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Do Cessna 172 hold their value?

Do Cessna 172 hold their value?

Purchasing a Cessna 172 can be a good investment. Cessna 172s can maintain their value or even appreciate in price over time. Buying as opposed to renting a Cessna 172 could make the most sense for some pilots. They include: Fuel: A Cessna 172 burns about 7-9 gallons per hour, with Avgas typically costing around $6 per gallon. Hence, your hourly fuel costs may range between $42 and $54 per hour of flight time. Engine Overhauls: They are not an annual expense but will be required over time, based on your usage.Cessna 172 insurance is among the most affordable in all of general aviation, thanks to its strong safety record, simple systems, and widespread availability of parts and training. Most Cessna 172 owners pay between $1,000 and $1,800 per year for comprehensive coverage, including both hull and liability insurance.

How much does it cost to fuel a Cessna 172?

Fuel: A Cessna 172 burns about 7-9 gallons per hour, with Avgas typically costing around $6 per gallon. Hence, your hourly fuel costs may range between $42 and $54 per hour of flight time. Engine Overhauls: They are not an annual expense but will be required over time, based on your usage. A Cessna 172 can typically fly around 640–800 miles on a full tank, depending on weather, weight, and altitude. That’s about 4–5 hours of flight time. Efficient planning and favorable conditions are key to maximizing range during longer flights in small aircraft.

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