Owning your aircraft means you can fly at any time. But a used aircraft makes a lot of sense for many situations. While you can buy a used aircraft for a fraction of the price, the costs of maintenance, operation and financing could play a role in the decision. And, a 20-year-old version will cost about half that again, or in the $2 million range. A 10-year-old used model will be nearly half that. While it's difficult to find an MSRP, estimate that a new King Air 350 will run about $8 million. The twin-turbine Beechcraft King Air has been a business aviation staple with more than 7,000 in the market today. While it doesn't have a parachute like the Cirrus, it offers an affordable path to airplane ownership. There are options from the 1960s with low hours on the market for around $50,000. However, you can find used models on the market for an average cost of around $300,000.Īn alternative to the Cirrus would be something like the venerable Cessna Skylane 182.
The MSRP for a base model starts at $629,000 new, and you can add an extra $150,000 or so for known icing capabilities and other upgrades.
#Cessna 182p skylane for sale series
The differences may be in the avionics suite, which in many cases can be upgraded to current standards without breaking your budget.įor example, the single-piston-engine Cirrus SR series has sold more than 7,000 units since 1999. In most cases, a new aircraft doesn't have a significantly faster cruising speed or a higher useful load. The average price for a used aircraft can vary significantly depending on which class of plane you're looking at and the useful life you'd like to purchase.ĭepending on your requirements, you can purchase a used aircraft that may have similar performance characteristics at a fraction of the price of a new one. This long-term stable fleet in the market helps keep prices down for pre-owned aircraft. However, there are already more than 200,000 general aviation aircraft based in the U.S., so there are plenty of used aircraft to choose from.Īccording to GAMA, the average age of general aviation aircraft is 46.2 years. In 2018 for example, 2,443 general aviation aircraft of all kinds were manufactured, from single-engine trainers to business jets, according to the General Aviation Manufacturers Association. The right answer will depend on your expected use case and budget, i.e are you a private pilot looking to switch from renting to owning? Or, are you a Part 135 charter operator looking to expand your fleet?įirst, take a look at the options available to you. If you're in the market for a new-to-you aircraft, you may be trying to decide between buying a new or a used airplane.
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