Understanding the 2023 Cessna 182 Price and Its Features

The Cessna 182, also known as the Skylane, is a popular light aircraft known for its reliability and ease of use. The 2023 model continues this tradition, offering enhanced features and improved performance. Let’s explore the different aspects that influence its price.

Base Price

The starting price for a brand new 2023 Cessna 182 is around $550,000. This base price includes the standard configuration and basic features. It’s important to note that this figure can vary slightly depending on the dealer and location.

Customization and Add-ons

Buyers often opt for various upgrades and customizations. These additional features significantly affect the overall cost.

• Avionics Upgrades: Advanced avionics systems, such as the Garmin G1000 NXi, can add $50,000 to $70,000 to the base price.
• Interior Customization: Upgraded seating and materials might cost between $10,000 and $20,000.
• Engine Modifications: Enhanced engine options can increase the price by $30,000 to $40,000.
• Paint and Aesthetics: Custom paint jobs and finishing touches might add another $10,000 to $15,000.

Operating Costs

Beyond the purchase price, owning a Cessna 182 involves several operating costs. These include insurance, maintenance, hangar fees, and fuel.

• Insurance: Annual insurance premiums range from $2,000 to $4,000, depending on coverage and pilot experience.
• Maintenance: Regular maintenance costs around $3,000 to $5,000 per year. Major overhauls might be more expensive.
• Hangar Fees: Storing the plane in a hangar will typically cost between $3,000 and $7,000 annually, depending on the location.
• Fuel: With an average fuel burn rate of 13-15 gallons per hour, fuel costs are significant but can vary based on fuel prices and flight frequency.

Market Comparisons

Comparing the 2023 Cessna 182 to other light aircraft helps put its price into perspective. Competitors like the Piper Archer and Cirrus SR20 offer similar functionalities but with different pricing.

• Piper Archer: The base price for a Piper Archer is around $450,000, making it a slightly cheaper option but with fewer high-end features.
• Cirrus SR20: Starting at $470,000, the Cirrus SR20 provides advanced avionics and a stylish design that competes closely with the Cessna 182.

Resale Value

The resale value of a Cessna 182 is another factor to consider. Generally, Cessna aircraft maintain their value well due to their robust build and widespread popularity. After five years, a well-maintained Cessna 182 might retain 70-80% of its original value.

Financing Options

Many buyers choose to finance their aircraft purchase. Interest rates for aircraft loans typically range from 4% to 6%, depending on the buyer’s credit score and the lender’s terms. Loan terms can extend up to 20 years, making monthly payments more manageable.

Availability of Used Models

For those looking to save money, purchasing a used Cessna 182 is an option. The price for a used model can range from $150,000 to $400,000, depending on age, condition, and installed features. Pre-owned aircraft often require more maintenance, which should be factored into the cost.

The 2023 Cessna 182 remains a reliable and popular choice for aviation enthusiasts and general aviation pilots. Its price, while substantial, reflects the quality, features, and reputation of this iconic aircraft.