: New models like the Cirrus Vision Jet start around $2 million .
: 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 how much to buy a plane
: Never buy without a thorough inspection by a neutral mechanic. Hidden deferred maintenance is a common reason budget-friendly listings can "bankrupt" new pilots. : New models like the Cirrus Vision Jet
Buying the plane is only the first step. Annual operating expenses often range from for jets, and significantly less for small propeller planes. : Midsize jets burn between $1,200 and $1,740
: 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 .
: 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.