How Much Is A Small Airplane?

by | Last updated on January 24, 2024

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An ultralight can usually be purchased new for an average range of

$8000 to $15,000

. Single-engine planes will typically cost between $15,000 and $100,000.

What is the cheapest small plane?

The cheapest airplanes to fly and buy are small personal aircraft as you might have guessed. The most affordable planes to buy are the

Cessna 150, Ercoupe 415-C, Aeronca Champ, Beechcraft Skipper, Cessna 172 Skyhawk, Luscombe Silvaire, Stinson 108, and Piper Cherokee 140

.

How much is a Cessna 172?

You may ask, how much is a new Cessna 172 today? The Skyhawk goes out the door with pricing (from 2018) in the range from

$369,000 to $438,000

, depending on options—like the Garmin G1000 NXi.

How much is a private jet to buy?

The price for a brand-new private jet ranges from

$2 million to $500 million

. Keep in mind that the price is determined by many different factors, including the size, maker, range, customization and what the jet offers, like the engines and avionics.

How far can a small plane fly?

The small jet has a maximum range of

over 1700 miles

and can attain a top speed of 460 miles per hour. Impressively, this jet can cruise at an altitude of 41,000 feet along with other, much bigger planes.

How much does a 6 seater airplane cost?

New private planes range in price

from $100,000 for a modest 6-seater and go up to $500 million for a highly customized plane

. You'll also have to pay around $275 in hangar fees and $100 for tie-down equipment, up to $2000 per year in insurance costs, and up to $1200 in inspection fees.

Is it cheaper to fly your own plane?

Whether you save money or not flying yourself will heavily depend on the trip length. Usually,

short- and medium-length trips are more affordable in your own airplane

, and day trips are almost always more affordable, particularly on short notice, when you fly yourself.

How much is a old Cessna 172?

How Much does a Cessna 172 Cost? Given that there are so many variations and features of the Cessna 172, the cost to buy one varies massively. You can expect to pay around $400,000US for a brand new Skyhawk, however prices sit at

around $300,000

for a modern 172 on the pre-owned market.

What is the most affordable plane?

  • Less than $20k. Cessna 150. Ercoupe. Luscombe Silvaire.
  • Lower $20,000s. Aeronca Champ. Beechcraft Skipper.
  • Upper $20,000s. Cessna 172. Stinson 108.
  • $40,000+ Pre-201 Mooney M20.

How much does it cost to hangar an airplane?

You'll need to store your plane at an airport in a hangar or outdoors. Outdoor storage is typically cheaper than hangars and other covered spaces. Urban airports typically charge more than rural airports. The average hangar cost is

$275 per month, plus $100 for tiedown gear

.

How much is a 12 seater private jet?

Buying a heavy private jet (12-19 seats, 5000-7000 nmi):

$25-54 million

. According to press reports, the most expensive private jets can cost up to $100 million. But, if you look at the market, the highest-priced aircrafts available for private buyers generally sell for about $50,000,000 (2020 data).

How much is the cheapest jet?

The tiny Cirrus Vision Jet cockpit. The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at

$2 million

. The Vision Jet is the world's first single-engine private jet, and is powered by a Williams International FJ33-5A turbofan engine, which produces 1,800lbs of thrust.

How can I buy a jet?

  1. Do A Cost-Benefit Analysis. …
  2. Calculate Your Needs. …
  3. Go Find A Plane! …
  4. Now Take It For A Test Drive. …
  5. Get An Inspection. …
  6. Find Financing. …
  7. Get A Lawyer. …
  8. Now Pimp It Out.

How much is a Cessna 150?

Airplanes with expensive radios, paint jobs, and/or larger horsepower engines typically sell in the

$25,000-$30,000

range. The market for these upgraded Cessna 150s and 152s is quite small because it's possible to buy a low budget 4 seat airplane for around $30,000.

How fast is a Cessna 172?

188 mph

How much does a starter plane cost?

These are single-seat, single-engine planes that are ideal for personal recreation. An ultralight aircraft can usually be purchased new for an average range of

$8000 to $15,000

. Single-engine planes will typically cost between $15,000 and $100,000.

How much is a 7 seater plane?

As a few examples, a brand new Cessna Citation M2 (a light jet that seats seven) costs about

$4.5 million

at base price; the Learjet 75 (a popular mid-size jet that seats nine) costs about $13.5 million; and the ultra-luxurious Gulfstream G650 (a heavy jet that seats up to 10) has a base price of $64.5 million.

How much do pilots earn?

According to The Occupational Outlook Handbook, the Bureau of Labor Statistics, the salary for commercial pilots is

$93,300 per year

, which was the the median annual wage in May 2020. The median annual wage for airline pilots, copilots and flight engineers is $160,970.

What is the cheapest 6 seater airplane?

Coming in as the most affordable 6 seater airplane is the wildly popular

Piper Cherokee 6 PA-32

. Unlike most of the other planes you'll see in this guide, the Cherokee 6 is a single-engine turboprop with fixed landing gear.

How much is airplane fuel gallon?

As of April 15, 2021, Jet Fuel A was priced at an average of

$4.81 per gallon

in the United States. If you multiply that by the typical tank size of a commercial aircraft (3,500 gallons), filling up your plane with Jet A fuel may cost you somewhere around $16,835 in total.

Can you rent your plane out?

A.

Yes and Yes

. There are several IRS requirements that your aircraft rental business must meet if you want to use tax incentives. However, regardless of the tax benefits you can still benefit from substantial cost reductions per hour when you rent your plane out.

How much does it cost to land a private plane at an airport?

Landing fees vary from airport to airport and by aircraft type. The larger the aircraft, the larger the landing fee. Landing fees typically cost

between $150 and $500

. However, busy airports can charge into the thousands of dollars area.

How much is a Cessna jet?

The price to buy a new Cessna Citation XLS aircraft was listed at

$13 million

in 2019. The jets are still in production but second-hand models are available with an average sale price of $7.1 million, according to Business Jet Traveler.

How long can a Cessna 172 fly?

With the fuel tanks fully loaded the Skyhawk will fly

up to five or six hours in good weather conditions

. With a velocity of 110 knots (or 200 km/h), this equals a trip between Stockholm and Amsterdam – without having to stop for refueling if conditions are ideal.

How much fuel does a Cessna 172 burn per hour?

The Cessna 172 burns about

7-9 gallons

per hour with Avgas typically costing about $6 per gallon, hourly fuel costs for the Cessna Skylane run between $42 and $54 per hour.

David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.