How much does a plane, or jet go for?

Question

I'm thinking about getting a plane in the near future, just a small one that I can go around in and fly in.... also, how much are some military planes now or back in the day...... ?

Answer 1

If your talking about buying a former military airplane (warbird) the prices vary greatly. You can get a North American AT-6 for $120,000 and up. North American T-28 from $150,000 and up. P-51 Mustang starts around $1.2 million and I have seen them around $2.0 million. Check out www.courtesyaircraft.com for warbird listings.
You can get a nice used Cessna 172 or Piper Cherokee for $40,000 to $60,000 with decent times remaining. Then their are the two seat Cessna 150/152s and Piper Tomahawks for $15,000 to $30,000.
You can get a used Cessna Citation 500/501 for around a million dollars and the new Very Light Jets are claiming to cost from $800,000-$2.5 million for jets such as the Eclipse, Adam A700, Citation Mustang, and Diamond D-Jet

Answer 2

A new plane starts at $250,000, but a new plane lasts up to 40 years and over 10,000 hours, so a used plane can be as good as new, even if its from the 60's
you can get a older mooney m20, which is one of about 3 single engine planes that can fly at 200mph or faster(and was the first plane to break 200mph with less than 200hp, using a 180hp o-360 engine which is also used in the considerably slower cessna 172) for about $65,000. Most have very high hours, but many dont. I saw one for sale the other day that had ifr certified gps and about 3000 hours for about $70,000.
Thats about a cheap as you can get, unless you want to go with a very small very limited aircraft such as one of the original piper cus, which can be found for less than $30,000, but have only 80hp and go very very slow.

Oh, and remeber, $60,000 ounds like alot, but the loans are for 20-30 years.
If you can get some buddies together, the cost of flying a mooney actually becomes less than taking an airliner. Think of this: a mooney can fly 200mph using 10 gallons and hour, which is about 20mpg, but when you share the cost between 4 people it means that you can fly 4 people 1000mile and back for $400.
The only thing you need to worry about is that planes have a limited weight capacity, so you would be limited to four 170lb people and not much luggage.

Answer 3

New technologies—including more efficient manufacturing systems, high-tech digital avionics, and lighter, more powerful engines—have enabled designers to build so-called microjets that can fly up to six passengers at hundreds of miles an hour, at a cost of as little as $1 million. (In comparison, Cessna's entry-level private jet, the CJ1, costs about $4.2 million.)
If that's too steep for your private hangar, don't worry—you should still get the opportunity to fly in these craft. Air-taxi companies will use the jets for on-demand travel to local and regional airports nationwide, thereby avoiding the congestion of major hubs and delivering you closer to your destination.

Bargain-basement manufacturing and operation costs should allow small-plane passengers to enjoy all the convenience of a private jet—any airport, anytime, no lines, no check-in— for the price of a business-class airline ticket or cheaper. DayJet in Delray Beach, Florida, has ordered 239 Eclipse 500s, made by Eclipse Aviation in Albuquerque, and plans to launch service next spring.

The only drawback is privacy, or lack thereof. With the cabin space of a large sedan, these aircraft have little room for fancy extras, such as lavatory doors. The toilet in Cessna's Citation Mustang is separated from the cabin by a mere curtain. Austrian-based Diamond Aircraft Industries, makers of the five-seater D-Jet, may omit the bathroom altogether. Our advice: Leave your modesty, and your coffee, on the ground. Here, a look at three new microjets to come.

The Plane: Eclipse 500
The Company: Eclipse CEO Vern Raburn, a veteran of Microsoft, has raised more than $400 million in start-up funds and now has five prototypes being flight-tested.
The Key Technology: Raburn’s secret to cost savings is a fully automated, ultrafast manufacturing technology called friction-stir welding, which eliminates the need for rivet guns.
The Specs: $1.47 million, Six seats (including crew), Cruise speed: 432 mph
The Time Frame:Commercial flights are expected next spring.

The Plane: Citation Mustang
The Company: Industry veteran Cessna builds a range of aircraft, from small, propeller-driven planes to top-end business jets.
The Key Technology: The Integrated Garmin G1000 avionics digital display replaces most switches and dial gauges. This gives pilots better situational awareness by plotting out potential hazards on a map.
The Specs: $2.4 million, Six seats (including crew), Cruise speed: 391 mph
The Time Frame:Commercial flights should begin in 2006.

The Plane: Diamond D-Jet
The Company:Austrian aviation company
Diamond is smaller than Cessna but more established than Eclipse; the D-Jet is its first jet-powered model.
The Key Technology: Made from composites, as Formula One racing cars are, the D-Jet will be lighter, stronger and more aerodynamic than a comparable aircraft made of aluminum.
The Specs: About $1 million, Five seats (including crew), Cruise speed: 363 mph
The Time Frame:Commercial flights are expected by 2007.

http://www.popsci.com/popsci/technology/generaltechnology/32f752bf9edf7010vgnvcm1000004eecbccdrcrd.html

Answer 4

2002 Cessna Citation X $16,200,000
1998 Learjet 31A $3,795,000
1990 McDonnell Douglas MD87 $16,500,000

1952 North American T-28C Trojan $325,000
1948 North American T-28A $113,000
1953 Lockheed Canadair CT-133 Mark 3 $180,000
1943 Stinson L-5 $49,500

All used of course
Are you ready to write the check?

I wish I had the money to buy one, I wouldn't but I wish I had the money.

Answer 5

You are awesome!

I've done quite abit of research over the years and found this information about this subject.

First of all, in order to fly a jet it is a rule of thumb to get at least private, instrument and commercial rating(Not necassary, but you will have to spend the same amount of money on flight hours anyways, so my as well have a commercial license). It would be good to get your twin engine rating also, but not necassary. What is important to get at least 300 hours of flying time and 500 hours would be better before piloting a jet aircraft.

So, in order to get that many hours you may consider purchasing a less expensive aircraft like a cessna 172 or equivalent. I personally would pick a pitts s-2 to train on, but it may be a little more power than most, but fully acrobatic and realtively inexpensive. What ever small aircraft I would choose I would definately spend a little extra money on a new safety system that is a rocket propelled parachute for emergency situations only.
http://www.npr.org/templates/story/story.php?storyId=1152221

Anywho,

As a jet enthusiast and substantial amount of research on the subject there is clearly only one jet aircraft you want to purchase. The L-39 Albatross http://www.l39.com/photos.html. It is a russian trainer for pilots before they fly in Migs. It beats every other plane in every category. These are the reasons why. Safety, Training, and Cost Efficiency Excellent safety record with several distributors and licensed mechanics throughout the country. It has sturdy strengthened landing gear. It can glide in the event of a engine failure. It even comes with two of the best ejection seats in the world. They are rated zero-zero meaning you can have zero altitude and zero speed and still safely walk away. Even if you eject at a 90' angle at 20' off the ground you still have a decent chance of survival due to the russians gyroscopic rocket design. However, Your insurance may cost a lot more due to the explosive charges that blows the bolts off the seat and canopy in a ejection emergency. Next the economics cost of this Aircraft is unbelievable! A descent L-39 aircraft itself costs between 350k-750k depending on the total airframe and engine hours, bells and whistles year made etc. The best part is that the total cost per hour including fuel and maintenance is only $500! Compare that to other jets at $1000-$10,000 or even $20,000! I spoke with an owner of an L-39 at an airshow, he loves it and he also gets a paycheck from it to help cover the costs...Hollywood and even the government pays him for special projects. You can see the L-39 Albatross in the opening Scene of James Bond's "Tomorrow Never Dies".


Second choice
There is another aircraft that may be close to the L-39 Albatross, but it is an experimental aircraft with little safety history, but about the same costs. The Viper Jet! http://www.viperjet.com/.

Others:
Careful!
There are a lot of other jets out there, but they are too expensive ( http://www.avtechgroup.com/ Awesome but experimental and expensive twin engine ratings needed with hours!), unsafe, or realllly unsafe. Avoid Mig-15's and Mig-21. They cost very little upfront but are very expensive in Maintenance and fuel. Not to mention how very unstable they are in flight. They are deathtraps to pilots without a lot of flying experience in jets. They do not have zero-zero ejection seats and in many aspects can be very dangerous.

Note: if you have a lot of money to spend, after you have your 300+ hours in a jet trainer you can pick up a Mig-29 for 1 million to 5 million dollars depending on total airframe and engine hours ,bells and whistles, year etc., but they cost around $20,000 an hour in fuel and maintenance. This would be the best aircraft to purchase with an exhorbenent budget. It has a better turning radius than an f-16 and is faster around Mach 2 I believe, but you can't go these speeds in United States airspace.
Also, you would need a lot of hours in a twin engine craft before flying these. However they are available to purchase at this time.

Whatever you choose do some research and find out the safety concerns first (Safety History, Back-up systems etc.) training second (hours needed) and economics (fuel/Maintenance per hour, Total airframe hours, total engine hours, Maintenance records/ service avaiability etc.) Good luck to you and best of all wishes!

Aaron Costa

Answer 6

controller.com is one of the best sites for shopping small planes. You can also get price and annual budget estimates for larger private jets at: http://www.jets.com/private_jets.aspx

Answer 7

it all depends. there's plenty of websites you can look on that have planes for sale from regular people, along with companies. even some that advertise part ownership. www.aerotraderonline.com is a good one to start with. there's also: www.myplane.com , www.controller.com , www.findaircraft.com , www.wingsonline.com , www.airshow.net.

Answer 8

You can get a plane for about a mil.

Answer 9

Anywhere from a few thousand to many millions.

Answer 10

ultra lights.... $3000
Lear 35 ...... 1Mil
Falcon 900b... 14Mil
A Ride to where you need to go... priceless.