$$$ To Get Elvis Presley's Private Jet Flying Again
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- čas přidán 2. 03. 2023
- I Find Out How Much $$$ To Save Elvis Presley's Private Jet
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Try contacting Lockhead Martin, maybe they could help or even retrofit more modern engines that meet the noise requirements.
Fabricate hush kits. 😯 But, first, corrosion is definitely the deal breaker whether The King flies or remains grounded for Elvis fans.
Find a replica or as close to it as possible and refit everything into that.
Or seal it and have it as a backyard bar...
Sell it to whislin deisel and see if heavy d can mske it fly/glide one more time🤣🤣
He gave you his “I don’t want this job” price.😂
Who would
Yup. While totally different aircrafts, planesavers did a DC3 for peanuts compared to what he was quoted for this. He should call up Mikey Mcbrian and get a quote from him!
Sounds more like the "throw it away and buy a new one" price.
Yeah we can fix it for 500 grand for your 800 grand plane,but it we can fix it starting at 5.5 million no fixed price...I will ring you every week telling you another part the plane needs that has to come from.mars at 1 million a spark plug...this guy would sell you a car for 5 grand with no wheels...but you can get the wheels for an extra 20 grand
...watching this...I bet Jimmy had a drink that nite
@@shanancovacevich4303 I don’t think this is on the compliance people, this one is on Jimmy. While mechanics aren’t cheap, he should have seen this coming before he decided to throw down $234k on it.. especially as a mechanic himself.
You should contact Lockheed directly. They may be interested in assisting with this as a project from a public relations standpoint. Their fleet support line might be able to direct you better.
Today Lockheed Martin's business is quite different from the olden days. I would be surprised if they helped at all.
I doubt they would care. They don’t target the civilian market
They have better things to do, like putting death rays on the moon.
I do not think you understand to get the plane actually flying assuming that they do not find anything else wrong can source the engines etc there is no such thing as a hush kit for the engines even if they could somehow find them. |It is illegal to even turn on the engines though of course real world the police are not going to turn up but if for example they took it on one flight that would equal massive fines and the pilot would probably lose their license and hence career.
Hush kits are expensive and a set of S/H ones would cost upwards of $250k each except they do not exist so Lockhead would have to design build fit a brand new set and get them certified. Absolutely zero idea how much this would cost especially as there is no market for them but potentially 10s of millions.
Younger versions of the plane are still flyable so it might be they swapped engines in the later designs but if they are backwardly compatible no idea. Note a less older flyable Jetstar will set you back a mere half a million to give you some idea with this aircraft you are paying for the name and it is one of three so not exactly one of a kind.
That is a blinder of an idea.
Of course they will
The contrast between these cost estimates and the $300 I'm trying to scrape together to replace my SUV fuel pump is pretty phenomenal. I couldn't even imagine that kind of money for a non-essential expense like a vintage, private jet.
I can relate. I’m stressing over spending $6K to buy an insulated wall tent to live in for a year or two. I’d like to buy an insulated yurt for $20K~$30K and have been thinking yurts are really nice, but are simply a tent for rich people. I’m obviously not doing anything right financially to be worried about spending money on a wall tent or yurt to live in.
Maybe dont drive a suv when gas is at its peak might be a good start xD
@@rez372 The man is struggling to buy a $300 fuel pump(which is crazy for a fuel pump to begin with), how do you think he's gonna just buy a new car because of the sudden gas hike? What a stupid comment.
JIMMY PETITION LOCKHEAD MARTIN TO HELP! 5.7 million dollars is not even 1/1000th of their capitol. Tjhey have a free cashflow of over 6 billion. They could easily take this on and develop a muffler system for this IN THE NAME OF THE KING OF ROCK AND ROLL! DO IT FOR ELVIS, LOCKHEAD AND MARTIN!!!
Check out your local u-pull car salvage yard, that's what I do.
Hell I think the Elvis plane being what it is and who he was, you should petition big brother aviation boards to make an exception to fully restore this priceless artifact. Not only for Elvis but for the plane that it is. I'm sure there has to be some sort of loophole, big brother always leaves them in the cracks somewhere. Maybe an experimental category or for shows. Don't let this beautiful plane disappear.
I'd suggest making the plane into a museum/attraction piece. Work out a deal with that museum in TN that has the original engines, repaint the fuselage and address other cosmetic issues to make the plane look presentable again. No need to go further than that, it's a pipe-dream in itself to think the plane could ever be realistically flown again. At least it could live on as a museum attraction or similar.
Agreed. Many have suggested the same thing . Personally ...I would love to see it flying again . But ..if that not possible , it would make a fine attraction for Elvis fans .
Graceland already has two planes on display.
The original engines would violate noise regulations. So if it had its original engines it would never be allowed to fly, they need to buy modern replacements
That will work.
Best idea yet
A sympathetic cosmetic restoration, an ordained Elvis impersonator, and you've got yourself a bespoke wedding chapel like no other.
Or rent it out overnight to Elvis fans but make it handicap accessible to accommodate their cans and walkers.
Thought they started to go after Elvis impersonators due to trademark infringement.
@@jimarcher5255 lmfao.
Find a tourist spot, use it for a B and B. Why couldn't it be fitted with a quieter motor and then sell the original motors to a aviation museum.
or a brothel
For most people who are considering parting with $200K+ to buy something unknown with thoughts of restoration, a bit of a sanity check prior would be mandatory. My guess is that Jimmy never really every thought this was a potential flier and had other plans all along - he can't possibly be that naive. Makes for a great story though and I'm really enjoying it. Peace and love from Aussie land - Dave
He's a complete nut job day dreamer who lacks common sense. That Jet will NEVER FLY AGAIN, owed to an advanced aged air frame that no doubt is riddled with cracks, rust, etc, that make it totally and completely impossible to repair or restore. He might as well start a foundation to Raise The Titanic! Both are on the same level....i.e. NOT GOING TO HAPPEN, EVER!
I would be crying 😆 I can't wait to see if it all comes together, it will be really neat to follow this journey
The last known flying JetStar was retrofitted with Garrett TFE731 engines in order to keep it within the noise requirements, so that's always an option if you decide to splurge a bit on this plane lol.
@@arklainquirk SHOCK VALUE.
@@arklainquirkBecause they specialize in Aircraft Interiors, lol. If He was serious, He would not have picked these guys to do that kind of rebuild work on this or any plane.
@@arklainquirk the original engines for this plane is in a museum in TN
There are plenty still flying around non are Jetstars and the 731 Jetstars ( of Jetstar I) were a retrofit mod done by Garrett which who knows who they have been bought out by today. JS II were production line aircraft done by Lockheed (you can ID those by the "dagger" between the engines
@@arklainquirk I think you would lose a lot of value as a retrofit or two and it's no longer Elvis's plane. It's like a classic old car that sells for a hundred thousand but if the numbers don't match you'd be lucky to get 20.
This is history. Just make it visitable for the fans. Clean it, paint it, perfectly restore the interior and play non stop Elvis music, maybe some drinks to serve. Good luck bro.
Now That's the ticket
2 options in my opinion.
1. Get a quote from the company who makes the hush kits to design, engineer and certify a solution for those motors
2. Retrofit a similar business jet motor. Option 1 definitely preferred.
I have a couple Lycoming O-320's we could strap to the wings. We could taxi through some rain so you could use your vintage wipers.
Just turn it into an airbnb and I can put it on my bucket list. Huge Elvis fan here 🙂
What I was thinking too. Make it an Area 51 AirBNB. Probably cost another $200k
good idea, taking in consideration that lights, microwave, tv and other stuff works just fine, stuff the guests would use.... little bit of DIV paint, few pillows and blankets and you're good to go.... + figure out how the toilet works.... perfect Elvis's time capsule that real fans would pay good money to experience 👌
You to can share VD's with The KIng!
Would be so cool to turn the cockpit into a flight simulator as well.
AIR BNB! Imagine if you trailered it to Vegas and refurbished it there, You'd be booked for months ahead forever. "The Package" 📦 Married by an Elvis impersonator in a Nevada 💒💍 Chapel... Tell the World 🌎 ! You gotta recoup nearly 1/4 Million then it's pure profit 🤞🙏😎
Hi Jim, I once travelled all the way to Memphis to visit Graceland (I live in Newcastle Australia). Loved the USA, the people and Graceland. Did notice that the Americans can use entrepreneurial skills to make a dollar out of anything. Good on them. Clearly this aircraft will never fly again (sad). But you have outlaid 234000 dollars and need to recoup. I suggest having the aircraft painted in its Elvis colours, mock engines put on it, tidy up the inside and station it near Memphis. $10 per head to get a look inside, $50 to have a reheated burger using Elvis's microwave, $50 to see a video on his TV. It's a goldmine!
Lets call Jeremy Clarkson, James May and Richard Hammond. They can probably do this project at a fraction of the budget while also adding submarine features to the plane.
"How hard can it be...?"
This thing would have been so far out of their wheelhouse it's not even funny.
This thing has to fly again !!! Make a hush kit for it. Maybe modifications can be made to run different engines. I’m not sure but hopefully some people reach out to provide some solutions. Imagine this thing featured at an air show. I would come over from Australia to watch it take off and land.
I am A&P mechanic (aircraft mechanic) and love the idea of this plane flying again. If I lived closer to you, I would want to volunteer my time to restoring this rare aircraft. Maybe there are others like me with the know how and skills that feel the same.
I’m an avionics tech I was watching a video prior to this one on this craft and seen the flight deck and instantly started to draw up ideas on how to modernize the cockpit
You are awesome!
JIMMY PETITION LOCKHEAD MARTIN TO HELP! 5.7 million dollars is not even 1/1000th of their capitol. They have a free cashflow of over 6 billion. They could easily take this on and develop a muffler system for this IN THE NAME OF THE KING OF ROCK AND ROLL! DO IT FOR ELVIS, LOCKHEAD AND MARTIN!!!
I think that’s a wonderful idea!
@@jroyablacksmith I don't know how much modernizing should be done outside of legality and flight issues. I hope he keeps it as original as possible. I hope he even finds pics of the Elvis interior and remakes it back to Elvis condition. That's what makes this hold value in any sort of way after all. This isn't about a plane. It's about a time piece. If he wanted to simply buy any jet.. this wouldn't be the one.
Honestly, as cool as it would be to see this plane in the air, I think it's destined to be a museum static display.
I think it needs to be an Airbnb
Fix it up ( Cosmetically ), then turn it into a museum static display piece.
It's obviously a monumental amount of work and money for any one individual to undertake. I'm curious if historical orgs (flying or not) would be willing to pitch in to make this floor worthy. Maybe fly worthy comes after that if enough interest is generated and someone can magically summon engines out of their wizard hat.
You could make extra dough by part-timing it as a wedding venue.
It would take an obscene amount of money to get it airworthy - not to mention the corrosion yet to be found - and then the FAA would probably find a way to keep it on the ground
I subscribed to your awesome channel, love your videos. Looking forward to see what you do with Elvis's plane. Whatever you do, we know it will be great!
Way too many comments to go through so, this might have been covered. Garrett AiResearch made replacement engines for the Jetstar that were supper quiet. A friend of mine did a couple of these conversions in the past. Might me something to concider. Thanks for the great videos.
It would be nice to see it restored to non-flying, museum condition. Still expensive but it preserves a unique aeroplane with a unique history.
Most likely the outcome. There’s a reason it sat there.
Thats what i was thinking. Restore it to like an Elvis museum piece where people could pay to get the elvis exerience of luxury back then. So restore the inside exactly how it would have looked back then. Restore cockpit, people will pay to take pics etc. Could have a wax life sized copy of Elvis sitting at the controls. People would pay to take a pic as his co pilot
Why not instead of putting two Jets on there they just put two jet engines on there I mean it should still fly was only two of them and the noise level will be lower putting four jet engines on that thing it's just Overkill
Two brand new jet engine models
And now I live in an Airplane, down by the river.... almost my favorite line
Sad to hear she won't fly again, but thanks for sharing the journey. She'll be an interesting RV for sure though.
My band had JD Sumners Silver Eagle tour bus! Had carpet from Elvis’ jungle room and marble from the Waldorf Astoria. Funniest thing that happened to us on the road! TCB was the logo JD had on each side of the front. At a truck stop a driver came up to a couple of us taking a smoke break, looked at the logo and said “ Toby Keith band!” None of us had the heart to say anything but yeah man! He’s in the bed asleep so we best not bother him! Glad you’re able to get this! Nothing like having a piece of the king!
Jimmy, sadly, the last known operational JetStar was retired in December of 2019. The owner got rid of the Pratt & Whitney JT12A engines becasue of the hush-kit issue and obtained permission from the FAA to re-engine the aircraft with Garrett TFE731's. The aircraft was donated to the Marietta Aviation History and Technology Center which will have two JetStars on display for the public.
That does not mean that one couldn’t be brought back. Although I doubt this will be the one
Buying this plane was a stupid decision that he made to begin with.
My suggestion is to sell it to the same museum that has the original engines and suggest that they install (basically glue) the engines on the aircraft and get some of his money back.
If he can convince them to do so and get couple of hundreds of thousands of dollars or whatever amount from them that'll be the best bet he'll get. I'm only trying to think of a way to minimize the damage that he has done to himself.
Damn it he should've had these guys inspect the aircraft before he placed the bet or at least did some research and probably wouldn't buy it if he knew about the government noise regulation, what a dumb thing to do.
@@MrUNCLESAM84 Nah, Jimmy's dumb like a fox! He'll milk this junker for all the You Tube videos he can and end up with a profit. There are still enough Elvis fans around to make it pay.
They are both currently on display.
@@Cougracer67 I don't know about that but probably you're right, like I wouldn't give a 💩 about Elvis to be honest.
Jimmy knew all this. He's teasing everyone, 😁
This guy is way over his head with this one 😂 Banger content 🔥
How so? He said before he bought it that it would cost over 2 million to restore. So how is it over his head?
@@shawnleider he's over his head because that fossil of an airplane will never meet the requirements for certification due to the advanced aged air frame alone that no doubt is riddle with cracks and rust. He would need an entirely new air frame which is the same as saying he would need to buy a brand new jet not to mention the Avonics are gutted and would require complete replacement that would cost way more than they paid for the pile of junk! So yeah, the idiot is indeed way over his head which is the reason he decided to CUT UP THE PIECE OF JUNK LIKE THE SCRAP METAL THAT IT IS! What a FRICKIN PIPE DREAM!
I would visually rebuild it so it would be a nice museum static piece but with the internals working so one could at least see everything light up.
I just think it's insane they are not legally required to tell you that due to noise regulations that this plane will never fly regardless of condition when they sell it. That just seems unbelievable like selling a condemned house and not disclosing it or something. Wild!
Those ADs are public information in anyone buying an aircraft of this cost would look it up
@@trxcummins7388 Well, not the ADs in this case. I guess it can be made airworthy and still not be allowed to fly because of the noise
@@trxcummins7388 so then he probably knew all this before he bought it?
Everyone in the industry knows about the noise compliance. That is why many older planes were phased out of the airlines. Those airplanes tend to go to other countries that don’t have those rules.
Maybe they can use different engines. And avionics.
Jimmy's mom didn't raise no fool. I'm sure he's known all along that this plane was destined for some other purpose. It's fun to watch Jimmy at work, and I'll bet good money he comes up with something great for this historic aircraft.
Agreed. I’ve been curious as to what his plans all along have been though. Cost of transport? Storage fees? Who’s already in discussion of next ownership? He be a fool to move it unless he knew he was keeping it.
oh that 230k was a foool and his money. that jets worth like 35k.
@@marauding4life Parking alone for a large private jet is astronomical. Prices can vary wildly from airport to airport, but not cheap unless he has a place set aside for it.
That's wishful thinking, he didn't expect it to cost so much, and that without custom parts, it'd be illegal anyway, outside of engine swaps
You should reach out to Lockheed and see if they would be willing to custom make a silencer kit for your specific plane
Wow, great video Jimmy and good luck.
Garrett TFE731 engine (from Wikipedia): "The TFE731-3 was developed for use in the Lockheed JetStar re-engining program, and subsequent versions of it have been used on a number of aircraft, including the Learjet 55."
Definitely! There has to be a way of converting it into a 731 Jetstar. Lockheed has already done all the research & figured it out with the "731 JetStar modification program". The Jetstar IIs that Lockheed produced after that were basically a Jetstar-731 from the ground up.
@@whawaii NO way It takes more than the 731s wing spar upgrade for one thing. As I said I know, I was at Airesearch LAX the facility that did the conversion.
I like how they said it’d be a miracle if any of the electrical worked when u just did a video proving some of it still works 😂
I’m guessing this was filmed first, because jimmy said “and we haven’t even started it up yet”!
That company is not going to put their name on it unless it is all new.
I thought those two guys were relatively clueless. In a few seconds, I found an engine upgrade kit that would make it noise and fuel compliant. And I don't have a dad in the business or a fancy door logo.
You guys gotta understand something when it comes to aircraft. FAA compliant and flipping a switch are two different things. Back in 1992 when I worked at an auto parts store, a rebuilt GM 65 amp alternator was $30. That same GM alternator for a piper cub was $450 at the time. Why? FAA stamp on it.
Question: Wouldn’t the noise regulation not apply since it’s from another era and therefore it’s grandfathered in?
Honestly, there's a good case to be made for crowd-funding for this project - with the rewards being insanely attractive!
There is an airworthy 1977 Jet Star listing out there for $495k Buy it and repaint and do the interior as the Elvis Jet.
I hope he sees this
Then it is a replica no deal
That's a steal. Buy it and it can be a donor plane. Move the engines over, etc.
Still, 10 grand an hour to run. That's as much as my Bonanza costs for the hanger, annual, insurance, and upkeep for a year.
guess I better hit like and watch to the end so that Jimmy can afford the ride home after this 🤣
I believe there is a pre engineered conversion from quad to single powerplant conversion on these old Jetstars. The real question is did it come with log books? I did quite a bit of time in green completions and MRO. It would basically be like a heavy 10c/12c with paint on a bird that lived by the red sea or in the Florida keys. It was not only possible to save but more economical than purchasing a late model challenger. I would put it at a max ceiling of 12 million $.
You should find a nice plot of land on a USA interstate freeway and place it on the roadside and open it as a Elvis Presley Diner for people to sit and enjoy its legacy. Good luck with its project wherever it heads.
Tiny house air B&B inside a vintage hanger would be awesome! Restore the exterior to live on as a historic item. Love following you jimmy!
Yes this! Especially if you could get some more Elvis stuff to go on display in the hanger with it. Maybe one of his cars, all set up like they had just dropped him off to the plane.
Hi Jimmy England back again, another work around on the Engines is to re Engine them with the TFE 731 engines which you can also go on one of the various Engine maintenance programmes that are for the Honeywell/Garrett TFE-731 engines. These are very user friendly and help with maintenance. Another option is to look into a possible Lend/Lease agreement for the Engines, if it is available to a Private owner. Also to find the JT12 is going to be a nightmare plus the support you will need may cause problems where the TFE-731 is also a more efficient engine to operate and widely available with a lot of support for them in the USA and other parts of the world. As I quoted in my last message $4 to $6 million In honesty after listening to the very basic survey report there is a lot to do and is dependant on if Nothing is wrong and in need of major repair work. I think if you find items in poor condition you might need to look at another $2 million as a working fund to see this all the way to Flying so $8000,000. If I was advising you I would look into the TFE-731 STC modification it may in the long run save you money
A lend lease is why it no longer has engines
@@egypthobby Agreed but with the TFE-731 leases and say the MSP on the engines you are looking at ease of running plus if you are Tech on an Engine MSP find a replacement loner while yours is in the shop I know the Owners of the Jet-star 731 we looked after here in the early 2000's had some good words to say about MSP and costs of running
Aren't there some options that can mount one "fater" engine on each side. The "fater" engines are less noisey than the slinder engines. And I think more efficient. This is an interesting problem for sure. There must be even more interesting solutions for this problem.
Very large paper weight jimmy what was Elvis’s favourite food walk in dining experience I will leave it with you 😂
@@walterwjr947 Yes Walter Jr, this is the TFE-731 Engine STC that the Jet Star went through, retrofitting the TFE -731for the Older the JT12 Engines. Sadly the JT12 engines were not cutting it on fuel consumption and now the older Turbo jets are very noisy and do not meet a lot of the World wide noise pollution limits. So you either add a special stage 2 Hush Kit like on Gulfstream's 2 & 3, BAC 1-11 or find a different engine as they did on the Jet-Star 731 that are flying
Before saying the engines will not comply with the 91 801 noise emissions, surely you should contact the company which makes hush kits for other engines and see if they can make you bespoke solutions.
Just because things arent readily available does not mean they're impossible.
Go jimmmy fly that legend
I’m sure jimmy has had a plan from the start. Can’t wait to hear what the real plan is. He knew that plane prob wouldn’t fly again.
I'm thinking take the wings off and make it a bus.
A permanent, rolling OSHKOSH promotional vehicle.
He already said his plan was never to make it fly. His plan was to take the wings off, put it on a trailer, and drive it around to airshows thinking he could charge money for people to walk through it.
He literally could have offered $20k for it and they would have accepted. He was being brain dead offering $230K. But also, he got the auction company to finance it to him. So he can stop paying and they will have to repossess it. He can discharge it in bankruptcy. He is not smart for paying more than scrap value.
The microwave works, isn't that worth it lol
I was doing some welding out in Roswell about 10 years ago. I flew out of that airport and I think I remember seeing it sitting off to the side. It’s pretty cool that I saw it , not knowing it’s history. My grandpa was an A&P and I got to help him do some work on a plane Jerry Reed had many moons ago.
Hey 👋 Jimmy Love your Channel 👍 ok I have 2 options for you. Option 1. Since it's costing you $5.7 Million and there's a big chance that you won't find ALL 4 Engines Why don't you Replace all 4 Engines with Newer Style Engines that meets today's requirements 🤔 ? Or Option # 2. Leave the plane as is and turn it into a Museum and Charge people like $5 to $10 a person to go inside and look at it and take pictures or I just thought of a 3rd Option you can sell it to a Museum that buys old famous vintage stuff 🤔 ? Just a thought 🙂 good luck with the plane and stay safe you 🙏 and your family 🙏
Disassemble, move to a museum in Las Vegas or Nashville… Ask air museums around the country who might want. It would make and excellent static display.
There has to be a way of converting it into a 731 Jetstar. Lockheed had already done all the research & figured it out with the "731 JetStar modification program". This was implemented on some of the original JT12 Jetstars.
The Jetstar IIs that Lockheed produced after that were basically a Jetstar-731 from the ground up.
I'm a car guy. I want to say I'm blown away by this channel. Blown away with Jimmy and his videos . And reading everyones comments is great. Everyone on here is so well educated and the knowledge you all share is top notch. This is really neat peaking into aviation. God bless
I really like Jimmy's Channel now. His knowledge of airplanes and stuff about aviation is very fascinating. I been big into airplanes since I was a child.
Literally no difference in car hobby and plane hobby meet someone with a train hobby
welcome to the brotherhood of aviation.
Everybody in the comments is a certified A&P mechanic and also an investment expert, too! Joking aside, I agree with you.
The Today Show this morning announced that Elvis' Private Jet Arrived in Plant City, in the bottom scroll! LOL! Go Jimmy! National News!
Wow!! Big Number s For Everything!!!!
The worst part in all this is what the auction company did to Jimmy. They supposedly had the "phone bidder" run up the bidding, then the bidder backed out of the sale. They sold it to Jimmy at his last bid, which worked out to 234k. That plane is worth 50 to 100k on a good day. I hope his CZcams revenue will pay for this debacle!
With the amount of views he's getting, CZcams will not even be close to returning his revenue.
That's 100% true, the metrics outsiders use for adsense revenue are misleading. Bigger name CZcamsrs are estimated to make millions, but the reality is they're maybe making $500k on a good year.
A CZcamsr could have a million subs and average 100k views per video and not even clear six figures. A huge factor is the _type_ of ads they put on your videos. Movie trailers and big name products pay the most, but they only advertise on the safest videos.
Those mecums, literal are sperm,if You know spanish,LOL anyway good luck to jim
That plane would make a really cool camper/RV to rent out for weekenders and such
From what I've heard from a YTer friend it basically boils down to about $1/1,000 views. So hes made about $2,500 from his elvis plane videos in the last month
What has troubled me from the start was the "auction." I truly believe you were taken in a big way. I would go back to the auction house and demand they provide proof there was a real "bidder" on the phone in the first place. You should have been able to get this paper weight with working TV and microwave for less than $10,000, and I put it that high only because of the intrinsic value of it briefly being a plane in which Elvis Presley flew. Otherwise, for examples, when you finally got to make your first inspection it was clear anything of true value had been stripped (stolen?) from the plane, including ENGINES, the most expensive parts of the cockpit panel and even the skyphone in the main cabin. Elvis' real plane is on display in Memphis. Forget about this hunk of (decaying) junk.
there was obviously no phone bidder. plane should have been sold for scrap value
Totally re the auction house. They ran you ip.
There is a channel called rebuild rescue they were bidding on the plane as well
There are numerous videos of this plane on the internet. It's just that no one was dumb enough to buy it, untill now! 😂
@@RidingWithJay Rebuild Rescue didnt even place a bit on this plane, go watch the video. It was out of his price range before he put in a single bid.
I would do one of two (or both) things.
#1. Contact Lockheed and see if they might be interested in helping restore the project.
#2. Elvis was a fan of hot rods. Make it hot rod plane. fix the body, paint it, etc and see if cheaper engines, etc will fit and hot rod it out.
There is a garret 731 conversion and those engines are widely available. I work at my local airport and saw a jet star with garret 731’s. I know you want originality but if you need engines, that may be a good way to go.
Before I retired I was an aircraft engineer, I was a technical rep on a maintenance check being carried out on one of our 747-200’s by a contract company. Apart from the normal check stuff being carried out that was costing a fortune we had an autopilot defect to be investigated. Eventually the fault was traced to internal wiring inside the tail plane hydraulic screw jack assembly, this is the unit that moves the whole tail plane to trim the aircraft, being a 747 it’s quite a large unit. But a replacement reconditioned unit was $247,000 now consider this was way back around 1995, so it was a considerable amount of money. When I phoned our engineering director to give him the news so he could make the decision to buy it or not (we had no choice, it had to be repaired and tested in an approved workshop) I thought he’d had a heart attack, the phone went very quiet for a long time. Needless to say we bought it, the old one was sent away for repair so it could be sold.
Aircraft parts and repairs always cost an awful lot of money, it’s like telephone number figures. And that estimate will only get bigger and bigger as more problems are found. An aircraft parked up for 40 years without proper parking maintenance is never going to be in good condition, so there’ll be plenty of hidden evils with corroded and damaged parts adding to the bill.
figure double the 5 million IMO you can almost buy a new one for that price. A Bombardier Learjet 75 costs $13.8m
I've seen some people do some dumb shit , But you sir take the cake.
That's part of the fun!
I believe that is the point of his adventures!
like the shirt said - 'what can possibly go wrong'
some things of course will go wrong
but having looked at the engine spec, Garrett TFE731s, 11,000+ were built, later versions -05 & -06 were modernised to keep within noise restrictions, replacing older noisy engines, they run leaner, quieter etc etc - so personally i feel with a few modifications, as long as the airframe still has enough life left in it (which i'm sure it has) then i don't see why not - making her airworthy is one thing, keeping her airworthy is another
@@patchmack4469 as long as the newer engines were certified for that airframe it would work legally. otherwise he could be stuck with an experimental aircraft classification
@@flyer617
I just wish that Jimmy would find a less expensive hobby! 🤷♂️
Maybe you could find an aftermarket company that could custom fit your plane with the foam and the quieting you need to fly, and you might even get lucky and find parts from a plane junkyard that are inspection pass quality to cut the cost way down. You might even be able to find alternative engines to use as an alternative
Spruce it up cosmetically so it looks awesome but keep the interior layout. Make a deal with a Las Vegas Casino to make it an indoor Item people can visit or it being an insanely luxurious VIP retreat that you can rent for an evening for the right amount of cheddar.
Those 4 engines are available in Mexico at an aircraft graveyard. N430MB was the tail number at one point and it was sold to a company I believe in California and was decommissioned about 8 years ago. If you research that tail number and follow the trail to the exact location it’s at now you might be able to get ahold of those engines.
How much would it be? All the engines?
I love you!!! ❤❤❤
@@S0l0X I’m not quite sure but I know the aircraft was decommissioned fairly recently (in the past 10 years) so that would be probably some of the most decent engines if they are in fact still on the aircraft. My best guess for Pratt and Whitney Dash 8 engines that are salvageable but in need of major service would probably be between 100 and 200k a piece (x4).
Excellent nugget 🍺 But did you see the end of the video? Those engines are a complete non starter, according to our beloved Government
Can different similiar engines be put on the plane or is the JT12 the only engines allowed to power that plane?
Jimmy is a genius.
This isn’t about the plane, it’s about the content. How many videos will be made about this plane? the adds, views, the community support. He will double his investment. This channel is not about the aircraft, it is about the entertainment. It’s about YOU!
I’m here for it.
It better be, because that plane will never fly again. A rebuild would probably be more like twice the estimated price. Finding the engines is probably impossible, plus there has to be irreparable structural damage, and if nothing else killed it - noise abatement does. No one is going to certify a one off hush kit. If someone put all the work in to actually rebuild it, the chances of getting a provisional air worthiness certificate is doubtful. No inspector would sign off. You actually would be allowed to start it, you just couldn't power it up. Plan B - scrap yard (which is where it was). Caveat Emptor, Elvis isn't a big enough draw to make that an attraction and it wasn't the JetStar he used; that one is at Graceland. This one was for the B Team.
All the more reason to make it a Simulator Attraction no strict rules on restoration or paint job or costly structural repairs. All about the entertainment with NO FAA restrictions. Graceland could be a great parking place for it. They maintain it and you get your share of profits. Like an amusement park ride. And no expensive insurance for flight.
It should be about both bc it's sad to see them just drop it and not look for a solution
2.8 million views on the 4-5 videos so far.,,,, at a high rate of $10 per cpm that equals $28,000 he made so far. Long way to go. But it is possible. Scrap metal he might get another $50k
Yeah right, m unsubscribing now..
Start a sky diving school with Elvis jumpers would be less stressful, the plane is rented and your Elvis connection is flying in the great blue and landing for a crowds enjoyment .
Bahahaha numbers-and he begins considering creating an Airbnb 😂🤣😂-$125k or a Limo-$200k 😂🤣💰💰
I'd just stop making payments and let the bank repo it now.
😂
Very poor attitude on your part. He bought the thing, he should pay for it.
Very much doubt if any financial institution would lend money for a piece of scrap metal.
there has to be a 'never say never' there is potential, just some folk are better with there money and don't gamble - is this a gamble, well maybe partly, but there is much potential, would certainly make the news, there are still huge numbers of fans, sure folk would pay to step aboard, and fly in her, Vagas promotions, dear god, there's a billion and one things you could do, some will need money throwing at it, but sure dividends will pay out by the bucket load only to be thrown back through the engine noise converters - it's risky and it's fun, just not for some of us, so why watch it hehe - i love it, see where it goes - its a 50/50, sink or swim, we'll either laugh or cry or laugh more
Mecum unloaded this thing
Turn it into an Elvis Airplane Museum, where you could display items related to Elvis and his passion for aviation or something.
Apparently you are not aware that this was only one of his 4 Aircraft.
I laughed a lot! Thanks for that!
Museum and nice cleaned up.
This should also be promoted in music circles for full support!
Or turned into a studio for music makers who love elvis.
AOPA and other aviation groups.I would make a donation.
Jimmy, that is insane! Even if money was no object, would it be worth it to repair and put in the air again? Perhaps you could turn the hull into an AirBNB and rent it to folks for overnight stays?
I agree
My thoughts as well 👍
Use the profits from an Elvis BnB to fund the 310! :)
From the moment I saw the auction, I suspected that's the only thing it could be. Old jets need hush kits, which go into the millions alone. Plus is needs 4 rare engines.
The issue is if he'd run into legal problems from Elvis' estate for even mentioning the name Elvis for a BNB.
@@krozareq I don’t think they would be that pathetic. In fact be happy it has a purpose. Very negative
Congratulations! You just spent $250K for a 40 yr old microwave oven & flickering TV! I think it’s one heck of a man cave! 🤣🤣❤️🙏🏻
Great video! Restore it and place it somewhere as a tourist attraction!
Museum piece! Don’t trash it! Get it to the point where it doesn’t leak, looks good, and roll it into an exhibit! Those are rare airplanes and would be great as an aviation history piece somewhere.
I’ve never felt so sorry for someone in my life, poor Jimmy,that’s sad
Why? He made no effort to do any research into anything he literally bought this over price piece of scrap metal because he couldn't be bothered to do any research and didn't think that painting with his heart and not his head would be a bad idea.
Clean it, repaint it, make it a museum piece.... don't know what else would even be feasible for this this... good luck!
If Elvis’s plane isn’t airworthy due to noise compliance requirements, I say get it restored back to its original condition and put it on display at an air museum, that way even if it doesn’t fly again, Elvis fans and aviation enthusiasts can still enjoy seeing it. Spa Guy is a huge Elvis historian and I think even owns the ambulance that transported Elvis’s body to the hospital
I would like to hear your wife’s real reaction to all this. 😂
I hear that Elvis weddings are really popular in Vegas. Might as well name the ship, "Fly by Night" and make it a wedding chapel! What could possibly go wrong?!
Decorate it internally like a motel room and rent it out for the night at the wedding chapel! At least it would keep on rockin' !!!
i'm sure this is a dumb question, but could you use a different kind of engine? ones you can find that comply with the regulations?
If it makes you feel better, Elvis originally paid $840,000 for this bird in 1962. Adjusted for inflation that's $8,321,284 in today's dollars. So hey, you're still ahead!
It’s a 1962 model. It was bought 7 months before he died in 1976. His personal pilot has stated it might have been acquired by one of his managers to be used as a corporate jet. He says Elvis never flew in it… and may not have even knew it existed.
Yes, I know it's a 1962 model (as I originally stated). The article I linked has all the details on it. Priscilla and several of Elvis' friends say he bought it with his dad and she was there at the auction to help sell it. And the article also says they don't know if Elvis ever flew in it. The fact remains that it's still one of his planes. Not sure what point you're trying to make.
Move it to a cool spot in Vegas, do some paint and a bad ass new interior and make it a sweet Elvis air bnb.
I'm in agreement with Mr Tracy Thorn. Elvis's fan base would love to pay for a chance to do a walk through and experience what was considered top shelf technology for the day and the bragging rights to being on Elvis's private jet. It would be an excellent addition to the Graceland tour. $$$
That plane was in Graceland about 5 or 6 years ago. I wonder how they got it to Roswell?
Lot of $$$ , but from a viewers standpoint what a story. Which that bird would fly again. Love that Lockheed cockpit ❤❤
The next best thing would probably just be cosmetic restoration. It would make a decent display or museum piece. Cosmetic restoration means the plane could also be rented out for photo shoots and potentially even be sold to a collector (perhaps a Vegas casino would be interested in having a cosmetically restored private jet that once ferried Elvis around).
I am assuming you didn't buy this as a business project, but as a passion project. Cosmetic restoration would let you experience much of the joy of the aircraft as well as share that joy with others. It will also be much more joyful knowing that you don't have to pay $10,000 per hour to enjoy it!
Jimmy, I think your plane (Elvis's plane) is also featured (one like it) in James Bond 'Goldfinger' movie from 1964. I told my wife that's Jimmy's plane. I believe you will do the right thing and share this memory with many others. The question is, where? Best to you! David and Leslie
This makes owning a classic car seem like an absolute bargain. :-)
I was thinking how wonderful I felt about my Harley Davidson bill after watching this I almost floated off my couch😂
@@thegamereviewandreallifech1910 By far! I could restore all six of my cars for the price of a 2023 model.
Flat out,!!!!!!!! TIME IS THE REAL PROJECT KILLER.Bummer,it would have been cool to fly the KING'S plane again. THANK YOU,THANK YOU VERRYMUCH
One word: EXPERIMENTAL. Wow there are a lot of comments here .... not having read them all -- here in Canada there is a way to take a certified airplane and convert it into an Amateur Built / Home built / Experimental. If you could pull that off, perhaps you could then be selective about how you rebuild this and what ADs you comply with. I believe ADs are not required for Experimentals, so conceivably you could even put different engines on it. Although the noise regulation many still hold, this then wouldn't preclude you from building a non-certified noise reduction system for it.
Get together with Adam Savage and Colon Furze and make some jet engines from stuff from Home Depot. That would be a fun episode :-)
🤣
Colon Furze 🤣😅
Colon furze, something rectal about that.
Make 'em out of old turbochargers!
Something tells me Jimmy knew all of this before the auction......He just played dumb to make a video...click bait....Funny Jimmy was commenting "Wanna bet?" in the other previous pre-purchase video when other comments said that plane would never fly again.....Not sure if this can be done as an experimental, but there is a reason nobody wanted that aircraft. If this thing gets turned into a diner or AIRbnb, I would assume that was the plan the entire time and these "how much will it cost" videos are just for entertainment, Jimmy had no plans of flying that plane....Who doesn't research that stuff before a 236k buy of a aircraft sitting in a field for 40 years....Love jimmy but you played me...
Clean it up best you can, park it in an "elvis friendly" location, get the necessary permits (much cheaper than the original plan) and make it into a restaurant. You can serve Elvis's favorite foods, people can sit in the cockpit and other places where Elvis actually sat, etc. You might at least recover your initial investment. Best wishes. I'm totally on your team and wish you all the success in the world! Love Jimmy's World!
You mean make a kiosk? Maybe park inside a restaurant
I doubt Elvis actually flew in this plane. He just owned it. This was for his B Team.
Outside of working a deal out with Lockheed for Historical preservation I was thinking it would be a good project for a school or band of A&Ps/NDT techs, My school did this and produced great techs (My opinion of course)
-Las Cruces A&P
Rebuild everything appearance wise, interior, paint, lights. Bring back the gauges. Preserve this piece of history and maybe put it in an area like a museum for people to be able to view it and walk into it.
Ask around aircraft museums who could restore the external and internal condition where people can go and perhaps see inside the aircraft as an attraction. I think that this way would mean that many people can enjoy it as well, plus the aircraft would be kept indoors and protected from the elements. Either that, or you can see about modifying the aircraft for different engines that meet regulations, I'm guessing that would leave you being carried away on a stretcher with oxygen mask after seeing the price of that option.
Well, I think buying different engines would probably be *much* cheaper than trying to hunt down originals.
Don't be cruel! Bring this plane back to life! Make it a lifetime challenge! One day you will make the dream come true! 😃💪✈
Yeah, this quote sounded like when you ask a car body shop that does 90% of its work on insurance claims; “yeah, we can paint your car in plain white for $25,000 dollars”. 🤣🤣🤣
I actually like the idea of approaching Lockheed; or better yet, bought a flying Jetstar for $650k, and painted to look like Elvis’ jet (maybe exchange the engines with the museum to be able to claim them as the original Elvis’ jet recreation 😉😉😆)
I think if you cleaned it up to it’s near new condition it could be a bonified tourist location . People will stop at like a truck stop along a heavily traveled roadside stop if it’s advertised according. If it’s easy to access in Florida , you could become profitable within 2 to 3 years . I don’t know how else to advise proceeding forward with any endeavors .
I heard AirBNB offers up to $100k to turn unique items/places into rentals. Maybe turn the jet into an AirBNB so people can experience what it was like to be Elvis
That is awesome, Jimmy. I have been a huge Elvis fan since I was a kid, & for u to able to have opportunity & privilege to buy & own a piece of Elvis history property is just simply awesome 👌 👏 👍
Place it on a nice plot of land. Paint it, and rent it as an Airbnb with a cool Elvis theme on the property!