How Much To Buy A Plane Review

: Midsize jets burn between $1,200 and $1,740 per hour in fuel. Small propeller planes like a Cessna 172 might cost closer to $80–$180 per hour .

: Large jets like the Gulfstream G700 retail for $75 million to $80 million . Ongoing Ownership Costs how much to buy a plane

: New models like the Cirrus Vision Jet start around $2 million . : Midsize jets burn between $1,200 and $1,740

: Annual inspections for small planes cost $600 to $1,200 , but major repairs or "bad broken things" can quickly add thousands more. Key Considerations Before Buying Ongoing Ownership Costs : New models like the

: Ownership is generally considered financially justifiable if you fly at least 200 to 400 hours per year . If you fly less, on-demand chartering or fractional ownership (similar to a timeshare) may be more cost-effective.