Curious how much airplane you can get for your money? If you’re just starting your search for an airplane, you might be surprised to learn that aircraft prices vary widely, depending on the year, modifications done to the airplane and the relevancy of the avionics, among other things.. A Cessna 172, for example, might cost $40,000 or $400,000 dollars.
From light aircraft to business jets, the costs vary from large to small. Here are some examples of what you’ll pay for a few of the most commonly purchased airplanes:
The Cessna 172
1982 Cessna 172P: $39,000
1981 Cessna 172P: $72,000
2007 Cessna 172SP: Approximately $150,000-$250,000
2015 Cessna 172SP: Approximately $364,000
The Mooney M20
1977 Mooney M20J: $65,000
2009 Mooney M20TN Acclaim: $425,000
The Beechcraft Baron 58
1977 Baron 58P: $175,000
2005 Baron 58: $649,000
The Piper Meridian
2007 PA46-500TP: $1.2 million
2015 PA46-500TP: $2.3 million
The King Air
1981 King Air B200: $825,000
2004 King Air B200: $2.3 million
The Citation Sovereign
2007 Cessna Citation Sovereign 680: $6.9 million
2008 Citation Sovereign 680: $8.0 million
The Gulfstream G550
2006 Gulfstream G550: $25.0 million
2014 Gulfstream G550: $49.9 million