If you have browsed the market for used piston aircraft lately, you might have noticed a lot of Cirrus SR-series aircraft for sale. And if you have ever wanted to own a Cirrus but could not quite make economic sense of the purchase, it might be time for another look.
The SR22, long an object of desire for private pilots, has been on the market for 25 years, giving depreciation plenty of time to chip away at prices. Some of the oldest examples—the first-generation, or G1 models built from around 2001 to 2003—are now priced at or near the level of other high-performance piston singles. Indeed, I have seen Beechcraft Bonanzas closer to 50 years old priced higher than early SR22s.