
Aircraft Snapshot
- Airframe ClassLight Sport (LSA)
- Passenger Capacity2
- Max Range500 NM
- Normal Cruise Speed115 KTAS
- Useful Load550 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$100,000 - $150,000
- Est. Acquisition Cost (New)$180,000 - $220,000
- Financing Profile / LiquidityMedium
Operating Costs
- EngineRotax 912 ULS
- Engine TBO2000 hrs
- Fuel TypeAuto/100LL
- Fuel Efficiency4 GPH
- Direct Operating Cost$70 / hr
Financed Cost of Ownership
$1,639/mo
Estimated all-in monthly cost of ownership
- Financing Payment$1,348/mo
- Operating Cost (Est.)$292/mo
7.29% rate (MOSAIC Light Sport), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Garmin G3X / G500
Ownership Analysis
The Tecnam P2002 Sierra MkII is a low-wing, two-seat Light Sport Aircraft powered by the Rotax 912 ULS, used for flight training and economical personal flying.
Rotax maintenance intervals and training-use history are the key diligence items, along with Tecnam dealer support in the buyer’s region.
Lenders treat Light Sport aircraft as modest-value collateral with smaller loan sizes and underwriting focused on condition, logbooks, and the borrower’s profile. The FAA’s MOSAIC rule has broadened the Light Sport category and is drawing more attention to the segment. Financing falls under the MOSAIC Light Sport tier.
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