How Much To Buy A Plane ★

: Single-seat, single-engine recreational planes typically range from $8,000 to $15,000 .

: Popular for personal travel and training, these cost between $15,000 and $100,000 used, though a new Cessna 172 can be approximately $359,000 . how much to buy a plane

Prices depend heavily on the aircraft's mission and passenger capacity. : Never buy without a thorough inspection by

: Never buy without a thorough inspection by a neutral mechanic. Hidden deferred maintenance is a common reason budget-friendly listings can "bankrupt" new pilots. : Lenders typically require 15% to 20% down

: These typically range from $13 million to $20 million .

: Lenders typically require 15% to 20% down , with loan terms ranging from 5 to 20 years. Cost of owning a small airplane - Facebook

: Large jets like the Gulfstream G700 retail for $75 million to $80 million . Ongoing Ownership Costs