How much would it cost to buy a plane?

Question

a propeller plane, say for example, any type of cessna.

Thnx

Answer 1

a generic 1970s/80s cessna, in good condition, close to 90k. Annual maintenance runs into the thousands. then you have fuel, fees, etc.

Answer 2

For an airworthy Cessna the price starts at about $11,000. This price will be found by talking to people at airports (asking around) because if the price is low and the plane is right they aren't going to spend extra money for an advertisement.
If you find one for less than that it probably will cost more to make it legal than it is worth. For a Cessna 150 - 172 the price range is about 11,000 -- 60,000. If you actually get serious about buying one you must pay a mechanic to inspect it first (costs about $1000), this will save you a bundle, because with airplanes there are so many things that can be wrong other than mechanical issues. (Unapproved parts and kits installed, does it have an airworthiness certificate, has it been in any accident and suffered a major repair, do the logbooks show total time of the plane, engine, and prop).
Hope this helps

Answer 3

That depends on model, airframe time, equipment, engine time, etc. A two seater 150 for instance, might run somewhere from $14k to $25 k. A good 172 might be $30k to $75k (or more) again depending on equipment (radios, etc.) whether it's IFR rated, and engine time (the more hours til overhaul the more expensive). I'd look at Aerotrader or one of the other airplane for sale pages, and get a feel.
If you are an AOPA member, they have a free VREF service, sort of like a Kelly Blue Book for cars. You can get a good idea of value from that.
Good luck. Just remember theres more than the initial cost of the plane - theres the annual, maintenance, upgrades, AD compliances, insurance, etc., so figure that in as well.

Answer 4

You can find some good deals, but you are still faced with maintenance. And there is quite a bit that is required. Big bucks and if you can't afford the maintenance, your plane will be grounded by FAA.

Something you need to look into. I found a real good deal on a c150, 8,000.00. Then before I bought it found it was due an overhaul. The overhaul was going to cost me almost as much as what I was going to pay for the plane.

So I was still renting. Oh well.....

Answer 5

You used to be able to take your pick of decent, older flyable planes that could be used for training for $10,000 or less, but that was 15 years ago.

You can still get into something useful for about what an average new car would cost. That's always pretty much been the comparison.

Answer 6

I searched Cessna 150s they OK for a cheap starter.
Oldest one here is a 1967, offer $5,000 and see what they say;
http://www.globalair.com/aircraft_for_sale/Listings_by_Model/Cessna_150.html
He may laugh, but, then say; "Well dumbo put a damn price on it, or tell me what you think is fair"!

But, this link show a 1971 and he asking $16,500;
http://www.airparts.com/aircraft/aircraft_index.cgi/noframes/read/883

Age may not be that big of deal as planes are well maintained.

Answer 7

go to the used plane lot an check there or look in e bay just make sure you buy one from a lot at the airport if not its hard to fly one from the down town store

Answer 8

It's not the cost, it's the upkeep, which starts the minute you sign on the line.
As Vanderbuilt said of his yacht:
"If you've got to ask, you can't afford it."