Aircraft Snapshot
- Airframe ClassSingle-Engine Turboprop
- Passenger Capacity10 to 14
- Max Range900 NM
- Normal Cruise Speed165 KTAS
- Useful Load3,000 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$1.8M - $2.8M
- Est. Acquisition Cost (New)$3.0M - $3.5M
- Financing Profile / LiquidityHigh
Operating Costs
- EngineP&W PT6A-114A
- Engine TBO3600 hrs
- Fuel TypeJet-A
- Fuel Efficiency55 GPH
- Direct Operating Cost$650 / hr
Financed Cost of Ownership
$23,615/mo
Estimated all-in monthly cost of ownership
- Financing Payment$20,907/mo
- Operating Cost (Est.)$2,708/mo
6.69% rate (Turboprop & Jet), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Garmin G1000
Ownership Analysis
This listing covers the Cessna 208 Caravan on amphibious floats, combining the Caravan’s PT6A-114A-powered utility airframe with water and runway capability. Amphibian Caravans are widely used for island charter, tourism, and remote-access operations.
Water operations, especially in saltwater, make corrosion the defining ownership variable: floats, airframe, and control surfaces all require close inspection. Float system condition and maintenance adds cost beyond a wheeled Caravan, and useful load is reduced by the floats’ weight.
Lenders underwrite amphibians with extra attention to corrosion inspection results and operating environment. Values track the broader Caravan market, and loan terms fall under the Turboprop & Jet tier.
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