Aircraft Snapshot
- Airframe ClassSingle-Engine Piston
- Passenger Capacity4
- Max Range700 NM
- Normal Cruise Speed150 KTAS
- Useful Load1,000 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$200,000 - $350,000
- Financing Profile / LiquidityExtremely High
Operating Costs
- EngineContinental IO-360
- Engine TBO2000 hrs
- Fuel Type100LL
- Fuel Efficiency11 GPH
- Direct Operating Cost$150 / hr
Financed Cost of Ownership
$2,375/mo
Estimated all-in monthly cost of ownership
- Financing Payment$1,750/mo
- Operating Cost (Est.)$625/mo
6.55% rate (Certified Piston), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Avidyne Entegra
Ownership Analysis
The SR20 G2 and G3 cover Cirrus’s mid-2000s SR20 generations, powered by the Continental IO-360-ES (200 hp) with CAPS standard and, on most examples, Avidyne Entegra or early Garmin Perspective avionics. They offer the Cirrus layout and parachute system at a substantially lower price point than newer SR20s.
The main ownership variables are avionics generation and support status, CAPS repack timing, and engine time. Older Avidyne-equipped aircraft may call for a panel upgrade decision, and a CAPS repack coming due can be a significant near-term cost that should be priced into the purchase.
Cirrus’s strong brand resale supports reasonable collateral values, though lenders will weigh the avionics generation and CAPS status alongside logbooks. Loan terms fall under the Certified Piston tier.
Curious what financing a Cirrus SR20 (G2/G3) could look like for you?
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