How much does it cost to buy a private plane?
If you aren't very particular, and don't need much of a plane, you can buy an old used but still flyable Cessna 152 for as low as $10k. Although if you want something safe, you'll probably spend more like 15k to 20k.
If you want to be able to actually go places & take people with you, you'll need something along the lines of a Cessna 172. Which goes used for between 30k and 50k.
A newish 172 or 182 with modern glass cockpit & all goes for over 80 to 100k
One of the more popular 4-seaters right now is the Cirrus SR-22, it's all carbon composite & modern, I understand it goes for about $250k
And if you want a new Beechcraft Bonanza, Cadillac of the sky, you'll speend around 700k
And that's just the singles.
At the other end of the spectrum, larger jets, such as the Gulfstream, can go for 40 million... And you could spend over 100 million for a decked-out BBJ (Boeing Business Jet)
And don't forget maintenence, for every $100 you spend flying it, count on spending another $50 fixing it/licensing it/insuring it.
The old adage is true... If it rolls, floats, or flies, its cheaper to rent than it is to buy.
Gulfstream G550 Aircraft
Price: $60,000,000
Price: $12,000
Inside a Piaggio P180 Avanti II Twin-Engine Turboprop Business Aircraft
Price: $22,000,000
Two aerobatic planes flying over Washington DC
Price: $400,000 each
The 8 principal reasons why you should buy a private plane
1. Flying for pleasure
2. Flying for business trips
3. Using a plane for crop-dusting
4. Aerial photography
5. Adventure, becoming a bush pilot
6. Skywriting
7. Airplane aerobatics
8. Aircraft racing
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