2023 Cessna 182 Price

The Cessna 182, a widely respected single-engine aircraft, remains popular among private pilots and aviation enthusiasts. Those interested in acquiring the 2023 model will want to understand the full financial commitment. Below, we break down the different costs associated with purchasing a 2023 Cessna 182, including the base price, additional options, and operating expenses.

Base Price

The starting price of a brand new 2023 Cessna 182 Skylane is approximately $530,000. This figure represents the standard configuration without any additional options or customizations. It includes the basic avionics package and standard interior.

Factory Options and Customizations

Aircraft buyers often prefer adding features and customizations. These can significantly increase the overall cost. Some common options include:

• Advanced Avionics: Upgrading to advanced avionics systems can add between $20,000 to $50,000 to the base price. The Garmin G1000 NXi integrated flight deck is a popular choice.
• Interior Upgrades: Premium upholstery, additional seating options, and custom finishes can range from $10,000 to $30,000.
• Paint Schemes: Custom paint jobs and liveries cost between $8,000 to $15,000, depending on complexity.
• Performance Enhancements: Installing modifications such as STOL kits or enhanced propellers typically ranges from $5,000 to $20,000.

Insurance Costs

Insurance is a critical component of aircraft ownership. The cost depends on factors like pilot experience, intended use, and the hull value of the aircraft. On average, annual premiums for a new Cessna 182 are between $4,000 and $8,000. These numbers can fluctuate based on individual circumstances and additional coverage options.

Hangar Fees and Storage

Where you store your aircraft also impacts yearly costs. Renting a hangar can cost between $300 to $1,000 per month, depending on the airport and location. Some owners might opt for tie-downs, which are generally less expensive but expose the plane to weather elements. On average, expect to spend about $6,000 to $12,000 annually for secure storage.

Fuel and Maintenance

Operational costs are another significant aspect of aircraft ownership. Fuel is a major expense. The Cessna 182 Skylane burns about 15 gallons of avgas per hour. With avgas prices averaging around $6 per gallon, hourly fuel costs hover around $90. Assuming 100 hours of flight per year, annual fuel expenses would be approximately $9,000.

Regular maintenance is mandatory to keep the aircraft airworthy. Annual inspections and routine maintenance can cost between $3,000 and $5,000. Unforeseen repairs and part replacements can add to this, so having a contingency budget is prudent.

Training and Proficiency

Investing in pilot training is essential, especially for those new to the Cessna 182. Transition training with a certified instructor can cost around $2,000. Continuing education and recurrent training help maintain proficiency and safety, amounting to about $1,000 to $2,000 annually.

Miscellaneous Costs

Other expenses include navigation software updates, charts, and subscriptions for avionics databases. These can add another $500 to $1,000 per year. Membership in aviation organizations, such as AOPA or EAA, provides valuable resources and benefits, typically costing around $100 to $200 annually.

Total Cost Estimate

To summarize, the total cost of owning and operating a 2023 Cessna 182 for the first year might be as follows:

• Base Price: $530,000
• Options and Customizations: $50,000
• Insurance: $6,000
• Hangar Fees: $9,000
• Fuel: $9,000
• Maintenance: $4,000
• Training: $2,000
• Miscellaneous: $1,000

Total estimated first-year cost: $611,000

While the initial price tag of purchasing a new Cessna 182 can be substantial, the joy and convenience of owning a versatile, reliable aircraft often justify the investment. By planning for both expected and variable costs, potential buyers can ensure they are fully prepared for the financial responsibilities of ownership.