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How much does Cessna 172 Cost?

by generalAviation
Cessna 172 Cost

Years had passed, but Cessna 172 remained the most produced aircraft in aviation history. Developed and manufactured in the mid-1950s, it has automatically taken the world by storm and continued to impress the world despite today’s intense competition.

Flying on a plane can be a good hobby and a career at the same time. But investing in the best aircraft like Cessna 172 should be a top priority. If it is your first time to hear about Cessna 172, you probably feel sceptical, and that’s normal. 

What encourages people of any race to switch to this aircraft? Is it affordable and worth the price? These are a few questions that will run into your mind. But your long search has finally ended, as you have come to the right place. 

Features 

Cessna 172 has undergone a series of intensive development since its inception. That’s why the modern Cessna 172 is far different from the one first released or introduced into the market in the mid-1950s. 

Below are the features to expect: 

  • A small aircraft that can accommodate a maximum of 4 occupants. So, you can always enjoy every picturesque view of your desired destination with your closest friends and colleagues. 
  • Developed with a 120 pounds baggage capacity. It is not as high as the competition. But it is worth it. 
  • It has a maximum speed of 126 knots, meeting or exceeding every pilot’s specific requirements and needs. 
  • Equipped with a quality, heavy duty, and long-lasting engine called Lycoming IO-360-L2A, 180 hp.
  • Marketed with a 56-gallon fuel capacity. Experts also say that a modern Cessna has an average of 8.5 gallons of fuel consumption per hour. 
  • Both the maximum takeoff and landing weights are 2550 pounds. 
  • The rate of climb is around 730 feet per minute. 
  • The stall speed has a 48 calibrated speed (KCAS). 

How Much Does Cessna 172 Cost? 

As Cessna 172 becomes more high-end, it is not surprising that its cost also increases. 

In 1956, it came with an $8,995 introductory base price. In the 1960s, its rate reached $10,000. 

Fast forward to 2021, the price of a brand new Cessna 172 cost ranges from $300,000 to $400,000. It is expensive, isn’t it? But it is worth the cost. 

How about a used aircraft? Well, the cheapest pre-owned Cessna 172 that you can find online is a 1965 172F, as it is only available at $25,000. Even if it is used, it is in perfect condition. But prepare your pocket as the running and repair costs might cause a dent in your bank account. 

If you are starting out as a hobbyist or professional pilot and you are on a tight budget, you can also consider a shared ownership. Its main advantage is that you can acquire bigger savings over time. 

What Are the Other Expenses? 

There’s a lot, including fuel, maintenance, housing, registration, insurance, and compliance audit costs. 

For the fuel, since Cessna 172 has an average of 8.5 gallons of fuel consumption and AvGas is around $2.25 per liter, you may pay around $72 for every hour of using the aircraft. But this may vary as there is no fixed price for the fuel. 

For the maintenance, a single Skyhawk owner needs an additional $2,000 per year, according to a 2019 survey. But since two years already passed, the maintenance and repair expenses may be lower or even higher. 

For the housing, there are factors to weigh in mind. The most common is the location. If aircraft hangars are located on a prominent aviation airport, it may cost $70,000 to purchase. That’s costly. 

So, even if you have the budget to spend, you also want to save, and leasing may be a brilliant idea. Monthly rental prices range from $400 to $900 per month. 

For the registration, the cost may be approximately $500 annually. But again, the rate may vary significantly.

The annual insurance cost for a housed Skyhawk, on the other hand, is $3,600. This rate may also increase or decrease depending on the flying hours, hangar conditions, housing location, etc. 

Things You Do Not Know About Cessna 172

How much do you know about Skyhawk? Below are the things you probably don’t know about Cessna 172: 

  • It has more than 20 variations, aside from special versions. Popular variations are the 172S, 172B, and 172S. 
  • Cessna Aircraft Company released a diesel-powered Skyhawk in 2017. But the company discontinued the diesel-powered Cessna 172 because of the reduced payload capacity and the high buying price. 
  • Cessna 172s are used for different purposes. Before, they were also employed as a trainer aircraft for prominent schools in the US and other countries worldwide. 
  • Most of the Cessna 172s are built in America. It is followed by France with 1,436 units. 
  • As the most produced aircraft in history, there are over 43,000 Cessna 172s since the 1950s. 
  • When Cessna 172B was launched, the name Skyhawk came to life.

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