I flew the DA62 today.

Any DA62 related topics

Moderators: Rick, Lance Murray

User avatar
Lance Murray
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Lance
Aircraft: DA40

Posts: 889
Joined: Tue Jul 06, 2010 11:25 pm
Has thanked: 2 times
Been thanked: 28 times

I flew the DA62 today.

Postby Lance Murray » Sun Feb 21, 2016 6:18 am

I took a demo flight in the DA62 today. Absolutely beautiful, efficient, easy to fly, spacious, well built and 1.3Million.

It really did seem like an amazing little airplane and a solid modern platform. The price is truly out of my range but for the right buyer it appears to be a great airplane.
User avatar
Tommy
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Tommy
Aircraft: DA40
Registration: N591CA
Airport: KCGF

Posts: 702
Joined: Sat Aug 28, 2010 10:48 am
Has thanked: 2 times
Been thanked: 20 times

Re: I flew the DA62 today.

Postby Tommy » Sun Feb 21, 2016 10:43 am

It's not just the 1.3 that is hard to swallow, that wing span is going to command a premium everywhere you go (hangar, ramp) and the insurance premium is a given. But, it is a beautiful airplane and I'm sure it fly's true to Diamond form.
User avatar
Lance Murray
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Lance
Aircraft: DA40

Posts: 889
Joined: Tue Jul 06, 2010 11:25 pm
Has thanked: 2 times
Been thanked: 28 times

Re: I flew the DA62 today.

Postby Lance Murray » Sun Feb 21, 2016 4:47 pm

Yes I thought the same thing about the wing span and hangar.
User avatar
Colin
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Colin
Aircraft: DA42
Registration: N972RD
Airport: KSMO

Posts: 947
Joined: Sat Aug 21, 2010 8:37 pm
Has thanked: 55 times
Been thanked: 80 times

Re: I flew the DA62 today.

Postby Colin » Sun Feb 21, 2016 7:45 pm

Has anyone gotten an insurance quote? It is only 30% more than a DA42, right?

I think it would fit on the twin tie downs at KSMO, which are $165 a month.
Colin Summers, PP Multi-Engine IFR, ~2,300hrs
colin@mightycheese.com
http://www.flyingsummers.com
N972RD DA42 G1000 2.0 s/n 42.AC100
N971RD DA40 G1000 s/n 40.508 (traded)
Antoine
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Antoine
Aircraft: OTHER
Registration: N121AG
Airport: LSGG

Posts: 1808
Joined: Fri Oct 15, 2010 11:00 pm
Has thanked: 55 times
Been thanked: 114 times

Re: I flew the DA62 today.

Postby Antoine » Sun Feb 21, 2016 11:48 pm

Would you really leave a brand new 1.3 million airplane on a tie down?!

My DA40 spent 2 years out on the tarmac and I remember this phone call (true story!)

AFIS employee:
"Hi Antoine are you flying your airplane right now"?
Me:
"No. Why?"
AFIS employee:
"Ah then it's flying without you."
:shock:
User avatar
CFIDave
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Dave
Aircraft: DA62
Registration: N62DV
Airport: KJYO

Posts: 1174
Joined: Wed Nov 07, 2012 3:40 pm
Has thanked: 41 times
Been thanked: 171 times

Re: I flew the DA62 today.

Postby CFIDave » Mon Feb 22, 2016 2:12 am

Colin wrote:Has anyone gotten an insurance quote? It is only 30% more than a DA42, right?


I doubt anyone has done that yet, but we might be able to estimate DA62 insurance costs by extrapolating DA42 insurance cost factors.

Because of Diamond's exemplary DA42 safety record (compared to other twins), the in-motion/not-in-motion "collision" part of the premium might be slightly less than 1% of the hull value (A Beech Baron, for example is twice that). So on a new DA42-VI selling for $900,000, this part of the premium might be about $8000/year. (A used $300,000 DA42 TDI would be much less due to its much lower hull value.)

The liability portion of the premium is not tied to hull value, but to factors like number of seats. (Think about how many passengers might get injured in a crash.). Assume this would be about $1500 for any 4-seat DA42, for a total premium of $9500/year for a new DA42-VI. These numbers assume more than 100 hours time in type.

Now consider a $1.3M DA62: A bit less than 1% of the hull value might be $12,000/year. But a 7-seater DA62 would represent a larger liability risk than a 4-seat DA42. So the liability portion might be as high as $2500, for an eye-watering total of $14,500/year total premium for a new DA62. (I wonder if you might be able to save on the liability portion of the insurance premium by purchasing the 5-seater version of the DA62 or by removing the back row of seats?)

But I suspect if you can afford a $1.3M airplane, you can probably afford the insurance premiums. And you'll be able to reduce your insured hull value (and premiums) after the first year due to depreciation. :)
N62DV DA62 62.056
N42DA DA42-VI 42.N117 (sold)
N811ET DA40 XLS 40.874 (sold)
KJYO Leesburg, Virginia
User avatar
Paul
3 Diamonds Member
3 Diamonds Member
FIRST NAME: Paul
Aircraft: DA40
Registration: 877US
Airport: KOGD

Posts: 168
Joined: Fri Aug 27, 2010 2:53 am
Has thanked: 1 time
Been thanked: 15 times

Re: I flew the DA62 today.

Postby Paul » Tue Feb 23, 2016 1:55 am

I bet you it's less than $14.5k. That's about what it costs to insure the Meridian I fly which has a $2mm hull value and $5mm smooth liability. It's probably not that much less though.
User avatar
carym
5 Diamonds Member
5 Diamonds Member
FIRST NAME: cary
Aircraft: DA42
Registration: N336TS
Airport: KTYQ

Posts: 957
Joined: Sat Aug 28, 2010 5:00 pm
Has thanked: 30 times
Been thanked: 65 times

Re: I flew the DA62 today.

Postby carym » Tue Feb 23, 2016 2:07 pm

I have 1700 hours twin time with over 900 hours in my DA42 and over 2100 hours total time. My best insurance quote this year (and it has been the same the last several years) was at 1.17% of insured hull value (no deductible) and $1242 for $1mil smooth coverage for a total premium of $4461 this year. On a $1.3 mil airplane I would expect the cost to be more than $14000 coverage.
Cary
DA42.AC036
Alaska adventure: http://mariashflying.tumblr.com
User avatar
Colin
5 Diamonds Member
5 Diamonds Member
FIRST NAME: Colin
Aircraft: DA42
Registration: N972RD
Airport: KSMO

Posts: 947
Joined: Sat Aug 21, 2010 8:37 pm
Has thanked: 55 times
Been thanked: 80 times

Re: I flew the DA62 today.

Postby Colin » Thu Feb 25, 2016 5:00 am

I flew it. I loved it. I am waiting for the first used one to show up on Controller. If they had an alert system I would plug that in.

http://flyingsummers.com/2016/02/24/the-da62/
Colin Summers, PP Multi-Engine IFR, ~2,300hrs
colin@mightycheese.com
http://www.flyingsummers.com
N972RD DA42 G1000 2.0 s/n 42.AC100
N971RD DA40 G1000 s/n 40.508 (traded)
User avatar
Aart
4 Diamonds Member
4 Diamonds Member
FIRST NAME: Aart
Aircraft: DA42

Posts: 447
Joined: Fri Jun 18, 2010 4:27 pm
Has thanked: 21 times
Been thanked: 22 times

Re: I flew the DA62 today.

Postby Aart » Sat Feb 27, 2016 8:19 am

Thanks for a great report Colin.
I assume that during your simulated engine failure you pushed the 'right' pedal, 'right' as in 'correct' ;)
Else something went seriously wrong in production..
1.3 million.. A lot of money, but I'd really fancy this one over a new Baron.
Question: all Diamond flyers love the visibility from the canopy. How did you find the visibility with this A-bar in the way?
Aart
DA42.332 PH-CCD LESB (Palma de Mallorca, Spain)

Who is online

Users browsing this forum: No registered users and 1 guest