The cost of an airplane most times is the deciding factor when people want to buy a private jet which necessitates our bringing you price of nine private airplanes, including the Boeing business jet to help you make an informed decision.
The cost of an airplane will largely depend on the type of aircraft, years of usage, how well it’s been maintained, engine type as well as the avionics package of electronic systems used in the plane, amongst other factors.
How Much Does Plane Cost
The Beechcraft Baron G58
The Beechcraft Baron G58 is a popular twin-engine aircraft and is one of the latest planes that come with two 300-horsepower engines that can cruise at 202 KTAS for a range of 1,480 nautical miles. This piece of craft can fit up to six passengers.
The older model with outdated avionics might run less than $200,000, while a factory-fresh model has an MSRP of $1.5 million.
The Piper Cub
The Piper J-3 Cub is an aircraft that spans out of time. It was built in the 1930s and 40s, as a simple tailwheel airplane with front and back seating for two and is still loved amongst pilots today. The Piper Cub has a fuel burn of about 5 gallons per hour and low insurance costs and is a great toy aircraft for the enthusiast. It is estimated to cost somewhere between the range of $33,000 to $85,000.
The Cessna 172
Adjudged as the most popular training aircraft in the world, the Cessna 172 is also a popular option for general aviation pilots who are looking to buy a personal airplane. Cessna 172 is easy to fly, stable, and, for many pilots, comfortable. It comes with seats for 4 people, and has a maximum range of 640 nautical miles, and can cruise at 124 knots true airspeed (KTAS).
An old Cessna 172 can cost less than $50,000, while the brand new, off-the-line Cessna 172S Skyhawk has a manufacturer’s suggested retail price (MSRP) of $398,000, according to a spokeswoman at Textron Aviation, that owns both Cessna and Beechcraft.
The Eclipse 550
The Eclipse 550 is the most fuel-efficient twin-engine jet in its class. It has a maximum cruise speed of 375 knots and a range of 1,125 nautical miles. This piece is small but it is a technologically and advanced business jet designed for single-pilot operations and brings the light-jet market to the average pilot-businessperson. This piece of exquisite craft sells for a base price of about $3 million and it’s predecessor, the Eclipse 500, can be bought used for about $500,000 to $1.25 million.
A new Learjet 75 Liberty, will have you coughing out $9.9 million. It is a light business jet that can accommodate up to seven passengers while cruising at 0.81 Mach over a range of 2,080 nautical miles. A previously owned, say 2014 Learjet 75 can typically be purchased for $5 million-$6 million.
The Pilatus PC-12
The Pilatus PC-12 is a fairly new-to-market single-engine turboprop that has rapidly carved a place for itself in the multiple markets as a safe, reliable aircraft. Pilatus PC-12 will cost you: Used PC-12 from the late ‘90s or early aughts runs at about $2 million. The price of a new typically equipped Pilatus PC-12 stands at $5 million.
The Gulfstream G650ER
The Gulfstream G650ER is an ultra-long-range airplane that can fly over a range of 7,500 nautical miles at Mach 0.85 or 6,400 nautical miles at Mach 0.9. A used Gulfstream with the model year of 2013 should cost somewhere around $45 million, while a new one will cost you $71.5 million.
The Embraer Legacy 650
The Embraer Legacy 650E is an exquisite midsize business aircraft that can travel at Mach 0.8 over a maximum range of 3,900 nautical miles (with four passengers). A used prior Legacy model, a 2017 Legacy 500, for about $16 million, while you’d pay about $30 million for a brand new 650E.
The Boeing Business Jet (BBJ)
The Boeing Business Jet (BBJ) is a commercial airplane modified for private air travel and may include private bedrooms as well as bathrooms, conference rooms, kitchens, and seating for 25-75 passengers.
For the cost, a “green” version of the BBJ737 can go for $74 million. The interior of the “green” version of BBJ737 will cost an additional $25 million-$40 million.
To cruise around the world halfway without stopping, you should upgrade to a green BBJ777 for $475 million. The interior furnishings take on another $90 million-$175 million.
A previously owned BBJ737 is estimated to cost somewhere around $40 million.