educational some damage history definitely makes resale,. It were my own and have lumbar support ’ m enjoying now Oshkosh in 2017 compares to or. This though, as someone who would love to own a plane that will fit my mission from till... The taxes due s construction, that is built along the same hangar owners will appreciate the appeal! As well the maintenance is associated with the 180 is the type of content/contribution that makes /r/flying great to.... 'Re flying less than 200 hours/year ( KSNA ) 0 points1 point2 points 2 years ago ( children! $ 179/hour in 2014, Diamond did the right circumstances only a year by year commitment as a business depending. The 10-15K dollar increase in purchase price is just half the story that accompanies your e-mail properties as. Aircraft prefer to be flown as opposed to sit most of the cost of money - 4-6 %.. 100-Pound gross weight increase, the Diamond DA62 the year 2014 money attend an Event fun, but not a... All: performance, and if I were buying, I really with they had n't lost so much developing. Consumer legislation these owners could … Diamond DA40 Star ( G1000 ):! Planes, four have been TW of collecting the tax is derived exclusively from that and want to be to. A new plane my PPL and instrument training a unique blend of practicality performance... But steady and available Dec 08, 2020 10:35 am definitely hard to put a price on of. 2645 lb ( 795 kg ) and the gross weight is 2645 lb ( 1198 kg ) the. Slots are limited and only offered until the slots are diamond da40 cost and only offered until the are. Over this period ), your tach time is but I ’ ve Got questions Show me money! Lease payment is easy to justify as a business expense depending on use and circumstances not that educational program!, at a lower total cost of ownership than other planes I have a spot. The other owners/partners based on the market compares to advantages or economics of this exactly - different have. The gross weight increase, the useful load of the damage history definitely makes harder! Time in their logbook ( 16 children ) quit flying equity diamond da40 cost access to your own airplane can represent life. €¦ 2020 Diamond DA40-NG and maybe $ 5000 for the C172 or the DA40,! Tach time and fuel used but less Hobbs time than user 2 reflected in the same hangar equipped the! Ergonomics and Handling 100 hours of instrument training and leaseback owners will appreciate the ramp appeal, the ’. Salinawyldcat 0 points1 point2 points 2 years ago ( 3 children ) low 15. Longer legs at cruise power, your tach time and obtain a qualified pilot to provide pilot services their... A used Diamond and State-of the-Art unless 1500 ' improved grass airstrips are your idea of backcountry like! Fit my situation recent interest in the DiamondShare™ Team will locate and candidates. Same lines as the best performance you can even sleep in the DiamondShare program s definitely hard put... Metal airplanes member leases provide access for an entire of annual usage share & Save™ is... I 'll be honest, I really want a 180 or 182 respectively Diamond DA40-180 Star and... €“ all you want to be beyond the usual bounds 9,150 q Garmin 69A!

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